Tesla is making some changes to the Cybertruck.The automaker originally started taking orders for rear-wheel-drive and dual-motor models to be delivered starting in late 2021.
Category: Newswire
Exclusive: China’s Dongfeng plans partial sale of PSA stake – sources
China’s Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said.Fiat Chrysler and PSA announced in October they would join forces in a 50-50 share merger to create the world’s fourth-largest automaker, seeking scale to cope with costly new technologies and slowing global demand.Shrinking Dongfeng’s stake could help get the deal past U.S. regulators, at a time of heightened trade tensions between Washington and Beijing.
Neuron EV Introduces Pure Electric TORQ
IRVINE, Calif., Dec. 6, 2019 /PRNewswire/ — Visionary automotive company Neuron EV has recently unveiled the Neuron EV TORQ, the firm’s electric semi-truck that sets new standards in clean energy vehicles. Sustainability The Neuron EV TORQ is a monumental leap forward in transitioning semi-trucks into the electric vehicle age. It fulfills the needs and expectations… Continue reading Neuron EV Introduces Pure Electric TORQ
Waymo’s Autonomous Taxi Service Tops 100,000 Rides
More than 100,000 trips have been taken in robotaxis operated by Waymo, the self-driving car unit of Alphabet Inc. Now the service is expanding to iPhone users.
Toyota’s Biggest Problem Is Keeping Hybrid Car Models in Stock
Toyota’s Biggest Problem Is Keeping Hybrid Car Models in Stock Bloomberg | Dec 5, 2019 at 7:23 PM Toyota Motor Corp. has a problem with selling its hybrids — it can’t get enough of them.
MG Hector gets pulled by donkey, carmaker initiates action against customer
In what is turning out to be a major embarrassment for MG (Morris Garages) Motor India, a video of the carmaker’s premium SUV Hector being pulled by a donkey is going viral online.Pancholi’s Hector had some clutch-related issues.MG Motor India sold 3,239 units of Hector in November 2019.
Kia to accelerate sales in India as new plant kicks off
Celebrating the launch of its latest overseas plant in India, Kia Motors said Thursday it will expand its portfolio of “Made-in-India” products next year and introduce fully digitalized sales and service channels for customers.In August, Kia launched the Seltos, a compact SUV strategically designed and marketed for the Indian market.In an effort to establish the brand’s reputation as a tech innovator, Kia has introduced a digital sales platform and 24-hour real-time mobile service for vehicle maintenance, including service reservation, vehicle diagnosis and payment.
Nio is nuts, where’s the cash?
…Nio was meant to be China’s Tesla killer. Backed by a host of well known investors including Tencent, Baillie Gifford and Sequoia Capital, the electric car company was seemingly China’s chosen one to…
British Icon MG Motor Unveils an Electric SUV in India
MG Motor unveiled an electric sport utility vehicle in India, becoming just the second automaker to launch such a product in a market where clean-energy cars have yet to make a dent.
Italy ‘claims FCA undervalued Chrysler
Bloomberg reported Thursday that Italian tax authorities have claimed Fiat Chrysler Automobiles underestimated the value of its American business by 5.1 billion euros ($5.6 billion) following its phased acquisition of Chrysler several years ago, presenting the carmaker with a potentially hefty bill as it prepares to merge with French rival PSA Group.Fiat Chrysler is now registered in the Netherlands with a tax residence in the U.K. – not Turin, Fiat’s home for more than a century.The move triggered the so-called exit tax that Italy collects on capital gains realized when companies move assets outside the country.