New Mercedes GLC: specs, pricing and engines

The Mercedes GLC is the brand’s best-selling car worldwide, Stuttgart having sold 2.6 million units since 2008 (including the GLK-Class predecessor). The new one picks up where the old GLC left, hoping to further establish itself in the all-important mid-size premium SUV market.  Once again, it will have to compete with some excellent rivals including… Continue reading New Mercedes GLC: specs, pricing and engines

All-electric Maserati GranTurismo Folgore revealed in new video

Maserati has posted a video of its new GranTurismo Folgore online, showing an undisguised prototype taking to Californian roads. We’ve spied the all-electric coupe testing before and it looks like the final car will retain the same exterior design as those versions. The GranTurismo Folgore is Maserati’s first all-electric car, beating domestic rivals Ferrari and… Continue reading All-electric Maserati GranTurismo Folgore revealed in new video

New range-topping Citroen My Ami Tonic revealed with £8,695 price tag

The Citroen Ami is the cheapest new car in Britain, starting from £8,095 or £19.99 a month on the keenest finance deal, and now there’s a new ‘My Ami Tonic’ model topping the tiny electric cars lineup. Available to order now from £8,695, the new My Ami Tonic features a new khaki and yellow exterior… Continue reading New range-topping Citroen My Ami Tonic revealed with £8,695 price tag

Buick to offer buyouts to U.S. dealers as brand prepares for all-electric future

General Motors Co. will offer buyouts to Buick dealers in the U.S. who decide not to opt in to the brand’s plans to be all-electric by 2030, the company confirmed Friday. The news first was reported by the Wall Street Journal ahead of a Buick dealer meeting on Friday. The buyout program would be open… Continue reading Buick to offer buyouts to U.S. dealers as brand prepares for all-electric future

Ford sales up 27.3% in August; EVs see strong gains

Ford Motor Co. saw sales gains across much of its U.S. lineup in August, fueling growth of 27.3% over the same month last year and outpacing the automotive industry’s overall performance. The Dearborn automaker sold 158,088 vehicles in the U.S. last month, up from 124,176 in August 2021. It saw gains of 13.2%, 47.7% and 307.3%,… Continue reading Ford sales up 27.3% in August; EVs see strong gains

New $52 million federal grant to boost mobility innovation in Michigan

Washington — The Detroit Regional Partnership Foundation is to receive a $52.2 million federal grant from a Department of Commerce program to boost and advance mobility innovation in the auto industry, officials said Friday. The Michigan proposal was among 21 winners of a $1 billion challenge funded by last year’s $1.9 trillion coronavirus relief package. The intent is to create jobs… Continue reading New $52 million federal grant to boost mobility innovation in Michigan

Ideanomics Announces Earnings Conference Call Details

NEW YORK, Sept. 2, 2022 /PRNewswire/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”) announces that it will conduct a conference call to discuss its 2021 fourth-quarter, 2021 full year, 2022 first quarter and second quarter financial results at 8:30 a.m. ET on September 9, 2022. The Company’s senior management team will give prepared remarks… Continue reading Ideanomics Announces Earnings Conference Call Details

Ideanomics, Inc. Reports Full Year 2021 Financial Results

– Revenues for the year ended December 31, 2021, were $114 million- Gross profit for 2021 was $23.2 million NEW YORK, Sept. 2, 2022 /PRNewswire/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”), a global company focused on accelerating the commercial adoption of electric vehicles, announced today its full year 2021 operating results for the… Continue reading Ideanomics, Inc. Reports Full Year 2021 Financial Results