Month: October 2020

The latest online used-vehicle company preparing to go public has spotted the same trends its predecessors have: a highly fragmented market, relatively low e-commerce penetration and a consumer appetite for online shopping. But CarLotz Inc., a consignment platform that expects to go public via a reverse merger this quarter, raising $321 million in cash, should
0 Comments
DETROIT — See if this sounds familiar: A start-up EV company is basically gifted a modern plant chock-full of world-class production equipment. To reduce product-development costs and time, its first vehicle uses thousands of proven off-the-shelf parts from major suppliers and established automakers. Lordstown Motors is closely following Tesla’s early playbook as it gears up
0 Comments
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including Tesla’s service push, changes to Tesla’s regen braking, Model 3 2021 gets its EPA rating, and more. Sponsored by Electrify America: Discover all the new and innovative ways that Electrify America is providing freedom for electric vehicle
0 Comments
MILAN — Fiat Chrysler expects the costs of launching full-electric and plug-in hybrid cars to negatively affect its money-losing European business even more in the fourth quarter than in the third quarter. That is because the industrial costs associated with the automaker’s electrification program will increase, FCA Chief Financial Officer Richard Palmer told analysts during
0 Comments
What kind of vehicle is the 2021 Mercedes-Benz G-Class? What does it compare to? The 2020 Mercedes-Benz G-Class is a high-end, ultra-luxury SUV with serious off-road capability and more than a small dose of civility inside. Shop it against the Land Rover Range Rover, Lexus LX 570, and Toyota Land Cruiser, possibly even a Sherman
0 Comments
TurboZentrum’s heavily-modded Toyota Supra A80 crashed earlier this month during the TTT half-mile drag racing event held at the Lausitzring racetrack in Germany. According the company, Yalcin Belen, who was driving the 1,500-horsepower dragster, had to swerve to avoid an obstacle while doing around 220 km/h (137 mph) in fourth gear. Watch Also: Which Sounds
0 Comments
As automakers seek to make their vehicles increasingly connected — especially given the myriad benefits that can be provided — there are still some wrinkles to iron out. Chief among them? Cybersecurity threats, consumer data privacy concerns and the possibility of connectivity — or a lack thereof — affecting safety-critical functions of a vehicle. In
0 Comments
Don’t judge the 2021 Ford Edge by its cover, because underneath its generally carry-over, low-flash exterior design rests a reworked cabin that welcomes the Blue Oval’s latest infotainment system—Sync 4. Already earmarked for a handful of other 2021 Ford vehicles, including the Bronco, F-150, and Mustang Mach-E, Sync 4 improves on its forebear by offering
0 Comments
Continental CEO Elmar Degenhart is stepping down amid a push by the supplier to overhaul management and speed up structural changes. Degenhart, 61, is resigning his post “for reasons of immediately necessary preventive health care,” Continental said in a statement on Thursday. The company did not name Degenhart’s successor. It said its supervisory board will
0 Comments
An early tester for Ferrari’s Purosangue SUV has been spotted within the confines of the Italian firm’s Maranello headquarters. It may look like a Maserati Levante that’s been slammed, but there are a number of clues that reveal it as a test mule. For instance, the rear doors are dramatically shorter than on the Levante.
0 Comments
What kind of vehicle is the 2021 BMW X7? What does it compare to? The 2021 BMW X7 luxury three-row SUV seats up to seven in the largest vehicle made by BMW. The new Alpina XB7 variant competes against other absurd performance SUVs ranging from the 2021 Dodge Durango SRT Hellcat to the 2021 Audi
0 Comments
When Cruise, the autonomous-vehicle company mostly owned by General Motors, unveiled its Origin driverless shuttle in January, COVID-19 hadn’t reached the U.S. That was just nine months ago, but it was “before 2020 became ‘2020,’ ” as Robert Grant, Cruise’s vice president of global government affairs, put it in a blog post last week. “COVID-19 changed
0 Comments
DETROIT — Ford Motor Co.’s upcoming battery-electric van will be called the E-Transit and will be unveiled on Nov. 12. The automaker disclosed the name and logo early Thursday just hours after CEO Jim Farley teased the unveiling on the company’s third-quarter earnings call. The E-Transit is expected to go on sale in 2021 as
0 Comments