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Reuters Aston Martin has begun legal action against a Swiss dealer, accusing it of withholding customer deposits for its £2.5m Valkyrie sports car. The carmaker says it will no longer work with the dealer, Nebula Project, and will now take deposits directly. Nebula signed a deal in 2016 to help finance the Valkyrie and took
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Volkswagen Group is undergoing the world’s largest industrial overhaul for the electric-vehicle age, plotting half a dozen battery plants just in Europe and retooling assembly lines around the globe. And yet, its CEO sees autonomous-driving technology bringing about an even bigger shift. “This change will transform the industry more than EVs or the electrification does,”
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SHANGHAI — Volkswagen’s ID family – the backbone of its electric-vehicle ambitions – is off to what even company sources call a worryingly slow start in China. Sales in May of two ID4 electric SUV models, launched only two months earlier, came to a mere 1,213 combined. And that was about 200 fewer than in
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What kind of car is the 2022 Kia Telluride? What does it compare to? The 2022 Kia Telluride three-row crossover SUV seats seven or eight, polishes its top trims with luxury touches, and has captured our Best Car To Buy award and others since it was new in 2020. It’s a rival for cars like
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Billy Fuccillo Sr., a longtime New York and Florida auto dealer known for his “It’s huge!” advertising slogan and splashy marketing efforts, has died. Fuccillo, CEO of Fuccillo Automotive Group, died Thursday at his home in Sarasota, Fla., according to his obituary. He was 65. “The entire Fuccillo family mourns the loss of Billy Fuccillo
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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DETROIT — Ford Motor Co. on Monday said it has hired Franck Louis-Victor from French automaker Renault to lead its New Business unit as CEO Jim Farley reshapes his leadership team to carry out his Ford+ growth plan unveiled last month. Louis-Victor, 48, will oversee the company’s autonomous vehicle and mobility services teams as well
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The all-electric car segment is booming in the U.S., according to the latest report on car registration from Experian (via Automotive News). During the first four months (January-April) of this year some 133,509 new BEVs were registered, which is 95% more than a year earlier (about 68,466). The growth of the all-electric segment is three
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BERLIN — Audi will end production of new internal combustion engine models by the end of 2026 and focus solely on full-electric drivetrains, German media reports said. After 2026, the automaker will only develop battery-powered models, according to Automobilwoche, a sister publication of Automotive News Europe, and a report in German newspaper Sueddeutsche Zeitung The
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Velodyne Lidar Inc., a supplier of sensors and self-driving technology, has a few developments underway that it says could transform city infrastructure and the automotive sensor space. The San Jose, Calif., company has been building out its Intelligent Infrastructure Solution, known as IIS, a hardware and software product that combines its lidar sensors with artificial
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DETROIT — The long-simmering rivalry between Detroit’s two largest automakers has sparked an electric vehicle arms race that’s intensifying by the week and converting many Wall Street skeptics into believers. General Motors and Ford Motor Co. have spent much of the past year making one big-ticket EV reveal after another, from the GMC Hummer and
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TOKYO — When the American father-son fix-it team Michael and Peter Taylor landed in Japan in 2019, they thought they were on a rescue mission to save former Nissan Chairman Carlos Ghosn from the clutches of a harsh judicial system and years of almost-certain prison lockup. Nearly two years later, Ghosn is indeed free. But
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FRANKFURT — Porsche is setting up a joint venture with Customcells to produce high-performance batteries that will significantly reduce charging times, the automaker said. The partnership with Customcells, a company in southern Germany specializing in lithium-ion cells, will aim to produce car batteries with higher energy density than prototypes used in Porsche’s current electric cars,
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The 2004 Ford Shelby Cobra concept is headed to auction. The one-off drivable concept car inspired by the legendary Cobra roadster will cross the block at Mecum auction in Monterey, California, scheduled for Aug. 12-14. Codenamed “Daisy,” the Shelby Cobra concept debuted at the 2004 Detroit auto show. Since 2017, it’s been owned by Chris
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