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Lexus Teases SUV Updates for All-New TX, and An Updated Lexus GX
May 11, 2023 Ξ

Lexus Teases SUV Updates for All-New TX, and An Updated Lexus GX

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I’ve always called Toyota a methodical giant in the scheme of how they approach updates, redesigns, and implementation of new technology. Such a strategy of slowly rolling out updates has  Full Article »

Automotive

Nissan Sees Positive Future Expecting 38% Full-Year Profit Rise from Stronger Sales Outlook
May 11, 2023 Ξ

Nissan Sees Positive Future Expecting 38% Full-Year Profit Rise from Stronger Sales Outlook

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Nissan Motor Co. has reported a better-than-expected 38% rise in profit for this year on the back of stronger sales, signaling a brighter future for the Japanese automaker. The company  Full Article »

Automotive

Toyota Expects 10% Rise in Operating Profit Amid EV Sales Increase
May 10, 2023 Ξ

Toyota Expects 10% Rise in Operating Profit Amid EV Sales Increase

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Toyota Motor Corp recently announced that it expects operating profit to increase by 10% this year, with a significant five-fold increase in pure electric vehicle (EV) sales. The company’s CEO,  Full Article »

Automotive

4 Important New Jersey Vehicle Laws That You May Not Know About
May 10, 2023 Ξ

4 Important New Jersey Vehicle Laws That You May Not Know About

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The rules of the road in New Jersey are not that dissimilar to many other parts of the country, but you’d be surprised by how many drivers aren’t up to  Full Article »

Automotive

New Car Preview: 2024 Ford Ranger and Ranger Raptor
May 10, 2023 Ξ

New Car Preview: 2024 Ford Ranger and Ranger Raptor

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Ford has introduced a redesigned 2024 Ranger for America, which gets a new Ranger Raptor trim having similar treatment as the Bronco Raptor in the power and off-roading department. The  Full Article »

Automotive

New Car Preview: 2024 Porsche 718 Spyder RS
May 9, 2023 Ξ

New Car Preview: 2024 Porsche 718 Spyder RS

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Sun’s out, guns out! Porsche unleashes what is said to be the very last Porsche 718 model with an internal combustion engine, the new 718 Spyder RS. The Porsche 718  Full Article »

Automotive

Thefts Among Hyundai and Kia Vehicles Keep Rising Despite Security Flaw Software Fix
May 9, 2023 Ξ

Thefts Among Hyundai and Kia Vehicles Keep Rising Despite Security Flaw Software Fix

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Hyundai and Kia’s updated software designed to prevent the theft of their vehicles, which was unveiled three months ago, has failed to solve the problem. Despite efforts by the company  Full Article »

Automotive

Rivian Q1 Revenue Estimates Better Than Expected for High-Priced EV Sales
May 9, 2023 Ξ

Rivian Q1 Revenue Estimates Better Than Expected for High-Priced EV Sales

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Rivian Automotive Inc (RIVN.O) exceeded analysts’ expectations for quarterly revenue by selling more high-end electric vehicles in Q1, while maintaining its production forecast of 50,000 cars for the year. The  Full Article »

Automotive

Challenges Loom for Automakers Meeting Tougher Proposed US Emissions Rules
May 9, 2023 Ξ

Challenges Loom for Automakers Meeting Tougher Proposed US Emissions Rules

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Automakers are expressing concerns about proposed U.S. emissions regulations, stating that they will encounter difficulties with manufacturing and supply chains if aggressive targets for reductions in vehicle emissions are enforced.  Full Article »


Automotive

GM Hires Apple Executive to Lead Software Unit Amidst Plans to Discontinue Apple CarPlay Use
May 9, 2023 Ξ

GM Hires Apple Executive to Lead Software Unit Amidst Plans to Discontinue Apple CarPlay Use

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Today, General Motors Co (GM.N) announced the appointment of former Apple Inc (AAPL.O) executive Mike Abbott to head a division that will integrate three software functions within the company. Starting  Full Article »

Automotive

Fisker Lowers Annual Production Forecast Due to EV Supply Chain Challenges
May 9, 2023 Ξ

Fisker Lowers Annual Production Forecast Due to EV Supply Chain Challenges

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Fisker Inc has revised down its 2023 production target due to supply chain challenges in the electric vehicle (EV) industry. The setback is part of a broader trend of U.S.  Full Article »

Automotive

Lucid Motors Posts Disappointing Quarterly Revenue Numbers Amid EV Competitor Price Discounts
May 8, 2023 Ξ

Lucid Motors Posts Disappointing Quarterly Revenue Numbers Amid EV Competitor Price Discounts

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Lucid Motors, Lucid Group Inc (LCID.O), reported disappointing first-quarter revenue, falling short of Wall Street estimates due to a pricing war that was sparked by Tesla Inc (TSLA.O) and resulted  Full Article »

Automotive

Tesla’s Use of Forced Arbitration Clauses Questioned by Several U.S. Senators
May 8, 2023 Ξ

Tesla’s Use of Forced Arbitration Clauses Questioned by Several U.S. Senators

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Seven US senators have raised concerns about Tesla’s use of forced arbitration clauses in their contracts with customers. These clauses require customers to resolve any disputes through binding arbitration rather  Full Article »

Automotive

Global EV Market Battle Heats Up as China’s EV SUV Market Expands
May 8, 2023 Ξ

Global EV Market Battle Heats Up as China’s EV SUV Market Expands

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As the world’s largest automotive market, China has become a key battleground for automakers looking to establish a foothold in the electric vehicle (EV) market, and their love for SUV’s  Full Article »

Automotive

Toyota ‘Fully committed’ to Producing Electric Vehicles, says White House
May 8, 2023 Ξ

Toyota ‘Fully committed’ to Producing Electric Vehicles, says White House

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Recently, the White House has praised Toyota for its commitment to electrifying its auto fleet. According to a statement from the White House, Toyota is “fully committed” to electrifying their  Full Article »

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