Lidar-maker Luminar files for bankruptcy

Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures, and a legal fight with its largest customer, Volvo. The company aims to sell off its lidar business during the bankruptcy proceeding, and has already reached a deal to sell its semiconductor subsidiary. While the company will continue to… Continue reading Lidar-maker Luminar files for bankruptcy

Tesla warns of massive lease price hikes coming at end of the month, the prices are crazy

Tesla has been pulling every demand lever it can find to end the year on a high note, resulting in some of the most aggressive lease pricing we’ve ever seen. The automaker is now signaling that these deals are expiring at the end of the month, and the price jumps are going to be significant.… Continue reading Tesla warns of massive lease price hikes coming at end of the month, the prices are crazy

Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin

A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. The launch of Tesla Inc.’s driverless taxi service Sunday is set to begin modestly, with a handful of vehicles in limited areas of the city. Photographer: Tim Goessman/Bloomberg via Getty Images Tim Goessman |… Continue reading Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin

Ford to record $19.5 billion in special charges related to EV pullback

watch now DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. The Detroit automaker said most of those charges will occur during the fourth quarter. That will be followed by $5.5… Continue reading Ford to record $19.5 billion in special charges related to EV pullback

Dealers urged to re-stock forecourts now to maximise january margins

Carwow has urged dealers to re-stock their forecourts in December to maximise January profit margins, as new data from Brego shows that purchasing November 2024’s best-selling models in December would have delivered an average 7.3% higher margin than waiting until January to buy. The analysis tracked the top five best-selling vehicles from November 2024 over… Continue reading Dealers urged to re-stock forecourts now to maximise january margins

Ford’s big bet on EVs didn’t pan out — now its pivoting to hybrids and energy storage

Transportation The automaker will make an EREV version of the F-150 Lightning that will get up to 700 miles of range. The automaker will make an EREV version of the F-150 Lightning that will get up to 700 miles of range. by Andrew J. Hawkins Dec 15, 2025, 9:05 PM UTC Andrew J. Hawkins is… Continue reading Ford’s big bet on EVs didn’t pan out — now its pivoting to hybrids and energy storage

German FAZ: German automobile manufacturers earn less than they have since the financial crisis010347

From July to September, German automobile manufacturers were under greater pressure than at any time since the financial crisis. Taken together, sales and revenue from Volkswagen, BMW and Mercedes-Benz remained largely stable. However, the manufacturers’ operating profit (EBIT) fell by almost 76 percent. With a total of just over 1.7 billion euros, they reached the… Continue reading German FAZ: German automobile manufacturers earn less than they have since the financial crisis010347

German FAZ: German automobile manufacturers earn less than they have since the financial crisis010349

From July to September, German automobile manufacturers were under greater pressure than at any time since the financial crisis. Taken together, sales and revenue from Volkswagen, BMW and Mercedes-Benz remained largely stable. However, the manufacturers’ operating profit (EBIT) fell by almost 76 percent. With a total of just over 1.7 billion euros, they reached the… Continue reading German FAZ: German automobile manufacturers earn less than they have since the financial crisis010349

German FAZ: The arguments against the combustion engine ban010348

FAZ+Before the EU proposal: The arguments against the end of combustion enginesDecember 15, 2025, 7:36 amReading time: 7 min. Expand image descriptionEven in the car industry, no one dreams of a return to an era of combustion cars. But the transition to the new drive technology is complicated. An overview. Go to Source