Automobile
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Carvana Q4 net loss widens on debt costs; revenue surges
Carvana Co.’s fourth-quarter revenue soared amid higher unit sales, though a large outlay to restructure debt led to a higher…
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Ferrari 250 GTO-inspired GTO Engineering Moderna headed to production
England-based GTO Engineering announced it will build the Ferrari 250 GTO-inspired Moderna it released sketches of in 2020. While the…
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Mercedes doubles electric-only driving range of new C-Class plug-in hybrid
The new Mercedes-Benz C-Class sedan will have a plug-in hybrid version that can be driven in electric-only mode twice as…
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Biden addresses global microchip shortage in latest executive order
The U.S. has been besieged by supply shortages since the onset of the pandemic, which squeezed the availability of masks,…
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Magna to build $70M EV battery component plant in Mich.
Canadian auto supplier Magna International Inc. plans to invest up to $70.1 million over the next five years to build…
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Sensor maker Velodyne removes founder from chairman post following investigation
Sensor maker Velodyne Lidar Inc. said on Monday it had removed founder David Hall as chairman and his wife Marta…
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U.K. startup Arrival thinks smaller
Arrival, a U.K. electric van startup, is preparing to make prototype parts at its new R&D center in Banbury, England,…
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The ad that has dealers fighting mad
Nothing like a poke in the eye to get the competitive juices flowing. Franchised auto dealers who run on integrity…
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‘Last roll of the dice’ for a storied brand?
How JLR will achieve a reinvention with another brand-new platform on a limited budget is unclear, but cutting Jaguar free…
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Tesla stops taking orders for the entry-level Model Y
We hope you didn’t have your heart set on that brand new Standard Range Model Y. As Electrek has learned,…
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