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Carvana Gets Lifeline with Deal to Cut Debt by Over $1 Billion, Stock Surges
Jul 19, 2023 Ξ

Carvana Gets Lifeline with Deal to Cut Debt by Over $1 Billion, Stock Surges

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Carvana, the troubled used-car retailer, has received a lifeline with a deal that has sent its shares soaring by as much as 36% during morning trading. The agreement, struck with  Full Article »

Automotive

Nissan to Adopt Tesla North American Charging Standard (NACS) in 2025 for US and Canada
Jul 19, 2023 Ξ

Nissan to Adopt Tesla North American Charging Standard (NACS) in 2025 for US and Canada

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Marking a significant step towards enhancing electric vehicle (EV) charging infrastructure, Nissan has announced a pioneering partnership with Tesla. The automaker has reached an agreement to adopt the North American  Full Article »

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Rumor Mill: Nissan Skyline Could be Back as An Electric SUV
Jul 18, 2023 Ξ

Rumor Mill: Nissan Skyline Could be Back as An Electric SUV

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The automotive world is abuzz with speculation as rumors circulate about the iconic Nissan Skyline making a comeback in an unexpected form: an electric SUV. Dating back to 1957, the  Full Article »

Automotive

Stellantis Secures $11 Billion in Contracts Through 2030 for Vital Semiconductor Chips
Jul 18, 2023 Ξ

Stellantis Secures $11 Billion in Contracts Through 2030 for Vital Semiconductor Chips

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Stellantis has taken proactive measures to ensure a stable supply of crucial semiconductor chips for its electric vehicles (EVs) and high-performance computing functions. In response to the industry-wide semiconductor shortage  Full Article »

Automotive

Last Call: Dodge Challenger & Charger Production Coming to End, Just Days Left to Place an Order
Jul 18, 2023 Ξ

Last Call: Dodge Challenger & Charger Production Coming to End, Just Days Left to Place an Order

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Time is running out for fans and enthusiasts of the iconic Dodge Challenger and Charger models, as the automaker has officially announced the end of production for these beloved sports  Full Article »

Automotive

It’s the ‘Least Affordable Car Market in Modern History’ With Just 8% of New Vehicles Costing under $30,000
Jul 17, 2023 Ξ

It’s the ‘Least Affordable Car Market in Modern History’ With Just 8% of New Vehicles Costing under $30,000

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The current state of the car market can be described as the “least affordable car market in modern history,” as stated by CoPilot’s CEO Pat Ryan. Recent reports indicate that  Full Article »

Automotive

Rimac Nevera Sets Production Car Hillclimb Record at 2023 Goodwood Festival of Speed
Jul 17, 2023 Ξ

Rimac Nevera Sets Production Car Hillclimb Record at 2023 Goodwood Festival of Speed

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The Rimac Nevera, an electric hypercar known for its incredible acceleration and top speed, has once again made history at the prestigious Goodwood Festival of Speed. Not only is it  Full Article »

Automotive

Ford Tops List for Most Recalls in First Half of 2023
Jul 17, 2023 Ξ

Ford Tops List for Most Recalls in First Half of 2023

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Ford has emerged as the top company with the highest number of recalls in the first half of 2023, continuing a trend from the previous year. According to data released  Full Article »

Automotive

First Production Tesla Cybertruck Finally Built
Jul 17, 2023 Ξ

First Production Tesla Cybertruck Finally Built

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After facing a series of delays over the past two years, Tesla has announced the completion of its first Cybertruck at the company’s manufacturing facility in Austin, Texas. The long-awaited  Full Article »

Automotive

Ford F-150 Lightning gets Substantial Price Reduction for Full Range
Jul 17, 2023 Ξ

Ford F-150 Lightning gets Substantial Price Reduction for Full Range

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Ford Motor has announced a significant price reduction for its popular electric F-150 Lightning trucks, responding to an electric vehicle (EV) price war initiated by Tesla, the market leader. The  Full Article »

Automotive

Automotive and Corvette Icon Reeves Callaway, Founder of Callaway Cars, Passes Away at 75
Jul 14, 2023 Ξ

Automotive and Corvette Icon Reeves Callaway, Founder of Callaway Cars, Passes Away at 75

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I can almost remember it like yesterday – I was a kid and saw the Corvette Callaway Sledgehammer in magazines claiming a top speed of 254 mph thanks to 898  Full Article »

Automotive

Mustang Mach-E Rally Revealed as First Off-Roading EV from Ford
Jul 14, 2023 Ξ

Mustang Mach-E Rally Revealed as First Off-Roading EV from Ford

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Ford has introduced the Mustang Mach-E Rally, a new variant designed for thrill-seekers interested in off-roading. While it’s not the anticipated Mach-E Raptor, Ford has decided not to dilute the  Full Article »

Automotive

Biden Administration Makes $20 Billion from ‘Green Bank’ Available for Clean Energy Projects, EV Charging Stations Included
Jul 14, 2023 Ξ

Biden Administration Makes $20 Billion from ‘Green Bank’ Available for Clean Energy Projects, EV Charging Stations Included

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The Biden administration has announced the availability of $20 billion from a federal “green bank” for various clean energy projects, including residential heat pumps, electric vehicle (EV) charging stations, and  Full Article »

Automotive

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 »

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