Stellantis CEO Carlos Tavares once again complained about the electrification costs, describing the issue as the “the gorilla in the room.” According to an Automotive News Europe report, Carlos Tavares says that electrification will increase the total production cost by 40-50%, which is beyond what the company can accept. He already pointed that out in December,
Month: February 2022
BERLIN — Volkswagen will halt production this week at two EV plants in Germany after Russia’s invasion of Ukraine hit deliveries of components. Production of VW, Audi and Cupra compact battery-electric cars built on the VW Group’s MEB platform will be affected. The automaker will halt production at its Zwickau plant from Tuesday to Friday
By Maria Merano Posted on February 27, 2022 A recent report from Germany suggests that Tesla Gigafactory Berlin’s final approval is expected to be released at the end of this week. A grand opening event, complete with the first deliveries of the Made-in-Germany Model Y, is reportedly being prepared as well. The information was recently
Buzz Aldrin is one of only 12 humans to have walked on the moon. These days, getting a vehicle built and delivered in a timely fashion is nearly as impressive a feat. Aldrin, the last surviving member of the Apollo 11 crew, ordered a 2022 Lincoln Nautilus crossover in October from Galpin Lincoln in California.
Last week we got our hands on a Honda e press car and asked our readers to send us any questions they may have about it. We received many interesting questions about the charming but also pricey EV from Japan, so we will try to answer most of them here. Is the Honda e completely
With the Tonale, Alfa Romeo’s first new model since it launched the Stelvio midsize SUV in 2016, the Stellantis subsidiary is joining the compact SUV segment for the first time. In Europe alone, this segment accounts for 2.5 to 3 million sales a year, Alfa CEO Jean-Philippe Imparato said, which is why he believes a
Oklahoma-based Classic Recreations has unveiled some stunning carbon-fiber bodied Mustangs in the recent past, and now it’s giving the Shelby Cobra the same treatment. Called the Diamond Edition in honor of Shelby American’s 60th anniversary, it reproduces the design of Shelby’s CSX Cobra replicas in beautiful carbon fiber. The body shell weighs just 88 pounds
While the internet likes to make jokes about Ford Mustang drivers routinely crashing while leaving car events, the truth is that owners of all kinds of cars do the same thing. Case in point, the driver of this Nissan 350Z. This clip appears to have been filmed somewhere in the U.S. and judging by the
Kiwibot’s semiautonomous sidewalk- delivery robots are set to roll around a lot more college campuses delivering food to students this year. The Miami-based company this month announced new business from Sodexo North America that, combined with existing Sodexo business, will total $20 million this year. Today, Kiwibot has 200 robots delivering Sodexo food on 10
The first time I saw a JackRabbit, I couldn’t help but laugh. For someone that comes from the e-bike world, the proportions are just so funny looking. But the more I’ve thought about it, the more this funny little “micro e-bike” seems like it could solve a lot of problems for urban commuters. The San
An Israeli nanotechnology startup wants to supersize — and smarten — the conventional head-up display. Spectralics, which has drawn interest and investment from Volvo Cars, has developed a hardware development kit for imaging systems, with a novel thin optical film technology as one of its core components. When integrated into a vehicles’ windshield, the film
The original Tesla Roadster is quickly becoming a collector’s item. It’s estimated that, after several fires and accidents, only around 2,000 are still in existence. Given Tesla’s dramatic rise to the top of the automotive industry, prices for its first production car are now soaring. Gruber Motors, an independent service and sales company that specializes in
For luxury-brand dealerships already limited in volume, finding ways to fill emptied lots amid an ongoing chip shortage can require a bit of courage, curiosity and risk. At least that was the case for Alfa Romeo and Maserati of Ontario in California, which, like many U.S. dealerships, has been grappling with lower-than-normal levels of new-vehicle
Honda has set the goal of becoming the first Japanese brand to go fully electric by 2040 but instead of rolling out electric versions of existing models, the automaker kickstarted the new era with a clean-sheet design. The Honda e is more than an urban EV, it is a halo model bringing the brand’s heritage into
PARIS — Stellantis will have to find ways to offset the additional costs of building electric vehicles, CEO Carlos Tavares said, describing it as “the gorilla in the room” that could weigh on profits for at least the next five years. “We can expect electrification to represent an additional total production cost of around 40
