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Automotive

Tesla’s Use of Forced Arbitration Clauses Questioned by Several U.S. Senators
May 8, 2023 Ξ

Tesla’s Use of Forced Arbitration Clauses Questioned by Several U.S. Senators

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Seven US senators have raised concerns about Tesla’s use of forced arbitration clauses in their contracts with customers. These clauses require customers to resolve any disputes through binding arbitration rather  Full Article »

Automotive

Global EV Market Battle Heats Up as China’s EV SUV Market Expands
May 8, 2023 Ξ

Global EV Market Battle Heats Up as China’s EV SUV Market Expands

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As the world’s largest automotive market, China has become a key battleground for automakers looking to establish a foothold in the electric vehicle (EV) market, and their love for SUV’s  Full Article »

Automotive

Toyota ‘Fully committed’ to Producing Electric Vehicles, says White House
May 8, 2023 Ξ

Toyota ‘Fully committed’ to Producing Electric Vehicles, says White House

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Recently, the White House has praised Toyota for its commitment to electrifying its auto fleet. According to a statement from the White House, Toyota is “fully committed” to electrifying their  Full Article »

Automotive

Stellantis Q1 Revenue Up 14% But Has Cautious Outlook
May 3, 2023 Ξ

Stellantis Q1 Revenue Up 14% But Has Cautious Outlook

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Stellantis, the global automotive company formed through the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, has reported a boost in revenue for the first quarter of the year.  Full Article »

Automotive

More Americans Don’t Want Electric Cars but EV Market Share Still Rises
May 3, 2023 Ξ

More Americans Don’t Want Electric Cars but EV Market Share Still Rises

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According to a recent study conducted by J.D. Power, it has been found that despite the growing popularity of electric vehicles (EVs) and the increasing market share of EVs in  Full Article »

Automotive

2023 Ford Mustang Mach-E Receives Prices Cuts Amid New & Improved Battery Tech
May 2, 2023 Ξ

2023 Ford Mustang Mach-E Receives Prices Cuts Amid New & Improved Battery Tech

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The 2023 Ford Mustang Mach-E is receiving price cuts, up to $4,000, alongside battery updates and improved range. The Mach-E, Ford’s all-electric SUV inspired by the iconic Mustang, has been  Full Article »

Automotive

Ford Motor Company’s Q1 $1.76 Billion Profit Shows Positive Outlook
May 2, 2023 Ξ

Ford Motor Company’s Q1 $1.76 Billion Profit Shows Positive Outlook

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Ford Motor Company has reported a significant profit of $1.76 billion for the first quarter (1Q) of the year. This achievement reflects a strong performance and positive financial results for  Full Article »

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