When asked if Alfa planned SUVs in the future bigger and smaller than the Tonale, Imparato said “yes and yes”. It’s understood the smaller SUV will come in 2024, as an all-electric Alfa sister car to the Jeep Avenger, although the Alfa would be greatly overhauled with a very different set of capabilities. The larger… Continue reading Alfa Romeo supercar just months away from sign off
Category: US Motoring Press
Autocar Business Trends 2022: Will 2023 mark industry recovery?
Soaring energy and material costs could significantly impact production Close News 1 min read 4 November 2022 Access to this content requires a subscription to Autocar Business The Knowledge. To subscribe, please see below and to login please click here ]]> Basic Register Access to additional free article Regular newsletters to help you get… Continue reading Autocar Business Trends 2022: Will 2023 mark industry recovery?
Audi A5 Cabriolet axed from UK line-up following slow sales
The Audi A5 Cabriolet has been culled from the German firm’s line-up, and a replacement is unlikely as the brand consolidates its UK model range. An Audi spokesman told Autocar that the removal of the A5 Cabriolet was part of a “consolidation” of its model range, given that the A5 Cabriolet is an older model at the… Continue reading Audi A5 Cabriolet axed from UK line-up following slow sales
Exploding Takata air bags, 2 fatalities prompt warning for some Dodge, Chrysler drivers
The owners of more than a quarter-million older Dodge and Chrysler cars are being told not to drive their vehicles after two people died in separate crashes involving exploding Takata air bags. Information was limited, but the crashes involved 2010 Dodge Chargers, according to a news release from the National Highway Traffic Safety Administration. FCA,… Continue reading Exploding Takata air bags, 2 fatalities prompt warning for some Dodge, Chrysler drivers
2023 Ford Super Duty pickup had 52,000 orders in 5 days
Everyone knows Ford Motor Co. builds and sells a lot of trucks. It’s sort of like McDonald’s and burgers — or Apple and iPhones. But even Ford took notice when it opened order banks for the 2023 Super Duty on Oct. 27. Buyers placed a total of 52,518 new orders in five days, averaging more… Continue reading 2023 Ford Super Duty pickup had 52,000 orders in 5 days
Ghost car inventory on dealer websites washes over industry, disappointing customers
This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading Ghost car inventory on dealer websites washes over industry, disappointing customers
Carvana tumbles after posting declines in nearly every aspect of the car reseller’s business
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Shares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street’s top- and bottom-line expectations for the third quarter and reported declines in revenue, profit and sales compared with a year earlier. The stock fell by more than 7% during after-hours… Continue reading Carvana tumbles after posting declines in nearly every aspect of the car reseller’s business
Interest rate hikes have made financing a car pricier — especially if you have bad credit. How much you could pay
Tim Boyle | Bloomberg | Getty Images Although prices for new cars are moderating a bit, financing a vehicle purchase hasn’t been getting any cheaper. With the Federal Reserve’s latest interest rate hike — the sixth this year — auto loans are poised to become even more expensive. The Fed’s move has a ripple effect,… Continue reading Interest rate hikes have made financing a car pricier — especially if you have bad credit. How much you could pay
Jeep-maker Stellantis expects raw material inflation to ease next year
Engines undergo a final inspection at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Automaker Stellantis expects inflation costs on raw materials to subside next year following significant increases during the coronavirus pandemic, CFO Richard Palmer told investors Thursday. The spiking costs of critical raw materials… Continue reading Jeep-maker Stellantis expects raw material inflation to ease next year
Nikola cuts production guidance, sending stock down despite strong earnings report
Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said that it produced 75 trucks in the third quarter, and delivered 63 to dealers before quarter-end, generating enough revenue to beat Wall Street’s expectations. But the company trimmed its production guidance for the full year and declined to provide guidance for 2023.… Continue reading Nikola cuts production guidance, sending stock down despite strong earnings report