Do investors trust Volkswagen to investigate itself and lay the appropriate blame? Not these three groups.
With the financial damage of the diesel emissions scandal now clear, three large investor groups are calling for accountability and the launch of an independent investigation, Reuters reports. Read More >
The folks at United Auto Workers are eyeing Tesla’s production targets and making plans.
The electric automaker wants to manufacture 500,000 vehicles per year in 2018, and the union wants the workers behind those EVs in its fold, according to USA Today (via Left Lane News).
Though it hasn’t announced anything officially, UAW boss Dennis Williams recently expressed interest in unionizing Elon Musk’s California assembly plant employees. Read More >
It’s easy to understand Toyota’s enthusiasm for selling 9 million hybrids worldwide since 1997. (Well, 9.014 million, but who’s counting?)
After all, have you sold 9.014 million hybrids? Don’t lie. You haven’t.
Toyota’s announcement comes as the world’s largest automaker accepts a challenge (from itself) to bring the total number of hybrid models sold to 15 million by 2020. It will do that by introducing more hybrid versions of its vehicles, then selling — it hopes — 1.5 million of them each year. Read More >
It looks like the fling between Google and Fiat Chrysler Automobiles will end up being a brief affair.
Really, it doesn’t mean anything, Google wants other companies to know. Just two self-driving Pacificas passing in the night. Read More >
Volkswagen can’t wait for the day when it doesn’t have to spend time and resources dealing with a huge, stressful scandal.
Grey skies will clear up eventually, so the automaker has 250 employees busily crafting its Strategy 2025, a plan designed to carry the company out of its darkest chapter and into future prosperity, Bloomberg reports.
Volkswagen has big, expensive (but not too expensive) things in the works, so say goodbye to the boring, sensible company you thought you knew. At least, that’s the implied message. Read More >
Everyone and their 90-year-old great aunt knows that Tesla is putting all of its might into reaching a volume target of 500,000 vehicles in 2018, but more voices are now calling CEO Elon Musk’s timeline impossible.
Musk wants high-volume production to start in less than two years, but suppliers tell Reuters that the accelerated target is a pipe dream. Will delays in parts sourcing and other nitty-gritty issues throw cold water on Tesla’s plans (and customers’ Model 3 ownership dreams)? Read More >
In the first paragraph of Car And Driver’s first full test of the 2014 Cadillac ELR, K.C. Colwell wrote, “The ELR’s entry price is nearly double that of the Volt.”
By paragraph two of the New York Times first ELR review, the Grey Lady called it, “bracingly expensive.”
AutoGuide called the ELR, “Surprisingly good, disappointingly expensive.”
Money undeniably played a big role in bringing the Cadillac ELR’s short life to an end. We knew months ago that the ELR wouldn’t make it through to a second-generation. Now we know that production of the Cadillac ELR, only 29 months after launching in December 2013, has come to an end. Read More >
Volkswagen must be enjoying watching its rival squirm on the end of the same hook.
German regulators have singled out GM’s Opel division over carbon dioxide emissions from some of its vehicles, but the automaker says it isn’t in the wrong.
Facing accusations that it used a ‘defeat device’ to shut off emissions controls, Opel must now submit information to an investigating committee. During a meeting yesterday, Opel executives admitted that the popular Zafira model has software that shuts down exhaust treatment systems at high speeds and altitudes. Read More >