Category: News Site

Ford unveils E-Transit electric cargo van with 126 miles of range and $45,000 price tag

Ford unveiled the all-electric version of its popular Transit delivery van, with connected vehicle technology to help commercial fleet owners better manage their cargo operations. The E-Transit will have a smaller battery and less range than most passenger EVs released in recent years, but Ford insists that it will be more than sufficient to meet… Continue reading Ford unveils E-Transit electric cargo van with 126 miles of range and $45,000 price tag

Rivian electric pickup will debut with three editions, with a cheaper one to follow

Rivian is opening up pre-orders for three editions of its upcoming electric pickup truck and SUV that start as low as $67,500 and with a battery range of more than 300 miles. However, more options will follow, including a base version that will have a smaller range of at least 250 miles and a price… Continue reading Rivian electric pickup will debut with three editions, with a cheaper one to follow

Rivian is making its hands-free driver assistance system standard in ‘every vehicle’ it builds

Electric automaker Rivian will makes its hands-free driver assistance system standard in every vehicle it builds, including its first two vehicles — the RT1 pickup truck and R1S SUV — that are coming to market in 2021. Details about the system, which is branded as Driver+, was just one of numerous new bits of information… Continue reading Rivian is making its hands-free driver assistance system standard in ‘every vehicle’ it builds

Nissan’s civil lawsuit against Carlos Ghosn to get first hearing

The first hearing for Nissan Motor Co.’s lawsuit against Carlos Ghosn is scheduled to take place in Yokohoma on Friday, part of the Japanese automaker’s efforts to claim 10 billion yen ($95 million) in damages from its former chairman. Nobuo Gohara, an ex-prosecutor and critic of Japan’s justice system, said he and a team of… Continue reading Nissan’s civil lawsuit against Carlos Ghosn to get first hearing

Cadillacs probed for suspension failure that led to crashes

Detroit – The U.S. government’s road safety agency is investigating complaints that the rear suspensions on some older Cadillac SUVs can fail, causing drivers to lose control and possibly crash. The probe by the National Highway Traffic Safety Administration covers about 344,000 Cadillac SRX SUVs from the 2010 through 2015 model years. The agency says… Continue reading Cadillacs probed for suspension failure that led to crashes

Asia Digest: Grab partners with Lazada Vietnam; ARA Asset unit buys Korean tower

Grab Vietnam and Lazada Vietnam will partner to provide a seamless digital experience to consumers in the country, while Singapore-based ARA Asset Management’s Korean subsidiary has acquired a landmark office tower in Seoul. Grab partners with Lazada Vietnam Grab Vietnam and e-commerce firm Lazada Vietnam today announced a partnership that aims to provide a seamless… Continue reading Asia Digest: Grab partners with Lazada Vietnam; ARA Asset unit buys Korean tower

Hertz Reports $222M Net Loss in Third Quarter, with Sequential Improvements

Throughout the third quarter, Hertz Global took advantage of a hot used car market to take average operating fleet down 34% through its remarketing channels. Photo via Depositphotos. Hertz Global Holdings yesterday reported results for its third quarter 2020 with revenue of $1.3 billion, a decline of 56% over the third quarter in 2019. Hertz reported… Continue reading Hertz Reports $222M Net Loss in Third Quarter, with Sequential Improvements