Month: February 2022
Automotive News live talk March 1: PACE Awards and innovation
Join Automotive News at noon EST Tuesday, March 1 for a live discussion on our…
VW fears huge loss of cars from cargo ship fire
Volkswagen Group says the many of the 4,000 cars from its multiple brands aboard the…
Dealerships sell in Florida, Texas and Massachusetts
Two groups expanded with fourth-quarter and first-quarter dealership acquisitions, while a father-and-son duo bought a…
Tesla’s production expansion, surging oil prices bring stock upgrade from Daiwa Securities
By Joey Klender Posted on February 25, 2022 Tesla’s (NASDAQ: TSLA) plans to expand its…
Andretti: Need ruling soon to prep for F1 jump
2:52 PM ET Associated Press ST. PETERSBURG, Fla. — Michael Andretti said Friday that his…
Elon Musk and Kimbal Musk insider-trading investigation may be tough to pursue
Elon Musk’s brother Kimbal Musk applauds to him at a briefing after the launch of…
Virgin Hyperloop to move cargo, not people, as tube transport hits snags
Virgin Hyperloop’s yearslong goal of transporting people via vacuum-sealed tubes at speeds of up to…
Russia’s invasion of Ukraine may pressure vehicle sales growth
Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales…
Salvage team boards Felicity Ace
More than a week after a ship packed with luxury cars caught fire in the…
Electric scooter sharing and Tesla Model Y taxi service Revel raises huge $126 million for expansion
Whether you know Revel from its bright blue electric scooters or from its somehow brighter…
Tesla reportedly plans second Chinese plant
Tesla has had a vehicle plant up and running in China since 2019, and now…
Charles Leclerc fastest on second day of test as Red Bull suffers setback
12:43 PM ET BARCELONA, Spain — Ferrari’s Charles Leclerc set the pace in the second…
Shares of EV start-up Nikola surge on earnings beat, plans to generate revenue in 2022
In this article NKLA San Pedro, CA – December 17: The first two zero-emissions electric…
Why police departments are beginning to adopt electric cars
Not long after the police department in the town of Nitro, W.Va., added a Tesla…
VW, top shareholder strike framework deal for Porsche stock offering
FRANKFURT/BERLIN — Volkswagen Group and its top shareholder Porsche Automobil Holding SE have entered a…
Carvana to buy KAR Global’s ADESA auction business in $2.2B deal
Online used-vehicle retailer Carvana, pressed in recent months to expand its vehicle reconditioning capacity, said…
Faraday Future Builds First Production-Intent FF 91 Flagship EV
EV startup Faraday Future has built the first production-intent FF 91 featuring production-specification components at…
Haas to remove Russia branding for final test
2:00 PM ET BARCELONA, Spain – Haas will run a plain white car, minus any…
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