by Michael Strong | Sep 29, 2020
General Motors and Nikola Corp. were figuratively all smiles just a few weeks ago, announcing a partnership that would give GM a stake in the nascent EV company, aiding in its development of new technology while helping the electric upstart access to needed production...
by Michael Strong | Sep 29, 2020
Less than a day after Genesis officials in the U.S. talked about plans to double the company’s product portfolio, including adding to SUVs, the company offered an early look at the smaller of the two SUVs: the GV70. Heavily camouflaged in the photos from the luxury...
by Michael Strong | Sep 28, 2020
General Motors keeps growing its production capabilities in Ohio, announcing today it plans to invest $71 million into two Ohio manufacturing facilities. The Detroit-based auto company will pump $39 million at its Toledo transmission plant and $32 million at its...
by Michael Strong | Sep 28, 2020
Former Daimler CEO Dieter Zetsche is bucking decades-old tradition, declining to take on the role of chairman of the company after his retirement as CEO nearly 18 months ago. In the past, the outgoing CEO would assume the role after a two-year hiatus. However,...
by Michael Strong | Sep 25, 2020
BMW just became the latest automaker fined – $18 million – by federal regulators for disclosing “misleading” information about its U.S. sales results. The company and two U.S. subsidiaries reached an agreement U.S. Securities and Exchange Commission to pay the...
by Michael Strong | Sep 25, 2020
Despite the tough times Nissan is facing, the company is still operating business as usual in many respects, including reveal of the Infiniti QX60 Monograph ahead of the Beijing Motor Show. While the QX60 is an actual vehicle, the Monograph is a concept, aimed at...
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 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 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
Mercedes and its performance partner, AMG, keep tweaking the Germany luxury maker’s line-up with a faster, more powerful iteration of the Mercedes-AMG GT for 2021 coming to the U.S. The newest model gets a horsepower boost of 54 ponies for the new model year to 523...
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 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...
