By Joey Klender Posted on September 16, 2020 Tesla (NASDAQ: TSLA) has received a series of increased price targets from Wall Street firms this morning. The price target boosts were both based on the possibilities that could come from Tesla’s upcoming Battery Day event, where the electric automaker will detail its cell production strategy. One
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If you had the money for a brand new Porsche 911, would you consider the 2021 Targa or Targa S? Sure, the new Turbo and Turbo S models offer up hypercar-levels of performance but the Targa is still one heck of a machine. Powered by a twin-turbocharged 3.0-liter flat-six engine, the car is rated at
FRANKFURT — Volkswagen Group named Porsche veteran Klaus Zellmer as the new head of sales and marketing at the automaker’s namesake brand. Zellmer succeeds Jürgen Stackmann, who is leaving the company, VW said in a statement on Tuesday. Zellmer, 53, moves to the new post from his role as head of Porsche North America. Kjell
LOS ANGELES — Mazda North America is promoting the head of its captive ad agency, Brad Audet, to chief marketing officer effective immediately. Audet, leader of Garage Team Mazda since 2013, was interim CMO since March, when Dino Bernacchi left the post. Audet “has successfully guided our marketing operations during this time of unprecedented uncertainty
The Nissan Z car has inspired generations of sports car fans since it was released in 1969. It has been an upstart, a disco-era style statement, an upscale sports car, and a long-in-the-tooth coupe just trying to hold on. All the while, it aimed for driver engagement and a sense of style. The Z Proto
What kind of car is the 2021 Hyundai Venue? What does it compare to? The 2021 Hyundai Venue is a five-passenger hatchback that’s sometimes marketed as a crossover SUV. Without all-wheel drive on its options list, we keep it in the car column, though it’s blessed with the interior space and flexibility of some of
Terrifying security camera footage has captured the moment a pickup truck inexplicably turned into oncoming traffic along a four-lane motorway in Hungary. The incident happened on September 11 and the footage shows the driver of a blue Nissan Navara towing a trailer along an entry road onto the highway. However, rather than merging onto the
General Motors is trying to stop a dealership group in rural Iowa from selling Chevrolets and Cadillacs in the same showroom as Jeeps and Rams, but the group says state law trumps GM’s objections and that separating the store into two again could put one of them out of business. A federal judge last month
TOKYO — Nissan unwrapped a next-generation Z sports car, confirming the rejuvenation of the iconic nameplate with a retro-styled prototype that stays true to the original Z car from a half-century ago but adds plenty of updates for today’s modern driver. Among the throwbacks to the first-generation 240Z, which debuted some five decades ago under
Nope, this isn’t the “Don’t Hit the Dart” Dart, it’s another part of the collection on the Dulcich Dog Farm. You may have seen this stripped hulk of a Mopar lurking in the background of multiple episodes of Roadkill Garage, and now you’ll know the backstory. We’ve provided this free episode on YouTube to give
Porsche has tapped its top global marketing executive to lead its U.S. business. Kjell Gruner, 53, will take over as CEO of Porsche Cars North America effective Nov. 1. Gruner is Porsche’s chief marketing officer and global vice president of marketing. Gruner replaces Klaus Zellmer, 53, who is being elevated to chief sales officer at
Tesla’s stock (TSLA) is rising again today as Goldman Sachs reports that Tesla’s mobile app downloads point to a possible delivery beat in Q3. The end of the quarter is coming and the market is trying to gauge how Tesla’s deliveries are tracking for its goal to deliver 500,000 cars in 2020. Tesla’s stock was
The Dodge Challenger Hellcat is one hell of a performance car, but if you don’t need supercar-levels of power, the SRT 392 Scat Pack Widebody is a very compelling option. Reviewed by TheStraightPipes, the SRT 392 is a car that shouldn’t be underestimated. Sure, it doesn’t have a supercharger but no one really needs 700
PARIS — PSA Group and Fiat Chrysler Automobiles on Monday said they revised the terms of their planned merger, adding PSA would hold onto its stake in parts supplier Faurecia and FCA would cut the cash portion of a 5.5 billion euro ($6.5 billion) special dividend. Once combined, the new company will be called Stellantis.
