In 2017, automakers were scrambling to develop cars that could drive themselves. Ford Motor bet a billion dollars on a startup called Argo AI to catch up to flashy tech companies like Google, Uber and Tesla. Volkswagen, the second-largest automaker in the world, signed on as a backer in 2019, investing $2.6 billion Argo AI… Continue reading How Ford and VW’s multibillion-dollar self-driving car project failed
Category: US Motoring Press
Geely shares jump after automaker beats revenue expectations for 2022
watch now Chinese automaker Geely beat revenue expectations for 2022, sending shares surging Wednesday. Shares of Geely spiked as much as 7%, before settling down to trade nearly 3% above its previous close. Geely reported its 2022 revenue surged 45.6% from a year ago to 148 billion yuan ($21.49 billion), while profit jumped 8.5% to… Continue reading Geely shares jump after automaker beats revenue expectations for 2022
Howes: Presidential vacuum looms as UAW bargaining convention arrives
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2 employees of Tennessee town near planned Ford EV complex indicted
Memphis, Tenn. — Two employees of a rural Tennessee town that resisted a takeover attempt by the state after Ford Motor Co. announced plans to build an electric truck plant nearby have been charged with the theft of town funds and official misconduct, officials said Wednesday. Reva Marshall, the former finance officer for the town… Continue reading 2 employees of Tennessee town near planned Ford EV complex indicted
Chevy Camaro RIP, but a successor may be in the works
And then there was one. Detroit’s muscle car lineup shrank to the Ford Mustang on Wednesday as Chevrolet announced the end of Camaro production after the 2024 model year. The Camaro’s demise follows the discontinuation of Dodge’s popular Challenger coupe at the end of this year. V8-powered cars like the Camaro are under intense regulatory… Continue reading Chevy Camaro RIP, but a successor may be in the works
Go Like Hell: Dodge unleashes loaded Hornet R/T GLH Concept
Asheville, North Carolina — The Dodge Challenger and Charger are being put out to pasture, but their muscle car DNA lives on. With half the cylinders. Dodge on Wednesday unveiled a lower, louder, and bolder R/T GLH Concept version of the plug-in hybrid Hornet compact SUV — GLH for “Go Like Hell.” Loaded to the… Continue reading Go Like Hell: Dodge unleashes loaded Hornet R/T GLH Concept
Electric vehicle battery makers test a future without lithium
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Ssangyong confirms rebrand to KG Mobility
Ssangyong Motor Company has confirmed it will rebrand as KG Mobility under its new owner, the KG Group. The change was today approved by shareholders, having been announced by new chairman Kwak Jea-sun on 4 January. He was quoted by the Korea Herald as saying: “The name Ssangyong Motor has a fandom with good memories, but… Continue reading Ssangyong confirms rebrand to KG Mobility
Tesla Model 3
ASSISTED DRIVING NOTES The Model 3’s Autopilot and Autosteer functions extend beyond motorway lane keeping and traffic jam assist functionality to drive the car around town and to negotiate junctions autonomously – in theory. However, they’re troubling systems to use. Autopilot will centre the car within its lane, maintain a chosen speed, regulate distance to… Continue reading Tesla Model 3
Ford Capri name destined to return for second MEB EV
It’s a topic that will have been debated hotly in Ford’s customer focus groups over the past few years, since the firm reused the names Puma for a crossover and Mustang for an electric family SUV. Ultimately, thinks Leenarts, “the public loves that we’re bringing nameplates to new territories”, because they tap into a “unique… Continue reading Ford Capri name destined to return for second MEB EV