Under the terms of the Brexit trade deal, it is possible for batteries made in the European Union (EU) to be installed in UK-assembled vehicles for export back to the EU (where most are sold). But industry experts say the economics don’t make sense as the batteries are heavy and hard to transport as they
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Vehicle listings company TrueCar swung to a net profit in the fourth quarter on the sale of its ALG subsidiary to J.D. Power in November. The Santa Monica, Calif., company on Wednesday reported net income of $88 million in the quarter that ended Dec. 31, compared with a net loss of $8.8 million in the
By Eric Ralph Posted on February 24, 2021 CEO Elon Musk says that SpaceX’s thousands of Starlink users could see “much higher download speeds” as the company begins implementing “system upgrades.” Just the latest of the many ways that SpaceX’s first consumer-facing product continues to leapfrog stalwart, monopolistic internet service providers (ISPs) around the world,
There’s something about Teslas that gets people excited. Sure, many have their misgivings, some about the EV trend, others about SUVs in general, but you can never please anyone, can you? As Regular Car Reviews argues in its latest video, the Model Y is just a compact SUV that you could easily mistake for any
Joby Aviation, the 12-year-old electric air taxi startup partnered with Toyota and Uber Technologies, will go public in a $6.6 billion reverse merger with blank check company Reinvent Technology Partners, the companies said. California-based Joby aims to begin a commercial passenger service in 2024, using its electric vertical takeoff and landing (eVTOL) aircraft. Potential air
DETROIT — Ford Motor Co. is expanding its swanky King Ranch trim to the 2021 Explorer in a bid to move the nation’s best-selling large crossover more upscale. Slotting just below the high-end Platinum trim, the Explorer King Ranch will have leather-trimmed seats, wood accents and an optional premium technology package with special seats and
Ford doesn’t make an F-250 Raptor, leaving an opening for the aftermarket. Shelby American already sells upgraded Ford F-150 pickups, but now the company is launching an F-250 Super Duty with enhanced off-road capability. The 2021 Ford Shelby F-250 Super Baja gets a new suspension from Fox, giving it an increased ride height and better
A group of 45 supercars were stopped by police in Hong Kong over the weekend, making for a rather astonishing sight for bystanders. Authorities launched their operation at 7am on Sunday morning and pulled over the vehicles shortly after they were seen driving westbound at high speeds along the Island Eastern Corridor expressway. Police had
More than 1,000 Dodge Chargers have been stolen across southeastern Michigan in the past year, including some thefts from dealership lots, according to a police department in the region. Among the latest to disappear are two 2021 Charger Scat Pack models taken Feb. 2 from LaFontaine Chrysler-Dodge-Jeep-Ram of Saline. Deputy Police Chief Marlene Radzik told
BEIJING — Geely Automobile and sister company Volvo Cars will abandon merger plans but launch a new entity to combine their powertrain operations and expand cooperation on electric vehicles, the companies said on Wednesday. A year ago, the two said they were planning to merge and list in Hong Kong and possibly Stockholm, giving Volvo
WASHINGTON — The U.S. Postal Service said on Tuesday it will award a multibillion-dollar, 10-year contract to Oshkosh Defense to manufacture a new generation of postal delivery vehicles. Under the initial $482 million investment, Oshkosh Defense, a unit of Oshkosh Corp, will finalize the production design, testing and vehicle tooling necessary prior to vehicle production.
