Penske Automotive Q4 net jumps 16%, as revenue slips
Roger Penske raking in the dough Penske Automotive Group Inc.’s fourth-quarter net income rose 16 percent to $82.7 million, on a 0.7 percent drop in revenue, due in part to … Read More
Category: Automotive
UK Motorists turning away from diesel vehicles
Motorists in the United Kingdom are turning their backs on diesel-powered vehicles, instead opting for more environmentally friendly alternatives. It started in 2017 and has continued ever since. In the … Read More
Faraday scales back EV factory plans in U.S.
Does Faraday Future have a future? Electric luxury car startup Faraday Future, one of several Chinese-funded companies taking aim at Tesla Inc., is throttling back its plans to build vehicles … Read More
Elon Musk tweets photo of his giant tunnel boring machine
The entire Los Angeles County Light Rail system was built above ground because going underground was cost prohibitive. Who is going to pay for this charade? Is Elon Musk taking … Read More
Mercedes introduces special edition SL & SLC Roadsters
Mercedes SL Stuttgart – Exactly six weeks before the start of spring in Europe, Mercedes-Benz is launching its automotive springtime with attractive editions of its SL and SLC Roadsters. Customers … Read More
Maserati recalling nearly 40,000 U.S. vehicles
Maserati North America Inc. is recalling at least 39,381 Quattroporte, Ghibli, and Levante vehicles in the U.S. after discovering two defects that could lead to fires. Adjusting the front seats … Read More
Video: Ford Mustang Bullitt set for return?
A video released by Dwayne “The Rock" Johnson may have accidentally revealed plans for a new Ford Mustang Bullitt. Johnson is an official spokesperson for Ford and in a behind-the-scenes … Read More
Clean cars could tank oil prices by 2025
AR1.com has stated on numerous occasions that oil prices will never skyrocket again. The oil companies know they had better pump as much out of the ground as they can … Read More
Electric vehicle battery cost dropped 80% in 6 years down to below $190/kWh
Falling battery costs Profitable production of electric vehicles is highly important. Our capitalist society revolves around profitability and therefore, if electric vehicles are to prevail over gas-powered cars, they need … Read More
January EV Sales Rise 70% In US, As Chevrolet Bolt EV, Volt and Toyota Prius Prime Soar
January is supposed to be the weakest and hardest month of the year in the US to sell plug-in vehicles. Apparently someone forgot to tell that to GM and Toyota. … Read More
Barra, CEOs to meet with Trump amid tension over his policies
Trump is shaking the Washington elites and the special interest groups to the core. They want cheap slave labor so they look like heroes to their shareholders. Meanwhile 90+ million … Read More
Ferrari Q4 earnings rise 38%, predict an even better 2017
Italian luxury carmaker Ferrari reported a 38 percent rise in fourth-quarter adjusted core earnings and gave a strong guidance for 2017. Ferrari, which was spun off from Fiat Chrysler Automobiles … Read More
Bosch agrees to pay $327.5 million to settle private claims over VW diesel vehicles in the US
Robert Bosch has entered into a settlement agreement with civil claimants in the United States in order to settle “the most substantial part" of the civil proceedings pending in connection … Read More
Volkswagen reaches agreements with private plaintiffs over ‘dirty diesel’
Volkswagen has reached proposed agreements to resolve outstanding civil claims regarding approximately 78,000 affected 3.0 L TDI V6 diesel engine vehicles in the United States. Volkswagen submitted two agreements to … Read More
Chevrolet Bolt EV Is Driving the Automobile Toward the Future
The Chevy Bolt is the start of the EV automobile evolution The Chevrolet Bolt is a remarkable achievement. It is the country's first mass-market, long-range, battery-powered electric vehicle. It can … Read More
Ford F-150 Raptor Four Wheeler Pickup Truck Of Year
2017 Ford F-150 Raptor Add another trophy to the 2017 Ford F-150 Raptor showcase. The all-new Raptor topped a seven-vehicle field to be named 2017 FOUR WHEELER Pickup Truck of … Read More
McLaren Automotive Collaborates On Future Combustion Technology
McLaren Automotive has announced a strategic project to design and develop technology for the next generation of powertrains. Working with a number of partners including BMW Group, the project will … Read More
Video: Ferrari LaFerrari’s Brilliant Air Intake System – 800 HP V12 Engine
Anytime you get to use the term "banned F1 technology" you know you're going to be talking about something very interesting and very cool. That's the case today because the … Read More
2019 Chevrolet Corvette C8 Secrets Revealed
Everything you need to know about the upcoming mid-engine 2019 Chevrolet Corvette C8. The C8 will be the most anticipated new Corvette release ever, however it is still controversial. Watch … Read More
U.S. Transportation Department Sets New Vehicle-to-Vehicle Communication Requirements
V2V short range communications Troy, Mich. – U.S. auto-safety regulators have mandated that new vehicles must communicate with each other through vehicle-to-vehicle (V2V) technology beginning in 2020, with the goal … Read More
Paris Bans All Diesel Cars Made Before 2000
The city of Paris has announced it is banning most cars built before the year 2000, in an effort to curb air pollution. The law, which affects diesel vehicles built … Read More
California cannot get its act together with autonomous cars
Buried in its own red-tape it cannot get out of its own way, the democrat controlled state of California would be better becoming a separate country like so many of … Read More
Tesla Sues Ex-Autopilot Director Over Recruiting
Elon Musk furious. Feels ex-employee ripped off their secrets Tesla Motors Inc. is accusing the former director of its Autopilot program and the former tech guru behind Google's self-driving car … Read More
ChargeNow by EVgo public charging programs in more than 50 metro areas across the U.S.
BMW of North America announced the expansion of ChargeNow by EVgo programs (including ChargeNow DC Fast) to more than 50 metro areas* in the US, encompassing the entire EVgo public … Read More
The end of diesel is at hand
Automakers are trying to use diesel to help them meet Obama's Cafe MPG requirements. It's just a stop-gap measure while they scramble to roll out more affordable electric vehicles. Diesel … Read More