by Michael Strong | Jun 10, 2020
This story has been updated with additional information. Ford Motor Co. and Volkswagen AG are moving forward on the next stage of their partnership, developing midsize pickups and commercial vans, targeting sales of 8 million units. The pair will work to develop two...
by Paul A. Eisenstein | Jun 10, 2020
The coming year will see a flood of new battery-electric vehicles rolling into U.S. showrooms, including the Ford Mustang Mach-E, the Volkswagen ID.4 and the Cadillac Lyriq. The latter is one of 20 new BEVs General Motors plans to roll out by 2023, but despite the...
by Joseph Szczesny | Jun 10, 2020
The headline in this story has been revised to more accurately reflect the story’s content. The German government is moving ahead with a stimulus package that includes generous help for electric vehicles. Angela Merkel, Germany’s chancellor, said the package,...
by Michael Strong | Jun 9, 2020
Battery-electric vehicles comprise less than 5% of all new vehicles sold in the U.S., but that number is expected to rise to 50% by 2035 due in part of improving battery performance and falling prices. Lux Research’s new report, “The Electric Vehicle Inflection...
by Paul A. Eisenstein | Jun 9, 2020
It’s been a devastating year for the auto industry. The coronavirus pandemic is expected to result in a global sales decline of at least 20%, even as automakers wrack up record debt and fall into what one recent study described as a “profit desert.” Few companies have...
by Paul A. Eisenstein | Jun 8, 2020
Ford brought back the hybrid powertrain with the launch of its latest-generation Escape small ute and, now, it’s adding a plug-in hybrid version, as well. The numbers are impressive, including its EPA-rated 100 MPGe and an all-electric range of 37 miles per charge....
by Paul A. Eisenstein | Jun 5, 2020
Ride-hailing service Uber Technologies is reaching out to potential customers of its Uber Eats food delivery service in a bid to connect them with local black-owned restaurants. The Uber Eats app and web pages now highlight such restaurants in the U.S. and Canada and...
by Michael Strong | Jun 5, 2020
Fiat Chrysler continues to make its Pacifica minivan more capable, making all-wheel drive an available option on its 2020 Launch Edition model, ahead of its initial 2021 model-year reintroduction. Plans called for the brand to offer it next year, but the rise of...
by Michael Strong | Jun 4, 2020
Automakers have been investing heavily in the development of autonomous vehicles; however, a new study suggests that effort may not produce the benefits expected, claiming self-driving cars will only reduce crashes by a third. The Insurance Institute for Highway...
by Michael Strong | Jun 4, 2020
Fuel cell technology leader Nikola Corp. completed its merger with VectoIQ Acquisition Corp. netting $700 million in cash, a new ticker symbol and some high-powered help in the form of a new board member. The deal, which was initially announced in March, just needed...
by Paul A. Eisenstein | Jun 4, 2020
Doctors are starting to discover that COVID-19 can have long-lingering effects. That’s no surprise to the auto industry which is expected to feel the impact for years to come, according to a new study which anticipates global vehicle sales will fall about 47 million...
by Michael Strong | Jun 4, 2020
Volkswagen is giving the world the first glimpse of the new Arteon, which is scheduled to make its virtual worldwide debut June 24, with an early rendering of the new models. Alongside the classic gran turismo version of the new Arteon, Volkswagen also planning to...