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Tesla founder and CEO Elon Musk plans to turn off the free electricity taps at his company’s Supercharger stations for owners of the upcoming Model 3.
Musk made the announcement last night during a question and answer session at the company’s annual shareholders meeting.
Paying to use the Tesla-financed recharging network isn’t something the roughly 373,000 reservation holders want, but the decision comes down to basic economics, said Musk. Read More >
Modern technology helps vehicles avoid collisions and prevents injury, but the potential for a deadly collision inside the vehicle is being overlooked, some say.
Seat back collapses have killed or seriously injured 100 people since 1989, a CBS News investigation found, and lawmakers in Congress are now joining victims in calling for action. Read More >
A top Nissan executive is packing his bags and getting ready to take on Mitsubishi’s shadowy and scandal-prone technology arm.
Yesterday’s reports proved true, with Mitsuhiko Yamashita, Nissan’s chief technology adviser, announced today as Mitsubishi’s new head of research and development. He will take on the position starting June 24.
There’s a tough job waiting for Yamashita. Read More >
In this play, Nissan is President Jimmy Carter and Mitsubishi is a bankrupt New York City.
Now that it has control of Mitsubishi, Nissan wants the scandal-plagued automaker to “heal thyself,” but it’s sending a guy over to make sure it happens, sources tell Reuters. Read More >
Look up, waaaay up.
Human redwood and former Canadian junior hockey star Reid Bigland adds yet another set of responsibilities to his resume thanks to an executive shuffle at FCA.
Bigland replaces Harald Wester as CEO of both Alfa Romeo and Maserati brands effective immediately, though Wester retains his Chief Technology Officer position with the group. Both men will continue to sit on the Group Executive Council, which has increasingly insulated Sergio Marchionne from regional brand operations.
Read More >
It beats hooning your mom’s Honda Odyssey.
A teenager took the top spot in the first three races of the Toyota 86 Racing Series this past weekend, beating back the 38 entrants in the fledgling event.
Former kart champion Cameron Hill’s win is exactly what Toyota had in mind when it crafted the three-year series. Designed as an entry point for up-and-coming drivers, the series pits up to five professional drivers against a field of amateurs, with training being top of mind. (Though a $125,000 prize pool sweetens the deal). Read More >
Did this Romanian driver have his seat in the full, upright position (and seatbelt fastened) before his vehicle hit cruising altitude?
The brief blip that showed up on radar screens earlier this month turned out to be a compact hatchback making a Dukes of Hazzard-worthy leap over a roundabout. Read More >
Perplexing. Mysterious. But most of all, masculine. If Matthew McConaughey wasn’t already human, he’d be a cologne.
Everyone’s favorite slow-talking actor is back, and he’s ready for more puzzling and cerebral Lincoln ads. What unfathomable essence lurks within the heart of this man, you ask. Read More >
It’s billed as the affordable electric car of the future, but 12,200 reservations have dropped off the Tesla order list since the company’s Model 3 came on the scene.
The new tally was revealed when Tesla announced plans to raise $1.4 billion through a share offering to boost its financial standing, Bloomberg reports.
Since orders opened, 4,200 duplicate reservations have been erased by the company, and 8,000 customers have backed out of their purchase. That leaves 373,000 reservations on the books, each backed by a $1,000 check. Read More >
On the heels of a stop sale order and subsequent rush to reprint Monroney stickers with correct EPA fuel economy ratings, General Motors is working on a plan to compensate buyers of the 2016 Chevrolet Traverse, GMC Acadia and Buick Enclave.
Seeking to smooth any ruffled feathers, GM expects to announce a plan to dealers and customers within the next seven days, according to Automotive News.
That assurance isn’t enough to placate some owners of the full-size crossover, as GM was slapped with a prospective class-action lawsuit on Tuesday. Read More >