When Volkswagen Group named Scott Keogh CEO of its North American region in 2018, U.S. dealers rejoiced: Not only had he proved himself capable when he was running Audi, but he intimately knew the U.S. market as the first American in the job in 25 years. Their reaction was understandable, not just because of Keogh,
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Volkswagen of America has detailed its U.S.-produced versions of the 2023 ID4 compact crossover, which will come standard with a smaller 62-kilowatt-hour battery pack and start at $38,790, including shipping and excluding any federal or other tax credits. With its smaller battery, the base model rear-wheel-drive crossover will now come with a manufacturer-estimated 208 miles
Suzuki might not be present in the US, but in Europe and Asia it maintains a wide range of products focused on city cars and SUVs. The SX4 S-Cross is an important part of the SUV lineup, so we wanted to test the recently revealed third-generation model to see how much it has improved over
The shortages of computer chips that forced global automakers to scrap production plans for millions of vehicles over the past two years are easing — at a new and permanent cost to the car companies. What had been “war room operations” to manage chip shortages are becoming embedded features of vehicle development, say executives in
After a development period that seemed like forever, the first Rimac Nevera has finally been delivered. The first of the electric hypercars went to none other than 2016 Formula 1 world champion Nico Rosberg. 2023 Ferrari 296 GT3 race car Ferrari revealed the 296 GT3 race car designed to replace the hugely successful 488 GT3
Ford Mustangs and showing off go hand-in-hand, but unfortunately accidents aren’t too far behind. That brings us to this Mustang, which simply wanted to go out to pasture like a proper pony. As you can see in the short clip uploaded to Reddit, our fearless Mustang driver decided to show off while making a left
Robert Brockman, the former CEO of dealership management system giant Reynolds and Reynolds Co. who built a multibillion-dollar fortune as a software entrepreneur before he was indicted in a landmark tax-evasion case, has died. He was 81. Brockman, who was suffering from dementia and undergoing home hospice care, died late Friday, said Kathy Keneally, his
UK new car registrations fell by nine percent last month as supply issues continue to hit the industry hard, according to new figures released this week. Data from the Society of Motor Manufacturers and Traders (SMMT) showed a total of 112,162 new cars hit the road during the month of July. That figure represents a
After losing nearly $1 billion in the first half of 2022, Carvana Co. will do more to cut expenses in the coming months, including possibly further reducing employee counts at the online used-vehicle retailer. That direction from company leaders comes after Carvana already worked on cost-cutting in its second quarter, notably announcing in May that
By Joey Klender Posted on August 5, 2022 Lordstown Motors (NASDAQ: RIDE) reaffirmed its plans to start production of the Endurance all-electric pickup during the third quarter of 2022 while reporting its Earnings for Q2 earlier this week. In the company’s Q2 Shareholder Deck, it listed several outlooks for the future as Lordstown has struggled
Lyft Inc. saw an earnings record and increased revenue in the second quarter amid news that the ride-hailing company laid off approximately 60 employees because of the discontinuation of its first party rental service. The San Francisco-based company said in its second-quarter earnings report Thursday that revenue rose 30 percent to $990.7 million, but income
Tesla CEO Elon Musk told shareholders that the EV maker will have an annual run rate of 2 million vehicles by the end of this year and will continue to build new factories to join the four it currently has in operation. Musk said Tesla could announce a new factory location as soon as this
The Dodge Charger and Challenger replacements will go electric, the 2023 Ford Maverick Tremor debuted, and 2023 marks the end for the Nissan Maxima. It’s the Week in Reverse, right here at Motor Authority. Despite a recent report to the contrary, the Dodge Charger and Challenger replacement will be electric only with no V-8 engine
What kind of car is the 2023 Buick Envision? What does it compare to? The Envision compact crossover SUV has a similar footprint as the Chevy Equinox but is as roomy as the Cadillac XT4 in GM’s crossover family. It competes with premium compact crossovers such as the Volvo XC60, Lincoln Corsair, and Lexus NX.
