Former Lordstown CEO Given Permission to Buy Back Company Assets for $10 Million
Ohio-based Lordstown Motors has received approval from the U.S. Bankruptcy Court to sell its remaining manufacturing assets to a company owned by its founder and former CEO Stephen Burns for roughly $10 million.
LAS Capital, owned by Stephen Burns, will reportedly receive Lordstown's intellectual property, business data, and any machinery used for manufacturing. However, Taiwan’s Foxconn will retain the factory itself after a financial dispute which ultimately left Lordstown filing for bankruptcy last June.
Stellantis Canceling CES Tech Show Presentation, Blames UAW Strike
Stellantis has announced plans to forego the 2024 CES trade expo on the grounds that it needs to save money while the UAW strike remains in progress.
Americans Miss Pontiac More Than Any Other Defunct Car Brand
Like all industries, the automotive world has seen tons of change over the last several decades, and an unfortunate side effect of the evolutionary process has been the closure of several once-popular car brands. Here in the U.S., car nerds mourn the loss of brands like Saab, but it might be surprising to learn the brands that enthusiasts in other countries pine over.
GM's Orion Assembly Reopening Delayed Until Late 2025
The UAW strike is dragging on, but automakers still have everyday business problems to deal with, like how to produce millions of electric vehicles and sell them. It turns out that the “other” problems are just as serious as the strike, and General Motors’ recent announcement is a great example. Earlier this week, the automaker noted that it would push production of its upcoming electric pickup trucks back at one of its Detroit-area facilities.
NHTSA Launches Safety Investigation Into GM's Cruise
General Motors’ Cruise may be one of the first companies in the world to field driverless vehicles as part of a commercial endeavor. But this doesn’t appear to have endeared the brand to everyday people. The business appears to be loathed by San Franciscan residents and emergency response crews, who have only gotten angrier since state regulators allowed the business to expand operations.
Sustained reports of mishaps and injuries involving the vehicles has encouraged the National Highway Traffic Safety Administration (NHTSA) to launch a preliminary investigation into the company — which may also explain why Cruise just issued a press release explaining how it’s going to remedy all of the above.
GM's Cruise Robotaxi Workaround Has First Responders Moving Wayward Autonomous Cars
Companies hoping to press autonomous vehicles into service on public roads have a long way to go to convince governments and local residents that everything will be fine, and the number of high-profile accidents in test cities isn’t helping. General Motors’ Cruise has been testing AVs in San Francisco for a while, but the company’s vehicles have been involved in a number of incidents with first responders, in which they block or delay rescue workers’ ability to help people. The company is looking at ways to improve the situation and recently penned a blog post to explain the path forward.
Gas-Powered Audi RS Models to Continue on Dedicated Platforms - For Now
As part of the VW family, Audi is going electric sooner rather than later, but it’s not entirely ready to give up on combustion. The automaker recently confirmed that the company’s RS performance vehicles would be split across gas and electrification and that the two would ride on different architectures.
Ford Executive Chair Bill Ford Asks UAW to End Strike
Ford Motor Company Executive Chairman Bill Ford has asked union members to come together and end the UAW strike before it hampers the business’ ability to invest in future products and facilities.
While it’s relatively uncommon to see top-ranking automotive executives discuss contract negotiations in the midst of a strike, the UAW has taken a decidedly more aggressive approach this time around and General Motors CEO Mary Barra has also made some public comments on the matter. Ford’s tactic seems to be split between hoping to evoke some public sympathy and having leadership issue veiled threats about future employment opportunities.
Report: Couple Charged $20K After Their Tesla's Battery Got Rained On
A couple in Scotland expressed sticker shock after facing a bill of about 20,000 U.S. dollars to have their Tesla fixed when the battery was damaged by rain.
2020-2022 Ford Explorer Being Recalled Over Rollaway Risk
Ford is recalling 238,364 Explorer SUVs over a defect that could result in a loss of motive power or possible rollaway risk. The issue stems from an issue with the subframe bushing and a rear axle bolt. Based on documents filed with the National Highway Traffic Safety Administration (NHTSA), Ford is worried that the rear axle horizontal mounting bolt may fracture under heavy torque loads.
