Tag: industry news
Chrysler says goodbye to 300 sedan after revealing limited edition model
Chrysler has announced the end of its once-popular 300 sedan. Tuesday, at the Detroit Auto Show, the company unveiled a limited-edition performance version of...
Stellantis will buy back $920 million worth of shares from General...
In a recently released statement, Stellantis announced it would buy back more than 69.1 million common shares from General Motors. The shares are worth...
Lower energy prices a bright spot in August CPI data, inflation...
The Bureau of Labor Statistics released the monthly consumer price index on Tuesday and revealed that inflation increased again in August.
Economists predicted a decrease...
Tesla exec. talks vehicle affordability, production costs, and robotaxis at conference
At the Goldman Sachs Communacopia & Technology Conference, Tesla executive Martin Viecha recently gave investors an overview of the company's next five years. He...
GM’s robotaxi service Cruise plans expansion to Phoenix and Austin
At the Goldman Sachs Communacopia & Technology Conference on Monday, Cruise CEO Kyle Vogt announced that the company would expand its autonomous taxi network...
BMW adopts new battery cell format for next class of electric...
BMW has announced plans to switch from prismatic cells to cylindrical lithium-ion battery cells for its upcoming generation of EVs, including the next-generation Neue...
Average new car prices increase again in August, setting new record
Kelley Blue Book released updated data on Monday, showing that new car prices increased in August for the fifth month and set another record...
The 2023 Lincoln Corsair crossover debuts with hands-free driving tech
Visitors to the Detroit Auto Show this week will get the chance to see the updated version of Ford Motor Company’s 2023 Lincoln Corsair....
Tesla pivots ‘untrained’ service workers over to sales for Q3 push
Tesla is moving employees around again and transferring service workers back to the sales department to facilitate an end-of-quarter sales push.
Last year, sources reported...
Experts say California’s timeline to phase out gas cars is ‘not...
Experts aren’t so sure that California’s plan to phase out gas-powered vehicles by 2035 is achievable and have signaled that the transition to EVs...
