A cloud of controversy hung over Tesla’s 2024 shareholder meeting. The company faced a tough market and backlash from a recent lawsuit that overturned Elon Musk’s compensation plan. This shift in the company’s fortunes contrasted…
Category: News
CEO of Ford Shares Story of Mortgaging Home for Dream Car
Jim Farley, the CEO of Ford, is a true car enthusiast, which sets him apart from many other top executives in the auto industry. He doesn’t just focus on business numbers; he deeply understands the…
Apple’s Next CarPlay Upgrade Promises Full Control Over Car Screens
Apple gave a sneak peek of the new CarPlay last year. Now, at the Apple Worldwide Developer’s Conference 2024, more details have emerged. The updated CarPlay will be customizable, allowing carmakers to adjust their design…
Survey Reveals Increased Resistance to Electric Vehicles in the U.S.
Electric car sales have been going down, and people in the car industry are wondering if customers don’t want electric cars anymore. Since last year, fewer people are buying electric cars because they’re looking for…
Gas Prices Drop in the U.S. Amid Weak Summer Travel Demand
Gas prices are going down across the United States, which means drivers are paying less when they fill up their cars. According to AAA, the average national gas price on Monday was about $3.44 per…
GR Yaris Rally Test Ends in Flip for Toyota Chairman Akio Toyoda
Chairman Akio Toyoda recently inaugurated a new Toyota research and development (R&D) facility, with a visibly damaged GR Yaris rally car displayed behind him. It turns out Toyoda himself was driving when the car flipped…
Probe Launched into UAW Chief Shawn Fain’s Conduct
United Auto Workers President Shawn Fain is being investigated by an independent federal monitor due to accusations that he retaliated against other union leaders, as detailed in a court filing on Monday. Neil Barofsky, the…
General Motors to Buy Back $6 Billion in Company Shares
General Motors announced on Tuesday a new plan to buy back $6 billion worth of its own shares. This comes shortly after the company increased its dividend payment due to a positive outlook for the…
U.S. Car Buyers Reap Over $1 Billion in Electric Vehicle Tax Breaks
Americans have now received more than $1 billion in new credits and subsidies for buying electric vehicles (EVs) under the Inflation Reduction Act, according to an announcement by the U.S. Treasury Department on Wednesday. This…
EU Raises Tariffs on Chinese Electric Cars to 38 Percent Amid Trade Tensions
The European Union decided on Wednesday to raise taxes on Chinese electric cars. They’re worried that China’s help for its car industry is making it hard for European carmakers to compete. The European Commission, which…
Disappointed Herta Takes Sixth, Blames Newgarden
At the start of the race, Linus Lundqvist, a rookie, was in the lead. But Marcus Armstrong, his teammate from Chip Ganassi Racing, bumped into him as they came out of the first turn. This…
Late Strategy Call Backfires for Newgarden
Newgarden was leading the race with his Team Penske teammates, McLaughlin and Power, close behind before the last pit stop. As the race neared its end, Newgarden had to deal with lapped car Nolan Siegel,…
Will Power’s Strategic Win After Two-Year Dry Spell
Power was behind his Team Penske teammates, Josef Newgarden and Scott McLaughlin, with only 14 laps left on the 4.014-mile, 14-turn road course. Both Power and McLaughlin were using the less liked softer tires as…
Romain Grosjean Speaks Out on Challenging Race Weekend
The start of the weekend was tough for the 38-year-old Romain Grosjean. He crashed on his first flying lap during the opening practice last Friday. Despite this setback and qualifying in 14th place in mixed…
Power Leads Penske Sweep in Milwaukee Hybrid Test
At 43 years old, Will Power, who recently won at Road America, zoomed around the repaved one-mile oval at a speed of 161.681mph. Just like last Sunday’s race at Road America, where Team Penske swept…
Elon Musk’s Tesla and X Controversy: Impact on Investors and AI Vision
Elon Musk is facing growing criticism for his focus on X (formerly Twitter) at the expense of Tesla, causing a decline in his popularity beyond his core supporters. Tesla’s stock started declining around the time…
Biden’s Emissions Rules Raise Concerns Over Hybrid Vehicles
When President Biden announced new rules about how much pollution cars can make in March, he made it easier for car companies. They can take longer to switch to electric cars than they first thought.…
Amazon’s Zoox Prepares for Robotaxi Trials in Austin and Miami
Amazon.com’s robotaxi unit Zoox announced on Wednesday that it will start testing its self-driving cars in Austin, Texas, and Miami. This will be the first time Zoox tests its cars outside of the western United…
Record Solar Installations Signal Potential Boom in U.S. Projects
The United States had a break from tariffs on solar panels imported from Southeast Asia for two years. The break ended on Thursday. This means American solar energy project builders have until the end of…
Virginia Set to Forge Its Own Path on Emissions Standards
Governor Glenn Youngkin of Virginia said on Wednesday that the state will not follow California’s strict rules about vehicle emissions anymore. These rules are meant to reduce pollution from cars and trucks. The decision comes…
Clarity Emerges for Rivian’s Survival Strategy
Rivian has been very busy as it moved from talking about its electric vehicles (EVs) to actually selling them. It made an electric pickup truck and an electric SUV, and it also planned to have…
Jeep Wagoneer Tops IIHS Safety Ratings Among Large SUVs
People think bigger SUVs are safer, but that’s not always true. The Insurance Institute for Highway Safety (IIHS) tested three big SUVs to see how safe they really are. The SUVs tested were the 2023-2024…
Renowned Willow Springs Raceway Up for Grabs
Willow Springs International Raceway is a famous racetrack located in Southern California. It was established in 1953 with the help of Ken Miles, and later bought by Bill and Maxine Huth in 1962. Over the…
Race for Chinese EV Jobs Heats Up in Europe as Tariff Decisions Loom
European governments are cautious about Chinese electric cars flooding their markets. However, they are also competing for investment and jobs from Chinese carmakers. While the European Union looks into China’s auto subsidies and thinks about…
Massive Recall Issued for Dodge Durangos and Ram Trucks
Stellantis is recalling more than 211,000 SUVs and pickup trucks because of a software problem. This issue could make the electronic stability control systems in the vehicles stop working. The recall affects some vehicles from…
