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GM Loaning Lordstown Buyer $40M to Purchase the Plant

GM Loaning Lordstown Buyer $40M to Purchase the Plant

General Motors’ closure of its Lordstown, Ohio plant met with much criticism, but the company seems to looking to provide a soft landing for the folks who seemed to depend on it financially as the company revealed it’s providing the new owners of the site with a $40...
BMW Launches BEV Production at German Plant

BMW Launches BEV Production at German Plant

BMW Group is making a big investment to build a battery-electric vehicle in one of its flagship assembly plants in Southern Germany that produces some of its most expensive models. The German automaker said it plans to spend around 400 million euros, nearly $445...
Mercedes-Benz Pulling Out of 2020 New York Auto Show

Mercedes-Benz Pulling Out of 2020 New York Auto Show

Mercedes-Benz has been steadily withdrawing from participating in auto shows around the world, the latest being the 2020 New York International Auto Show in April. Now New York joins Detroit and Chicago on the list of major North American shows the German automaker...
Musk Reveals James Bond Love with New Cybertruck

Musk Reveals James Bond Love with New Cybertruck

Turns out that Elon Musk is quite the movie buff … and he likes action films. Musk recently unveiled Tesla’s newest vehicle, Cybertruck. The truck features some polarizing exterior styling. The truck, which could be described as wedge shaped, met with a chorus of...
BMW Unplugs Range-Extending i3Rex

BMW Unplugs Range-Extending i3Rex

BMW is abandoning the range-extending version of its i3 city car, the automaker has confirmed, a senior executive saying the concept “has no future” as the Bavarian automaker prepares to expand its all-electric line-up. First introduced in 2014, the REx version of the...
GM “On Track” to Meet 20 EV Target by 2023

GM “On Track” to Meet 20 EV Target by 2023

General Motors is “on track” to meet its goal of having 20 battery-electric vehicles in production by 2023, a senior executive said, despite the fact that it hasn’t introduced a new BEV since launching the Chevrolet Bolt EV three years ago. Expect to see a flood of...
Ford Cries Foul on Tesla Cybertruck Tug-of-War With F-150

Ford Cries Foul on Tesla Cybertruck Tug-of-War With F-150

If Elon Musk was looking to pick a fight during the introduction of the new Cybertruck by taking some verbal swipes at Ford and showing a Cybertruck beating a Ford F-150 in a tug-of-war, pulling it up hill even, it’s on! Well … kinda, maybe. During the presentation of...