China’s NIO Inc. boosted the size of its capital raising by almost 20 percent as investors rush stock sales by EV makers. The U.S.-listed, Shanghai-based firm sold 88.5 million American depositary receipts at $17 apiece, according to an emailed statement Monday. It initially planned to sell only 75 million shares. The some $1.5 billion raised
Month: August 2020
By Joey Klender Posted on August 31, 2020 Tesla’s “Alien Dreadnought” goal for production is being highlighted after the company shared a new video of Giga Shanghai’s Model 3 production lines in China. The video was shared by the company’s official page on Chinese social media outlet Weibo and shows a timelapse of Model 3
Both BMW and Jaguar have long and proud histories of producing some of the industry’s finest sports cars, and the M2 CS and F-Type are among the best. In the most recent review from Lovecars starring Tiff Needell, the M2 CS and the facelifted F-Type go toe-to-toe on a tight and twisty track before heading
BMW will cut hundreds of jobs at its factory in the UK that builds Mini cars due to falling demand. The Mini factory in Oxford, England, will move to a two-shift operation from three shifts in mid-October.The move will lead to the loss of 400 out of the 950 agency staff at the plant, which
Gordon Murray Automotive (GMA) recently unveiled the T50 supercar and, perhaps not surprisingly for the product of the man who designed the McLaren F1 and numerous winning race cars, it’s full of interesting technical details. Jason Fenske at Engineering Explained put together this deep dive, highlighting five elements that distinguish the T50 from other supercars.
The 2021 Toyota Tundra works hard to pull its weight in the full-size pickup class, but despite a muscular V-8 engine it falls behind the Ram 1500 and Ford F-150 in our rankings. It’s light on luxury, lower on towing and hauling ratings, and in gas mileage too. We’d still buy one if we put
The vehicle you’re looking at could be called the Honda Crossurus, or perhaps the Lamborghini Uruscross. Either way, it is a one-off and is certainly a head-turner, albeit for all the wrong reasons. Based on a white Honda Crosstour, it rocks a custom bodykit that consists of pieces of sheet metal that have been riveted
In the beginning, Lindsey Trett had no idea how many customers might want to have their vehicles picked up for service and dropped off when the work was completed. What Trett and her colleagues at Walser Automotive Group in Edina, Minn., did know as the coronavirus began to spread across the country in March was
The COVID-19 pandemic has delayed the pivotal vehicle in McLaren Automotive’s transition to a 100 percent electrified portfolio, but the British exotic automaker’s future product plans are now coming into clearer focus. Last week, McLaren released details of its newest vehicle architecture, which, in a different direction for the brand, has been specifically developed to
As international travel restrictions continue, millions of Brits are jumping in their cars for UK-based staycations this summer – spending a collective £462million on fuel. With the nation preparing for Bank Holiday weekend getaways, research from EDF revealed 77% of holiday-makers will make their staycation journey in a petrol / diesel car – travelling an
NAGOYA, Japan — If things had gone according to plan, a cavalcade of Toyota vehicles would have rumbled into Tokyo this month, heralding the 2020 Summer Olympics and wrapping up an unprecedented seven-year, five-continent endurance drive by the country’s flagship automaker. Instead, the COVID-19 pandemic emerged, forcing the cancellation not only of the Summer Games
Tesla has started pushing a new version of its software update to now visually detect speed limit signs, and more. For a while, there has been speculation about to what degree Tesla was using GPS data versus actual detection of speed limit signs in order to detect speed limits for its Autopilot features. Now this
The new Land Rover Defender poses as one of the market’s most off-road capable vehicles available new, so it’s only natural to see it going against the likes of the Jeep Wrangler and Mercedes G-Class. While the three models don’t necessarily fight for the same target audience, it’s certainly interesting to see how they compare
Volkswagen Group CEO Herbert Diess has encouraged Bill Gates to advise governments on how to lower carbon emissions from transportation and renewed his criticism of Germany’s slow abandonment of coal power. “You thoroughly understand the CO2 logic of the mobility sector. You know what we have to do and you could and should advise governments
Porsche’s second-generation Panamera came in for its mid-cycle update this week, with some new powertrains on the list and the styling and chassis receiving revisions, too. The Panamera is a seriously quick car for its size. In fact, one variant has lapped the Nürburgring faster than a C8 Chevrolet Corvette Stingray. 2023 Porsche 911 GT3
