This story has been updated with new information. All-American dreams die slowly, and Paul Elio’s — Elio Motors — clings to life as he attempts to nurse his three-wheeled car company back to health. Now the vehicles are powered by … Continue reading
Tag Archives: Business
The shortage of microchips continues to drag on, forcing General Motors to idle virtually all of its North American production operations for as long as two weeks — though the automaker could yet extend this latest shutdown. General Motors is … Continue reading
Tesla made its splash into the car world with the first Tesla Roadsters more than a decade ago, and now deliveries of the second-generation of the 2+2-seater are likely going to be pushed back to 2023. CEO Elon Musk said … Continue reading
Nascent electric vehicle makers have been going public fairly regularly since the start of 2020 and the latest, and perhaps strongest, is Rivian. The battery-electric truck maker, which already has an impressive bankroll, believes it could be worth as much … Continue reading
Some Bronco fans thought the Jeep Wrangler wasn’t the only vehicle Ford would take on with the new Bronco. Upon its return, Ford officials said Bronco would be a “family” of vehicles, leading to plenty of speculation about what that … Continue reading
Ford Motor Co. is reaching out to Silicon Valley again to produce a service it hopes consumers, especially younger ones who ride scooters, will find appealing. Ford Smart Mobility, LLC acquired Spin, a San Francisco-based electric scooter-sharing company in 2018. … Continue reading
Ford’s enduring a tough day, forced to deal with big problems on two of its hottest vehicles: the Bronco and Mustang Mach-E. The roof problems with the new Bronco are still unresolved, forcing Ford to replace the parts on all … Continue reading
Mercedes-Benz will go 100% electric by 2030, CEO Ola Källenius announced Thursday, with a massive global transformation in its global design, engineering and production network to ensure they hit the target. Daimler CEO Ola Källenius said the company will be … Continue reading
GMC expects to have the first all-electric pickup, the Hummer EV, in showrooms by the final quarter of this year — and it will soon get a companion, General Motors’ “premium grade” truck brand today confirming it will add an … Continue reading
The first Lexus electric vehicle will be a rapid, five-passenger SUV with a dramatic shape that previews the future of the Japanese luxury brand. As The Detroit Bureau has previously noted, Lexus and its parent company, Toyota, have not always … Continue reading