Category Archives: Uncategorized
Aston's Palmer touts power of independence
DETROIT — There are six brands in the uppermost echelon of the automotive industry. Plan on just one more, says Aston Martin Lagonda CEO Andy Palmer. Among the elite six, Palmer counts Aston Martin, Bentley, Ferrari, Lamborghini, McLaren and Rolls-Royce. Lagonda, Aston’s new bespoke ultraluxury brand, would boost that to seven in 2021 when it
Shutdown adds to industry's trade headaches
The furloughs of “nonessential” personnel because of the partial government shutdown have stalled several functions that, if not essential, are still important to the auto industry. Agencies in the departments of Commerce, Homeland Security and Transportation, among others, are awaiting congressional appropriations to continue operating, but heading into the weekend there were no signs of
Vehicle screens go super-sized at CES as tech catches up
LAS VEGAS — Take a glance at the vehicle displays shown at CES and you could be forgiven for thinking you are at the movies. “This is not science fiction!” announced the head of Byton, an electric vehicle startup, onstage earlier this week at the global technology conference in Las Vegas. CEO Carsten Breitfeld was referring
What’s new in 2019: A brand-by-brand rundown
Expect the usual crush of new crossovers in 2019, but also high-end electric vehicles and a mini resurgence of sports cars. It all starts in Detroit next week. Acura debuted the all-new 2019 RDX at the 2018 Detroit show, and you can expect the RDX’s styling cues to show up on two Acura sedans due
CANADA: 2 million new vehicles sold in 2018 even as sales fell 6.5% in December
For the first time in nearly a decade, annual new-vehicle sales fell in Canada in 2018 with a total of 2,003,506 vehicles sold, down 1.9 percent from 2017, according to the Automotive News Data Center in Detroit. Annual Canadian sales last fell in 2009 when they dropped 11 percent over 2008 at the height of the Great Recession.
Faraday Future ends dispute with main investor
Chinese electric vehicle developer Faraday Future said on Monday it signed a new restructuring agreement with a unit of its main investor, Evergrande Health Industry Group, ending a bitter legal fight and clearing the path for raising funds. Season Smart, which agreed to be bought by China’s Evergrande Health, will now own 32 percent preference
