Tesla Stock Craters Overnight, Rebound Uncertain

Tesla Stock Craters Overnight, Rebound Uncertain

After suffering its worst day ever on the stock market, the Tesla faithful appear poised to try and help the company’s share price begin it a new climb. The company, which split its stock 5-for-1 on Aug. 31, has seen its stock price fall steadily since hitting a high...
High-Flying Tesla Stock Could Be “House of Cards”

High-Flying Tesla Stock Could Be “House of Cards”

(This story has been updated with new information.) Is Wall Street losing its lust for Tesla? The California EV maker’s stock has been one of the market’s big stories during this year of pandemic, shares surging as much as tenfold during its 52-week high in August....
Former Ferrari Executive Nabbed by IRS in Kickback Scheme

Former Ferrari Executive Nabbed by IRS in Kickback Scheme

The former chief executive officer of a New Jersey-based importer of Ferraris has admitted that he failed to report income to the IRS he collected kickback scheme steering limited edition “supercars” worth $1.4 million to select customers. Maurizio Parlato, 58, of...
General Motors, Honda Strengthen Existing Partnership

General Motors, Honda Strengthen Existing Partnership

General Motors and Honda are taking their relationship to the next level — in North America, at least. The two automakers have been working together on several fronts for some time now, an under the terms of a new memorandum of understanding, they’ll seek to pair up...
Jeep Rolls Out New Grand Wagoneer Concept

Jeep Rolls Out New Grand Wagoneer Concept

It’s been a long time in coming. Jeep has spent years hinting of plans to bring back its one-time flagship, the Grand Wagoneer. It came close, early in the new millennium, with the poorly received Commander. But now, it’s finally ready to deliver the big, high-line...
Jeep Electrifies With New Wrangler 4xe

Jeep Electrifies With New Wrangler 4xe

Fiat Chrysler has been slow to join the push to battery propulsion but it is now racing to catch up with plans to have “more than” 30 hybrids, plug-ins and all-electric models in its line-up during the next few years. Leading the charge is the Jeep brand which...
First Look: 2021 Rolls-Royce Ghost

First Look: 2021 Rolls-Royce Ghost

While that classic behemoth, the Phantom, might be the “saloon car” that most of the world thinks of when you mention Rolls-Royce, the reality is that the brand’s heart, these days, comes in the form of the smaller, more nimble and more affordable Ghost – affordable,...
Nissan Keeps Up with Slow Tease of Next-Gen Z Car

Nissan Keeps Up with Slow Tease of Next-Gen Z Car

Plenty of automakers seem to be banking on the appeal of past nameplates, generating a bunch of buzz by bringing back dead or expected-to-be-dead models to grab some attention in addition to some sales with Nissan being the latest. The Japanese brand woke up the hype...
Toyota Aims for the Moon

Toyota Aims for the Moon

(Editor’s Note: The original version of this story contained quotes and other information from news sources without appropriate attribution to the original story. It is not our policy to use such information without attributing it to the appropriate source. We...
Porsche Panamera Get Updated for 2021

Porsche Panamera Get Updated for 2021

When the 2021 Porsche Panamera reaches the United States early next year, it will have key improvements to the interior, powertrains, including a new plug-in hybrid, and new exterior styling cues. Porsche also is offer additional powertrain options, featuring changes...