The new Ford Ranger Raptor was revealed this week, and it’s even better than we had expected. The high-performance mid-size pickup truck is due on sale in the U.S. in 2023, packing a 10-speed automatic, full-time four-wheel-drive system, and 3.0-liter twin-turbocharged V-6 power. 2022 Morgan Super 3 Also revealed this week was a new three-wheeled
We’ve all seen cars with traffic tickets but there’s a special sort of cringe that happens when we spot a boot on a car. Whoever put it there had to do a lot more than just slip a sheet of paper under your windshield wiper. We’ve found a video that shows one group of folks
Hoping to attract more drivers, Uber Technologies Inc. is testing a new earnings algorithm in 24 U.S. cities, allowing drivers to see pay and destinations before accepting a trip. The algorithm also raises the incentives for drivers to take short rides. The changes, now in pilot programs, mark the most wide-ranging updates to Uber’s driver
By Joey Klender Posted on February 25, 2022 Tesla’s (NASDAQ: TSLA) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock. Daiwa analyst Jairam Nathan said Tesla is “best positioned” to
DETROIT — The recent multibillion-dollar takeovers of Meritor Inc. and Tenneco Inc. came about at the same time for different reasons, but both are likely to have a big impact in metro Detroit where the automotive suppliers have a major presence and long history. Meritor’s pending sale to Cummins Inc. is a $3.7 billion bet
Two groups expanded with fourth-quarter and first-quarter dealership acquisitions, while a father-and-son duo bought a single store in the fourth quarter. Here’s a look at the deals involving domestic and import brands and dealerships in Florida, Texas and Massachusetts. Butler Automotive Group of Macon, Ga., bought a Toyota dealership in Jacksonville, Fla., in late 2021,
On January 12, Secretary of the Interior Deb Haaland announced that the Bureau of Ocean Energy Management (BOEM) would hold an offshore wind energy auction for more than 488,000 acres in the New York Bight. It’s now complete, and the auction achieved $4.37 billion in high bids. It’s a huge leap forward for the fledgling US offshore
Volkswagen Group says the many of the 4,000 cars from its multiple brands aboard the Felicity Ace are a total loss because of a fire on board that forced the crew to abandon the container ship in the Atlantic Ocean last week. “We fear that the fire on the ship has damaged a large number
We spotted the 2023 Kia Telluride, the 2022 Ford Bronco’s nearly sold out and has gained a new option, and we drove the 2021 Porsche Panamera Turbo S. It’s the Week in Reverse, right here at Motor Authority. The 2023 Kia Telluride was spotted undergoing cold weather testing on public roads. The three-row crossover SUV
It’s not unusual to see parking spaces in major cities sell for big numbers, but one in Boston is raising eyebrows as its owner reportedly turned down an offer for $750,000 (£559,211 / €665,715). The eye-popping figure comes from The Wall Street Journal, which noted a couple are selling their 4,000 square foot (371.6 square
Join Automotive News at noon EST Tuesday, March 1 for a live discussion on our LinkedIn and Facebook pages about industry innovation and how to apply for our annual PACE and PACEpilot Awards. For 28 years the Automotive News PACE program has honored superior innovation, technology and business performance among auto suppliers. Executive Editor Jamie
Automotive technology supplier Aptiv shifted high-volume production of parts for vehicles out of Ukraine over the past couple months ahead of possible hostilities, CEO Kevin Clark said. “Over the course of the last couple of months, we actually moved a couple of what I call high runner programs out of the Ukraine … just so
Rivian CEO RJ Scaringe said the EV startup is making progress in the increase of production of electric vehicles at its plant in Normal, Illinois. The executive delivered remarks about the production ramp-up during a Wolfe Research conference on February 24. “We’re absolutely making progress. The plant is starting to ramp nicely.” Rivian started production
By Eric Ralph Posted on February 24, 2022 The FAA says that it will take at least another month to complete a crucial environmental review of orbital Starship launches from SpaceX’s South Texas Starbase facilities. The agency now expects that Starbase’s Programmatic Environmental Assessment (PEA) will be completed no earlier than March 28th, 2022, delaying
Online used-vehicle retailer Carvana, pressed in recent months to expand its vehicle reconditioning capacity, said Thursday it plans to buy the ADESA U.S. physical wholesale auction business from KAR Global Inc. for $2.2 billion in cash. The transaction would “include all auction sales, operations and staff” at ADESA’s 56 vehicle logistics centers in the U.S.
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