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Toyota Preparing to Invest $398M in Texas Truck Plant

Toyota Preparing to Invest $398M in Texas Truck Plant

Just a few days after it was revealed that Toyota Motor Corp. would convert its $1.6 billion Alabama plant to SUV production from car production, the company is reportedly planning to spend as much as $398 million to optimize its San Antonio truck plant. The plant,...
FCA Spending $788M to Build 500 BEV in Italy

FCA Spending $788M to Build 500 BEV in Italy

Fiat Chrysler had planned to leverage its new partner, Renault, to bring its electric vehicle program up to speed; however, with that deal basically dead, it plans to invest nearly $800 million in a battery-electric Fiat 500. Pietro Gorlier, chief operating officer...
Tesla Makes Model 3 Compatible with Third-Party Chargers

Tesla Makes Model 3 Compatible with Third-Party Chargers

Tesla Model 3 owners now have a choice, at least when it comes to charging their vehicles. After making its mainstream vehicle only chargeable using the company’s Supercharging network, Tesla’s allowing Model 3 owners to also use CHAdeMO adapters too. However, the...
Hyundai Catering to Low-Price New Car Buyers with Venue

Hyundai Catering to Low-Price New Car Buyers with Venue

With the average transaction price for new cars approaching $40,000, a lot of consumers who once considered a new vehicle have wound up looking for a used car. However, the growing demand for used vehicles also creates an opportunity for company’s willing to price new...
McLaren Offers “Tamer” GT Model as Competitor to SUVs

McLaren Offers “Tamer” GT Model as Competitor to SUVs

A McLaren for soccer moms? Perhaps a bit of an exaggeration, but the British super car company has been watching some of its competitors roll out sport-utility vehicles to enthusiastic buyers — and profits. The company has responded with the new McLaren GT, a touring...