In the wake of the mega-merger between Fiat Chrysler Automobiles and Paris-based PSA, Tim Kuniskis seemed the fair-haired boy, the American executive CEO Carlos Tavares could turn to when there was a problem to be solved. But Kuniskis unexpectedly announced his retirement Friday, with replacements named to take on his duties at Dodge and Ram.
Elon Musk’s increasingly mercurial behavior is having a substantial impact on the Texas-based EV maker. But it may also have a serious impact on the Tesla CEO himself as shareholder resistance grows to the $50 billion pay package the automaker wants to give Musk. A key investor, and former Musk “fanboy,” voting no.
The typical American driver spends plenty of time behind the wheel – and plenty of money at the gas pump. Just how much money depends, of course, on a variety of factors, but it all adds up to a lot more than you might expect. And, over the course of a lifetime, you might shell out nearly as much as you’d spend on a new home – motorists in some states expected to spend around $200,000 on fuel.
After winning a historic vote at the Volkswagen plant in Chattanooga last month, the United Auto Workers Union takes aim at a repeat victory as workers at the Mercedes-Benz plant in Tuscaloosa cast their ballots. But the UAW faces strong local opposition from, among others, Gov. Kay Ivey who declared “Alabama is not Michigan,” as she signed a bill to discourage future union efforts.
President Joe Biden raised tariffs on an assortment of Chinese-made goods, including the battery-electric vehicles manufacturers like BYD, Geely and Great Wall have been hoping to start selling in the U.S. The threat of these inexpensive EVs – some starting at barely $10,000 – has sent shivers through the American auto industry, one trade group warning their arrival poses an “extinction-level event.” Headlight.News explains why.
Just days after firing the head of Tesla’s Supercharger operations – and dismissing her entire 500-person staff – CEO Elon Musk appeared to reverse course, announcing on his social media site X that the automaker still will invest “well over” $500 million on “new sites and expansions” of the public charging system. The apparent turnaround comes as Tesla comes under increasing pressure from Tesla investors, analysts, owners and other automakers who have done deals to gain access to the Supercharger network for their own EV customers.
Subaru’s only EV, the Solterra, is a product of a joint venture with Toyota – and the Japanese automaker plans to take the same approach with its next three battery-electric vehicles, all due out by 2026. Then it plans to bring out four more, developed in-house, by 2028, its CEO said Monday.
Originally introduced in pure concept form at the 2022 Paris Motor Show, French automaker Alpine apparently has some serious plans for the Alpenglow hypercar. A running version, dubbed the Alpine Alpenglow Hy4 is set to take to the track for the 6-hour Spa-Francochamps endurance race this weekend. What stands out is not just the exotic design and impressive performance but the fact that the Hy4 uses a hydrogen-powered internal combustion engine.
A recall ordered by Ford to address gasoline leaks involving 43,000 Ford Bronco Sport And Escape SUVs has come under scrutiny. Federal regulators say they have “significant safety concerns” about whether the repairs will fix the problem and prevent possible vehicle fires.
President Donald Trump outlined a series of changes he’ll make to the Biden administration’s policies on EVs and other environmental rules if he wins reelection next November. But the changes he promised during a meeting with oil industry CEOs carries a $1 billion quid pro quo in campaign funds.
In desperate need of a more affordable product that can deliver a big boost in sales, Lucid is working up a new compact SUV taking aim at the Tesla Model Y. Expect it to enter production by 2026, with a base price of less than $50,000, said CEO Peter Rawlinson, earlier than previously expected.
Tesla now faces a criminal probe, federal prosecutors raising questions about the way the automaker has promoted its Autopilot and Full Self-Driving technology which – despite what Tesla and CEO Elon Musk have implied to investors and consumers – are not capable of being driven hands-free.