VW Pulled By Competing Incentive Offers For New SUV Assembly
S&P Delivers Junk Status On Tesla

Though still riding high all over equity markets, Tesla’s debt offerings took a severe hit in status when Standard & Poor’s bestowed a rating of junk status due to increased possibility of default by the EV automaker.

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Tesla: Toyota Desires Battery R&D Partnership, Panasonic Wants Gigafactory For Itself
Toyota Turns Away From Batteries, Toward Fuel Cells
Marchionne: Hybrids Will Help Chrysler Group Meet 2025 54.5 MPG Mandate

With the 2025 industry-wide fuel economy target of 54.5 mpg a decade away, Fiat Chrysler Automobiles CEO Sergio Marchionne believes “the house will make it” as far as all under the Chrysler Group umbrella are concerned, with a little help from hybridization of a number of models.

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BMW Investing In A Carbon-Fiber Future Beyond I, M Brands

On the success of a first-year sell-out of the i8 and high demand for the i3, BMW is making an additional investment into its joint venture with SGL Group, with the intention of introducing carbon fiber into models beyond the i and M collections.

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Nokia Enters Connected Vehicle Fight With $100M Investment Fund
Marchionne's Grand Vision For FCA Faces Hard Financial Road To Success

Though Fiat Chrysler Automobiles CEO Sergio Marchionne’s five-year plan announced this week may be ambitious, analysts are raising questions about how the plan will be funded — and how much will be needed — if it is to be successful, let alone live up to Marchionne’s vision.

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GM Expands Korea Design Center As Part Of Automaker's Small-Car Strategy

Over the weekend, General Motors opened their newly expanded GM Korea Design Center in Incheon, South Korea, doubling in size to prepare for new tasks related to the automaker’s overall plans for the small-car market via its Korean global hub.

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GM Sales Unaffected By Recall, Reveals China Expansion Plans

Reuters reports a lawsuit related to the 2014 General Motors recall crisis filed in federal court in California has placed airbag supplier Continental Automotive Systems U.S. at-fault for its role in the recall. Attorney Adam Levitt of Grant & Eisenhoffer proclaimed the supplier knew about the out-of-spec ignition switch at the heart of the recall as early as 2005, yet “did nothing to redesign its airbags” to deploy even when electrical power was cut, “nor did it warn NHTSA or the public.” Continental joins Delphi Automotive as the second supplier to face a lawsuit linked to the ongoing recall crisis.

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GM Invests $449M Into Next-Gen Volt Production
BMW May Build Second NA Plant To Fend Off German Rivals

In its battle against Mercedes-Benz and Audi for record sales, BMW is mulling over the possibility of a second plant in North America.

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Tesla Unveils $5 Billion Gigafactory
Panasonic, Partners Plan To Invest $1 Billion In Tesla Gigafactory

In the wake of Tesla shares hitting an all-time high of $259.20 after Morgan Stanley raised its target price to $320/share, battery maker Panasonic is gathering a few partners to go all in on a $1 billion investment in the automaker’s Gigafactory battery production plant.

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PSA-Dongfeng Deal Backed By EU, Skepticism Remains

The PSA Peugeot Citroen-Dongfeng-French government deal agreed upon by the three parties earlier this week received initial backing from the European Union, though skepticism remains as to whether the deal will bring stability to the ailing French automaker.

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  • El scotto They should be supping with a very, very long spoon.
  • El scotto [list=1][*]Please make an EV that's not butt-ugly. Not Jaguar gorgeous but Buick handsome will do.[/*][*] For all the golf cart dudes: A Tesla S in Plaid mode will be the fastest ride you'll ever take.[/*][*]We have actual EV owners posting on here. Just calmly stated facts and real world experience. This always seems to bring out those who would argue math.[/*][/list=1]For some people an EV will never do, too far out in the country, taking trips where an EV will need recharged, etc. If you own a home and can charge overnight an EV makes perfect sense. You're refueling while you're sleeping.My condo association is allowing owners to install chargers. You have to pay all of the owners of the parking spaces the new electric service will cross. Suggested fee is 100$ and the one getting a charger pays all the legal and filing fees. I held out for a bottle of 30 year old single malt.Perhaps high end apartments will feature reserved parking spaces with chargers in the future. Until then non home owners are relying on public charge and one of my neighbors is in IT and he charges at work. It's call a perk.I don't see company owned delivery vehicles that are EV's. The USPS and the smiley boxes should be the 1st to do this. Nor are any of our mega car dealerships doing this and but of course advertising this fact.I think a great many of the EV haters haven't came to the self-actualization that no one really cares what you drive. I can respect and appreciate what you drive but if I was pushed to answer, no I really don't care what you drive. Before everyone goes into umbrage over my last sentence, I still like cars. Especially yours.I have heated tiles in my bathroom and my kitchen. The two places you're most likely to be barefoot. An EV may fall into to the one less thing to mess with for many people.Macallan for those who were wondering.
  • EBFlex The way things look in the next 5-10 years no. There are no breakthroughs in battery technology coming, the charging infrastructure is essentially nonexistent, and the price of entry is still way too high.As soon as an EV can meet the bar set by ICE in range, refueling times, and price it will take off.
  • Jalop1991 Way to bury the lead. "Toyota to offer two EVs in the states"!
  • Jalop1991 I'm sorry, Dave. I'm afraid I can't do that.