Opinion
Roger Penske has always been a newsmaker, but in May he made news for the wrong reasons.
Roger Penske has always been a newsmaker, but in May he made news for the wrong reasons.
Volkswagen’s Scout Motors brand is not, as it says, an exciting new EV startup but rather a subsidiary wholly owned by VW itself. It’s a similar story with Afeela, a joint venture between Honda and Sony.
For fleet customers, EVs enable more stable, predictable budgeting through contracted, fixed-price electricity across multiple regions, avoiding the profit-and-loss surprises that come from fluctuating liquid fuel prices.
What Lucid needed was something no other auto startup had ever done: partner with the 25 best luxury dealers in the country instead of selling direct.
Deduction of auto-loan interest may not provide a big lift, but with the tariff-fueled sales frenzy settling down, every bit of positive messaging is welcome.
Despite the current anti-DE&I sentiment among a number of Americans, the auto industry must continue to develop women to take leadership roles in all aspects of the business.
The possibility of Chinese automakers entering the U.S. retail automotive market and selling less-expensive Chinese-built vehicles poses multiple threats.
Price hikes of up to $2,000 on Ford‘s 3 Mexico-built vehicles are expected to alter window stickers by late June.
The National Electric Vehicle Infrastructure Formula Program was designed to solve a pressing problem — building chargers in areas without significant EV adoption, where private industry has been unable or unwilling to invest. Now the program is in doubt as President Donald Trump wants to withhold federal funds supporting EV transition.
Analysts say Toyota's new relationship with Waymo could set self-driving technology down a path toward creating personally owned autonomous vehicles.