Category: News Site

GM striving to double L2 chargers through its community program, with 1K dealers enrolled

General Motors revealed Wednesday almost 1,000 GM dealers have enrolled in its Dealer Community Charging Program so far. GM says it intends to nearly double the availability of Level 2 (L2) EV charging in the US and Canada, with plans to add up to 40,000 chargers in underserved communities where infrastructure is currently limited. GM… Continue reading GM striving to double L2 chargers through its community program, with 1K dealers enrolled

Tesla on self-driving claims: ‘failure to realize long-term, aspirational goal is not fraud’

Tesla defended itself in a lawsuit over its self-driving claims brought by a customer by saying that “mere failure to realize a long-term, aspirational goal is not fraud.” In September, we reported on a Tesla owner filing a class-action lawsuit against Tesla over “allegedly misleading the public regarding its Autopilot, Enhanced Autopilot, and Full Self-Driving… Continue reading Tesla on self-driving claims: ‘failure to realize long-term, aspirational goal is not fraud’

Outlet claims Tesla China president will replace Elon Musk as CEO right after losing fake news case

In a truly bizarre situation, media outlet Pingwest claims that Tesla has decided to replace Elon Musk as CEO with Tom Zhu, president of Tesla China, right after losing a lawsuit over fake news against Tesla. Pingwest is a Chinese tech publication with a decent-size following on social media and dozens of employees, according to… Continue reading Outlet claims Tesla China president will replace Elon Musk as CEO right after losing fake news case

Used vehicle demand and prices continue to decline from record highs

A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale prices of used vehicles reached their lowest level in more than a year last month, as retail sales decline amid interest rate hikes, rising new vehicle availability… Continue reading Used vehicle demand and prices continue to decline from record highs

Carvana shares tank as bankruptcy concerns grow for used car retailer

watch now Shares of Carvana plummeted by more than 40% during trading Wednesday after the embattled online used car retailer’s largest creditors signed a deal binding them to act together in negotiations with the company. The pact, as first reported by Bloomberg, includes creditors such as Apollo Global Management and Pacific Investment Management that hold… Continue reading Carvana shares tank as bankruptcy concerns grow for used car retailer

Ford’s top marketing executive is leaving the company

Ford Motor Co.’s top marketing executive is departing the company. The Blue Oval said in a statement Wednesday that Global Chief Marketing Officer Suzy Deering, who joined the company from eBay two years ago, will be leaving her role effective Friday. “We thank Suzy for her contributions to Ford and wish her all the best… Continue reading Ford’s top marketing executive is leaving the company

VW tries to jump-start electric shift with new SUV, factory revamp

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading VW tries to jump-start electric shift with new SUV, factory revamp