The myth that electric vehicles have lower costs continues to be disproven.
You can sense the panic in the air. Full size sedan sales have dropped 18 percent this year, and currently capture just 2.3 percent of the entire market. The LA Times says the sedan is “head[ing] toward irrelevance.”
The EPA claims Fiat-Chrysler installed emissions bypass software on its diesel Ram and Jeep models.
Skip Barber Racing School filed for bankruptcy on Monday with over $10 million owed to its creditors and $50 million in liabilities. The largest creditor of the lot is Lime Rock Park in Connecticut which is owed $1.225 million in rent, but they’re not the only track owed money.
There was a big management shake-up over at Ford this weekend. The company fired CEO Mark Fields and is replacing him with the head of its Smart Mobility division, James Hackett. What will this management shuffle mean for Ford? Executives are hired and fired all the time. It could be because a company isn’t performing […]
Elio Motors was supposed to completely revolutionize how the world commuted. This tiny, three-wheeled wonder promised 84 MPG at the low, low price of just $7,495. Trouble is, nobody ever saw the car, and based on its latest SEC filing, nobody is likely to.
Most people buy cars they intend to drive. There are some, however, who buy cars expecting to be chauffeured around in them while riding comfortable in the back seat. Lincoln wants to make that option easier for its customers with new Lincoln Chauffeur. The service doesn’t give you the luxury of an in-house chauffeur, but […]
How does a 12-year-old company with exactly two profitable quarters in its history get to be worth more than General Motors?
Initial quality may leave a lasting impression. Why it matters.