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Alfa Romeo Claims Stelvio Quadrifoglio Fastest Sport-Ute

Alfa Romeo Claims Stelvio Quadrifoglio Fastest Sport-Ute

Fiat Chrysler produces the fastest sport-utility on the planet, the question is how do you quantify fastest? Earlier this year, the company rolled out the 707-horsepower Jeep Grand Cherokee Trackhawk. Using the same 6.2-liter supercharged V8 powerplant as the newly...
GM Launches 1.0-T Engine in China

GM Launches 1.0-T Engine in China

As the Chinese government puts pressure on for carmakers to build more electric vehicles, General Motors is putting its new-generation ECOTEC 1.0-T and 1.3-T dual injection engines into service in China. The turbocharged engines were developed as part of a global...
Traffic Jams to Cost NYC More Than $90B by 2026

Traffic Jams to Cost NYC More Than $90B by 2026

Not only do traffic jams cause tension, anger and even road rage, they also cost money — billions of dollars annually, according to a new study. Earlier this year, Inrix calculated that congestion costs U.S. drivers an average of $1,400 per driver each year. That was...
AutoGravity Expands its Reach in Auto Financing World

AutoGravity Expands its Reach in Auto Financing World

AutoGravity, a car shopping and financing smart phone app, has lined up more than $1 billion in financing for new and used vehicles for its overwhelmingly youthful users as it expands its presence in automotive finance. Launched two years ago, AutoGravity now has the...
Toyota, Mazda, Denso Join Forces for EV Development

Toyota, Mazda, Denso Join Forces for EV Development

Toyota Motor Corp is setting up a new venture with Mazda Motor Corp. and Denso to develop electric vehicle technology for what has become a worldwide race to develop electric vehicles to meet demands for cleaner air. Toyota is putting up 90% of the capital for the new...
Domestic Automakers Falling Behind Foreign Competition

Domestic Automakers Falling Behind Foreign Competition

For the first time ever, Big Three auto production will be surpassed by foreign makers and Tesla in the U.S. this year. According to IHS Markit, the domestic automakers will produce 8.6 million vehicles in 2017 while the other companies will combine to edge out the...
Jaguar Land Rover Shopping for Another Brand?

Jaguar Land Rover Shopping for Another Brand?

Jaguar Land Rover officials are reportedly considering acquiring another luxury brand to diversify the Tata-owned company’s portfolio. Bloomberg News reported that officials have as much as $6.1 billion in cash and equivalents, as well as the support of Tata...