by Joseph Szczesny | Sep 25, 2020
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...
by Michael Strong | Sep 24, 2020
After a difficult first half of 2020 courtesy of the coronavirus pandemic, automakers are expected to report some better sales news when it comes to the third quarter. Edmunds.com analysts are expecting U.S. automakers to report sales of 3,850,707 new cars and trucks,...
by Paul A. Eisenstein | Sep 24, 2020
Come 2035, California motorists will be barred from purchasing new vehicles running on gas or diesel, at least if a new proposal the state announced yesterday survives the likely legal challenges. But the Golden State is by no means the only place where regulators are...
by Michael Strong | Sep 24, 2020
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...
by Joseph Szczesny | Sep 24, 2020
The State of California, in a move that is certain to kick off a major legal, philosophical, economic and political row, plans to ban the sale of motor vehicles that use gasoline or diesel fuel by 2035 as part of its effort to reduce carbon dioxide emissions that...
by Michael Strong | Sep 23, 2020
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...
by Michael Strong | Sep 23, 2020
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....
by Joseph Szczesny | Sep 22, 2020
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...
by Paul A. Eisenstein | Sep 22, 2020
There’s a mounting push, in a number of markets, to reduce sales of vehicles running on gas or diesel, including outright bans in several countries, including the UK, which expects to eliminate sales of internal combustion-powered models entirely by 2040. Now,...
by Michael Strong | Sep 22, 2020
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...
by Michael Strong | Sep 21, 2020
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...
by Paul A. Eisenstein | Sep 21, 2020
Trevor Milton resigned from his role as chairman of Nikola Corp. amidst growing concerns about allegations of fraud by the hydrogen- and battery-truck startup that reportedly have triggered a pair of federal probes. The Nikola founder, whose net worth briefly soared...