Nissan Updates Rogue, Adds Tech and Tweaks Styling
As the calendar flips to 2024, Nissan is throwing some revisions at its bread-and-butter crossover. Appearance, in-car tech, and cabin materials are all getting a critical eye.
Retro Styling Kit Appears for the Toyota Tacoma
If you’ve always wanted your last-gen Toyota Tacoma to look like a Land Cruiser from the 1980s, a company based in Japan has just the solution for you.
Report: China’s Chery Considers U.S. Market Yet Again
Chinese state-owned automaker Chery is reportedly still looking to the United States as a possible point of expansion. But this isn’t the first time the brand has said so.
Chery had plans to break into our market back in 2005 and supposedly had things lined up to import a limited supply of its Exeed crossover in 2020 before the world went haywire. Things have been left intentionally vague this time around, with the company only saying that it would like to move product here eventually.
The Lexus IS Gets Modest Updates for 2024
The Lexus IS is going on a decade without a significant update, and 2024 won’t be any different. Lexus announced changes for the new model year, and they’re limited to new trim and appearance packages.
The EV6 Will Lead Kia's Transition to Tesla Superchargers
Tesla may sell more EVs than any other American company, but its real asset is its charging network. The automaker’s Superchargers are among the most reliable and intuitive chargers anywhere, and other companies are lining up to join the party. Kia is one major automaker signing on to Tesla’s Supercharger network, and the company recently announced that the EV6 would be the first to get the EV maker’s North American Charging Standard (NACS) plug.
2024 Mercedes-AMG GLA 45 S Receives Mild Refresh
With Mercedes-Benz having updated volume models GLA family earlier this year, everyone knew it was a matter of time before changes were made for the high-performance AMG variants. But how much would change was the big question. With Mercedes having promised to electrify everything new AMG produced from 2025 onward, the model is poised to become an EV during its next re-imagining.
This is reflected in the refresh. The 2024 Mercedes-AMG GLA 45 S 4Matic+ doesn’t see a lot of mechanical changes and has instead adopted some new styling cues and updates to the interior.
UAW Launches Surprise Strike Against Ford Kentucky Truck Plant
The United Auto Workers (UAW) launched an unexpected strike against Ford Motor Company, targeting its extremely important truck works in Kentucky. While the plan was always to gradually turn up the volume on the industry, hoping to extend the union strike budget while inflicting the maximum desired effect on automakers during contract negotiations, this decision represents a major blow against Ford.
Those pickups are incredibly important to Blue Oval’s bottom line and the UAW knows it better than anyone. In fact, Ford has already released a list of 13 plants that will be impacted by the latest action taken by the union. Layoffs and potential work stoppages are anticipated in the days to come.
Jaguar Rolling Out One More Special Edition Before Killing the F-Type
The rumors of Jaguar’s demise may be overblown, but the automaker is slimming its lineup ahead of going electric in 2025. One unfortunate victim of that transition will be the F-Type, Jag’s lone sports car, but before it goes, the company is releasing one more special edition.
Toyota is Closing in On an Automatic Transmission for GR Yaris
Look, we can be elitist enthusiasts about many things, but screaming into the void about how manual transmissions are the only “true” option is pointless and wrong. There are plenty of people who have legitimate reasons why owning and driving a manual-powered car would be impossible, and Toyota seems to recognize that – at least with one of its vaunted GR performance cars.
Tesla Offering Seven New Colors, Factory Wraps
Tesla is adding seven new colors for Model 3 and Model Y vehicles sold in the United States. However, it’s not new paint you’ll be getting. The automaker has instead decided to utilize urethane-based wraps similar to vinyl wraps available on via aftermarket companies. While this is a convenient way for the automaker to offer new colors without having to upgrade factory paint booths, Tesla is asking quite a bit of money for these wraps.
This $15,000 Lift Kit Will Take Your Tesla Model Y to the Clouds
Do you own a Model Y? Do you own a Model Y and wish it could do cool off-road activities? If you answered “yes” to those questions, check out this $15,000 kit to raise the electric SUV by several inches.
