by Michael Strong | Mar 3, 2021
The former Fiat Chrysler Automobiles N.V. needed a $1.9 billion net profit during its final quarter to turn a net profit for the full year – its last as an independent company. The strong run at the end of the year pushed the company $29 million into the black. It was...
by Joseph Szczesny | Mar 3, 2021
Hyundai Motor Group broke ground in Guangdong Province in China for the company’s first fuel-cell system plant beyond the borders of group’s home base in South Korea as it expands its fuel cell business. The investment in Guangdong advances Hyundai’s global hydrogen...
by Paul A. Eisenstein | Mar 3, 2021
Talk drag racing and you’ll likely to think of flame-spitting funny cars and supercharged muscle cars flying down the quarter-mile. But, if the NHRA has its way, the sport will soon see an “expansion of electric vehicle racing.” Battery technology is expected to...
by Larry Printz | Mar 2, 2021
If California never existed, and you had to create the ultimate Californian, he would be Bruce Meyers: surfer, artist, war hero, boatbuilder, Baja racer, and creator of the Meyers Manx, aka the fiberglass dune buggy. Meyers died of myelodysplastic syndrome, a blood...
by Joseph Szczesny | Mar 2, 2021
Given the power failures in the huge Texas market and the cold, snowy weather in the Northeast sales of new vehicles held up well in February, according to the handful of carmakers reporting sales figures for the month, albeit they were down compared with year-ago...
by Paul A. Eisenstein | Mar 2, 2021
Volvo is plugging into the battery-car market in a big way, and it takes its next step in the process of eliminating all forms of gas and diesel power with the launch of its second EV, the C40 Recharge. The coupe-crossover styling of the C40 is “lower and sleeker”...
by Paul A. Eisenstein | Mar 2, 2021
Volvo introduced its second all-electric model, the C40 Recharge, on Tuesday, the next step in a plan to go 100% electric by 2030. The Swedish-based manufacturer has been migrating to battery power in recent years and, by 2025, plans to offer only battery-electric...
by Paul A. Eisenstein | Mar 1, 2021
ChargePoint today became the world’s first publicly traded EV charging company, CEO Pasquale Romano marking the occasion by ringing the opening bell on the New York Stock Exchange. The 13-year-old ChargePoint was the latest to take advantage of a so-called reverse...
by Jim Stickford | Mar 1, 2021
With spring right around the corner and people ready to get out and about, Jeep released the pricing of the all-new 2021 Jeep Grand Cherokee L line-up. “For 80 years, the Jeep brand has consistently introduced exceptional vehicles that set the benchmark for capability...
by Larry Printz | Mar 1, 2021
Volkswagen plans call for the introduction of autonomous vehicles by 2025. The company is currently developing self-driving systems produced by Argo AI for a version of the future ID.Buzz for ride-hailing and carpooling. The automaker expects to reveal the...
by Joseph Szczesny | Mar 1, 2021
Representatives of FCA US L.L.C., Stellantis’ legal entity in the U.S. and one of Detroit’s three automobile manufacturers, stood in open court pleaded guilty to conspiring to violate the federal Taft-Hartley Act, by making illegal payments to officers of the United...
by Paul A. Eisenstein | Mar 1, 2021
The Toyota Yaris hybrid was named Car of the Year during a virtual presentation of the Geneva International Motor Show on Monday. But the victory was a narrow one, the 59 members of the CoTY jury also giving strong support to the new, all-electric Fiat 500 and two...