watch now DETROIT – General Motors’ first-ever “electrified” Corvette will be available later this year starting at more than $104,000, the automaker said Tuesday. The vehicle also will be all-wheel drive, another first for the quintessential American sports car. The carmaker said the E-Ray, which GM first confirmed to CNBC last year, will be the… Continue reading GM reveals new Chevy Corvette E-Ray hybrid sports car, starting at over $104,000
Category: US Motoring Press
Toyota is investing $35 billion into EVs. But some say it may be too late.
The world’s largest automaker, Toyota, is battling criticism that it is not moving fast enough to reduce carbon emissions. Some even say it is opposing climate-mitigation efforts. But the automaker says it does believe in an all-electric future. It just maintains that future will not reach all of Toyota’s markets at the same time. related investing… Continue reading Toyota is investing $35 billion into EVs. But some say it may be too late.
GM appealing to Supreme Court in case against FCA
General Motors Co. is asking the U.S. Supreme Court to review its racketeering lawsuit against Fiat Chrysler Automobiles, now known as Stellantis NV, according to a filing this month with the high court. GM in August lost its appeal in the case in August when the U.S. 6th Circuit Court of Appeals affirmed a federal… Continue reading GM appealing to Supreme Court in case against FCA
Push is on to make Michigan EV drivers pay new fees in lieu of fuel tax
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 Push is on to make Michigan EV drivers pay new fees in lieu of fuel tax
E-Ray: Chevy unleashes first all-wheel-drive, hybrid, 655-hp Corvette
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 E-Ray: Chevy unleashes first all-wheel-drive, hybrid, 655-hp Corvette
New government plan to save EV drivers £1000 per year
The UK government has announced a new Electric Vehicle Smart Charging Action Plan, which it says could save customers up to £1000 per year through more intelligent and automated EV charging. It’s hoped that smart charging – which allows customers to take advantage of cheap and cleaner electricity when demand is low through scheduling, at night or… Continue reading New government plan to save EV drivers £1000 per year
Chevrolet Corvette E-Ray hybrid brings 4WD, unprecedented pace
The latest Chevrolet Corvette matches a roaring 6.2-litre V8 petrol engine with an electric motor, making it the first four-wheel-drive ‘Vette and the fastest-accelerating yet. Named the Corvette E-Ray, the long-awaited hybrid supercar has been revealed exactly 70 years since the original Corvette took to the stage for a debut at the Motorama exhibition in New York. It has… Continue reading Chevrolet Corvette E-Ray hybrid brings 4WD, unprecedented pace
Kia to avoid ‘dangerous’ price cuts to protect residual values
Kia won’t rush to match Tesla’s heavy discounting of up to £8000, with UK president and CEO Paul Philpott warning that such a “blunt” action could have “dangerous” implications for residual values in the longer term. Tesla revealed a raft of reductions on list prices last week, citing reduced supplier costs as the reason it was… Continue reading Kia to avoid ‘dangerous’ price cuts to protect residual values
Britishvolt collapses with loss of nearly 300 jobs
Britishvolt today filed to appoint administrators and made the majority of its circa-300 staff redundant with immediate effect in a major blow to the future of UK manufacturing. The news was broken to staff in a company-wide meeting at 12pm today, following failed efforts to sell a majority stake and secure the firm’s long-term sustainability. The sale talks,… Continue reading Britishvolt collapses with loss of nearly 300 jobs
Ex-McLaren CEO Mike Flewitt named new BAC chairman
Mike Flewitt, former CEO of McLaren Automotive, has been named as chairman of the Briggs Automobile Company (BAC), promising to bring his experience of four decades at the top of the car industry to build what its founders said is their company’s “ambitious growth strategy and new model programme”. Flewitt said he has known the Briggs brothers for… Continue reading Ex-McLaren CEO Mike Flewitt named new BAC chairman