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Industry

Tesla Reports Better Than Expected Earnings on Price Increases; Overall Revenue Down
Tesla Reports Better Than Expected Earnings on Price Increases; Overall Revenue Down

21 Jul 2022, 07:10 UTC · By: Tim McKenzie / "It's embarrassing!" is what Tesla's Elon Musk says about the 30% increase in the sticker price of the long-range Model Y in the U.S. to $65,990 (64,645 euro).

 
'ICE-ing' Them Out. Ford Cuts 8,000 Jobs As It Shifts Focus to EVs
'ICE-ing' Them Out. Ford Cuts 8,000 Jobs As It Shifts Focus to EVs

21 Jul 2022, 00:02 UTC · By: Florin Amariei / The American automaker hinted a couple of times at some problems with their internal combustion engine (ICE) lineup, but this decision is surprising

 
"World's First eVTOL Jet" Is Getting Closer to Landing in Scandinavia and Spain
"World's First eVTOL Jet" Is Getting Closer to Landing in Scandinavia and Spain

20 Jul 2022, 14:00 UTC · By: Cristina Mircea / The developer of the "world's first all-electric vertical take-off and landing jet" is working on developing an eVTOL network in Spain and Scandinavia

 
Aston Martin Repositioning Takes Flight With a New Logo To Broaden Audience
Aston Martin Repositioning Takes Flight With a New Logo To Broaden Audience

20 Jul 2022, 13:23 UTC · By: Tim McKenzie / Just days after announcing that the Saudi Arabian Sovereign Wealth Fund acquired a 17% interest in the company, Aston Martin launches a new branding campaign

 
Cupra Officially Launches in Australia, Opens Showroom in Sydney
Cupra Officially Launches in Australia, Opens Showroom in Sydney

20 Jul 2022, 12:38 UTC · By: Cristian Gnaticov / Cupra will start accepting orders for the Leon, Ateca, and Formentor in Australia toward the end of the year, with deliveries kicking off in early 2023

 
Automakers Are Gearing Up for a Shift in the Industry; Like the Mid '80s Only This Time…
Automakers Are Gearing Up for a Shift in the Industry; Like the Mid '80s Only This Time…

20 Jul 2022, 12:36 UTC · By: Tim McKenzie / Do you remember what gas prices were like from 1980 to 1985 and what they did to the market for new vehicles? The automakers do, but the tables have turned

 
Tesla Fremont Builds Its 2-Millionth Car, Becomes the Largest Car Factory in North America
Tesla Fremont Builds Its 2-Millionth Car, Becomes the Largest Car Factory in North America

20 Jul 2022, 12:18 UTC · By: Cristian Agatie / Elon Musk congratulated Tesla Fremont and Giga Nevada for the 2-millionth car built, an impressive milestone for the EV maker

 
7-Eleven and Pablo Air Open the First Convenience Store Drone Delivery Station in Korea
7-Eleven and Pablo Air Open the First Convenience Store Drone Delivery Station in Korea

20 Jul 2022, 10:09 UTC · By: Cristina Mircea / 7-Eleven and Pablo Air have opened the first convenience store drone delivery station in Korea, serving the customers from the rural resort town of Gapyeon

 
EVs Were the Fastest-Selling Used Cars on the Market in June, Tesla Model Y Took the Crown
EVs Were the Fastest-Selling Used Cars on the Market in June, Tesla Model Y Took the Crown

20 Jul 2022, 09:48 UTC · By: Cristian Agatie / Tesla Model Y tops the ranking of the fastest-selling used vehicles in June with an average time on the market of only 25 days, according to iSeeCars

 
Volkswagen AG Chooses CEO To Lead Scout Brand Revival
Volkswagen AG Chooses CEO To Lead Scout Brand Revival

20 Jul 2022, 09:46 UTC · By: Tim McKenzie / Ever since Volkswagen AG announced the re-emergence of the Scout brand back in May, the industry has been abuzz about who would lead the company

