At the turn of the millennium BMW was no stranger to massive numbers, with the BMW M5 and BMW M6 having spec sheets comparable with the likes of Ferrari and Lamborghini. It’s therefore unsurprising to learn that in 2005 we caught wind of the firm developing a replacement for the ill-fated Z8, also meant to serve as… Continue reading From the archive: on this day in 2005
Category: US Motoring Press
Illinois, Indiana, Wisconsin join Whitmer’s Lake Michigan EV charging circuit
The states of Illinois, Indiana and Wisconsin have signed an agreement with Michigan to add charging stations and boost electric vehicle use around Lake Michigan. The voluntary agreement moves an EV infrastructure initiative announced by the Whitmer administration in 2021 forward. The effort, known as the Lake Michigan Electric Vehicle Circuit Tour, is geared toward tourism,… Continue reading Illinois, Indiana, Wisconsin join Whitmer’s Lake Michigan EV charging circuit
‘Bordering on unbelievable’: High demand for used vehicles turns your car into investment
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. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading ‘Bordering on unbelievable’: High demand for used vehicles turns your car into investment
Stellantis sentenced in diesel emissions cheating case involving Jeep SUVs, Ram pickups
The U.S. operating arm of Chrysler parent Stellantis was ordered on Monday to pay about $300 million to settle the criminal portion of its diesel emissions cheating case involving Jeep Grand Cherokee SUVs and Ram 1500 pickups. The dollar figure tracks with the amount listed in connection with the company’s guilty plea in June in U.S.… Continue reading Stellantis sentenced in diesel emissions cheating case involving Jeep SUVs, Ram pickups
These are the companies racing to dominate the fragmented auto dealership industry
Public auto dealership groups — AutoNation, Lithia Motors, Group1, Sonic Automotive, Penske, and Asbury — see huge profits to be made in the fragmented market. Go to Source
Ferrari boosts full-year guidance after a record second quarter
Ferrari increased its full-year guidance after a quarter that set records for revenue, profit and new orders. Go to Source
Chinese e-commerce giant Alibaba teams up with Tesla rival Xpeng on tech for driverless cars
For Xpeng, the move marks its ambitions to pull ahead in China’s fiercely competitive electric vehicle market and attempt to challenge giants Tesla and BYD. Go to Source
Israeli lidar maker Innoviz wins $4 billion Volkswagen contract for millions of sensors
Innoviz has struck a deal to supply lidar units to Volkswagen for millions of vehicles. The deal could be worth $4 billion over eight years, it said. Go to Source
Tesla drivers love their EVs, but Musk’s antics wearing thin with faithful
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Biden touts chip funding at virtual appearance at Hemlock Semiconductor
President Joe Biden on Tuesday touted $52 billion in funding for domestic semiconductor chip production during a remote appearance at the Hemlock Semiconductor Corp. outside of Saginaw. He had planned to visit Michigan in person, but appeared remotely instead after testing positive Saturday for COVID for the second time in less than two weeks. “The… Continue reading Biden touts chip funding at virtual appearance at Hemlock Semiconductor