Automotive News

The 911 GT3 Touring spec that provides a modest nevertheless loud configuration. Though the Porsche 911 GT3 bridges the hole in between comfy luxurious and observe efficiency, the brand went to the drawing board when prospects requested a platform even additional suited for day by day use. Immediately after time […]

Insiders who bought US$5.5m worthy of of Sonic Automotive, Inc.’s (NYSE:SAH) inventory at an common purchase price tag of US$41.87 around the final calendar year may possibly be let down by the the latest 13% decrease in the inventory. Insiders devote with the hopes of viewing their income mature in […]

Officials at GMC disclosed today the model would be the latest to hike up its price on its battery-electric car, the Hummer, boosting it by $6,250 for any person buying the automobile following June 18. It is just the most current EV to see a soar in new instances. GMC […]

Michael M. Santiago/Getty Visuals Information In latest months, electric powered-automobile stocks have underperformed. No matter whether it is really Rivian Automotive, Inc. (NASDAQ:RIVN), Lucid Motors (LCID), or Nikola Corporation (NKLA), the electric powered-vehicle sector has misplaced some of its attract as a result of a crippling provide-chain difficulty. This loss […]

TrueCar CEO Mike Darrow explained the firm hopes to broaden its TrueCar+ electronic sales device into additional marketplaces by the third quarter, with employed vehicles probably increasing a lot quicker than new vehicles. Darrow informed Automotive Information on Friday that the intention is to have applied cars available nationwide through […]

Winbond Electronics is poised to even further expand its automotive flash giving as a proportion of organization earnings in 2022, as the chipmaker has cut into the supply chains of first-tier auto assemblers, according to market resources. Winbond has disclosed that gross sales created from the automotive and industrial segments […]

A report by US security authorities reveals Tesla vehicles ended up involved in 70 per cent of all accidents in which superior driver help units have been a aspect. Nonetheless, some have questioned the details. View 3 visuals A damning report has unveiled that, because July, 70 per cent of mishaps […]

Taiwan-based mostly LED automotive lighting module maker Excellence Optoelectronics (EOI) expects new orders and the arrival of its new plant in the US to supply profits advancement of over 70% in 2023 and 2024. Automakers have been forced to cut down creation thanks to the ongoing war in Ukraine and […]

The European Fee voted to uphold the ban of ICE new passenger cars and trucks commencing in 2035 proposed last year. Mercedes claims it can appear up with an all-electric powered lineup even before. The high quality carmaker has by now started off its own electrical revolution with the EQ-branded […]

The hottest information from Carfax has indicated that around 50 million U.S. cars presumed to nevertheless be in procedure still have exceptional remembers that have but to be tackled. Nevertheless the great information is that this signifies a 6 per cent decline from 2021 and a significant 19 % drop […]

The UN is advocating for higher speed limits, but only for robocars. 0 View 2 images The United Nations Economic Commission for Europe (UNECE) has put forward a draft amendment which would allow autonomous cars to drive up to 130km/h – more than double the current limit. The proposal would mean […]

The Minnesota Automobile Dealers Association filed a lawsuit Wednesday in an attempt to block the Minnesota Pollution Control Agency’s adoption of California Air Resources Board rules, which would require automakers to produce a higher percentage of electric and hybrid vehicles for sale in Minnesota by 2024. The lawsuit was filed […]

The automotive industry is being turned upside down. The traditional distribution model involving the automaker, an importer and a dealership network is being replaced by direct distribution either by automaker-owned dealerships, pop-up stores, or digital sales. In Norway, the average number of dealership visits when purchasing a car has gone […]

Welcome to the Hooniverse News! As always, this is a weekly recap of the biggest stories in the automotive industry without the fluff or bull. This week: Cadillac and BMW debut stunning LMDh race cars, Ram offers up desert-themed TRX, and Ford teases a possible Transit Supervan 4 – plus your […]

GRAND HAVEN, Mich., June 7, 2022 /PRNewswire/ — Shape Corp., a global tier-one automotive supplier of multi-material impact energy management and lightweight body structures, has entered into an agreement with Hydro, a leading producer of aluminum and renewable energy, to be the first to explore and bring to the US market, […]