Used car retailer Vroom purchases and sells vehicles online without requiring consumers to go into a physical dealership. Screenshot Online used car retailer Vroom is buying its first Super Bowl airtime Sunday to introduce the company to the roughly 100 million fans that watch the game every year — and to make fun of its… Continue reading Online car seller Vroom promises torture-free car buying in first Super Bowl ad
Category: News Site
Elon Musk says don’t buy a Tesla during production ramps for best quality (TSLA)
Tesla CEO Elon Musk recommended the best time to buy a Tesla in an interview published this week. He said quality tends to be worse at times when Tesla is working to quickly ramp up production. Tesla was building Model 3s so quickly last year that paint wasn’t drying properly, Musk said. Visit the Business… Continue reading Elon Musk says don’t buy a Tesla during production ramps for best quality (TSLA)
Japan’s first hypercar is obviously also one of the best in the world – Lifestyle Asia
Gear Japan’s first hypercar is obviously also one of the best in the world Share this article Next article The Aspark Owl is the fastest-accelerating production car in the world. If this is the first time you’re hearing about the Aspark Owl, we don’t blame you. The story behind Japan’s first-ever hypercar is one that… Continue reading Japan’s first hypercar is obviously also one of the best in the world – Lifestyle Asia
Mahindra hints at hiking vehicle prices in Q1 next fiscal
New Delhi: Mahindra & Mahindra Ltd on Friday hinted at a possible price hike of its range of vehicles in the next few months due to rising commodity prices. The company, which was recently reported to have cut jobs in its North American operations, is likely to reduce it further even as it prepares to… Continue reading Mahindra hints at hiking vehicle prices in Q1 next fiscal
Mahindra’s profit slides on one-time Ssangyong hit
BENGALURU: Mahindra and Mahindra (M&M) Ltd reported a slump in third-quarter profit on Friday, as the carmaker reported a one-time loss on its South Korean unit Ssangyong Motor which has filed for bankruptcy Mahindra, as part of a wider review to retain only those businesses with the potential to make money, has been in talks… Continue reading Mahindra’s profit slides on one-time Ssangyong hit
Didi’s group-buying unit mulls raising $4b to boost growth plans
Chinese ride-hailing giant Didi Chuxing’s community business is considering raising $4 billion to boost its growth amid increasing demand for group-buying delivery services, according to people familiar with the matter. Didi, backed by SoftBank Group Corp., is weighing chipping in about $3 billion to Chengxin Youxuan, the people said, asking not to be identified because… Continue reading Didi’s group-buying unit mulls raising $4b to boost growth plans
A closer look at Tesla’s latest semi electric truck prototype
We recently reported that Tesla has built a new semi electric truck prototype, maybe the first in three years, ahead of the start of production later this year. Now we get a closer look at the Tesla Semi, as it was spotted at a truck stop. New Tesla Semi prototype As we reported earlier this… Continue reading A closer look at Tesla’s latest semi electric truck prototype
Fuel-cell truck startup Hyzon agrees to merge with decarbonization plus SPAC
Hyzon Motors Inc., a fuel cell truck startup, has agreed to go public via a merger with Decarbonization Plus Acquisition Corp., according to people with knowledge of the matter. The special purpose acquisition company has held discussions about raising new equity to support the transaction that values the combined entity at more than $2 billion,… Continue reading Fuel-cell truck startup Hyzon agrees to merge with decarbonization plus SPAC
Ford says agencies have ended mileage, pollution test probes
Detroit – The U.S. Justice Department and state of California have ended investigations into Ford Motor Co.’s gas mileage and emissions certification processes. Ford says in its annual report filed with the Securities and Exchange Commission on Friday that the DOJ and the California Air Resources Board told the company they don’t intend to take… Continue reading Ford says agencies have ended mileage, pollution test probes
Autorola offers dealers white label car disposal portal
Autorola UK is offering dealers a white label version of its online wholesale used car sales portal to support dealers in disposing of unwanted or over age stock. The portal gets dealer’s used cars in front of other wholesale buyers digitally without any of the transport costs. Peugeot, Citroen, Skoda, SEAT, VW Commercials, Audi, Nissan,… Continue reading Autorola offers dealers white label car disposal portal