 
Toyota and Partner Carmakers To Produce Electric Vans and Fuel Cell Trucks
Toyota and Partner Carmakers To Produce Electric Vans and Fuel Cell Trucks

20 Jul 2022, 07:24 UTC · By: Tim McKenzie / Toyota announced yesterday a partnership with other Japanese companies to develop and produce small commercial electric vans and fuel cells

 
Porsche CEO Confirms Launch Push-Back for the Macan EV
Porsche CEO Confirms Launch Push-Back for the Macan EV

19 Jul 2022, 22:57 UTC · By: Ancuta Iosub / VW Groups's software subsidiary is far behind schedule with the software development process, causing launch delays for the group's premium brands

 
Archer Chose FACC as a Supplier of Key Fuselage and Wing Elements for Its eVTOL Air Taxi
Archer Chose FACC as a Supplier of Key Fuselage and Wing Elements for Its eVTOL Air Taxi

19 Jul 2022, 18:23 UTC · By: Cristina Mircea / Archer announced that it's teamed up with FACC, with the latter agreeing to supply the key fuselage and wing elements for its production eVTOL aircraft.

 
GM Recalls 680,000 Chevy and GMC SUVs, but It Lacks the Parts To Fix Them
GM Recalls 680,000 Chevy and GMC SUVs, but It Lacks the Parts To Fix Them

19 Jul 2022, 16:33 UTC · By: Cristian Agatie / An earlier recall issued by GM for the 2014-2015 Chevrolet Equinox and GMC Terrain is still in limbo, as the carmaker lacks the parts needed to fix the problem

 
Here's why the Jeep Brand Has a Special Place in the Hearts of Americans
Here's why the Jeep Brand Has a Special Place in the Hearts of Americans

19 Jul 2022, 15:31 UTC · By: Camelia Bistrae / Jeep was born precisely from this principle of "stronger together," supporting the back of the US military in World War II

 
Stellantis Ends Joint Venture With GAC to Close Jeep Factories in the Country
Stellantis Ends Joint Venture With GAC to Close Jeep Factories in the Country

19 Jul 2022, 15:00 UTC · By: Ancuta Iosub / The automaker will continue to operate in China through its dealer network, so it will start importing its electrified Jeep offerings

 
CEO Mary Barra Still Thinks GM Can Beat Tesla, Narrows Down Claim to the U.S. Only
CEO Mary Barra Still Thinks GM Can Beat Tesla, Narrows Down Claim to the U.S. Only

19 Jul 2022, 10:38 UTC · By: Cristian Agatie / GM CEO Mary Barra vowed to surpass Tesla as EV leader by 2025. In an interview with AP, Barra says she still thinks it’s possible but speaks of the U.S. only

 
Mercedes-AMG F1 Team Becomes First Sports Outfit to Invest in Sustainable Aviation Fuel
Mercedes-AMG F1 Team Becomes First Sports Outfit to Invest in Sustainable Aviation Fuel

19 Jul 2022, 07:44 UTC · By: Sergiu Tudose / In a bid to further reduce their CO2 emissions and become SBTi-verified Net Zero by 2030, the Mercedes-AMG F1 Team has invested in Sustainable Aviation Fuel

 
Tesla Sales in Australia Picking Up Steam Despite Still Lacking Charging Infrastructure
Tesla Sales in Australia Picking Up Steam Despite Still Lacking Charging Infrastructure

19 Jul 2022, 11:27 UTC · By: Tim McKenzie / Australia now has 26,500 Tesla electric vehicles on the road and sales could double by the end of the year, according to chairwoman

 
Porsche Plans New Electric Luxury SUV, Aims for Record Revenues for 2022
Porsche Plans New Electric Luxury SUV, Aims for Record Revenues for 2022

18 Jul 2022, 20:16 UTC · By: Ancuta Iosub / Porsche aims for a big push in the luxury segment and for revenues of around $38.55 billion to $39.5 billion for the full year 2022