Volkswagen Suffers Q2 Loss; Board Publicly Backs Diess

Volkswagen Suffers Q2 Loss; Board Publicly Backs Diess

Volkswagen is the latest automaker reporting negative second quarter results, largely stemming from the impact of the COVID-19 pandemic around the world. The company posted an adjusted operating loss of 1.7 billion euros, or $2 billion, for the period, which is down...
GM Moves Ahead With Battery Plant

GM Moves Ahead With Battery Plant

The construction of the new battery plant near Lordstown, Ohio is one of the main pillars of General Motors’ electric vehicle strategy took another step forward with the first pieces of steel being raised. GM chairman Mary Barra said steel construction at the all-new...
Miami Biz Owner Scams SBA to Get a Lamborghini Huracan Evo

Miami Biz Owner Scams SBA to Get a Lamborghini Huracan Evo

Automakers and suppliers have been suffering financially during the pandemic, and the federal government has provided assistance for small businesses with the Small Business Administration’s Payroll Protection Program. The PPP, as it’s known, allows businesses to get...
GM Confirms Hummer Debut “This Fall”

GM Confirms Hummer Debut “This Fall”

General Motors will officially unveil the new, all-electric GMC Hummer “later this fall,” the automaker announced Wednesday. Plans for the “world’s first super truck,” as CEO Mary Barra described it, were teased during a high-profile Super Bowl...
U.S. New Vehicle Sales Drifting Downward in July

U.S. New Vehicle Sales Drifting Downward in July

July sales are expected to look weak when the numbers are posted next week as sales continue to drift sideways as the pandemic keeps a tight grip on the U.S. economy. Cox Senior Economist Charlie Chesbrough is calling for July auto sales volume to be down 19% versus...
First Drive: 2021 Lexus LC 500 Convertible

First Drive: 2021 Lexus LC 500 Convertible

Hard to imagine but the Lexus brand has now been around for more than 30 years and has proved that the Japanese can go head-to-head with anyone when it comes to delivering the sort of features luxury buyers expect. That said, while Lexus vehicles are reliable, quiet,...
A Week With: 2020 Mazda3 Hatchback AWD

A Week With: 2020 Mazda3 Hatchback AWD

Off-road vehicles are invariably celebrated particularly if they genuinely are capable of traveling over rough terrain. Vehicles that spend their or 99.9% of it on pavement don’t seem to get any special notice unless the pavement is a racetrack of some kind....