On this episode of Wide Open Throttle, Jessi Lang takes you behind-the-scenes of Motor Trend’s 2013 Sport/Utility of the Year competition. Watch the Motor Trend team put this year’s 16 contenders through both instrumented and real-world testing and let us know which SUV you think is deserving of the crown. Wide Open Throttle appears every
Month: January 2023
Tesla confirmed that it still holds Bitcoin, but it sold a lot of them and took a $200 million loss because of the cryptocurrency. Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. However, a few days later, Tesla took a step back with crypto
BERLIN — Volkswagen Group has no plans to offer discounts for its electric vehicles to counter price cuts by Tesla, CEO Oliver Blume told a German newspaper. VW will not take part in a price war with Tesla, Blume told the Frankfurter Allgemeine Sonntagszeitung. “We have a clear pricing strategy and are focusing on reliability.
TOKYO – Toyota Motor Corp. has come under fire for what critics call foot-dragging on pure electric vehicles. Now the world’s biggest automaker is fighting back with its most robust retort. Its message to those who say EVs are the only way forward in the global battle to cap carbon dioxide emissions: Science says you’re
GMC auctioned off the rights to the first customer example of the 2024 Hummer EV SUV over the weekend to help raise funds for charity. The auction took place during Barrett-Jackson’s annual sale in Scottsdale, Arizona, where the rights to the first 2024 Ford Mustang were also sold. The final bid for the electric SUV
Volkswagen Group sees investments in new software and electric-vehicle technology peaking in the next two to three years with a goal of making significant returns from battery-powered models from then onward. By 2026, the automaker will be making “hardly any” investments in legacy combustion-engine technology, VW Chief Financial Officer Arno Antlitz said in an interview
Tesla Model S Catches Fire On California Freeway, Needs 6,000 Gallons Of Water To Extinguish | Carscoops Sacramento fire crew used jacks to lift the electric sedan and access its underfloor battery pack by Chris Chilton 19 hours ago by Chris Chilton A Sacramento fire crew blasted a Tesla Model S with 6,000 gallons (22,700
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — General Motors handily beat Wall Street’s top- and bottom-line expectations for the fourth quarter, while forecasting another solid year of results in 2023. The strong report suggests GM is hanging onto
The first production unit of the 2024 GMC Hummer EV SUV has been auctioned off for $500,000 at the Barrett-Jackson Scottsdale Auction on January 28. The proceeds from the sale will go to Tread Lightly!, a non-profit dedicated to promoting outdoor recreation through stewardship and educational programs. The non-profit will receive the full amount raised
NEW YORK- U.S. lender Citizens Financial Group cut back on auto lending last year and plans to further reduce its exposure to the segment as it becomes cautious on certain businesses as it factors in risk of a recession, its chief executive officer said in a interview. Moody’s Investors Service late last year cut the
General Motors‘ defense arm and American Rheinmetall Vehicles said on Monday that they have won a contract for the first phase of the U.S. Army’s Common Tactical Truck Program. The multi-phased program aims to replace the army’s family of heavy tactical trucks with the production of up to 40,000 trucks valued at up to $14
PARIS — Renault and Nissan are rebalancing their troubled alliance in what could be a major step in reviving their alliance. But for the French automaker the benefits of the revamp are for now unclear and potentially quite limited, three industry sources said. The automakers on Monday announced a deal that will see Renault
Pour One Out For The First Known 2023 GR Corolla Crash | Carscoops Details are light but pictures say a few thousand words by Stephen Rivers 6 hours ago by Stephen Rivers We all knew this day was coming and sadly, it’s here. The very first documented Toyota GR Corolla Crash is slowly but surely
Lexus RX Does A Flying Barrel Roll After Launching Off Flat Bed Tow Truck | Carscoops In a shocking video, a Lexus RX drifted onto the shoulder and hit a flat bed tow truck which acted as a ramp by Michael Gauthier 2 hours ago by Michael Gauthier January is ‘Move Over Month’ in Florida
Ford Motor (F) confirmed Monday what Jim Cramer has been speculating for weeks: Price cuts on its electric vehicles following similar moves by Tesla (TSLA). While engaging in this price war was necessary for Ford to stay competitive and maintain customer demand, we’re concerned about the dent the Club holding faces in profitability. Ford will
#roadkill #roadkillgarage #motortrend
By Eric Ralph Posted on January 29, 2023 SpaceX is less than a month into 2023, but CEO Elon Musk’s wildly ambitious goal of 100 launches in one year is already looking doable. Announced last August, Musk’s 100-launch 2023 target followed goals of 52 – and then 60 – Falcon rocket launches in 2022. Both
Less than three years after being booted from California for violating the state’s franchise laws, Volvo Cars is reviving a vehicle subscription program in a key U.S. market. The latest program, slated to launch next month, ends a four-year battle between Volvo and its California dealers to introduce the service that now bundles vehicle use,
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