Tesla is moving towards make 8,000 Model 3 cars per week, Evercore analysts wrote in a note on Thursday Tesla produced 5,031 Model 3 electric cars in the last seven days of the second quarter, the company said in early July, finally meeting its long-elusive production targets. Evercore had earlier forecast production of 123,000 Model 3s […]
Aug 16 2018 | Posted in
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Shares in Tesla have fallen on reports that US regulators are seeking to question executives at the firm about its privatization plans. Fox News tweeted that the US Securities and Exchange Commission (SEC) had sent subpoenas to the electric carmaker and was “ramping up” its investigation. Mr Musk announced on Twitter on 7 August that […]
Amazon is releasing the Alexa Auto software developer kit (SDK)to be used by auto makers to integrate the digital assistant into their upcoming infotainment systems. Some vehicle manufacturers committed to bringing Alexa into their cars earlier this year, including Ford, BMW, Toyota and Volkswagen, but this SDK opens the system to others manufacturers and aftermarket […]
Aug 10 2018 | Posted in
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New York City Council passed regulations on ride-hail companies such as Uber and Lyft on Wednesday, capping the number of vehicles on the road for one year and requiring that drivers be paid a minimum wage. The year-long cap on new licenses for ride-hailing vehicles will take place while the Taxi and Limousine Commission (TLC) […]
Ford announced this week that it has made 10 million Mustangs, across 54 years and six generations of one of America’s most iconic muscle cars. Ten million is a big number no matter the circumstance, as most of us are probably be overwhelmed at the thought that there are actually 10 million Mustangs on the […]
Ford Motor is offering its U.S. dealers $1,000 for every 2006 Ranger covered by a “do not drive” warning that they find and fix, a company spokeswoman said Tuesday. The affected vehicles were built with potentially defective Takata Corp. airbag inflators. Ford in February expanded the “do not drive” warning to include 36,330 of the […]
Aug 7 2018 | Posted in
Autos |
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Tesla shares were halted at $367 a share shortly after 2 p.m. Tuesday after CEO Elon Musk sent a string of tweets saying he is considering taking the company private. Shares jumped as much as 8% midday Tuesday after Chief Executive Elon Musk tweeted that he was “considering” taking the Silicon Valley car maker private […]
Lexus debuted the 2019 ES back in April at the Beijing Auto Show, highlighting its new global architecture-K platform being used in the ES 350. While we knew the 2019 ES goes on sale next month, and before the sedan arrives at dealerships, the automaker has now released pricing and fuel economy information. The entry-level […]
Buick is expanding its Avenir sub-brand to the 2019 Regal Sportback. The midsize car, redesigned for 2018, will be the fourth Buick vehicle globally to receive the high-end treatment. Following the debut of the Avenir on the Enclave large crossover last year, Buick has added the name to the LaCrosse sedan in the U.S. and […]
Tesla CEO Elon Musk is facing legal action on two fronts amid allegations over his firm’s business practices. In one case, a former employee that Tesla accused of sabotage has hit back with his own lawsuit accusing it of “dangerous and wasteful” behaviour. In the other, ex-employees of its SolarCity subsidiary say they were wrongfully […]