Stellantis continued its momentum in 2021 by posting some impressive adjusted operating income for the first half of 2022. The company noted that in North America, they posted an 18.1 per cent margin. This is […]
BMW is completing a voluntary recall after battery issues were detected in specific iX and i4 vehicles. The issue stems from a manufacturing irregularity where debris was allowed to enter the cells at the Samsung […]
General Motors has sold its first-ever green bonds to fund the continued electrification of its line-up. According to sources familiar with the matter, the automaker priced $2.25 billion of green bonds in two parts. The […]
A few hours after announcing record profit margins, Stallantis confirmed that the company expects to announce job cuts at the Windsor and Brampton Assembly Plants in the coming months. The company is cutting jobs to […]
The fifth generation of the Audi A3 could be launched as an electric-only model when it comes out in 2027. As per The Driven, unnamed sources at Audi revealed that it is expected that Audi […]
Apple’s self-driving car project has gotten a boost after it appears Apple has brought in former Lamborghini executive Luigi Taraborelli. Taraborelli is known as Lamborghini’s chassis guru and brings over twenty years of experience to […]
For the first time in its history, the infamous British brand Lotus officially produced an EV and SUV. As per reports, the company’s first Lotus Eletre rolled off the production line a few weeks ago […]
General Motors announced that the company’s upcoming EVs have a strong demand and a growing waitlist. As per CEO Mary Barra, GM has over 150,000 reservations for the Chevrolet Silverado EV. Considering the vehicle launches […]
One of the last hurdles facing the reinstatement of the famous federal EV tax credits in the US has been removed as Senator Joe Manchin has changed his position. The Democratic politician had been opposed […]
As consumers turn away from gas and diesel vehicles, plug-in hybrids are lagging behind EV sales in Europe. For years, Europe was the lifeblood of the plug-in hybrid market, but the latest sales numbers are […]
