by Joseph Szczesny | Dec 3, 2019
This story contains updated results from later in the day. Consumers seem to have figured out automakers are prepared to offer their best deals during the industry’s year-end marketing push, which now begins before the Thanksgiving holidays as manufacturers reporting...
by Paul A. Eisenstein | Dec 3, 2019
With the world’s most aggressive EV mandates in place, China has become the largest market for plug-based vehicles, and demand could ramp up even more rapidly if government regulators follow through on a proposal that would call for 25% of the new vehicles sold there...
by Paul A. Eisenstein | Dec 3, 2019
Tesla CEO Elon Musk has a fondness for tweeting, even though it has caused him some serious problems – including the court case beginning this week about his use of the term, “pedo guy,” to describe a British diver who helped rescue members of a youth soccer team...
by Joseph Szczesny | Dec 3, 2019
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...
by Michael Strong | Dec 2, 2019
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...
by Paul A. Eisenstein | Dec 2, 2019
Volkswagen’s menacing ID.R racer has set five records in four countries, on three continents, everywhere from Pike’s Peak to the Nurburgring, as well as the annual Goodwood Festival of Speed – so it came as no surprise when it was named the “Electric Race Car of the...
by Joseph Szczesny | Dec 2, 2019
Daimler AG, parent company of Mercedes-Benz, plans to eliminate 10,000 jobs during the next three years as the company restructures to prepare for an electric future and a smaller earnings. The cuts and the restructuring have taken on new urgency as Daimler has been...
by Joseph Szczesny | Nov 30, 2019
The United Auto Workers has reached a tentative agreement on a new labor pact with Fiat Chrysler Automobiles N.V., completing what has been a difficult round of negotiations that took nearly five months to complete amid a scandal that claimed more than a dozen UAW...
by Joseph Szczesny | Nov 29, 2019
Gary Jones, former United Auto Workers president, has given up his membership in the UAW, avoiding an internal union trial on embezzlement that could have stripped him of his union membership. The UAW announced that Jones has sent the resignation of his membership in...
by Paul A. Eisenstein | Nov 27, 2019
Fiat Chrysler and PSA Peugeot Citroen plan to sign a binding merger agreement in the coming weeks, according to communications each company sent to its employees. The move would lock down the deal the two carmakers reached last month and further downplays concerns...
by Paul A. Eisenstein | Nov 26, 2019
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...
by Michael Strong | Nov 26, 2019
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...
