Seeing your competitor undergo dramatic changes in fortune can be unnerving as there’s the fear that the same will happen to you. For electric vehicle maker Xpeng, Nio’s period of stock swings is a wakeup call for China’s EV startup boom. Xpeng and Nio are Tesla-like Chinese startups competing with more established automakers such as… Continue reading Chinese electric carmaker Xpeng says Nio stock swings a ‘good lesson’ for rivals
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The future of car ownership: Cars-as-a-service
Car shoppers now have several new options to avoid long-term debt and commitments. Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. Cars-as-a-Service In the first part of this feature, we explored the different startups attempting to change car buying. But not everyone… Continue reading The future of car ownership: Cars-as-a-service
Mazda recalls more than 262K vehicles to fix stalling engines
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Tesla reportedly plans to expand its production capacity in Fremont, according to a leaked email (TSLA)
Tesla plans to increase production capacity at its Fremont, California, plant, according to an email from the company’s president of automotive Jerome Guillen which was published in part by Bloomberg news. “While we can’t be too specific in this email, I know you will be delighted with the upcoming developments,” Guilen said in an email… Continue reading Tesla reportedly plans to expand its production capacity in Fremont, according to a leaked email (TSLA)
Tesla climbs after telling employees it’s planning to boost vehicle production (TSLA)
Tesla expects to increase production of its electric cars at its Fremont, California auto plant, according to an internal email. The decision comes after the company beat Wall Street delivery estimates in the second quarter, hitting a new record. Production may reach 500,000 vehicles globally in 2019 if its new factory in China can reach… Continue reading Tesla climbs after telling employees it’s planning to boost vehicle production (TSLA)
India car sales plunge by a quarter as credit crunch bites
Calls for emergency measures to help automobile industry stay afloat as slump hits economy Go to Source
Toyota to build new SUV, rather than car at Alabama plant
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse/File Photo WASHINGTON (Reuters) – Toyota Motor Corp (7203.T) said Wednesday it will build a new sport utility vehicle at a $1.6 billion joint venture assembly plant in Alabama rather than produce Corolla cars.… Continue reading Toyota to build new SUV, rather than car at Alabama plant
Mini Rocketman Electric Will See Production In 2022, Says Autocar
It required 11 years to happen, but, since the style never looks old… A common joke these days is that a Mini can be anything but mini. Market demands made the model grow, receive two additional doors, become a coupé, a roadster, and even SUVs. The mini part of Mini was missing until the Rocketman… Continue reading Mini Rocketman Electric Will See Production In 2022, Says Autocar
JLR sells 47,060 vehicles globally in June 2019, down 9.6 percent
JLR sells 47,060 vehicles globally in June 2019, down 9.6 percent
WEX brings mobile fuel payments to Shell fleet customers
WEX, a financial technology service provider, announced WEX Fleet DriverDash is now available to fleet drivers at Shell-branded locations across the country. DriverDash, the next generation in mobile fuel payments and the first mobile payment platform from WEX, enables drivers to authorize a fuel transaction from inside their vehicles. It uses a device’s biometric capabilities… Continue reading WEX brings mobile fuel payments to Shell fleet customers