Hyundai Motor Group increases annual EV sales target by 2030 to 2 million units

Hyundai Motor Company unveiled its mid- to long-term business strategies and financial plans at the ‘2023 CEO Investor Day’ in Seoul held on June 20. With the aim of actively leveraging its knowledge and heritage of innovation from internal combustion engine (ICE) vehicles, the Korean automaker is committed to a successful transition to the electrification… Continue reading Hyundai Motor Group increases annual EV sales target by 2030 to 2 million units

Range Rover Evoque gets larger touchscreen, hybrid range boost

How have you found your first couple of months as MD of Range Rover? “Amazing. Intense, I’d say there’s a lot going on. You know, [revealing] the Range Rover Sport SV three weeks ago and then the Evoque today – just in terms of launches, the scope of what we have is incredible. And then… Continue reading Range Rover Evoque gets larger touchscreen, hybrid range boost

From the archive: on this day in 1933

As the 1990s dawned, MG was in a pickle. New owner British Aerospace had finally provided the budget to create the new roadster it had long known the public wanted, but the F wouldn’t be ready until 1995, while Mazda was having huge success with the new MX-5 and a burgeoning TVR was set to… Continue reading From the archive: on this day in 1933

Autocar magazine 21 June: on sale now

This week in Autocar, we cover Mercedes’ newest wild hypercar, drive Bentley’s £2 million swansong to its W12 engine and celebrate the 100th anniversary of the Le Mans 24 Hours. News Mercedes has launched the Vision One-Eleven concept as a “progressive interpretation of a ’70s brand icon”, paying tribute to the iconic C111 with just… Continue reading Autocar magazine 21 June: on sale now

Bill Ford announces $5.8M Ford Fund commitment for disaster relief

Bill Ford, executive chair of the company his great-grandfather founded, announced Tuesday that the Ford Fund is launching a $5.8 million investment devoted to disaster relief efforts to aid communities stricken by tornadoes, floods, hurricanes and wildfires. This is all part of a five-year partnership between the philanthropic arm of the automaker and Team Rubicon,… Continue reading Bill Ford announces $5.8M Ford Fund commitment for disaster relief

Stellantis, iPhone maker Foxconn team up to build semiconductors for auto industry

Jeep-and Chrysler-parent Stellantis and iPhone maker Foxconn on Tuesday announced a 50/50 joint venture called SiliconAuto to produce semiconductors for the automotive industry. The deal is the result of a memorandum of understanding the companies signed in late 2021 as a chip shortage was causing major headaches for automakers. That picture of supply chain troubles… Continue reading Stellantis, iPhone maker Foxconn team up to build semiconductors for auto industry

Electric version of popular Cadillac Escalade gets a name, reveal date

Cadillac will unveil the first electric version of its signature vehicle, the Escalade large SUV, in New York City on Aug. 9. Called the Escalade IQ, it’s likely to go on sale next year as a 2025. The model line will include a long-wheelbase version, possibly called the Escalade IQL. Cadillac plans to build the… Continue reading Electric version of popular Cadillac Escalade gets a name, reveal date

Fearless racecar driver to take on treacherous, 156-turn mountain — in a street pickup

Just sit down a minute. Because this next bit of information may be hard to imagine. Race car driver Robert Prilika has traded in the Porsche GT3 Cup car, Corvette ZR1 and Shelby GT500 Signature Edition (driven last year) for a 2023 Shelby F-150 Super Snake Sport in next weekend’s 2023 Pikes Peak International Hill… Continue reading Fearless racecar driver to take on treacherous, 156-turn mountain — in a street pickup