The 2021 Legacy costs just $23,820 in base trim. With its standard all-wheel drive, twin 7.0-inch infotainment and vehicle-function screens, active safety features, and Apple CarPlay and Android Auto compatibility, it’s a great bargain and very well-equipped, without spending a dime more. The Legacy’s warranty and options aren’t anything dramatic, but its larger available infotainment
While this may look like a classic Ford Mustang with somewhat odd proportions, it is actually a Mazda RX-8 that is rocking the body of a ’67 ‘Stang. We recently stumbled across the car after browsing through old listings on the Ontario Auto Classifieds page on Facebook. It appears to have been sold by the
Buick is deepening its partnership with Amazon to attract younger buyers, with voice assistant technology and online shopping. The features are part of the latest phase of Buick’s tie-up with Amazon. The new components include a virtual Amazon showroom and a custom Alexa “utterance,” a phrase that lets people ask about Buick vehicles from any
The coronavirus pandemic dramatically altered the automotive ecosystem this spring as plants shut down, many dealerships temporarily closed their showrooms and the two largest U.S. wholesale auction companies made a near-overnight switch to digital sales. Since the height of the virus crisis in March and April, manufacturing has restarted and dealerships have reopened. But Cox
While we can’t speak for you individually, we can’t get enough of these ‘Teslacam Stories’ from Wham Baam Teslacam, and neither can many of our readers. Why? Because they’re fun to watch, and they remind us of something like America’s Funniest Home Videos. Basically, the YouTube channel requests TeslaCam and Sentry Mode footage from Tesla
The coronavirus pandemic has delayed the U.S. launch of Porsche’s next all-electric model — the Taycan Cross Turismo wagon — to at least the end of the second quarter of 2021, Automotive News has learned. Production was expected to begin in Germany in September, but it has been delayed until April, a source familiar with
By Joey Klender Posted on August 29, 2020 Lucid has released a teaser for its first sedan, the Air, indicating that it may have set a new electric vehicle world record before its highly-anticipated unveiling event on September 9th. Lucid uploaded a video that revealed the Air’s Dream Edition Variant might have set a new
The Porsche 911 Targa has a long and illustrious history and the first reviews of the latest model have started to hit the web. The video reviews you’ll find below come from Autogefühl and MotoManTV and both feature the flagship Targa 4S model, as opposed to the slightly less powerful and cheaper Targa 4. Driving
German supplier Hella is planning a sale of its driver-assistance software unit, people familiar with the matter said. Hella is working with advisers to gauge interest in the business, the people said. It could fetch several hundred million euros, they said, asking not to be identified because the information is private. The unit may attract
We took a spin in the 2021 Polestar 2,; the BMW M3 Touring wagon was teased again; and “The Batman” trailer gave us a better look at the upcoming Batmobile. It’s the Week in Reverse, right here at Motor Authority. We slid behind the wheel of the 2021 Polestar 2 and found it hits squarely
Change may have swept over other crossover SUVs in the form of hybrid powertrains or cutting-edge looks, but the 2021 Subaru Outback is content to stay the same. Why not? It’s a winning formula of wagon room, flat-4 power, and an enviable reputation for safety and durability. With almost no changes to its different versions—Base,
Four U.S. service members have been injured following an incident with Russian forces in northeast Syria. Dramatic footage shared online shows an altercation between U.S. and Russian military vehicles. While it is hard to say what prompted the incident, vehicles from the U.S. and Russia can be seen slamming each other as Russian helicopters hover
Nissan’s decision to kill off its Titan full-size pickup in Canada came as a surprise to its retailers, including the brand’s Canadian dealer advisory board chairman, who happens to be doing brisk business in Titans. The automaker dropped the news during a regularly scheduled Web call with the dealer advisory board this month. “There was
DETROIT — U.S. Attorney Matthew Schneider said he has received no pressure or requests from the White House or Attorney General’s Office to speed up a federal investigation into the UAW before November’s presidential election. Schneider’s office is in the midst of a yearslong corruption probe that has produced 14 convictions, mostly of former UAW
The new Volkswagen ID.3 has set its first range record: The electric car covered the 531km, equal to 330 miles from Zwickau to Schaffhausen (Switzerland) on a single charge. Officially, the model has a range of up to 420km or 260 miles when calculated using the WLTP method. This mark was topped by more than
- 1
- 2
- 3
- …
- 11
- Next Page »