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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  • Kjhkjlhkjhkljh kljhjkhjklhkjh I own my house 100% paid for at age 52. the answer is still NO.-28k (realistically) would take 8 years to offset my gas truck even with its constant repair bills (thanks chevy)-Still takes too long to charge UNTIL solidsate batteries are a thing and 80% in 15 minutes becomes a reality (for ME anyways, i get others are willing to wait)For the rest of the market, especially people in dense cityscape, apartments dens rentals it just isnt feasible yet IMO.
  • ToolGuy I do like the fuel economy of a 6-cylinder engine. 😉
  • Carson D I'd go with the RAV4. It will last forever, and someone will pay you for it if you ever lose your survival instincts.
  • THX1136 A less expensive EV would make it more attractive. For the record, I've never purchased a brand new vehicle as I have never been able to afford anything but used. I think the same would apply to an EV. I also tend to keep a vehicle way longer than most folks do - 10+ years. If there was a more affordable one right now then other things come to bear. There are currently no chargers in my immediate area (town of 16K). I don't know if I can afford to install the necessary electrical service to put one in my car port right now either. Other than all that, I would want to buy what I like from a cosmetic standpoint. That would be a Charger EV which, right now, doesn't exist and I couldn't afford anyway. I would not buy an EV just to be buying an EV. Nothing against them either. Most of my constraints are purely financial being 71 with a disabled wife and on a fixed income.
  • ToolGuy Two more thoughts, ok three:a) Will this affordable EV have expressive C/D pillars, detailing on the rocker panels and many many things happening around the headlamps? Asking for a friend.b) Will this affordable EV have interior soft touch plastics and materials lifted directly from a European luxury sedan? Because if it does not, the automotive journalists are going to mention it and that will definitely spoil my purchase decision.c) Whatever the nominal range is, I need it to be 2 miles more, otherwise no deal. (+2 rule is iterative)