Nikola, a start-up electric truck company that had made a big splash on Wall Street, announced a broad alliance with General Motors in September that promised to give the company critical technology, financial support and credibility with investors. But the news was quickly overtaken by claims that Nikola had exaggerated its capabilities, and the firm’s… Continue reading G.M. Scales Down Nikola Deal
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Kyte raises $9 million to deliver rental cars to your doorstep
More than two years ago, Ludwig Schoenack, Nikolaus Volk and Francesco Wiedemann looked at the bevy of scooter services, ride-hailing apps, public transit and car-sharing options available in most urban centers in the United States and saw a gap in the mobility market. Consumers who didn’t want to own a car, but needed one for… Continue reading Kyte raises $9 million to deliver rental cars to your doorstep
Trucks & Electrified Vehicles Propel American Honda to Strong 2020 Finish
Honda wrapped a globally-challenging year on a positive note with a 4.2% December gain for trucks, plus a new record for electrified vehicles and a double record for Passport. • Led by strong sales of the CR-V Hybrid (24,406) and Accord Hybrid (18,229), Honda posted record sales of electrified vehicles for the third straight year,… Continue reading Trucks & Electrified Vehicles Propel American Honda to Strong 2020 Finish
Tesla unveils new map of upcoming Supercharger stations, adds stations, and updates timelines
Tesla has released a new map of its upcoming Supercharger stations, adding many new planned stations to the network, removing others, and updating timelines in the process. Tesla Supercharger network The Supercharger network is one of Tesla’s two charging networks along with the “Destination network.” While the Destination network focuses on providing charging solutions at… Continue reading Tesla unveils new map of upcoming Supercharger stations, adds stations, and updates timelines
Rivian Is close to raising funds at $25 billion valuation
Rivian Automotive Inc., the electric-truck startup backed by Amazon.com Inc. and Ford Motor Co., is close to raising a new round of funding valuing it at about $25 billion, according to people familiar with the matter. Several existing Rivian investors are participating in the round, which will raise several billion dollars, the people added, asking… Continue reading Rivian Is close to raising funds at $25 billion valuation
Dealers saw increase on 2019 December orders, says Dealerweb
Dealers in the UK saw orders for new vehicles rise by 9.5%, against December 2019, as 2020 drew to a close. According to the latest data from Dealerweb. Orders for used vehicles fell by 10% while the average sale price increased from £18,682 to £20,900. Enquiry levels fell for both new and used vehicles by… Continue reading Dealers saw increase on 2019 December orders, says Dealerweb
Honda’s Swindon factory temporarily suspends production
It is the second time production has been affected in two months. Work was also halted in December because of congestion at ports caused by stockpiling. Go to Source
@Mazda: Mazda Reports December and Full Year 2020 Sales Results
IRVINE, Calif., Jan. 5, 2021 /PRNewswire/ — Mazda North American Operations (MNAO) today reported total December sales of 31,308 vehicles, achieving best-ever December results and an increase of 18.2 percent compared to December 2019. Full year sales in 2020 totaled 279,076 vehicles sold, an increase of 0.2 percent compared to 2019. With 28 selling days in… Continue reading @Mazda: Mazda Reports December and Full Year 2020 Sales Results
@FCA: FCA US Reports Fourth-quarter and Full-year 2020 Sales Results
January 5, 2021 , Auburn Hills, Mich. – FCA US LLC sold 499,431 vehicles in the fourth quarter and 1,820,636 vehicles for 2020 as a resilient dealer network offset much of the decline in fleet sales caused by the COVID-19 pandemic. Retail sales for the quarter rose 1% due in large part to the Jeep®, Ram… Continue reading @FCA: FCA US Reports Fourth-quarter and Full-year 2020 Sales Results
@FCA: En Diciembre FCA México reportó un crecimiento en ventas de 17% comparado con 2019
5 de enero de 2021 , Ciudad de México – FCA México reportó en diciembre ventas de 6,584 unidades, un crecimiento de 17% comparado con el año anterior. Por décimo octavo mes consecutivo RAM continúa como la marca con mayor número en ventas. “Cerramos diciembre con resultados positivos, tuvimos un crecimiento en ventas de 17% basado… Continue reading @FCA: En Diciembre FCA México reportó un crecimiento en ventas de 17% comparado con 2019