Magna's New Seating Material is 100 Percent Recyclable
Automakers have increasingly moved toward sustainable and recycled materials to bolster the “green factor” of the latest models, and now suppliers are getting on board. Magna, one of the world’s largest automotive suppliers, recently announced a new line of seats made with 100 percent recyclable materials.
Mopar Teases Electric Crate Swap, Maybe
The annual SEMA show in Las Vegas is rapidly approaching, meaning car companies will surely be dangling umpteen teaser images of what they’ve in store for this soirée in the desert. Stellantis is usually good for an outrageous reveal or three, and they’ve started off this year with an electrified bang.
Mercedes-Maybach Planning Luxury Balloon Trips to “Space”
With rich people now wealthier than ever before, they need ways of spending that money that are novel, effective, and allow them to flex on their peers. One of the preferred ways of doing this in the modern era is by taking trips beyond the Earth’s atmosphere. It’s something SpaceX, Virgin Galactic, Blue Origin, and Boeing have been working on. But they’re about to get some new competition from Mercedes-Benz.
Unifor Strike Targets General Motors in Canada
While the United Auto Workers (UAW) decided to implement an aggressive strike campaign that bucks some of the historical trends American union leadership feels did not serve the cause in the past, Canada’s Unifor has vowed to take a more measured approach during its contract negotiations with the industry. However, that does not mean simply rolling over for automakers in order to strike any old deal.
Last week, Unifor criticized General Motors for failing to meet important elements of its pattern agreement with Ford Motor Company. With both sides failing to make any tentative agreements by the Monday deadline, Unifor has announced plans to strike in Ontario — hindering the company’s ability to manufacture light and heavy-duty pickups.
Risque Detroit Businesses Give Discounts to Striking UAW Members
United Auto Worker members don’t go completely without pay during a strike, but they’re certainly not getting their full salaries. Workers get a $500 per week stipend from the union, but that doesn’t go very far in today’s ultra-expensive world. Two Detroit-area businesses are looking to help stressed-out, cash-strapped UAW workers with unique discounts for recreational marijuana and visits to the gentleman’s club.
The Kia EV9 Starts at Around $55,000 and Goes On Sale in Late 2023
Kia has a hit on its hands with the EV6, the first in a line of unique, futuristic electric models. The larger EV9 is coming soon, with reservations opening next week, and Kia recently announced pricing for the upcoming electric family hauler.
Another Massive Airbag Recall Peers Over the Horizon
Just when it looked like the Takata airbag inflator recall was finally wrapping up, U.S. safety regulators have indicated that 52 million inflators made by ARC have likewise been placed under consideration for recall. The circumstances are unpleasantly familiar. Like the Takata units that ran the risk of spraying cabin occupants with deadly shrapnel during a crash, the ARC inflators may also pose a serious risk to those they’re supposed to save.
Nissan Recalls Almost 10,000 Ariyas for Unexpected Loss of Power
The Nissan Ariya had early delays that softened what could have been a significant EV release for the automaker, but the reviews are generally positive, as most are impressed with its cabin quality and comfort. Despite that, the SUV is facing a recall of almost 10,000 units for an issue with its software that could cause an unexpected shutdown.
JDM Mazda MX-5 Miata Updated
Mazda’s iconic roadster has undergone some changes in Japan for the 2024 model year that should likewise underpin the variant slated for our market. While some of this pertains to updated safety tech few MX-5 owners are likely to care about, there are also a host of mechanical upgrades that should actually make it a better performance machine.
Lucid Debuts Cheaper Air Sedan to Boost Demand in Late 2023
With inflation and the job market being as challenging as it is today, it shouldn’t come as a surprise that some companies selling high-end products are having difficulty appealing to broad swaths of the American public. Lucid is one such company, and the automaker is coping with a slide in demand by offering less expensive versions of its vaunted – but very pricey – Air sedan.
