Tesla initially said it would sell the Cybertruck in three configurations: A single-motor version with more than 250 miles of range, starting at $39,900 (all figures in USD). A dual-motor model with more than 300 miles of range, starting at $49,900. And a tri-motor iteration with more than 500 miles of range, starting at $69,900….
Lithia said it sold Bentley of Denver-Lotus of Denver, previously housed in its Ferrari of Denver dealership in Highlands Ranch, Colo., to John Elway Dealerships on June 8. Lithia acquired the exotic and ultraluxury dealership in December. Lithia plans to complete a full remodel of the Ferrari store consistent with the automaker’s new image program,…
Fisker Inc. intends to assemble vehicles in China as early as next year to gain a foothold in the world’s largest electric vehicle market. The EV maker plans to open a delivery center in China later this year and start sales of its first product, the Ocean full electric crossover, in the first quarter of…
General Motors’ new Canada-based critical-minerals expert says the automaker has the local battery-cell manufacturing capacity to supply all of the electric vehicles it will build in North America by 2030. Local sources of critical minerals, however, are proving difficult to come by. Simon Thibault, who recently joined GM as EV critical-minerals leader for global purchasing…
Family members were front and center at a morning ceremony, including Toyoda’s son and current Toyota Chairman Akio Toyoda, his widow Hiroko and his daughter Atsuko. Also on hand was Toyoda’s grandson Daisuke, an executive at Toyota’s software subsidiary, Woven by Toyota. At multiple services throughout the day, Toyota executives, Japanese business leaders, diplomats, politicians…
Kia’s upbeat outlook comes amid increasing enthusiasm for EVs across the industry as automakers from Japan to Europe and the US raise sales expectations amid stronger customer interest and government regulations and subsidies that promote the technology. The shift to electrification will also help Kia move its upmarket brand image, Song added. “In 2021, Kia…
Volkswagen Is Reportedly Removing Its Design ChiefULI_SONNTAG/VW Volkswagen will replace its current design chief Jozef Kaban, Automotive News Europe’s affiliate Automobilwoche reports. The designer’s work reportedly hasn’t impressed new VW CEO Thomas Schaefer, and as a result, he’ll reportedly be replaced by Bentley design boss Andreas Mindt. Kaban has been the head of Volkswagen design…
Haig noted that most Land Rover dealers did end up acquiring nearby Jaguar stores and then built new, combined facilities. But dealers who made that investment and now decide to give up the Jaguar brand have a few options for what to do with the empty half of the showroom. Andy Vine, a Jaguar Land…