The interior of the new Mercedes-Benz E-Class has been unveiled, including the new MBUX Superscreen that will be available in the sixth-generation executive car. This comes as part of a concerted effort to provide it with a significantly more contemporary cabin and digital-based user experience than its predecessor. Set for a start to UK sales in saloon form in… Continue reading Mercedes-Benz reveals new MBUX Superscreen for E-Class
Category: US Motoring Press
Fiat Panda set to return as one of two new EVs in 2023
Fiat will launch two new EVs this year, one of which is expected to be a small SUV badged as the Fiat Panda. The two models will be part of the major EV push being made by Fiat parent company Stellantis. Its European EV portfolio will increase from 22 currently to 30 this year and 42 by the end of 2024. Stellantis CEO… Continue reading Fiat Panda set to return as one of two new EVs in 2023
UAW to increase strike pay as union gears up for Detroit Three bargaining
Months after delegates at last year’s UAW convention reversed a strike pay increase that had been approved only a day earlier, the union’s International Executive Board has decided to up the pay to $500 per week, the amount that had originally been OK’d at the convention. The increase, from $400 per week, is something that… Continue reading UAW to increase strike pay as union gears up for Detroit Three bargaining
Stellantis said it made $18B in net profit in 2022
Stellantis said its net profit jumped 26% in 2022 to almost $18 billion (16.8 billion euros) compared with its 2021 results. The automaker offered a rosy assessment of the past year as well as what’s to come in 2023 as it released its earnings early Wednesday for the year. The company’s guidance for 2023 listed… Continue reading Stellantis said it made $18B in net profit in 2022
Stellantis workers to get profit-sharing of $14,760
Stellantis’ UAW-represented workers are set to receive profit-sharing checks this year that could hit $14,760, the largest payout per worker among the Detroit Three automakers. That amount, announced Wednesday, represents an increase from 2022, when the company said checks would total $14,670. At that time, the company said it was the largest profit-sharing amount the… Continue reading Stellantis workers to get profit-sharing of $14,760
Lucid’s revenue falls short of estimates as it guides to higher EV production in 2023
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle maker Lucid on Wednesday reported fourth-quarter revenue that fell short of expectations after building just 7,000 of its Air luxury sedans last year amid manufacturing challenges.… Continue reading Lucid’s revenue falls short of estimates as it guides to higher EV production in 2023
Lidar maker Luminar announces ‘multibillion dollar’ expansion of its deal with Mercedes-Benz
Austin Russell, Luminar founder and CEO, with Markus Schäfer, Mercedes-Benz AG chief technology officer at Mercedes-Benz’ Sindelfingen, Germany plant. Mercedes-Benz Lidar maker Luminar said Wednesday that Mercedes-Benz will incorporate its sensors and software in a “broad range” of vehicles starting mid-decade, in a significant expansion of an ongoing partnership between the two companies. Under the… Continue reading Lidar maker Luminar announces ‘multibillion dollar’ expansion of its deal with Mercedes-Benz
Nikola will offer a driver-assist system for its trucks starting next year
Nikola Motor Company Two truck Source: Nikola Motor Company Nikola will begin offering an advanced driver-assist system on its electric heavy trucks starting late next year, the company said Wednesday. The system, made by Plus and called PlusDrive, is similar to the highway driving systems offered by automakers including Tesla, General Motors and Ford Motor… Continue reading Nikola will offer a driver-assist system for its trucks starting next year
Jeep, Dodge maker Stellantis posts record annual profit, announces $4.47 billion shareholder payout
An engine undergoes assembly at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Carmaker Stellantis on Wednesday announced record full-year results, reporting a 26% rise in net profit to 16.8 billion euros ($17.9 billion) and a 41% annual jump in global battery and electric vehicle sales.… Continue reading Jeep, Dodge maker Stellantis posts record annual profit, announces $4.47 billion shareholder payout
Bentley to end production of ultra-performance 12-cylinder engine as it transitions to EVs
A staff member checks a Bentayga SUV on the Bentley production line at their factory in Crewe, Britain, December 7, 2022. Phil Noble | Reuters Bentley Motors plans to end production of its 12-cylinder engine next April as the famed luxury carmaker transitions to electric vehicles. The British automaker of ultra-luxury performance cars said the… Continue reading Bentley to end production of ultra-performance 12-cylinder engine as it transitions to EVs