Far too many crossover SUVs fade into traffic with their cookie cutter-designs. The 2022 Hyundai Tucson won’t be one of them. Hyundai unveiled the 2022 Hyundai Tucson on Monday, and not only does the brand’s global best-seller feature a bold design, but it also gets efficient powertrains, an upscale cabin, and plenty of technology. While
With the 2022 Tucson, Hyundai goes for the styling jugular. The new five-seat compact crossover SUV arrives in the U.S. next year, with the unstated goal of erasing tough rivals from shopping lists through the power of looks alone. Built from dozens of complex origami folds, the Tucson comes to the U.S. in just one
Seat has launched a new work model for its employees that will allow them to achieve the ideal work-life balance. The new initiative is dubbed ‘Smart Work’ and has been agreed to with trade union representatives. It combines in-office presence with remote working and will enable those who join the initiative to work from home
German carmaker Daimler, which owns Mercedes-Benz, has agreed to pay $1.5bn (£1.2bn) to resolve US government claims that it designed its diesel vehicles to cheat air pollution tests. The firm was investigated for installing software to evade emissions laws in 250,000 Mercedes cars and vans. US officials said they hoped the fine would deter future
Facebook Marketplace, a hub where people can buy and sell anything from laptop computers to furniture, is becoming a force in the used-car arena. Dealers are uploading their inventory alongside private sellers on the platform and finding a receptive audience. Digital Air Strike, a digital marketing agency with numerous clients on the 4-year-old platform, can
Hyundai’s next-generation Tucson compact crossover — to be offered in both long and short wheelbases as well as a hybrid and plug-in hybrid — will hit U.S. showrooms in the first half of 2021 for the 2022 model year, after making its sales debut in the home market of South Korea this month. The redesign
While the world is waiting for the premiere of the Volkswagen ID.4, the manufacturer released a new teaser with a camouflaged prototype – this time to highlight the fast charging capability. The ID.4 will be of course be equipped with a fast-charging inlet (different depending on the market – CCS Combo 1 in the North America,
Nikola Corp. issued a lengthier denial of a report last week that claimed the electric truck maker had deceived investors, accusing a short seller of mischaracterizations and distortions. Hindenburg Research, a short seller whose report sent Nikola shares tumbling last week, made false and misleading statements that were designed to manipulate the market, Nikola said
By Joey Klender Posted on September 14, 2020 Nikola Motor has released a lengthy statement responding to a report from Hindenburg Research, which accuses the company of being an “intricate fraud.” In the statement, the automaker states that the report is “false and defamatory.” However, Nikola admitted that its “One” semi-truck was not self-propelled, adding
This is the Mercedes-AMG CLA 45 S, a very fast premium subscompact four-door coupe with a jaw-dropping price tag. Whilethe top-of-the-line S spec isn’t available in the USA, where it’s only offered in the regular 45 variant with an MSRP of $54,800, on the other side of the pond it starts at €64,960 ($77,455) in
PARIS — Chinese renewable energy group Envision is looking to build a battery factory in France to supply the growing electric vehicle market, a French newspaper reported. The company, which has battery production plants in Japan, the United States, Britain and in China, has identified around a dozen potential locations in France for the future
Patience does not appear to be a strong suit of Igor Krezic. The Bosnian man was so eager to get behind the wheel of a Tesla Cybertruck that he had his company build him one out of a Ford F-150 Raptor. The company, Stark Solutions, spent eight months disassembling the Raptor and transforming it into
Bugatti on Wednesday released photos of its hardcore Chiron Pur Sport getting a final shakedown at Italy’s Nardo circuit ahead of the start of production later this year. A more track-focused version of the Chiron, the Pur Sport was unveiled in March, and the push toward production has continued despite the ongoing coronavirus pandemic. Engineers
The United States is filled with all kinds of different car communities that each have their own ways of modifying vehicles. The slab culture from Houston, Texas is one of the most ‘intriguing’. Vehicles from the slab scene are equipped with wire rims that stick out up to a foot from the extremities of the
Project Apollo, Ford Motor Co.’s scramble to pivot from making cars and trucks to manufacturing lifesaving medical equipment during the coronavirus crisis, is the subject of a short documentary from the director of “Friday Night Lights.” In On the Line, a nine-minute film released this month on YouTube, several Ford workers who volunteered to make
TOKYO — Nissan’s indicted former boss Carlos Ghosn has fled, but the American lieutenant he left behind in Japan — Greg Kelly, accused of being his accomplice — finally heads to court in Tokyo this week in a closely watched case that will bring some measure of closure to the corporate saga. Kelly’s financial misconduct
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