TuSimple Holdings Inc. on Thursday said it was replacing its CEO in a decision it called part of a “planned executive succession,” but which took Wall Street by surprise and caused its shares to plummet more than 20 percent. The self-driving trucking company said Xiaodi Hou, up until now TuSimple’s chief technology officer, will replace […]
Self-driving truck company TuSimple replaces CEO, shares plummet 20% Read More »
Chinese billionaire Li Shufu is on a fundraising blitz as he pursues ambitious goals for his global automotive empire. Smart car technology company Ecarx Co., whose backers include Li and his Zhejiang Geely Holding Group Co., is considering seeking a U.S. listing via a merger with a blank-check company, according to people with knowledge of
Geely’s Li Shufu in fundraising blitz to expand auto empire Read More »
What kind of car is the 2023 Chevy Blazer? What does it compare to? Setting aside the rough-and-tumble trucky Blazer of the 1990s, the Blazer resurrected in 2019 sports a sharp design in an anodyne class populated by the Ford Edge, GMC Acadia, Honda Passport, and Hyundai Santa Fe. Is the 2023 Chevy Blazer a
2023 Chevrolet Blazer Read More »
Maserati will launch a convertible version of its MC20 flagship later this year. It’s one of two new versions of the supercar coming down the line. The other is an electric version. The battery-powered MC20 won’t be Maserati’s first electric vehicle, though. That honor will go to an electric version of the redesigned GranTurismo. The
2023 Maserati MC20 convertible, 2022 BMW X3 M, Kia EV plans: Car News Headlines Read More »
TOKYO — A Tokyo court has found the former Nissan executive Greg Kelly guilty of playing a role in helping former boss Carlos Ghosn allegedly hide more than $80 million in deferred compensation. But after more than three years of prosecution, Kelly, 65, was given a six-month suspended sentence by chief judge Kenji Shimotsu. The
Ex-Nissan exec Greg Kelly found guilty in Tokyo, but gets suspended sentence Read More »
Ford Mustang drivers have a tendency to crash while showing off, but that’s strangely not the case this time around. As you can see in this video posted to Reddit, the driver of a Mustang decided to kick the rear end out after making a turn at an intersection. Unfortunately, their driving skills left something
Ford Mustang Loses Control And Survives Near Miss, Only To Be Hit With Instant Cop Karma Read More »
Asbury Automotive Group Inc. has sold one of two Lexus dealerships it told Automotive News it would need to divest after 2021 acquisitions pushed its store count for the luxury brand beyond framework limits. Gurley Leep Automotive Family, of Mishawaka, Ind., on Feb. 14 bought Plaza Lexus in Creve Coeur, Mo., west of St. Louis,
Asbury sells Lexus dealership to Gurley Leep Read More »
Polestar has unveiled a convertible sports car concept called the O2, pronounced “oh-too,” just like the like the oxygen molecule. The concept is based on a shortened version of Polestar’s own aluminum bonded platform debuting in the Polestar 5, and with any luck we’ll see it enter production to take on Tesla’s second-generation Roadster. Remember
Polestar O2 concept, Ford Model E, Seinfeld’s Porsche Carrera GT: Today’s Car News Read More »
Ford Motor Co.’s use of Model e as the name of its new electric-vehicle unit comes eight years after dashing Elon Musk’s hopes for a provocatively named lineup of cars from Tesla Inc. “A friend asked me at a party, ‘What are you going to name the third-generation car?’ Well, we have the S and
How Ford won ‘sexy’ back from Musk in tussle over Model e trademark Read More »
WASHINGTON — President Joe Biden, who last year unveiled major climate, energy and transportation plans and touted an electric vehicle future, shifted the focus to addressing a stack of crises during his first State of the Union address. “We meet tonight in an America that has lived through two of the hardest years this nation
Biden’s EV plans, clean-energy agenda among challenges addressed in State of the Union Read More »
