by Michael Strong | Jan 19, 2021
General Motors and its autonomous vehicle subsidiary Cruise are moving into the cloud, specifically the Microsoft cloud, as all three have entered into an agreement designed to accelerate the commercialization of self-driving vehicles. The trio will join forces to...
by Michael Strong | Jan 19, 2021
Time is money and Americans blew through $88 billion last year while spending an average of 99 hours sitting in traffic. This happened despite the fact that U.S. motorists drove 380 billion miles cumulatively through October 2020, which is a drop of 13.9% — due to the...
by Michael Strong | Jan 18, 2021
Not every merger involving an automaker these days involves a blank-check company. The newly minted tie-up between Fiat Chrysler Automobiles N.V. and Peugeot S.A. was finalized over the weekend and the resulting company, Stellantis N.V., is enjoying a warm welcome. At...
by Michael Strong | Jan 18, 2021
The explosion of nascent electric vehicle makers in the last few years has resulted in many of those automakers looking to go public through the use of special purpose acquisition companies with the latest also being the biggest: Lucid Motors. The California-based EV...
by Paul A. Eisenstein | Jan 18, 2021
Newly discovered patent filings by Nissan reveal what appears to be the final design for the eagerly awaited new Nissan Z-Car – and, if there are no major changes in store by the time the production model reaches showrooms, the new sports car will be a virtual clone...
by Paul A. Eisenstein | Jan 18, 2021
If you’re one of the many potential buyers eagerly awaiting the launch of the Volkswagen ID.Buzz, the highly anticipated rebirth of the VW Microbus, expect to wait just a little bit longer. Originally set to reach showrooms sometime in 2022, the German automaker now...
by Joseph Szczesny | Jan 18, 2021
The shift towards electric delivery vans picked up more momentum with the announcement by General Motors that it plans to build EV vans at the CAMI assembly plant in Ingersoll, Ontario. The company plans to spend big money to bring production of its electric light...
by Paul A. Eisenstein | Jan 18, 2021
Honda’s little HR-V crossover is due for a complete makeover for the 2022 model year but, in a surprise announcement, the Japanese automaker said the redesign is taking a different path than expected. The current version of the HR-V is little more than a rebadged...
by Michael Strong | Jan 16, 2021
Chrysler is dead. Perhaps a bit dramatic, but nevertheless, the merger between Fiat Chrysler Automobiles N.V. and Peugeot S.A. became effective today, resulting in Stellantis N.V. Shares of the newly formed Stellantis begin trading on exchanges in France, Italy and...
by Michael Strong | Jan 15, 2021
Toyota Motor agreed to pay the largest civil penalty ever – $180 million – to settle a lawsuit brought by the Department of Justice because the automaker failed to report violations of U.S. emissions regulations for a decade. The Japanese automaker avoided reporting...
by Paul A. Eisenstein | Jan 15, 2021
With an assortment of new models coming, starting with the recently revealed i4 and iX, BMW aims to fully double sales of all-electric models in 2021, the automaker said today. When plug-in and conventional hybrids are factored in, meanwhile, BMW said that it would...
by Paul A. Eisenstein | Jan 15, 2021
General Motors insiders have done little to downplay expectations that some form of electrified Corvette, perhaps even one entirely battery powered, is in the works. But what’s coming could be a bit different than what many have anticipated, following Ford’s lead with...