Pras Subramanian

Delta is doubling down on its TechOps business, opening a brand new jet engine repair facility with partner Pratt & Whitney in Atlanta.

Tesla is sending out invites to its highly anticipated Investor Day on March 1st, but CEO Elon Musk says there will be more to come — his Master Plan part 3.

GM and chipmaker GlobalFoundries (GF) announced a long-term, direct chip supply deal for GM’s automotive needs. The chips will come from a GF’s chip facility in upstate New York, which the companies say will fuel a dedicated “capacity corridor” for GM’s chip supply.

It appears there’s a ‘relentless bid’ for high-end luxury goods.

It was a mixed picture for the autos market as prices overall ticked up slightly month over month in the U.S. in January. The BLS reported in its January CPI report that new vehicle prices rose 0.2% (up 5.8% y-o-y), and used vehicle prices fell 1.9%, (down 11.6% y-o-y). While used prices have fallen for seven straight months, new car prices have steadily risen every month since March 2021 (using revised CPI).

In a blow to the company’s growing EV ambitions, Ford today confirmed it is halting production and shipments of its F-150 Lightning electric pickup due to a potential battery issue.

Tesla shares are dropping after the National Highway Traffic Safety Administration (NHTSA) announced the automaker would recall 362,758 Tesla vehicles due to safety issues with its Full Self-Driving (FSD) beta software.

Mercedes-Benz Group reported another strong year in 2022, reporting growth in revenue and earnings, but warned economic concerns could weigh on 2023 results.

Lucid shares are sliding following the EV-maker’s huge revenue miss for the quarter, though it did report a smaller loss than expected.

Tesla shares have been rallying well into 2023, and it’s for all the right reasons, at least for investors who took a bath last year.

Ducati is coming off yet another record-breaking year for sales both globally and in the U.S., the brand’s number two market behind Italy. And thus far 2023 is no different.

Coming off another record setting year in the U.S., and a successful IPO, German sports and luxury car brand Porsche would have a tough time topping a strong 2022. But Porsche being Porsche, resting on its laurels isn’t enough. It isn’t part of the brand DNA.

Polestar, the Swedish-based EV-maker backed by Volvo and Geely, is on a big roll. The company reported strong fourth quarter earnings, reporting a narrower loss than expected, and revenue that jumped 84% from a year ago.

Tesla shares are sharply lower following its Investor Day presentation last night, where the automaker addressing topics like Musk’s “Master Plan 3” and vehicle design evolution, but did not reveal a design or specifics about its “generation 3” upcoming car.

Volkswagen’s Scout Motors brand is capitalizing on its U.S. roots, with an EV twist. Scout Motors, named after the spunky off-roader built by now defunct International Harvester, will build its all-electric adventure vehicles from brand new $2 billion plant located in South Carolina. The plant will eventually employ 4,000 workers, and have an annual capacity of 200,000 EVs a year by the time it is up and running. Scout Motors says production will start in 2026, and teased images of two of of its…

Rivian shares are sliding today as the EV-maker announces plans for a “green” debt offering. Rivian says it intends to sell $1.3 billion worth of “green” convertible senior notes due in 2029, with the option to grant an additional $200 million worth of convertible notes to the original purchasers.

New data shows used car prices which surged during the pandemic, are now stubbornly remaining there despite recent weakness in the market.

Porsche on Monday issued its global 2022 results, with record revenues driving growth, especially in territories like the U.S. and China. Porsche’s global revenue for 2022 hit a record $40.22 billion (37.6 billion euros), up 13.6% from a year ago, with operating profit jumping over 27% to $7.27 billion (6.8 billion euros). Overall deliveries of just under 310K vehicles and automotive net cash flow also set new records. Results were driven by strong growth in the U.S, the U.K., and China despite…

On Tuesday the White House unlocked the latest stage of its $7.5 billion national EV charging network, opening applications to fund electric vehicle charging in local communities nationwide, as well as along designated highways, interstates, and major highways. This of course is a key step towards the administration’s goal of building a national network of 500,000 public EV charging stations by the year 2030. The program, part of the bipartisan infrastructure legislation signed into law last yea…

If you love cars, and you watch a lot of YouTube, then you know Doug DeMuro. DeMuro has reviewed cars and written about the auto industry for some time now, but his real claim to fame stems from his YouTube channel, where his earnest, no frills, in-depth and entertaining car reviews have afforded him a legion of fan. DeMuro’s channel has over 4.6 million subscribers to date, and his more popular videos garner millions of views each. DeMuro’s internet stardom hasn’t kept him from shunning other p…