The GTA version of the Alfa Romeo Giulia is one of the very best performance cars of today – just as the original was in 1965. Two years later, we were able to test a rally-prepared one. The GTA received a shorter wheelbase, myriad weight-saving measures (to about 760kg), closer gears and a new head,… Continue reading From the archive: on this day in 1967
Category: US Motoring Press
BMW XM Label Red brings 738bhp for £170,860
Five hundred Edition examples of the Label Red will be offered with a BMW Individual Frozen Carbon Black metallic paint finish, adding to the SUV’s exclusivity. The interior layout is otherwise unchanged, with lavishly upholstered leather bucket seats at the front and the M Lounge rear bench with a dedicated infotainment screen, tablet holders and USB-C ports. Ambient… Continue reading BMW XM Label Red brings 738bhp for £170,860
New Mini Cooper Electric revealed ahead of 2024 launch
The all-new Mini hatchback has been seen for the first time, having shed its camouflage ahead of a launch early next year. The second generation of Mini’s small EV – now called the Cooper – will be built in China atop a new front-wheel-drive platform engineered by Spotlight Automotive, BMW’s joint venture with Great Wall.… Continue reading New Mini Cooper Electric revealed ahead of 2024 launch
Official MG Cyberster design revealed in Chinese government filings
Leaked filings made with the Chinese government have revealed the design of the new MG Cyberster, long before the electric sports car was due to be unveiled. Appearing in a set of images revealing its front and rear, the Cyberster is a sleek soft-top with two seats. The filings suggest it will measure 4535mm long, 1913mm wide… Continue reading Official MG Cyberster design revealed in Chinese government filings
GM leads new funding in US-based lithium supply company for EV batteries
General Motors is investing in finding a better way to extract the raw material lithium — a critical element used in electric vehicle batteries — from North America as it ramps up EV production. GM Ventures is leading a $50 million second round of financing for Energy Exploration Technologies Inc. (EnergyX). GM has also entered… Continue reading GM leads new funding in US-based lithium supply company for EV batteries
Ford doubles down on EVs, while Wall Street looks to Disney for answers. Here’s our take on these Club stocks
Walt Disney (DIS) is facing skepticism from Wall Street over its streaming strategy and softer growth at its parks, while Ford Motor (F) is expanding its electric vehicle production. Here’s the latest news on these two Club holdings — and our take, too. Walt Disney The news: Guggenheim on Tuesday lowered is price target on… Continue reading Ford doubles down on EVs, while Wall Street looks to Disney for answers. Here’s our take on these Club stocks
Lamborghini CEO says orders for hybrid Revuelto show ‘incredible’ demand from wealthy car-buyers
watch now Lamborghini’s quick sellout of its new $600,000 hybrid supercar is proof that wealthy car buyers are still spending, according to the CEO. Lamborghini already has a waiting list and two years worth of orders for the Revuelto, its first ever plug-in hybrid that was launched last month, CEO Stephan Winkelmann told CNBC. The… Continue reading Lamborghini CEO says orders for hybrid Revuelto show ‘incredible’ demand from wealthy car-buyers
Nearly half of Americans say it’s unlikely they’ll buy an electric vehicle as their next car: Poll
An electric vehicle charges on a street in New York City on Dec. 7, 2021. Andrew Kelly | Reuters Nearly half of Americans in a new poll say it’s unlikely they would purchase an electric vehicle as their next car, citing the lack of charging options and the high costs as the main barriers to… Continue reading Nearly half of Americans say it’s unlikely they’ll buy an electric vehicle as their next car: Poll
Ford to invest $1.3 billion to build EV manufacturing hub in Canada
Ford display at the New York Auto Show, April 6, 2023. Scott Mlyn | CNBC DETROIT – Ford Motor will invest 1.8 billion Canadian dollars (about $1.3 billion) in its Oakville Assembly Plant in Ontario, Canada, to transition the facility into a new electric vehicle hub, the automaker said Tuesday. The plant, which will be… Continue reading Ford to invest $1.3 billion to build EV manufacturing hub in Canada
General Motors will lead a $50 million funding round for lithium extraction startup EnergyX
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet General Motors said Tuesday its venture capital arm will lead a $50 million financing round for EnergyX, a Texas-based startup developing a… Continue reading General Motors will lead a $50 million funding round for lithium extraction startup EnergyX