Tag: capital

By on April 30, 2019

Faraday Future FF 91 rear

Faraday Future, the contentious automotive startup that always seems to find (and then lose) sizable amounts of cash, has announced it has once again managed to secure new funding. According to its press release, Faraday says will receive $225 million in bridge financing via a funding round led by Birch Lake Associates.

While the bulk of the cash will go towards paying off vendors, some of which have filed lawsuits, around 40 percent will be left over to help get the FF91 to market and prove the company can actually build a car. The strategy seems risky, but it may be Faraday’s best bet at this point.  (Read More…)

By on June 29, 2015

2014 Jeep Grand Cherokee SRT

Jeep is looking at global growth upwards of 20 percent this year to 1.2 million units and that’s before the brand truly ramps up in China.

Could it be possible Jeep’s success is hiding what ails other brands at the newly-formed Fiat Chrysler Automobiles?

(Read More…)

Recent Comments

  • sayahh: Thanks for this. This is the reason why some (or maybe even most) Supra fans don’t think the...
  • e46 Touring: I have a 10th gen Si. I like how it looks, fake vents and all. When I walk up to it, I think its looks...
  • dal20402: Don’t know where they’re getting the idea that the hybrid system is new. It’s essentially...
  • dal20402: For a vehicle like this, designed to carry light loads at low speeds in crowded places, I’ll take the...
  • EBFlex: There is no right spec of the Escape pickup. Much like Ford’s awful EVs, there are way too many...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber