by Jim Stickford | Feb 26, 2021
When it comes to gas prices at the pump, what goes down will eventually come up. Motorists are paying some of the highest gas prices seen in over a year, according to AAA and GasBuddy.com. With the forced shutdown of Gulf Coast and some Midwest refineries due to...
by Larry Printz | Feb 26, 2021
There are many forgotten automakers, companies that existed for a few years before fizzling out. Truthfully, there were thousands, yet only one, owned and run by Blacks: C.R. Patterson & Sons, which launched its first model, the Patterson-Greenfield, in 1914. It’s...
by Michael Strong | Feb 26, 2021
(This story has been updated with new information.) Just days after it showed the world its all-electric Ioniq brand, Hyundai announced it’s recalling 82,000 electric vehicles around the world with batteries that have caught on fire. The South Korean automaker says...
by David Loji | Feb 26, 2021
At about 2:30 p.m. on Thursday, Feb. 25, a red GTI rolled out of the “Segmento Poniente” assembly line at the VW de México plant in the city of Puebla. This particular unit came equipped with the DSG dual clutch transmission. It was unique – the very last VW Golf made...
by Paul A. Eisenstein | Feb 26, 2021
(This is an update of an earlier story.) Tesla CEO Elon Musk advised workers that the company’s Fremont, California plant will be ramping back up to normal after shutting down early this week due to a shortage of critical microchips. Tesla became the latest in a...
by Joseph Szczesny | Feb 26, 2021
Starting next summer, Land Rover is bringing on new versions of the Defender V8 for the 2022 model year as part of an enhanced Defender 90 and 110 line-up. Earlier this month, Jaguar Land Rover Chief Executive Thierry Bollore said the company’s new “Reimagine”...
by Joseph Szczesny | Feb 26, 2021
A drop in fleet sales appears to have cut total new-vehicle sales by 3.7% in February when adjusted for selling days, analysts claim. Reporting the same numbers without adjusting for the number of selling days translates to a decrease of 11.1% from February 2020....
by Michael Strong | Feb 26, 2021
Recently Lucid Motors became the latest nascent EV maker to get the title of “Tesla’s biggest challenger,” however, Henrik Fisker wants to make it battery electric Battle Royale. Fisker, founder and chief of Fisker Inc., attempted to stake a claim for the title by...
by Paul A. Eisenstein | Feb 25, 2021
EV startup Fisker Inc. plans to partner with Foxconn, the Chinese company best known for producing iPhones, to develop a new battery-electric vehicle targeting “a new segment.” The move follows Fisker’s decision to have Canadian auto supplier Magna International...
by Joseph Szczesny | Feb 25, 2021
Joby Aviation, which plans to make electric flying taxis a reality, is the latest to use a SPAC to secure a listing on the New York Stock Exchange. Reinvent Technology Partners, a special purpose acquisition company, is preparing the NYSE listing for Joby. The Santa...
by Jim Stickford | Feb 24, 2021
Thanks to the introduction of the all-new Ford Explorer King Ranch edition today, one of the industry’s most competitive segments — midsize SUVs — market just got a little testier. Ford basically created the segment with the introduction of the Explorer nearly three...
by Michael Strong | Feb 24, 2021
In the months since his election, President Joe Biden’s explained what he wants to see from the automotive industry in the years ahead. Today he’s signing executive orders to help make some of those things happen. The order addresses some of the supply chain issues...
