Mercedes-Benz Tees up New GLA

Mercedes-Benz Tees up New GLA

Mercedes-Benz is giving its entry-level sport-utility vehicle, the GLA, a makeover that includes the integration of new technology and safety features. The GLA’s new contours, with reduced lines and accentuated planes, convey serene sportiness and modernity, according...
CEO Musk Sees Big Growth Coming Soon for Tesla

CEO Musk Sees Big Growth Coming Soon for Tesla

Despite the tough times the auto industry is currently enduring, Tesla CEO Elon Musk is ready to move ahead, starting with picking a location for a new Gigafactory in the U.S. The location for the new plant, which is expected to be somewhere in the Midwest or...
Tesla Sets New Profit Benchmarks during First Quarter

Tesla Sets New Profit Benchmarks during First Quarter

As other automakers tersely offer up first quarter earnings results that were well below what was predicted even as recently as the end of February, Tesla’s report is sprinkled with optimistic thoughts and positive results — starting with a first-time ever GAAP...
Nissan Officials Predict First Full Year Loss in a Decade

Nissan Officials Predict First Full Year Loss in a Decade

As automakers scramble to try to find ways to stem expected losses due to the impact of the coronavirus pandemic, Nissan officials revealed the company is likely to post its first full-year operating loss in more than a decade. The automaker, which is in the midst of...
BMW May Go for a Plug-In Hybrid With Upcoming X8 M

BMW May Go for a Plug-In Hybrid With Upcoming X8 M

When the new BMW X8 comes to market, likely sometime during the 2023 model year, expect to see it paired, as is typically the case with the Bavarian automaker, with a high-performance variant. And, if reports out of Europe are to be believed, the planned X8 M will be...
GM CEO Mary Barra Earns $21.6M in 2019, Down 1.1 Percent

GM CEO Mary Barra Earns $21.6M in 2019, Down 1.1 Percent

General Motors’ earnings dropped in 2019 and so did those of Chairman and CEO Mary Barra, who saw her total compensation fall 1.1% to $21.6 million. The total value of Barra’s package was revealed in a filing with the Securities and Exchange Commission Monday, ahead...