Subaru Introduces WRX TR, No Longer a Stripped Base Trim
Set to be shown in person at tomorrow’s Subiefest in Florida, the new Subaru WRX TR adds a yaffle of performance-grade components to this boxer-engined all-wheel drive package.
Is Rivian Still Spending Billions Now to Make Billions Later?
Rivian lost an estimated $33,000 on every pickup it sold in the second quarter of this year, which is kind of impressive considering the cheapest model it sells still goes for a sizable $73,000. Considering its lofty initial public offering (IPO) and enviable product specifications, some are wondering why the company isn’t in better shape.
Though Rivian is hardly alone in selling cash-hemorrhaging electric pickups and SUVs. Ford is on track to lose $4.5 billion on EVs by year's end and is supposed to be underwater by more than $32,000 per average all-electric transaction. Frankly, it doesn’t look like any brand other than Tesla has managed to find a way to make volume electrification work in its favor.
GM Returns to Europe With Electric Crossovers
In 2017, General Motors sold Opel and Vauxhall to Frances PSA Group — which later merged with Fiat Chrysler to form Stellantis — basically ending its involvement with the European market. However, the company vowed a return in 2023 and that’s now taking place in Switzerland.
Alfa Romeo Announces Quadrifoglio Carbon Editions for 2024
Though electric vehicles can be brutally quick and offer staggering performance, there’s nothing like the sound of a howling exhaust and a rowdy gas engine. The Alfa Romeo Stelvio and Giulia Quadrifoglio have one of the best-sounding V6 engines around, and the automaker recently announced a new appearance package for the pair that brings sinister styling to the supremely powerful Italians.
Hyundai Latest to Jump on NACS Bandwagon
In what must surely be some of the least surprising automotive news you’ll read today, the corporate duo of Hyundai and Genesis have announced they will be adopting the North American Charging Standard for its EVs. This change will debut in the final quarter of next year.
Toyota Trademark Could Preview Cool New EVs
After a slow start, Toyota appears primed for action, with new EVs coming in the next few years. A recent trademark application surfaced on the bZ forums, suggesting one of them could be a boxy electric off-roader or sports car.
Toyota 4Runner Fans Will Have to Wait Until 2025 for an Overhaul
The Toyota 4Runner may be a formidable off-roader with legendary capability and longevity, but the fifth-generation model introduced way back in 2009 is far from modern or refined. That won’t change for 2024, as Toyota is not giving the 4Runner a makeover like it did the Sequoia, Tacoma, and Tundra.
NY Judge Pauses Ford’s EV Dealer Requirements
A New York judge has halted Ford and Lincoln from instituting a specific set of requirements before allowing dealerships to sell the brands’ all-electric vehicles. This comes after five stores operating within the state launched a lawsuit against Ford Motor Co. for introducing a new certification process for EVs. The issue was that the automaker was asking too much from dealerships and effectively favoring those with deeper pockets by forcing changes that required significant financial investments.
Ford introduced its tiered dealer program nearly twelve months ago, splitting stores interested in selling electric into “Model e Certified Elite” and “Model e Certified.”
American Auto Sales Continue to Rebound in Q3 2023
With massive improvements in available inventory – and a strong demand despite gonzo interest rates – vehicle sales were very robust last quarter and indeed for the entire year to date. In fact, if it weren’t for Stellantis, our chart would be green across the board.
Government Auctions Dozens of Cars Seized From YouTuber
It’s easy to believe the hype you see on Instagram and YouTube is real, and younger audiences often hold the people on those channels and accounts up as role models. Of course, as it turns out, influencers can be pretty crappy people, just like anyone else. This auction for 32 cars seized from a YouTuber shows how far some people are willing to go to maintain their flashy on-camera lifestyles.
FIA Approves Andretti and Cadillac for Formula One
The Federation Internationale de l'Automobile (FIA) has confirmed that Andretti Formula Racing LLC has been granted approval to join Formula One. While Micheal Andretti first announced plans to have the family racing team join the F1 grid in 2022, FIA hadn’t taken the matter under serious consideration until the following year.
