Category: Motorized Vehicle

May 7, 2021

One of Tesla Inc.’s engineers told California authorities that CEO Elon Musk overstated the capability of Autopilot, the company’s driver-assistance system, early this year. The clarification was described in a series of records the California Department of Motor Vehicles released […]

May 6, 2021

Volkswagen AG raised its earnings outlook after a strong start to the year, while cautioning that the semiconductor shortage rippling through the industry will become more pronounced in the second quarter. Operating return on sales is forecast at 5.5% to […]

May 5, 2021

Porsche AG has developed a new production process at its headquarters in Zuffenhausen, Germany in collaboration with Tesa SE. Using this process, the holes in the car body, which are necessary for corrosion prevention, can now be sealed much more […]

May 3, 2021

General Motors has extended downtime at Fairfax Assembly in Kansas through at least July 5 and will curtail production at Lansing Grand River in Michigan beginning next week, the automaker said Monday. Production at Fairfax, which builds the Cadillac XT4 […]

April 29, 2021

The number of electric cars, buses, vans and heavy trucks on roads is expected to hit 145 million by 2030, the International Energy Agency said on Thursday. According to the IEA’s Global Electric Vehicle Outlook, if governments ramp up their […]

April 28, 2021

Toyota Motor Manufacturing Indiana (TMMI) is investing $803 million to add two electric vehicles to its Princeton, IN production line. The project will create approximately 1,400 new jobs by the end of 2023 at the Princeton plant, one of 10 […]

April 27, 2021

Lyft says the deal will save it $100 million a year and allow it to show a profit in Q3. $200 million is being paid up-front with $350 million more to be paid over five years. Toyota’s self-drive research unit […]

April 26, 2021

Just as George Clooney eventually settled down from an active dating life and had a family, so too could James Bond. That’s the underlying concept behind the Aston Martin DBX, a rakish crossover SUV that holds true to the brand’s […]

April 23, 2021

The one constant thing — in any industry — is change. Dealers and other fleet-­servicing shops are coming to terms with the growing shift toward electric fleet vehicles. If enough truck dealerships are slow to adopt, “it may slow down […]

April 22, 2021

LONDON – The global chip shortage is continuing to wreak havoc at some of the world’s biggest carmakers. Britain’s Jaguar Land Rover announced Thursday that it has been forced to stop car production for a “limited period” at its Castle […]