Automakers Expected to Report Strong September Sales

Automakers Expected to Report Strong September Sales

Sales of new cars and light trucks continue maintain an upward trajectory on a month-over-month basis in September in the face of the pandemic and an increasingly sluggish economy. However, Bank of America analysts estimated that U.S. light vehicle sales in September...
ChargePoint Latest EV Company to Go Public in $2.4B Deal

ChargePoint Latest EV Company to Go Public in $2.4B Deal

The frenzy of electric vehicle companies going public has expanded to include related enterprises, namely ChargePoint Inc., which is going public in a $2.4 billion deal. ChargePoint, which operates a massive electric vehicle charging network, said Thursday it will...
No Battery Day Afterglow for Tesla as Stock Price Falls

No Battery Day Afterglow for Tesla as Stock Price Falls

Tesla’s long-awaited Battery Day gave attendees and watchers plenty to talk about, but if the company’s day-after stock performance is any indication, the discussions aren’t positive. The EV maker’s stock dropped 20 points in overnight trading, opening Wednesday...
Tesla’s New Model S Plaid May Make You See Green

Tesla’s New Model S Plaid May Make You See Green

Tesla Inc.’s long-awaited Battery Day was supposed to unveil some stunning news, and it did, but not necessarily about the company’s battery technologies. Instead it’s product news that nearly stole headlines, starting with the company’s new Model S offering: Plaid....
Ford, Unifor Reach Agreement on Tentative Labor Pact

Ford, Unifor Reach Agreement on Tentative Labor Pact

Ford Motor Co. and Unifor, the Canadian union representing some 6,200 blue-collar auto workers at the company’s plants in Ontario, have fashioned a new tentative labor contract. Jerry Dias, Unifor president, in a press conference carried on Facebook, said details of...
Tesla Speaking Truth about its Power at Battery Day

Tesla Speaking Truth about its Power at Battery Day

After months of hype, Tesla’s long-awaited Battery Day is finally here; however, regardless of what’s unveiled or hinted at during the event, CEO Elon Musk has already warned it won’t show up in a vehicle until 2022. Musk, who seemingly decided to have Battery Day...
Detroit Auto Show Organizers Moving NAIAS Again: Fall 2021

Detroit Auto Show Organizers Moving NAIAS Again: Fall 2021

The North American International Auto Show for 2021 is moving from its projected June date to now late September in what organizers are calling a “reimagined indoor and outdoor show.” Public days for the show will now be Sept. 28 – Oct. 9, 2021 with the media preview...