The FIA officially launched an application process to identify prospective teams by early 2023. Knowing that F1 was eager to continue drawing fans in the United States, Andretti immediately announced a partnership with Cadillac. We previously speculated that being backed by General Motors would make all the difference for Andretti Autosport.
UAW Strike News Roundup
With the United Auto Workers (UAW) still striking, there have been some minor updates. Though nothing that’s likely to result in any major changes.
The union has submitted a response to a General Motors offer as picketing continues against all three Detroit-based automakers, Ford is laying off an additional 300 employees due to supply chain complications created by the strike, and the UAW has successfully negotiated a tentative deal on its 5-year contract with Mack Trucks.
Flash Mob: Ford Introduces F-150 Lightning Flash
Yes, I had to check the calendar to learn if this is April Fool’s Day. It is not. Ford announced this morning a new trim for their all-electric pickup truck. It has an extended range (320-mile) battery, popular equipment, and a price tag right at $70,000.
Pedestrian Trapped Under Cruise Vehicle in San Francisco
On Monday, a pedestrian ended up being trapped beneath an autonomous test vehicle owned by Cruise. The incident took place in San Francisco (Fifth Avenue just south of Market Street) and has already become the subject of some rampant speculation as the company hopes to avoid another public relations nightmare.
Cruise quickly put out a series of statements via Twitter (now X) claiming the pedestrian was actually tossed in front of their robotaxi after being struck by a hit-and-run vehicle that was traveling in the accompanying lane. While the investigation is technically ongoing, numerous media outlets have run with the premise after having seen the on-board footage.
Some IPhone 15 Owners With BMWs Report Damaged Devices From Wireless Charging
Apple has no trouble selling every new iPhone unit it can make, but the tech giant has run into quality and usability issues with fresh tech over the years. There was the “you’re holding it wrong” debacle with the iPhone 4 way back in 2010, and subsequent models have faced questions over durability. Now, iPhone 15 early adopters who own BMW models with wireless phone charging are finding that their cars are frying their new phones.
Lobbyists Estimate Billions in Fines If New Fuel Economy Rules Adopted
A letter from talking heads at an outfit called the American Automotive Policy Council outlines what it estimates billions of dollars in fines could be levied at companies like General Motors and Stellantis if a government proposal to hike fuel economy standards through 2032 is adopted.
Elon Musk Sued for Spreading Conspiracy Theories on Twitter/X
Elon Musk’s Twitter – umm, X – finger has led him into quite a bit of controversy over the years, including some that ended in the courtroom. Earlier this year, Musk echoed claims that a California college student was involved in a public confrontation between two neo-Nazi groups in Oregon. That turned out not to be true, but the Tesla CEO tweeted about it anyway, and the victim at the center of the hoax is now suing.
U.K. Dealer Sells 'Death Trap' Twice, Faces Jail Time
The United States doesn't have a monopoly on shady car dealerships.
Volkswagen Temporarily Cutting Production of European EVs
Volkswagen intends to temporarily limit production of the SEAT Cupra Born and its very own ID.3 EV in October. The company has cited market forces as the cause, noting that its Zwickau and Dresden plants in Germany would be throttled down for a couple of weeks.
Hyundai Adds GV80 Coupe to Lineup
If, like us, you often recoil in horror when automakers add the word ‘coupe’ to a four-door SUV or crossover, it’s best to look away right now. Genesis has fallen to the trend, adding a swoopy-roofed GV80 Coupe to its range as part of a refreshed GV80 lineup.
Toyota Announces an Ultra-Plush Tundra 1794 Limited Edition for 2024
Automakers have capitalized on the American truck craze with ever more expensive luxury and off-road models. Toyota hasn’t gone as overboard as most, but its recent redesign of the full-size Tundra ushered in a new era for the auto giant. The 1974 Edition has long been a plush, leather-packed entry near the top of the Tundra lineup, but Toyota announced a new Limited Edition variant that pushes the 1794 deeper into premium territory.
UAW Announces Another Strike Expansion
The United Auto Workers (UAW) has decided to broaden its strike on Friday. This week’s targets include Ford’s Chicago Assembly Plant, responsible for the Explorer and Lincoln Aviator, and General Motors’ Lansing Delta Township Assembly, responsible for the Chevrolet Traverse and Buick Enclave.
