Carousel Motor Group Launches Carousel Online, An Automotive Ecommerce Site

Carousel has teamed up with Cox Automotive, Inc. to create an e-commerce platform that simplifies the online buying and selling experience. The buying process is completely digital, using vehicle transparency through 360-degree virtual tours, sharing detailed vehicle information, and providing concierge product experts right at the buyer’s fingertips. The car buyer can virtually obtain trusted… Continue reading Carousel Motor Group Launches Carousel Online, An Automotive Ecommerce Site

Hyundai is building EV and battery production facilities in Georgia

Hyundai is building facilities dedicated to manufacturing electric vehicles (EVs) and batteries in Savannah, Georgia, marking Hyundai’s first EV-only plant in the US (via CNBC). The South Korean automaker will spend $5.5 billion on the new facilities and will receive an additional $1 billion investment from its suppliers. Hyundai expects production at the 2,923-acre site… Continue reading Hyundai is building EV and battery production facilities in Georgia

German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004354

Mercedes boss Ola Källenius with the S-Class Anyone who wants to buy a Mercedes in the future will have to pay significantly more for it. (Photo: Bloomberg) Throughout its 135-year history, Mercedes-Benz has always aimed high. But the brand often failed because of its ambitions: whether as an integrated technology group, as a global corporation… Continue reading German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004354

German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004352

Mercedes boss Ola Källenius with the S-Class Anyone who wants to buy a Mercedes in the future will have to pay significantly more for it. (Photo: Bloomberg) Throughout its 135-year history, Mercedes-Benz has always aimed high. But the brand often failed because of its ambitions: whether as an integrated technology group, as a global corporation… Continue reading German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004352

Lancia will return to the French market from 2024

Carlos Tavares had promised it at the beginning of 2021, during the merger between PSA and Fiat Chrysler: each of the 14 brands in the portfolio of the new group “will have a chance”. Despite the production crisis that is shaking the sector, the boss of Stellantis kept its word, to the delight of Lancia,… Continue reading Lancia will return to the French market from 2024

German Handelsblatt: 300 SLR Uhlenhaut Coupé: Mercedes classic car breaks Ferrari record with 135 million euros004343

Ein Mercedes-Benz 300 SLR Uhlenhaut Coupé aus dem Jahr 1955 ist am 5. Mai in einer geheimen Auktion in Deutschland für 135 Millionen Euro verkauft worden. Das hat Mercedes-Benz-Chef Ola Källenius bestätigt.Der Verkauf stellt den bisherigen Rekord von 48,4 Millionen US-Dollar, bezahlt im Jahr 2018 für einen 1962er Ferrari 250 GTO bei einer Auktion von… Continue reading German Handelsblatt: 300 SLR Uhlenhaut Coupé: Mercedes classic car breaks Ferrari record with 135 million euros004343

German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004341

Mercedes boss Ola Källenius with the S-Class Anyone who wants to buy a Mercedes in the future will have to pay significantly more for it. (Photo: Bloomberg) Throughout its 135-year history, Mercedes-Benz has always aimed high. But the brand often failed because of its ambitions: whether as an integrated technology group, as a global corporation… Continue reading German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004341

I tested 2022 Lincoln Navigator’s hands-free driving on 2,200-mile trip: How it went

This content is only available to subscribers. $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 Sports+ at no additional… Continue reading I tested 2022 Lincoln Navigator’s hands-free driving on 2,200-mile trip: How it went

Lordstown Motors Stockholders Elect Two New Independent Directors

The Board of Directors has also combined the roles of Chairman of the Board and CEO and current CEO, Daniel A. Ninivaggi, will serve in this capacity, effective following the annual meeting.  David T. Hamamoto, a current independent director and Chairman of the Nominating and Corporate Governance Committee of the Board, will serve as lead… Continue reading Lordstown Motors Stockholders Elect Two New Independent Directors

German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004340

Mercedes boss Ola Källenius with the S-Class Anyone who wants to buy a Mercedes in the future will have to pay significantly more for it. (Photo: Bloomberg) Throughout its 135-year history, Mercedes-Benz has always aimed high. But the brand often failed because of its ambitions: whether as an integrated technology group, as a global corporation… Continue reading German Handelsblatt: Automaker: New luxury strategy: Mercedes cancels three compact cars and increases target margin to 14 percent004340