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Hyundai Motor’s newest all-electric vehicle is the 2026 Ioniq 9 SUV â a three-row, up to seven-passenger SUV for the U.S. market. The new vehicle is Hyundai’s largest EV entry to date, joining the smaller Ioniq 5 and Ioniq 6 all-electric vehicles in the carmaker’s growing fleet. The Ioniq 9 is expected to arrive in […]
Hyundai reveals all-electric Ioniq 9 three-row SUV Read More »
Prospective car buyers considering an electric vehicle may need to act fast to get a Biden-era EV tax credit worth up to $7,500, due to the likelihood that President-elect Donald Trump and Republicans on Capitol Hill will axe those savings in tax negotiations next year, according to auto and legal experts. “There’s no question there’s
DETROIT â Stellantis is delaying the launch of its Ram electric pickup trucks from this year until the first half of 2025, as the trans-Atlantic automaker continues testing the vehicles. CEO Carlos Tavares on Tuesday declined to disclose details about what caused the delays or specific timing on the electric trucks, which include an all-electric
Stellantis delays Ram electric pickup trucks until 2025 Read More »
CNBC’s Jim Cramer made the case for owning Tesla stock, saying it’s worthwhile not because President-elect Donald Trump reportedly wants to relax U.S. self-driving rules, but because of CEO Elon Musk himself. “While I don’t buy the national self-driving mandate, I think nothing truly dulls the case for owning Tesla,” he said. “The Musk premium
Jim Cramer says 'nothing truly dulls the case' for owning Tesla stock Read More »
Tesla shares jumped on Monday following a report that President-elect Donald Trump’s transition team are planning to make a federal framework to regulate self-driving vehicles a top priority for the U.S. Transport Department. As of 6:11 a.m. ET, Tesla stock was up 7.98% in U.S. premarket trading after the release of the Bloomberg News report,
DETROIT â General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the decision. The layoffs, which were announced Friday morning to those impacted, were across the business. Some were due to poor performance, while others
GM lays off 1,000 employees amid reorganization, cost-cutting Read More »
DETROIT â Hyundai Motor Co. on Thursday named Jose Munoz as the next president and CEO of the South Korean automaker, effective Jan. 1. Munoz, an auto industry veteran who rose through the company’s North American ranks, will succeed current President and CEO Jaehoon Chang, who is being promoted to the vice chair of Hyundai
Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1 Read More »
New York Gov. Kathy Hochul gave the green light Thursday to relaunch the drive for congestion pricing in New York City, a first-in-the-nation plan aimed at reducing gridlock by imposing a $9 toll on most vehicles entering the core of Manhattan during peak hours. Hochul made the announcement four months after she put the brakes on
New York City revives congestion pricing plan to end gridlock Read More »
Britain’s motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country’s costliest consumer banking scandal. The burgeoning crisis stems back to a landmark judgement from the U.K.’s Court of Appeal in late October, when the court ruled it was unlawful for car dealers to receive bonuses from
Tesla is recalling 2,431 Cybertrucks to replace defective drive inverters, according to notices made public by the National Highway Traffic Administration on Wednesday. It’s the sixth recall of the Cybertruck since the angular steel pickup went on sale about a year ago. The Cybertruck sells in the U.S. for a base price of around $80,000.
Tesla initiates sixth Cybertruck recall in a year Read More »
