Automobile

But the straw borrower issue could be even larger in scope than these tens of thousands of suspicious instances. Point Predictive found 65,000 instances of co-borrowers removed between one and 30 days after the initial application,…

During the New York show, an international jury of journalists named the Ioniq 5 World Car of the Year. It is the first in a line of forthcoming EVs that will be part of the Ioniq subbrand.Sibling brand Kia also is emphasizing electric.…

Tesla has been nipping at BMW's heels as the U.S. luxury market leader. But BMW management now has a plan to sell EVs at the rate of one for every two sales by 2030. Source link

The investors took specific aim at comments Musk made during a TED event last week in Vancouver. He said “I was forced to concede to the SEC unlawfully” and settle the agency’s lawsuit over the 2018 “funding secured” tweet. Shareholders…

After deciding in 2021 to drop both its largest sedan and top-end SUV from U.S. showrooms, Toyota will replace them starting this year with vehicles carrying a venerated Japanese nameplate — though one largely unfamiliar to American…

"We have integrated sustainability requirements into all our purchasing activities and awarding processes," Schäfer said.Mercedes production and supply chain boss Jörg Burzer said the automaker will make vehicle production CO2 neutral…

But with most existing charging stations based on 400-volt systems, is there still an advantage for cars with 800-volt architectures? Experts say yes, though vehicles will need an 800-volt-based charging infrastructure to take full…

With technicians in such short supply, Herrera says dealers need to increase their efforts to find and train them. "We can't be asking the manufacturers to help us with techs and the industry to help us with techs," Herrera said.…

Honda Motor Co. is dropping the Insight gasoline-electric hybrid in the U.S. to focus on hybrid versions of three core models — the CR-V crossover and the Accord and Civic. Honda said Thursday it will discontinue production of the…

Included in Musk’s securities filing disclosing the bid Thursday morning was a script of text he sent to the company. In it he said, “it’s a high price and your shareholders will love it.” At least one prominent investor, though, said…