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Musk Reveals James Bond Love with New Cybertruck

Musk Reveals James Bond Love with New Cybertruck

Turns out that Elon Musk is quite the movie buff … and he likes action films. Musk recently unveiled Tesla’s newest vehicle, Cybertruck. The truck features some polarizing exterior styling. The truck, which could be described as wedge shaped, met with a chorus of...
Daimler Plans Major Job Cuts to Offset Coming Expenses

Daimler Plans Major Job Cuts to Offset Coming Expenses

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...
BMW Offers Heaping Helping of Time in Latest Products

BMW Offers Heaping Helping of Time in Latest Products

I love restaurants that feature buffet-style meals, with Ethiopian and Indian buffets my favorites. Some decry the gluttony, as you often eat more than your tummy can hold, but no matter the amount, it sure is good going down. Recently, at the BMW Performance Center...
BMW Unplugs Range-Extending i3Rex

BMW Unplugs Range-Extending i3Rex

BMW is abandoning the range-extending version of its i3 city car, the automaker has confirmed, a senior executive saying the concept “has no future” as the Bavarian automaker prepares to expand its all-electric line-up. First introduced in 2014, the REx version of the...
FCA, PSA Set to Sign Binding Merger Agreement

FCA, PSA Set to Sign Binding Merger Agreement

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...
Post-Thanksgiving Weekend Key to November Sales Results

Post-Thanksgiving Weekend Key to November Sales Results

The final total of new vehicle sales in November could depend on what happens on the days after Thanksgiving. “Black Friday is one of the biggest sales days in retail, and automotive retail is no different,” said Eric Lyman, Chief Industry Analyst for ALG, a...
GM “On Track” to Meet 20 EV Target by 2023

GM “On Track” to Meet 20 EV Target by 2023

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...
Ford Cries Foul on Tesla Cybertruck Tug-of-War With F-150

Ford Cries Foul on Tesla Cybertruck Tug-of-War With F-150

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...
Audi Cutting 9,500 Jobs, Guarantees Future EV Production

Audi Cutting 9,500 Jobs, Guarantees Future EV Production

Audi’s new 10-year labor agreement with two plants in Germany allows the automaker to cut 9,500 jobs during the next five years, with a promise of extending job guarantees and adding 2,000 jobs back as the company expands its production of electric vehicles. The...
Tesla Logs 200,000 Pre-Orders for New Cybertruck

Tesla Logs 200,000 Pre-Orders for New Cybertruck

Tesla Inc. CEO Elon Musk watch shares of the company drop like a stone in trading after he rolled out the uniquely designed Cybertruck last Thursday. Initial reaction to the wedged-shaped truck was not positive; however, ever the salesman, Musk has been hyping the new...