Month: October 2020

Fisker Inc. said Thursday it completed a deal to go public by merging with a special-purpose acquisition company, with the proceeds funding operations and development of its first electric vehicle through the start of production in late 2022. Shares of the combined company are expected to trade on the New York Stock Exchange starting Friday
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MILAN — Italy’s biggest auto show has been postponed for a second time because of the coronavirus pandemic. The Milano Monza Open-Air Motor Show is now scheduled to take place next spring, with the exact dates yet to be announced. Italian businessman and classic car enthusiast Andrea Levy, the show’s director, said the country’s auto
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Swiss designer Philipp Plein has lost a legal battle against Ferrari and been ordered to pay €300,000 ($352,000) in compensation to the Italian car manufacturer. The case relates to a spring 2018 runway show that Plein held in Milan in June 2017. During this event, Plein featured a host of exotics, including Ferraris, Lamborghinis and
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In an unpredictable year upended by the coronavirus pandemic and the resulting recession, next week’s presidential election should answer at least one question: Who will shape the nation’s policy affecting the auto industry over the next four years? Incumbent Donald Trump and challenger Joe Biden, though starkly different in campaign rhetoric and approach, do converge
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FRANKFURT — Europe will need to produce nearly one-third of the world’s supply of battery cells for electric vehicles by 2030 to maintain competitiveness, German Economy Minister Peter Altmaier said. Analysts say the transition to low- and zero-emissions cars to meet EU targets will require up to 500 gigawatt-hours of cells, the building blocks of
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J.D. Power’s 2020 Q3 Mobility Confidence Index found that North American vehicle owners have not changed their opinions on battery-electric vehicles or self-driving technologies. The study, fueled by SurveyMonkey and released Tuesday, said “consumers remain skeptical because of their lack of firsthand experience with these technologies and lack of education about how and why these
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Even a pandemic can’t stop the Wienermobile. Oscar Mayer briefly sidelined its 300-hp frankfurters in the spring, but the company “decided that being a source of frivolity during trying times is part of its DNA,” The New York Times reported last week. So all six Wienermobiles, most of which ride on a Chevrolet chassis with
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The latest attraction at Yellowstone National Park will have nothing to do with majestic mountains or gushing geysers. Beep, a Florida-based mobility-services operator, says it will deploy two autonomous shuttles at the park starting in May 2021. The pilot program will be operated in conjunction with the National Park Service and help provide transit in
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A probable-cause hearing for Sonic Automotive Inc. CEO David Smith, has been moved to Dec. 1, according to the court in Mecklenburg County, N.C. The hearing delay follows his arrest this month on felony assault by strangulation and other charges. Smith, 46, had been scheduled to appear in district court on Tuesday, but his hearing
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“Korean design.” That phrase wouldn’t have conjured much of a mental picture in Americans a few years ago, but between the architecture and home aesthetics on display in the Oscar-winning movie Parasite and the great automotive design work Peter Schreyer has been overseeing at Hyundai Motor Group, awareness is up and Korean design is officially becoming
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In an era where luxury midsize sedans are hitting the guillotine, Mercedes-Benz and Genesis are doubling down on the segment. Both automakers are bringing the best of their portfolios to make their midsize sedans—the E-Class and G80, respectively—more special. The Mercedes-Benz E-Class, known for its peaceful ride, elegant design, and comfortable cabin, has been a
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The all-new 2021 Toyota Venza has a lot of balls to juggle. It’s the first Toyota SUV to be powered exclusively by a hybrid system, its design has to push the brand in a new direction without being offensive, and it’s being billed as the most luxurious SUV in Toyota’s lineup. So, how well is
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