Lincoln Model L100 Concept Lincoln Ford Motor unveiled a sleek, futuristic concept car on Thursday to showcase the company’s vision for its Lincoln luxury brand. The Model L100 concept pays tribute to Lincoln’s 1922 Model L — the automaker’s first luxury vehicle — while showing his vision of what an electric, autonomous luxury car could … Read more
1958 Maserati Source: Motorcar Studios ©2022 Courtesy of RM Sotheby’s Classic cars auctioned this week in Monterey, California, are expected to break records. Auction sales at Monterey Car Week are expected to be between $300 million and $490 million, according to Hagerty Automotive Intelligence, the classic auto insurance and collector’s lifestyle company. Experts say sales … Read more
Dodge Charger Daytona SRT concept car cleverness DETROIT — Dodge unveiled a new concept car on Wednesday, the Charger Daytona SRT, as a preview of its first all-electric muscle car, expected in 2024. The two-door coupe is the first look at what the upcoming vehicle, which will replace Dodge’s current gas-powered Challenger and Charger muscle … Read more
2023 Dodge Hornet GT cleverness DETROIT – The first electrified vehicle for the Dodge brand under Stellantis will be a plug-in hybrid crossover called the Hornet, a resurrected name most recently used for a 1970s station wagon. The compact crossover will be Dodge’s new entry-level model, with a starting price of less than $30,000 for … Read more
American Airlines has agreed to purchase 20 supersonic Overture aircraft from Boom Supersonic, the companies announced Tuesday. The deal is Boom’s second firm order in the past two years, years of building its first commercial aircraft. United Airlines made a commitment last year to buy 15 Overture jets. “Passengers want flights that are faster, more … Read more
BERLIN — A test car with autonomous steering power ended up in oncoming traffic in Germany, killing one person and seriously injuring nine others, police said on Tuesday. A police spokesman in the southwestern city of Reutlingen said the electric BMW iX with five people on board, including a young child, veered out of its … Read more
Ola CEO Bhavish Aggarwal appears on screen during a presentation on August 15, 2021. The company’s EV arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | Getty Images Ola Electric’s CEO said Monday that his company would launch an all-electric vehicle that can go from 0 to 100 … Read more
Trucks at the entrance to the Port of Oakland in Oakland, California, USA, on Thursday, July 14, 2022. David Paul Morris | Bloomberg | Getty Images U.S. freight rates were up 28% year over year but fell nearly 2% month-on-month in July, a likely signal that the U.S. market has reached peak freight rates, according … Read more
It was a somewhat hectic August for Rivian (RIVN) . The startup, which is presented as one of Tesla’s (TSLA) biggest competitor in the race for electric vehicles, setbacks are currently piling up. The electric vehicle manufacturer just announced mixed results for its second quarter. While the company left its forecast to produce 25,000 vehicles … Read more
George Soros appears to have picked his winners in the electric vehicle race. In any case, the emblematic investor stakes his pawns as automakers fight with thunderous announcements to occupy this market, which is considered the future of the car, at least in the medium term. Soros, who until now had been content to invest … Read more
