Stellantis to shutter and sell large testing facility amid cost-cutting efforts

Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024.  Nathan Laine | Bloomberg | Getty Images DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year,… Continue reading Stellantis to shutter and sell large testing facility amid cost-cutting efforts

MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit

LOS ANGELES, Oct. 18, 2024 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Methode Electronics, Inc. (“Methode” or the “Company”) (NYSE: MEI). Class Period: June 23, 2022 – March 6, 2024 Lead Plaintiff Deadline: October 25, 2024 If… Continue reading MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit

Ex-demo cars slash up to 54% off cost of new EVs

Dealers are offering discounts of more than 50% on ex-demonstrator electric cars as they battle slowing demand. The incentives mean that low-mileage examples of EVs such as the Nissan Leaf and Vauxhall Mokka Electric can be bought for less than their nearest petrol-powered equivalents with similar mileage. They are being offered in part to ensure the… Continue reading Ex-demo cars slash up to 54% off cost of new EVs

Why in-wheel motors are the next big thing for electric cars

In-wheel motors (IWMs) have been around since the world got serious about electric propulsion. GM’s Autonomy of 2002 concept was an FCEV with a skateboard chassis propelled by IWMs. GM had working demonstrators, including a Chevrolet S-10 pick-up with IWMs driving the rear wheels plus a single motor at the front. For the past 15… Continue reading Why in-wheel motors are the next big thing for electric cars

@Groupe PSA: OP Thoroughbred from Rüsselsheim000695

CD stands for Coupe Diplomat and gives an indication of the technical basis, the Diplomat B with a 230 hp 5.4 liter V8 engine, which Opel brought onto the market in the spring. However, the metallic red sports car with pop-up headlights is only 1.11 meters high and, at 4.57 meters, exactly 30 centimeters shorter… Continue reading @Groupe PSA: OP Thoroughbred from Rüsselsheim000695