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Auto supplier Dana Inc. said net income dropped by nearly 85 percent in the second quarter, reflecting lower operating earnings caused by the unfavorable impact of foreign currency values, a spike in costs and supply chain challenges. Dana reported net income of $8 million — a drop of $45 million from a year earlier. The
Tesla (TSLA) announced today that it is moving forward with its 3-for-1 stock split and the stock dividend is coming on August 24. Yesterday, Tesla shareholders voted on a proposed 3-for-1 stock split and approved it with a strong majority (over 815 million shares for and just 9 million shares against). Today, Tesla’s board issued
Tesla CEO Elon Musk told shareholders that the EV maker will have an annual run rate of 2 million vehicles by the end of this year and will continue to build new factories to join the four it currently has in operation. Musk said Tesla could announce a new factory location as soon as this
Tesla showed a teaser photo for its humanoid robot, now known as Tesla Optimus, during its recent shareholders’ meeting, with Elon Musk announcing that the company intends to show a working prototype at the end of next month. The teaser shot shows Optimus’ robotic hands forming a heart shape and we can just about make
Self-driving tech startup Aurora Innovation‘s second-quarter loss widened more than sixfold as it logged a large impairment charge and continued to ramp up spending on autonomous heavy-duty trucks and robotaxis. The Pittsburgh company said its net loss widened to $1.2 billion from $182 million in the same period a year earlier. The loss included a
British electric vehicle start-up Arrival is delaying trials of its bus and car projects to cut costs and focus on the production of its debut van, the Financial Times reported, citing three people familiar with the matter. Arrival has paused its car project but it might be revived once the company has begun producing revenues
BMW has just launched the iX and i4 electric vehicles, as well as an electric version of the current 3-Series exclusively in China, but these will be superseded starting from 2025 by a new generation of BMW electrics based on a platform dubbed the Neue Klasse (German for “New Class”). The Neue Klasse platform is
We have seen plenty of footage showing cars with autonomous tech testing on public roads but the latest video from DeepRoute.ai is quite impressive, highlighting the sophisticated nature of the production-ready Level 4 capable Driver 2.0 system. The driverless prototype was tested in the city of Shenzhen in China under heavy traffic conditions, showing how
Carvana Co. said Thursday it posted a net loss of $439 million in the quarter ending June 30 — a far cry from its landmark $45 million profit one year ago but smaller than its $506 million first-quarter loss. The online used-vehicle retailer, which has been challenged in part by high used-vehicle prices, reported progress
By Johnna Crider Posted on August 4, 2022 A new study shows that only 26% of U.S. households are familiar with EVs but this is about to change. In the recent study by Parks Associates, it was noted that as Tesla became a household name, purchase intention for EVs has gone up 6%. I wrote about
Only three out of seven vehicles earned “good” or “acceptable” ratings in the Insurance Institute for Highway Safety’s most recent side-impact crash evaluation. IIHS gave ratings of “good,” “acceptable,” “marginal” and “poor.” Out of the seven vehicles tested, which IIHS classified as midsize, the Subaru Outback was the only one to receive a “good” rating,
This isn’t the first time we’ve reported that SONDORS is ready to deliver its Metacycle electric motorcycle to pre-order customers. But to be fair, it’s not the first time the Southern California-based company has said it was ready for deliveries. But now with photos of Metacycles purportedly in SONDORS’ domestic logistics facilities, the first bikes
TRAVERSE CITY, Mich. — Advanced driver-assistance systems are commonly seen as the building blocks of fully self-driving vehicles. However, industry executives increasingly consider advanced driver-assist and autonomous capabilities separate systems evolving at different speeds to serve different markets. “They use a lot of the same sensors, but the difference is that on the Level 2
MOSCOW — Russia’s biggest carmaker, AvtoVAZ, which suspended some production due to sanctions and lack of components, is offering workers at its Izhevsk plant a one-off payment of about $3,000 to take voluntary redundancy. AvtoVAZ resumed production of some of its popular Lada models at its main plant in Togliatti in June after partly halting
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