Month: September 2020

Nikola Corp. is rescheduling its in-person Nikola World conference, where it was planning to show its electric pickup truck, as the company regroups in the wake of a stock sell-off and the departure of its chairman. The postponement follows the startup’s efforts to pivot from denying allegations of deception to talking up its technology and
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Ford Motor Co. added a new configuration option for the upcoming Bronco SUV last week after an outcry from enthusiasts. Ford said it would allow Bronco buyers to get a seven-speed manual gearbox in combination with the off-road Sasquatch package that includes 35-inch tires and a high-clearance suspension. It previously said the Sasquatch package, which
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DETROIT — Ford Motor Co. is lowering the price of its Mustang Mach-E crossover between $1,000 and $3,000, depending on the trim, as it prepares to launch the vehicle later this year. In a memo to dealers, Ford said the Premium trims will get a $3,000 price cut, with the all-wheel-drive version dropping to $50,800
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DETROIT — General Motors and Nikola Corp. have not finalized their deal to jointly build electric pickup trucks and hydrogen fuel cell tractor-trailers, one day ahead of the date targeted, and are continuing discussions, GM and Nikola said on Tuesday. “Our transaction with Nikola has not closed,” GM spokeswoman Juli Huston-Rough said in a statement.
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UK dealer group Pendragon said on Tuesday that strong performance since the easing of COVID-19 lockdowns helped it return to profitability in July and August, after posting a smaller first-half loss. However, the company, which operates the Evans Halshaw, Stratstone, Quickco and Car Store brands, did not reinstate full-year outlook over uncertainties that may exist
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YOKOHAMA, Japan — Infiniti’s next-generation QX60 crossover will get more muscular, premium styling that heralds a reboot for the brand. Infiniti Chairman Peyman Kargar expects next year’s arrival of the QX60 three-row midsize crossover, along with the launch of the new QX55 coupe-styled compact crossover, to stoke sales while winning new customers. “We are beginning
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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WASHINGTON — Fiat Chrysler Automobiles will pay a $9.5 million civil penalty to settle allegations it misled investors by not disclosing that it conducted only a limited internal review of its compliance with emissions regulations, the top U.S. securities regulator said Monday. Fiat Chrysler, which did not admit or deny wrongdoing to resolve the Securities
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BEIJING — Volkswagen Group plans to invest about 15 billion euros ($17.44 billion) in electric mobility with three local joint ventures in China. The investment will allow VW and FAW Group, SAIC Motor and JAC to build 15 different full-electric or plug-in hybrid models in China by 2025. VW will start making EVs based on
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From economic stresses to increased work-from-home numbers, byproducts of the COVID-19 pandemic are giving pause to car shoppers who might otherwise consider an electric vehicle to replace their internal-combustion-engine model. But this is just a short-lived bump in the road that will be followed by a rebound in consumer interest in EVs. There are compelling
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Bentley, with a small lineup that was already fresh, is getting fresher. That’s largely driven by the arrival of the freshened 2021 Bentayga SUV, on sale now. Bentley was the first of the ultraluxury and exotic brands to venture into the segment, and the updated model is arriving before some competitors’ initial SUV offerings do.
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Michigan’s franchised auto retailers are backing state legislation that would limit direct vehicle sales beyond Tesla, cementing into law an agreement reached this year that allowed only the California electric vehicle maker to operate in the state. But other EV startups and traditional automakers object, positioning Michigan as the latest battleground in a clash over
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