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The new Porsche 911 Turbo S has been getting a heap of hype since its launch but as this review from TheSmokingTire reveals, even the standard Turbo is a remarkable performance car, even in Cabriolet form. Powering the new 911 Turbo Cabriolet is a 3.8-liter twin-turbocharged flat-six churning out 572 hp and 553 lb-ft (750
Renault could build cars for Mitsubishi in France under a plan that would see the Japanese automaker reverse its decision to stop selling its vehicles in Europe, the Financial Times reported. Mitsubishi will consider the plan at a board meeting on Thursday, the paper said, citing sources with direct knowledge of the matter. Mitsubishi said
The first battery-electric wagon is coming, and it will be known as the Porsche Taycan Cross Turismo. It launches this summer, Porsche confirmed on Tuesday, and the final testing of prototypes is currently underway. It’s expected to arrive as a 2021 model. The Taycan Cross Turismo is essentially a wagon option for the Taycan sedan,
What kind of vehicle is the 2022 Kia Carnival? What does it compare to? The 2022 Kia Carnival is a minivan formerly known as the Kia Sedona. Twenty years after its U.S. launch, Kia applies the Carnival name used in its South Korean home and most other markets. Seating up to eight passengers, the 2022
NASCAR’s 400-mile race at Kansas Speedway is set to get a new moniker. And that name will be chosen by fans. Currently titled the “Busch Name This Race 400,” the company has paid to be the race’s title sponsor and is asking fans to come up with something to call it. Americans aged 21 and
A Subaru dealership in Wisconsin celebrated the grand opening of its new location last week by taking free portraits of customers with their pets. Bergstrom Subaru of Green Bay, one of Bergstrom Automotive’s 51 locations, invited the public to bring their pets in for a session with a professional photographer. The offer ties in with
Automotive captive lenders are offering assistance to borrowers whose lives were upended by the winter storm that struck Texas last week. Toyota Financial Services and Lexus Financial Services will offer payment extensions and lease deferred-payment options to impacted customers. Consumers are urged to contact the lender to work out details, Toyota said in a release.
Kia Niro EV (e-Niro), one of the popular all-electric mainstream models, was recently tested in the northern Finland (70°N) at temperatures as low as -40°C (which by the way is also -40°F). Will an electric car even start in such temperatures? Well, as it turns out, the extreme cold affects the car noticeably, but will
Lucid Motors Inc. is merging with a blank-check company run by financier Michael Klein that values the combined entity at a pro forma equity value of $24 billion, the biggest in a series of deals involving electric-vehicle startups cashing in on investor appetite for battery-powered cars. The carmaker has shied away from comparisons to market
By Joey Klender Posted on February 22, 2021 Lucid Motors and special purpose acquisition company (SPAC) Churchill Capital have announced that they have come to terms with a definitive merger agreement. Lucid will officially go public after rumors have circulated recently, and the two companies will combine at a transition equity value of $11.75 billion,
It would seem not everyone is over the moon about Polestar’s new limited-run PHEV coupe. The Polestar 1, which will only see 1500 units roll off its Chinese production line, has been received fairly positively by most of the motoring press. The 1 is Polestar’s flagship model. Designed to cement the brand as a legitimate
LONDON — Plans announced by Prime Minister Boris Johnson on Monday to keep car showrooms in England closed to the public during the key selling month of March as part of COVID-19 measures are “deeply disappointing,” a trade industry body said. Johnson earlier set out how the government plans to lift lockdown measures, including the
The Cherokee Nation said it’s time for corporations such as Jeep and sports franchises to retire the use of Native American names and imagery. Jeep has used the Cherokee tag for nearly 50 years, and its Grand Cherokee has been a top seller for the off-road adventure brand. The Cherokee Nation, however, doesn’t think slapping
Buckle up racing fans, “Formula One: Drive to Survive” will soon return to Netflix with fresh episodes. On Friday, Netflix released a trailer for season three of its behind-the-scenes series, “Formula One: Drive to Survive,” and announced it will kick off on March 19. While the first season followed most of the F1 teams, it
A dashcam video shows the moment two vehicles crashed on a snowy Polish highway last month. The clip was filmed from the dashboard of a truck that was traveling in the right lane of a four-lane highway. Patches of snow can be seen on the side of the highway, forcing motorists to drive slower than
The used-vehicle auction business learned one overarching lesson in 2020 — in-person auto auctions are not going away anytime soon. As the COVID-19 pandemic swept the nation, used-car auctions were often forced to change the way business was conducted and, in many states, auctions had to temporarily halt in-person sales. Even as some companies tried
Goodyear Tire & Rubber Co. agreed to buy Cooper Tire & Rubber Co. for about $2.8 billion, strengthening its position as No. 1 in the U.S. market and almost doubling its presence in China, where auto sales are surging again. Cooper shareholders will receive $41.75 a share in cash and 0.907 shares of Goodyear, or
Several public retailers that largely sat on the sidelines during the dealership acquisition action of the past few years say they are getting back in the game. AutoNation Inc., Penske Automotive Group Inc., Group 1 Automotive Inc. and Sonic Automotive Inc. each indicated this month that they again are shopping for franchised dealerships and looking