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VinFast has Setback with Investors in SPAC Cashing out Most Shares
Jul 14, 2023 Ξ

VinFast has Setback with Investors in SPAC Cashing out Most Shares

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VinFast, the Vietnamese electric automaker, has encountered a setback with its investors as shareholders of Black Spade Acquisition (BSAQ.A), a special purpose acquisition company (SPAC) planning to merge with VinFast  Full Article »

Automotive

95 U.S. Lawmakers Urge Administration to Finalize Tougher Vehicle Emission Cuts, Automakers Oppose
Jul 13, 2023 Ξ

95 U.S. Lawmakers Urge Administration to Finalize Tougher Vehicle Emission Cuts, Automakers Oppose

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A letter seen by Reuters revealed that a group of 95 U.S. lawmakers is urging the Biden administration to finalize stricter emissions limits than those proposed in April. This move  Full Article »

Automotive

Livestream All the Action at the 2023 Goodwood Festival of Speed
Jul 13, 2023 Ξ

Livestream All the Action at the 2023 Goodwood Festival of Speed

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The Goodwood Festival of Speed is back starting today and lasting through Sunday. The event features a thrilling hill climb and can be watched through a livestream video. Several car  Full Article »

Automotive

Rumor Mill: Toyota Supra Could Get 550 Horsepower as Last Hurrah for ICE
Jul 13, 2023 Ξ

Rumor Mill: Toyota Supra Could Get 550 Horsepower as Last Hurrah for ICE

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Rumor has it that the fifth-generation Toyota Supra is revving up for its grand finale for the Internal Combustion Engine (ICE), and it could be going out in style! Supposedly,  Full Article »

Automotive

Ford Mustang Mach-E Inventory Piling Up on Dealer Lots Reveals EVs Outpacing Demand
Jul 12, 2023 Ξ

Ford Mustang Mach-E Inventory Piling Up on Dealer Lots Reveals EVs Outpacing Demand

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Ford’s electric vehicle (EV) ambitions are surpassing the current demand, as indicated by the company’s sales numbers, EV supply, and dealer sentiment. Ford seems to be facing a challenge of  Full Article »

Automotive

U.S. Regulators to Decide on General Motors Use of Self-Driving Cars
Jul 12, 2023 Ξ

U.S. Regulators to Decide on General Motors Use of Self-Driving Cars

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U.S. regulators are soon to decide on General Motors’ self-driving cars. GM’s Cruise unit has filed a petition seeking approval to deploy up to 2,500 self-driving vehicles annually without human  Full Article »

Automotive

Kia to Invest $200 Million in Georgia Plant to Build Electric EV9 SUV
Jul 12, 2023 Ξ

Kia to Invest $200 Million in Georgia Plant to Build Electric EV9 SUV

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Kia has recently announced its plans to invest $200 million in its Georgia factory, signaling its entry into electric vehicle production. The South Korean automotive company intends to allocate these  Full Article »

Automotive

Tesla: Model 3 Consumer Tax Credits Could be Reduced After 2023
Jul 12, 2023 Ξ

Tesla: Model 3 Consumer Tax Credits Could be Reduced After 2023

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Tesla has recently announced that the federal tax credits available for purchasing their popular Model 3 electric vehicles are expected to be diminished following December 31st. This update was shared  Full Article »

Automotive

Top 10 Best-Selling Electric Vehicles in the First Half of 2023
Jul 12, 2023 Ξ

Top 10 Best-Selling Electric Vehicles in the First Half of 2023

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Carvana, a pioneer in the online used car marketplace, has recently released its list of the top ten best-selling electric vehicles (EVs) for the first half of 2023. The rankings  Full Article »

Automotive

Texas Defers EV Charging Federal Funds Decision Over Plans to Include Tesla Plugs
Jul 12, 2023 Ξ

Texas Defers EV Charging Federal Funds Decision Over Plans to Include Tesla Plugs

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Texas has decided to postpone a vote on the allocation of federal funds for the construction of electric vehicle (EV) charging stations until August 16. This delay comes as some  Full Article »

Automotive

Rumors Circulate That Toyota GR86 Could Get Turbo 3-Cylinder Found in GR Corolla w/300+ Horsepower
Jul 11, 2023 Ξ

Rumors Circulate That Toyota GR86 Could Get Turbo 3-Cylinder Found in GR Corolla w/300+ Horsepower

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According to recent reports from Japan dissected by AutoBlog, the future of the Toyota GR86 and the Subaru BRZ, two popular lightweight sport coupes, may be taking an interesting turn.  Full Article »

Automotive

U.S. EV Market Grows but Struggles with Unsold Inventory Outpacing Demand
Jul 11, 2023 Ξ

U.S. EV Market Grows but Struggles with Unsold Inventory Outpacing Demand

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According to analysts and industry data, the electric vehicle (EV) market in the United States is experiencing growth, but at a slower pace than expected. This has resulted in a  Full Article »

Automotive

Threats of Strike Loom before UAW Negotiations Begin with Automakers
Jul 11, 2023 Ξ

Threats of Strike Loom before UAW Negotiations Begin with Automakers

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The United Auto Workers (UAW) is set to begin contract negotiations with Detroit’s three automakers this week. The talks are expected to be contentious, as the union seeks significant wage  Full Article »


Automotive

346,000 Ford Escape SUVs being Investigated over Potential Door Weld Failure
Jul 11, 2023 Ξ

346,000 Ford Escape SUVs being Investigated over Potential Door Weld Failure

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The National Highway Traffic Safety Administration (NHTSA) is investigating 346,000 Ford Escape sport utility vehicles (SUVs) because a weld in the door assembly may fail. This could potentially result in  Full Article »

Automotive

Mercedes-Benz Sales Increase in Q2 from Top-End & Electric Vehicle Growth
Jul 11, 2023 Ξ

Mercedes-Benz Sales Increase in Q2 from Top-End & Electric Vehicle Growth

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Mercedes-Benz reported today a considerable increase in second quarter sales rising 6% year-on-year with a total of 515,700 vehicles sold. The increase in sales is a result of the high  Full Article »

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