One of Amazon’s new electric delivery vans from Rivian gets ready to leave the Amazon Distribution Facility on Cyber Monday on November 28, 2022 in Aurora, Colorado. Rj Sangosti | Denver Post | Getty Images Rivian and Amazon are in discussions to adjust the exclusivity clause of their agreement for the EV maker’s electric delivery… Continue reading Rivian is revisiting its exclusivity agreement with Amazon for EV delivery trucks
Category: US Motoring Press
Luxury automaker Porsche issues growth outlook after record 2022 earnings
The all-electric Porsche Taycan Turbo. Source: Porsche AG Luxury automaker Porsche AG issued an ambitious long-term outlook of more than 20% of return on sales, after posting record 2022 earnings on Monday on the back of higher deliveries. The carmaker said its operating profit rose by 27% to 6.77 billion euros ($7.23 billion) last year,… Continue reading Luxury automaker Porsche issues growth outlook after record 2022 earnings
Volkswagen to build battery plant in Canada to fast-track EV plans
Volkswagen AG has chosen Canada to build its first battery plant outside Europe in a bid to fast-track an expansion in the key U.S. market. The site, in St. Thomas, Ontario, is slated to start production in 2027, Europe’s biggest carmaker said Monday. The decision to locate the facility in Canada, amid rich incentives offered… Continue reading Volkswagen to build battery plant in Canada to fast-track EV plans
FCA opposes GM’s bid to revive racketeering lawsuit
Washington ― Stellantis NV on Monday urged the U.S. Supreme Court not to take up the racketeering lawsuit filed by General Motors Co. against a subsidiary, the former Fiat Chrysler Automobiles, saying it’s not warranted and the legal question at issue wouldn’t change the outcome in the case. GM in January had asked the justices to… Continue reading FCA opposes GM’s bid to revive racketeering lawsuit
Democrats call for increased enforcement of child labor laws
Washington — U.S. Rep. Dan Kildee, D-Flint Township, led a group of 61 Democratic members of Congress in calling Monday for the Biden administration to take more aggressive action against child labor in the United States. The letter comes around two weeks after the New York Times published an investigation showing widespread employment of child… Continue reading Democrats call for increased enforcement of child labor laws
Jaguar denies it has settled on plan to have fewer than 20 UK dealers
Jaguar has denied reports that it has formalised plans to have just 20 UK dealerships or fewer when it begins its reinvention as an EV-only brand in 2025, saying it has yet to decide on its final retail structure. Car Dealer reported last weekend that Jaguar will axe more than 60 UK dealers over the next two… Continue reading Jaguar denies it has settled on plan to have fewer than 20 UK dealers
Lexus RZ
Having just 150deg of movement between locks ensures you never have to take your hands off the steering ‘wheel’, which is why the yoke shape works. Weirdly, it imparts ever so slightly more information about grip levels than the conventional steering. The very variable ratio robs you of the last 5% of precision, which would… Continue reading Lexus RZ
Electric cars ‘top priority’ for Porsche following record year
Porsche recorded “its strongest result in history” with record revenue, profit, and sales in 2022, despite “difficult” market conditions. During its annual general meeting (AGM) this morning, the German firm said its operating profits hit €6.8bn (£6bn) in 2022, a 27.4% rise on 2021; its revenue rose to €37.6 billion, a growth of 13.6%; and its… Continue reading Electric cars ‘top priority’ for Porsche following record year
Porsche confirms all-electric Cayenne, expected in 2026
Porsche has confirmed plans for an electric version of the Porsche Cayenne, which remains comfortably its best-selling car. Expected to launch in 2026, it will be sold alongside facelifted versions of the petrol and plug-in hybrid Cayennes, which will receive a significant round of updates aimed at sustaining their appeal past the middle of the decade. The EV will… Continue reading Porsche confirms all-electric Cayenne, expected in 2026
Kia India commences CSD delivery for Defence Personnel
Kia India has entered the CSD market as a registered seller. This move is aimed at providing better access to defense personnel across the country. The company has already received over 100 bookings through this channel and will soon be delivering the Sonet and Carens models to dealerships nationwide. At an event in Frontier Kia,… Continue reading Kia India commences CSD delivery for Defence Personnel