Volkswagen Group said on Thursday its preliminary first-quarter operating return on sales jumped to 13.5 percent from 7.7 percent in the same period of 2021, but the impact of the war in Ukraine and supply chain bottlenecks was still uncertain. “The effects of the further course of the Ukraine war still cannot be predicted with […]
VW first-quarter profits rise Read More »
Vietnamese electric automaker VinFast set pricing for a battery-lease program and introduced a partnership with Electrify America for fast-charging on its national network. VinFast, which started making gasoline cars in 2019 and delivered its first EV last year, is showing three electric crossovers at the New York auto show. The automaker is targeting initial sales
EV maker VinFast sets battery-lease pricing in U.S. Read More »
The driver of a white Tesla Model 3 had a very close call last weekend after coming within feet of driving into the Dana Point Harbor in Orange County, California. The Orange County Sheriff’s Department stated on social media that the driver of the Model 3 accidentally accelerated rather than applying the brakes when parking
The Ford GT is almost at the end of the road, at least for this generation, but before it bows out we’ll see a few more special editions. Hot on the heels of the GT Alan Mann Heritage Edition unveiled during February’s 2022 Chicago Auto Show comes another Heritage Edition, this one honoring Holman-Moody. The
2022 Ford GT Holman-Moody Heritage Edition revealed at New York auto show Read More »
A pair of damaged 2022 Chevrolet Corvette Stingray models have hit Copart and unless someone is willing to repair them, they may never hit the road again. The first of the pair is a flagship 3LT variant finished in Caffeine Metallic, a new color that Chevrolet introduced for the 2022 model year. The car is
Well, That Was Fast; These Two 2022 Corvette C8s Were Ruined In Under 510 Miles Read More »
Stellantis CEO Carlos Tavares on Wednesday took a bullish stance on the U.S. market despite rising fears of a downturn. Speaking at the automaker’s annual shareholders’ meeting, Tavares said Stellantis was confirming its forecast for double-digit operating income margin this year, and added that expected sales in North America, especially in its highly profitable U.S.
Stellantis expects sales growth, confirms margin forecast Read More »
DETROIT — Ford Motor Co. will launch its F-150 Lightning electric pickup April 26, CEO Jim Farley said Wednesday on Twitter. The automaker plans an event that day at the Rouge Electric Vehicle Center in Michigan to celebrate the official start of production and first customer deliveries, which are expected soon afterward. “We will be
Ford F-150 Lightning EV to launch April 26 Read More »
What kind of vehicle is the 2023 Kia Niro? What does it compare to? The redesigned 2023 Kia Niro is a hatchback marketed as a small crossover that seats five in a pinch. Sold as a hybrid, plug-in hybrid, or battery electric vehicle, the Niro offers an efficient powertrain for customers all along the green
2023 Kia Niro preview Read More »
What kind of vehicle is the 2023 Hyundai Palisade? What does it compare to? Hyundai’s largest vehicle, the 2023 Palisade gets its first major update since its winning launch into the three-row SUV segment in 2020. It competes against the Kia Telluride, Honda Pilot, Toyota Highlander, Ford Explorer and many, many other three-row family vehicles,
2023 Hyundai Palisade preview Read More »
The Nasdaq Stock Market has notified Electric Last Mile Solutions Inc. that the EV startup has fallen out of compliance with its listing rules, signaling more trouble for the struggling company. The notice was issued to Electric Last Mile, which trades under the ticker ELMS, after it failed to file required periodic reports with the
Startup EV maker Electric Last Mile notified of listing noncompliance by Nasdaq Read More »
