June 11, 2023
Old Buick City site is ready to rise again
Redevelopment of the Buick City site in Flint to provide in-demand industrial space has received Michigan Strategic Fund support, the Michigan Economic Development Corporation announced today. When fully completed, the project is expected to result…
June 7, 2023
GM aims to build EVs within existing factory footprint
However, automotive cybersecurity experts are still determining if digital keys are as secure as the industry claims. Kent said a rash of recent car thefts in the U.K. targeting new cars with keyless systems that were hacked using relay attacks or…
June 6, 2023
GM to invest over $1 billion in Flint plants to boost truck production
General Motors Co (GM.N) said on Monday it plans to invest more than $1 billion to re-tool two manufacturing sites in Flint, Michigan to prepare for a new generation of its internal combustion engine heavy-duty (HD) trucks. GM has outlined this year…
June 2, 2023
Spanish Grand Prix: Max Verstappen sets pace in first practice
Max Verstappen set the pace in a first practice session that gave little insight into the true competitive picture at the Spanish Grand Prix. The world champion was a massive 0.768 seconds quicker than team-mate Sergio Perez, who trails the Dutchman…
June 1, 2023
Ferrari on self-driving cars: ‘We don’t care’
The ultraluxury brand doesn't plan to make software that will take over for the driver but is working toward releasing an EV by 2025. Don’t expect a self-driving car from Ferrari anytime soon—if ever. The Italian marque seems completely…
May 31, 2023
Musk echoes Apple, Mercedes CEOs on importance of China ties
Tesla Inc.'s Elon Musk joined Apple Inc.'s Tim Cook, Mercedes-Benz Group AG's Ola Källenius, and other car and technology company bosses in emphasizing the importance of maintaining ties with China in his first visit to the country since before the…
May 25, 2023
BMW electrifies 5 Series with powerful i5 electric sedan
BMW will roll out at least four variants of the all-electric i5 midsize sedan as it expands drivetrains as part of a redesign of the eighth-generation 5 Series family. The i5, which will compete against luxury battery-electric cars including the…
May 24, 2023
Honda will become Aston Martin F1 team’s engine partner
Aston Martin will be Honda’s sole Formula One engine partnership as teams are required to use more sustainable powerplants from 2026. Honda Motor Co. will return to Formula One racing by supplying engines to Aston Martin's F1 team starting in 2026…
May 8, 2023
Battle for China’s electric SUV market heats up
China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc (TSLA.O) and BYD (002594.SZ). The market, crowded with more than 90 models, is…
April 28, 2023
Tesla cuts prices on its most expensive models
Tesla has cut prices on its two most expensive electric vehicles in the United States, according to the company’s website, days after CEO Elon Musk said recent price cuts on other models had stoked demand. The price cuts, Tesla’s fifth adjustment…