$13 billion to U.S. production Multinational automaker Stellantis, the parent company behind pivotal American car brands like Chrysler, Dodge, Jeep, and Ram Trucks, announced late on October 14 that it will be making a financial commitment that it touts as the largest in its 100-year history in the United States. The company announced that it […]
A record number of Americans are now behind on their auto payments. Buyers struggle to make their payments while wages stagnate and unemployment rates rise — both factors feeding the cycle of those falling behind. It costs money to be poor, as the saying goes. Of equal concern is the growing number of buyers with […]
Tech giant Xiaomi faced its steepest market decline since April after a fatal Xiaomi SU7 crash in Chengdu, China, exposed critical electric vehicle safety concerns. Xiaomi’s shares tumbled over 5.7%, wiping out billions in market value as investors confronted uncomfortable questions about the company’s rushed entry into automotive manufacturing and the engineering shortcuts to get […]
Global electric vehicle sales reached an all-time high in September, with 2.1 million units delivered worldwide, a 26% increase compared with the same month last year, according to research firm Rho Motion. It’s the first time monthly EV sales have surpassed the two-million mark, underscoring how electric adoption continues to accelerate despite policy uncertainty and shifting incentives. […]
“They just don’t make ’em like they used to.” It’s an expression that is oft overused, but it certainly applies in the case of this 1995 Mercedes-Benz SL72 AMG, currently up for auction on Bring a Trailer. Just 35 of these were built under the guidance of legendary engineer and designer Bruno Sacco, widely regarded […]
Despite having been out of production for almost a decade, the Dodge Dart continues to make headlines, both good and bad. One the one hand, half a dozen new Darts were sold last quarter, but on the other, the National Highway Traffic Safety Administration has now announced a recall for almost 300,000 examples of the […]
Century brand could expand beyond Japan Almost two years ago, Forbes reported that Toyota was planning to position ‘Century’ as an ultra-luxury brand to sit above Lexus, presumably to challenge the likes of Rolls-Royce and Bentley. A Toyota executive who chose to remain anonymous let this plan slip at the time, as there was no […]
Ford hits pause on a major lithium supply deal Ford is scaling back one of its key electric vehicle supply deals as the company rethinks its EV strategy amid slowing demand and tighter margins. The automaker will buy less lithium and delay taking shipments from Liontown Resources, the Australian miner developing the Kathleen Valley project, […]
Four-Door Charger Embraces The Daytona Theme Both Inside and Out Dodge’s decision to spin the Charger EV coupe into a four-door super sedan is nothing short of ballsy, especially in this day and age. But to be fair, from a bean counter standpoint, it’s not that bad a move. Both cars share the same platform, […]
Keep calm and drive a Lincoln If you’re the type of driver who appreciates a quiet, relaxing drive over a face-paced, exhilarating one, you could do worse than go knocking on Lincoln’s door. Ford’s luxury arm remains committed to the old-school idea of luxury, where plush seating and compliant suspensions are more important than ultimate […]
