The Global X Autonomous and Electric Vehicles ETF ended September sharply lower as lidar makers, EV companies and auto giants all sold off amid economic fears. Go to Source
Category: US Motoring Press
Ford’s stock is up 70% since Jim Farley became CEO – but he still has a ton of work to do
Ford’s stock achieved decades-high prices of more than $25 a share under CEO Jim Farley, but it’s fallen in recent months. Go to Source
New 2022 Mercedes GLC: pricing, powertrains and specs
The new second-generation GLC is now here and Mercedes is offering some form of electrification across the premium mid-size SUV’s whole range. The GLC is the firm’s best-selling car globally, selling 2.6 million units since 2008 (including the GLK-Class predecessor). On sale now with first deliveries expected in January 2023, the GLC will once again… Continue reading New 2022 Mercedes GLC: pricing, powertrains and specs
New Volvo EX90 electric SUV will be the brand’s safest ever car
Volvo’s all-new, all-electric large SUV will be called EX90 and will come loaded with advanced safety tech as part of the Swedish brand’s vision of zero deaths and serious injuries in its new cars. The Volvo EX90 will be sold alongside plug-in hybrid variants of the current XC90, Auto Express understands, and will be unveiled… Continue reading New Volvo EX90 electric SUV will be the brand’s safest ever car
Geely buys 7.6% share in Aston Martin
Chinese car giant Geely has taken a 7.6 per cent share in Aston Martin Lagonda, helping to raise the £654 million the British firm said it needed earlier this year. Other shareholders in the shape of Mercedes-Benz, the Yew Tree Consortium and Saudi Arabia’s Public Investment Fund also contributed to the fund raising. Geely already… Continue reading Geely buys 7.6% share in Aston Martin
The Citroen Oli concept is a £22,000 cardboard car of the future
A “Swiss Army knife” is what Citroen calls its new Oli concept car. It’s a pure-electric SUV with a pick-up load bed at the back and split-opening doors, with a focus on sustainability. It employs the ethos of the Ami quadricycle in a larger form factor, and previews design and engineering themes that will filter… Continue reading The Citroen Oli concept is a £22,000 cardboard car of the future
CarMax’s huge earnings miss points to trouble ahead for new-car market
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 e-Edition, 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 CarMax’s huge earnings miss points to trouble ahead for new-car market
Chrysler Pacifica Hybrid fire-risk recall requires battery pack update
Stellantis NV on Friday said it has a remedy for a recall on Chrysler Pacifica Hybrid minivans after more than a dozen caught fire. A root cause hasn’t been identified in the blazes that affected the 2017 and 2018 models that are included in the recall, though the automaker says it has identified conditions that… Continue reading Chrysler Pacifica Hybrid fire-risk recall requires battery pack update
Dingell asks Ford, GM, Stellantis and Toyota to stop use of cancer-causing supplier product
Washington — U.S. Rep. Debbie Dingell, D-Ann Arbor, asked the CEOs of Ford Motor Co., General Motors Co., Stellantis NV and Toyota Motor Corp. in a letter Thursday to stop using a cancer-causing chemical in their supply chains. In late July, Tribar Manufacturing in Wixom discharged liquid containing hexavalent chromium, a carcinogenic chemical, into the… Continue reading Dingell asks Ford, GM, Stellantis and Toyota to stop use of cancer-causing supplier product
Analysis: Can Aston Martin work with new stakeholder Geely?
Geely takes a stake in Aston Martin, but not exactly how it planned to Previously rebuffed Geely is now an 8% stakeholder, but that doesn’t mean they will work together Having been publicly rebuffed on its offer to invest in Aston Martin back in July, Geely has gone round the back by hoovering up shares… Continue reading Analysis: Can Aston Martin work with new stakeholder Geely?