Stellantis managed to dodge the bullet this time around, with union leadership citing progress made in contract negotiations. It seems the union liked what the automaker had to say regarding the right to strike over plant closures and cost-of-living adjustments. Ford managed to achieve something similar last week. But with the UAW hoping to pit the companies against each other by subjecting them all to strikes, it was inevitable that Blue Oval would be back under union scrutiny.
Long Live the Wienermobile: Oscar Mayer Ditching Frankmobile Name
Change is inevitable and can be a great thing for business growth. Even so, making significant changes without considering their impact can break more than it fixes, which is how Oscar Mayer ended up where it is today. The iconic wiener brand recently – as in, just four months ago – announced that it was changing the name of its most recognizable marketing tool but is now rolling that decision back.
Honda Previews the 2024 Prologue
Honda has formally unveiled the all-electric Prologue, indicating that the brand hasn’t given up on electrification. The midsize crossover boasts an agreeable estimated range of (up to) 300 miles and is designed to cater to more mainstream tastes.
As a preeminent manufacturer of modestly sized combustion engines, it makes sense that the company would want to stick to what it knows best. Like several other Japanese brands, Honda has been hesitant to embrace electric vehicles with the same zeal as its European or American rivals. However, external pressures are beginning to force the issue, and this seemed an agreeable solution for the company.
Subaru Promises WRX TR Will Be ‘Enthusiast-Focused’
Fans of the Exploding Galaxy will be interested to learn the company is bringing back a TR variant of its WRX. When last seen about 15 years ago, the TR stood for ‘tuner ready’ – essentially a base WRX with a few deleted features and lower price tag.
Mercedes to Roll Out Level 3 Semi-Autonomous Driving Systems in 2024
Marketing buzzwords and questionable advertising practices have led many to believe that self-driving cars are a real thing that people can go out and buy today. However, despite the fact that some automakers literally call their driver assistance tech “self-driving,” there are precisely zero fully autonomous cars on sale. While it will be years before truly self-driving cars become a reality, automakers are developing more advanced systems that have much of the autonomous experience with some caveats. Mercedes is set to be the first company to offer a Level 3 system, which enables hands-free driving in most situations but requires a human’s attention at all times.
Fire Risk: Hyundai and Kia Recall More Than Three Million Vehicles
Though EV fires receive a tremendous amount of attention in the news, they are far less common proportionally than gas vehicle fires. Sure, we’ve seen a few massive recalls for EV fires in recent years, including a massive campaign involving every Chevy Bolt and Bolt EUV made between 2017 and 2023, but gas vehicles are still more likely to catch fire. Hyundai and Kia are the latest manufacturers to issue a fire-related recall, this time for millions of gas vehicles with faulty hydraulic electronic control units (HECU) and antilock brake modules.
Ferrari Patents Augmented Reality System Designed to Merge Real and Virtual Racing
Ferrari has filed a patent with the United States Patent and Trademark Office that leverages augmented reality to allow real-world racing to crossover into the virtual realm. By using wireless networks and the real vehicle’s positional data, Ferrari thinks it can replicate it on screens at home with a high degree of accuracy.
But the really slick stuff comes into play once that experience is replicated the other way round. The special interface device the automaker has filed its patent for also replicates virtual vehicles competing against it via an advanced head-up display (HUD) and some feedback features made possible by electronic controls.
Lawmakers Demand Details On Ford’s Battery Partnership
The chairs of three U.S. House of Representatives committees have demanded Ford turn over documents pertaining to its partnership with Chinese battery company Contemporary Amperex Technology Co. Limited (CATL) while threatening to call in CEO Jim Farley to testify before Congress.
This comes after Ford elected to pause work on its $3.5-billion Michigan battery plant using technology. While the official reason given was that the facility may not be able to operate competitively depending on how contract negotiations progressed with the United Auto Workers, there seems to be members of Congress fretting over the prospect of U.S. tax subsidies benefiting Chinese businesses.
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