At the 2022 Tesla shareholders meeting, CEO Elon Musk suggested that peak inflation is past, pointing to prices it’s paying for commodities. Go to Source
Category: US Motoring Press
Fitch upgrades Stellantis credit rating after record first-half results
Fitch Ratings this week upgraded Jeep maker Stellantis NV’s credit rating, expecting the company will be able to maintain a strong financial profile following record first-half results. Fitch boosted Stellantis to “BBB” from “BBB-.” That’s still “lower medium grade” investment worthy, but signals some confidence in the new company’s ability to weather impacts of the… Continue reading Fitch upgrades Stellantis credit rating after record first-half results
Electric vehicle charging circuit coming to Lake Michigan shoreline route
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 Electric vehicle charging circuit coming to Lake Michigan shoreline route
NHTSA probes Tesla crashes that killed 2 motorcyclists
Detroit — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles. The National Highway Traffic Safety Administration sent investigation teams to two crashes last month in which Teslas collided with motorcycles… Continue reading NHTSA probes Tesla crashes that killed 2 motorcyclists
Porsche courts Gulf sovereign funds for landmark IPO
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 Porsche courts Gulf sovereign funds for landmark IPO
Tesla investors approve stock split; Musk to add factories
Detroit — Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company’s shares more accessible to smaller investors. Preliminary results of the shareholder vote were announced at the electric car and solar panel maker’s annual meeting at its new factory in Austin, Texas. CEO Elon Musk also discussed at… Continue reading Tesla investors approve stock split; Musk to add factories
New BYD Seal is Europe-bound Tesla Model 3 rival
The new BYD Seal electric saloon has gone on sale in China, with BYD confirming that initial deliveries are planned to begin by the end of the month. Revealed in May, the Tesla Model 3 rival is claimed to have attracted up to 60,000 pre-orders from Chinese customers. Prices for the Seal in its home market… Continue reading New BYD Seal is Europe-bound Tesla Model 3 rival
Autocar’s name that car quiz: Commonwealth Games edition
Know your Holdens from your Hondas? Could you pick a Vauxhall Astra VXR out from a crowd of regular hatchbacks? In this week’s Autocar quiz we’re celebrating the Commonwealth Games with a mix of cars connected to the competing nations. Take a look through the gallery above and see if you can identify each make… Continue reading Autocar’s name that car quiz: Commonwealth Games edition
Tesla’s 1100bhp tri-motor models to launch in Europe this year
Tesla will release the 1100bhp tri-motor Plaid variants of its Tesla Model S and Tesla Model X in Europe at the end of the year, putting the cars back on sale outside of the US for the first time in nearly two years. The American firm had originally halted sales of its biggest models in… Continue reading Tesla’s 1100bhp tri-motor models to launch in Europe this year
New Mercedes-Benz EQS SUV: £130k EV lands in November
The ride height can be raised by up to 25mm at speeds of up to 50mph, while above 68mph it is automatically lowered by 10mm in Comfort mode and by 15mm in Sport mode to reduce drag and aid overall efficiency. A rear steering angle of up to 4.5deg is standard across the EQS SUV line-up but… Continue reading New Mercedes-Benz EQS SUV: £130k EV lands in November