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
Category: US Motoring Press
Want to live in a van down by the river? Ford has a new vehicle for that
watch now DETROIT — Ford Motor wants to make “living in a van down by the river” a bit more comfortable than late comedian Chris Farley — a cousin of the automaker’s CEO — made it out to be in a well-known “Saturday Night Live” sketch from the early 1990s. The Detroit automaker on Thursday… Continue reading Want to live in a van down by the river? Ford has a new vehicle for that
Payne: Multi-state trek shows off Mazda CX-50’s multi-talents
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. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Payne: Multi-state trek shows off Mazda CX-50’s multi-talents
Three senior Ford leaders to retire in latest exec-level staffing changes
Ford Motor Co. on Wednesday announced a spate of executive departures, with three senior company leaders slated to retire in the coming months. Departing are Stuart Rowley, Ford’s chief transformation and quality officer; Joy Falotico, president of Lincoln since 2018 and a 33-year Ford employee; and Steven Armstrong, who is retiring from his role as… Continue reading Three senior Ford leaders to retire in latest exec-level staffing changes
Payne: The Lordstown Endurance marches to the beat of a different hub motor
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. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Payne: The Lordstown Endurance marches to the beat of a different hub motor
American Axle draws interest from Melrose Industries
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. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading American Axle draws interest from Melrose Industries
Automakers see Europe demand slowing as inflation bites
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. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Automakers see Europe demand slowing as inflation bites
KTM to acquire 25% stake in MV Agusta
Italian sportsbike manufacturer MV Agusta and Austrian two-wheeler manufacturer Pierer Mobility have agreed on a strategic cooperation. Within the framework of this strategic partnership between the two European motorcycle manufacturers, KTM AG, which is owned by Pierer Mobility, will provide MV Agusta with supply chain support and take over the purchasing. Furthermore, in the course… Continue reading KTM to acquire 25% stake in MV Agusta
Orders open for electric, £129,170 Mercedes-Benz EQS SUV
“As we see for both models, we made a lot of tweaks in the last month and our colleagues did an enormous job to find the last tenth of drag coefficients of the efficient drivetrain. To be honest, not everybody at the company thought we could come up with values like that but we managed… Continue reading Orders open for electric, £129,170 Mercedes-Benz EQS SUV
Autocar Business Trends 2022: Will agency sales be a hit?
The new Autocar Business Trends report is a quarterly analysis of the principal ways in which the automotive industry is changing. In this penultimate chapter we investigate the reasons behind an industry-wide shift to the agency sales model over the coming years, with insight into why major brands have announced the switch – and why others are not… Continue reading Autocar Business Trends 2022: Will agency sales be a hit?