The rumors were true. BMW is indeed building a 3.0 CSL model as an homage to the original, and it’s set to be unveiled soon. The car was confirmed Monday on Instagram by BMW M CEO Frank van Meel in a post featuring three teaser images. Seen for the first time, the homage is based […]
BMW 3.0 CSL homage teased by M CEO, reportedly to cost almost $800,000 Read More »
Consumers want safeguards at the forefront for vehicles with automated technology such as lane centering, automated lane changing and driver monitoring, new data from the Insurance Institute for Highway Safety shows. “There does seem to be a genuine interest in this technology. But there’s also a bit of healthy skepticism around the general understanding that
Drivers want safeguard implementation alongside partial automation, IIHS survey shows Read More »
Sweden’s Northvolt, whose customers include BMW and Volkswagen Group, is planning to go public within the next two years as battery demand for electric vehicles booms. The company is “well positioned” for an initial public offering, founder and Chairman Carl-Erik Lagercrantz said in an interview. The venture, which has been valued at around $12 billion
BMW, VW backed Northvolt moves forward with $12B battery IPO plan Read More »
CarMax Inc., like other major players in the automotive retail realm, finds itself trying to maneuver through a year hampered so far by sunken buyer confidence. In its fiscal first quarter, CarMax retailed 240,950 vehicles. That’s down 11 percent year over year. Company executives last week attributed the slump to a downturn in consumers’ willingness
CarMax sales fall, but it holds onto per-vehicle profit Read More »
A California man is accused of having stolen two cars from San Francisco Bay Area car dealerships within days of one another using fake IDs to fraudulently apply for loans to purchase the vehicles. Later identified as Philip Cedric Espina, the 24-year-old man is accused of having gone to a dealership in Walnut Creek and
California Man Arrested After Crashing One Of Two BMWs He Allegedly Stole Using Fake ID Read More »
BMW recently revealed previously secret M5 CSL, M6 CSL, and V-8-powered M3 CSL prototypes, but the automaker had one more surprise in store. Feast your eyes on the 2018 BMW M2 CSL prototype that never made it to production. Sporting a carbon-fiber fixed rear wing and a roll cage, the M2 CSL prototype looks a
BMW created a secret 2018 M2 CSL prototype Read More »
TOYOTA CITY, Japan — Imagine zipping down the highway of tomorrow in a self-driving pod car. You’re on a long-haul, cross-country trip; you don’t have time to stop for a restaurant. With the push of a button, the meal is ordered. Before long, a drone catches up to your speeding vehicle. It hovers near a
Supplier Toyota Boshoku sees quadrupling of sales through self-driving pod car interiors Read More »
Dealership technology giant CDK Global is getting out of the cookie business. CDK is closing Fresh Beginnings, a bakery that Hugh Hathcock and his wife, Judy, started in 1985 as a source of gourmet gifts to help his dealership clients build relationships with their customers. CDK acquired the bakery in 2018 when it bought eLead1One,
C is for cookies, but CDK isn’t anymore Read More »
Thieves made off with 13 F-150 Raptors and six Mustangs from Ford Motor Co. assembly plants in the Detroit area this month. A majority of the vehicles were later found damaged. The Raptors — a wider, more off-road-oriented version of Ford’s top-selling F-Series pickup — were worth a total of almost $1 million, The Detroit
Ford F-150 Raptors, Mustangs targeted by thieves at Detroit-area plants Read More »
In the early morning hours of June 12, a group of criminals smashed into a home, took a set of keys, and then used them to drive off in a Rolls-Royce Dawn. Before they could get too far the car simply stopped and, likely unbeknownst to them, it was the owner of the Dawn in
