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Musk Settles: Pays SEC $20M, Resigns as Chairman

Musk Settles: Pays SEC $20M, Resigns as Chairman

After an initial round of defiance, Tesla CEO Elon Musk elected to take the path of least resistance with the Securities and Exchange Commission, agreeing to resign as chairman and pay a $20 million fine. Tesla will pay an additional $20 million as part of the deal...
Tony Swan, Dean of Automotive Journalists, Dead at 78

Tony Swan, Dean of Automotive Journalists, Dead at 78

I’d expected to see Tony Swan looking frail and subdued. He had, after all, just gone through the latest in a seemingly endless series of chemotherapy sessions, never mind surgeries. But things were as lively as ever at the Ypsilanti home he shared with wife Mary...
Is Ford Semi Committed? Maker Reveals EV Concept Truck

Is Ford Semi Committed? Maker Reveals EV Concept Truck

Does Tesla have another competitor in the battery-electric semi truck arena? Maybe. Ford Motor Co. took the wraps off an electric semi truck concept called the F-Vision at the IAA Commercial Vehicles expo in Hannover, Germany. The company’s vision is similar in many...
First Drive: 2019 Nissan Altima

First Drive: 2019 Nissan Altima

The sedan is dead. Long live the sedan. Or so goes what currently passes for conventional wisdom, backed by the decision to slash the number of four-door models, indeed, eliminate them entirely at Ford Motor Co. But I have seen the future and it is not an entirely SUV...
Honda Issues Recalls for Rear Cameras and Airbags

Honda Issues Recalls for Rear Cameras and Airbags

Honda issued two recalls one to fix a new problem and a second to resolve an ongoing effort in the biggest recall in history. A malfunctioning rear camera is forcing Honda to recall about 232,000 2018 Accord vehicles and 2019 Insight hybrid cars in the U.S.  The...
Update: Musk Denounces SEC Lawsuit

Update: Musk Denounces SEC Lawsuit

Elon Musk and the Tesla board have fired back at the SEC, denouncing the federal lawsuit that could lead to the ouster of the automaker’s founder and CEO. On Thursday, the Securities and Exchange Commission sued Musk, alleging he made “false and misleading statements”...
BMW Charges Up 2019 i3 With 153-Mile Battery

BMW Charges Up 2019 i3 With 153-Mile Battery

BMW’s little city car, the i3, has won plenty of kudos since it was first launched in the 2014 model-year, but it has also turned off a number of potential buyers who simply can’t get charged up about its limited range. That may change in the coming months, BMW today...
Mercedes-AMG Gives New Hypercar its Official Name

Mercedes-AMG Gives New Hypercar its Official Name

Project One has apparently become reality. Daimler AG is giving an official name to its upcoming hypercar. What was known until now as Project One will simply become the Mercedes-AMG One when it finally goes into production. A near street-ready version of the $2.5...