Elon Musk says a Chinese automaker will likely be second to Tesla: ‘They work the smartest’

Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Elon Musk said that a Chinese automaker is likely to be the closest competitor to Tesla, while stressing the company is “winning in China” right… Continue reading Elon Musk says a Chinese automaker will likely be second to Tesla: ‘They work the smartest’

Toyota CEO and President Akio Toyoda to step down

Akio Toyoda, president and CEO of Toyota Motor Corp. Kiyoshi Ota | Bloomberg | Getty Images Toyota Motor‘s president and chief executive, Akio Toyoda, will step down from his post on April 1, to be succeeded by current Chief Branding Officer Koji Sato, the Japanese automaker said Thursday. Sato, 53, has been heading the Toyota… Continue reading Toyota CEO and President Akio Toyoda to step down

‘Legit’: Bollinger Motors attracts laid-off Ford workers, Michigan partners toward 2024 launch

This content is only available to subscribers. Get unlimited digital access. $1 for 3 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. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading ‘Legit’: Bollinger Motors attracts laid-off Ford workers, Michigan partners toward 2024 launch

Grand jury probes faulty Goodyear recreational vehicle tires

Detroit – A federal grand jury in Los Angeles is gathering evidence in a criminal investigation of Goodyear recreational vehicle tires that the government blames for crashes that killed eight people and injured dozens of others. The grand jury has subpoenaed Arizona lawyer David Kurtz seeking all documents and deposition transcripts in a lawsuit he… Continue reading Grand jury probes faulty Goodyear recreational vehicle tires

Hyundai unveils $8.5 billion spending plan amid EV push

This content is only available to subscribers. Get unlimited digital access. $1 for 3 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. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Hyundai unveils $8.5 billion spending plan amid EV push

GM invests $20.5 million in customer care and aftersales plants

General Motors Co. is investing $20.5 million across three of its customer care and aftersales parts distribution centers, including two in Michigan. The Memphis Parts Distribution Center will receive a $14 million investment, the Ypsilanti Processing Center and Davison Road Processing Center a $3 million investment and the Davison Road Processing Center in Burton near… Continue reading GM invests $20.5 million in customer care and aftersales plants

Biden’s push to slash truck pollution has a hidden loophole

When Biden administration officials unveiled a first-in-decades crackdown on pollution from heavy-duty trucks last month, they touted the requirements as a major step toward cleaner air and environmental justice.  The measure compels engine makers to adopt technology designed to curb tailpipe emissions. Tucked inside the 1,200-page rule, though, is an exemption — pushed by manufacturers including Daimler… Continue reading Biden’s push to slash truck pollution has a hidden loophole

Nissan electric sports car concept coming next week

Nissan will show a new zero-emission concept car, expected to be a physical version of the Max-Out design study, on Thursday 2 February. The vehicle’s debut has been previewed via a Youtube broadcast with a picture of somebody stepping out from the passenger side, hinting that Nissan has built a physical version of the digital-only… Continue reading Nissan electric sports car concept coming next week

Exclusive: HMRC confirms new method for AER calculations

HMRC has confirmed its new methodology for calculating advisory electric rates (AERs) for business drivers using EVs. It told Autocar Business that it will use figures published in the Office for National Statistics (ONS) quarterly index for domestic electricity, which forms part of the Consumer Price Index. “The AER value is calculated using the quarterly… Continue reading Exclusive: HMRC confirms new method for AER calculations

New Renault CEO to focus on high-margin cars

Renault has named Fabrice Cambolive as its next CEO to oversee its transition upmarket, dictated by Renault Group boss Luca de Meo’s ‘Renaulution’ strategy. Effective from 1 February, de Meo will hand control of the brand to Cambolive as it transitions into the next stage of the strategy. De Meo will continue to serve as CEO… Continue reading New Renault CEO to focus on high-margin cars