Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Domino’s Pizza will be rolling out a fleet of ...
Tag: Autos
Elon Musk Email Was Old News. He Still Likes His Advice For Managers.
Tesla CEO Elon Musk looked to have some welcome news for investors. But it was old news. All that investors can take away from a Saturday tweet is Musk doesn’t like a lot of meetings. An email from Mu...
Renault plans to harness geothermal energy and help heat plant
A Renault logo photographed in Bavaria, Germany. The French automotive giant says it’s targeting carbon neutrality in Europe by 2040 and globally by 2050. Igor Golovniov/Sopa Images | Lightrocke...
Black Friday car deals are hard to come by even as prices soften
Newsday Llc | Newsday | Getty Images There was a time when Black Friday in the car-selling business meant a flurry of big sales events at dealerships whose lots were full of new vehicles. These days, ...
Russia relaunches Soviet-era Moskvich car brand using a former Renault plant
The relaunch of Moskvich vehicles comes as Russia strives for a self-sufficient economy as the country’s finances continue to be choked by sanctions and other ramifications of its invasion of Uk...
NYC robotic parking systems cost luxury residents $300,000 per space
Hidden deep below some of New York City’s most luxurious apartment buildings is an exclusive world of futuristic parking spaces where high-end vehicles are parked and retrieved by robotic parkin...
Hyundai’s best years in the U.S. face an Inflation Reduction Act test
Drew Angerer | Getty Images News | Getty Images SAVANNAH, Ga. — Hyundai Motor Group is having its best years ever in the U.S. The South Korean automaker has successfully moved from bargain economy veh...
Carvana to lay off 1,500 employees following stock freefall
A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Carvana plans to lay off about 1,500 people, or 8% of its workforce, following a freefall ...
A round-trip taxi from Saudi Arabia will cost $532
A general view of the skyline from the Doha Corniche on March 31, 2022. Nick Potts – Pa Images | Getty Images DUBAI, United Arab Emirates — The Dubai-based rideshare app Careem is offering inter...
GM EV unit BrightDrop forecasts $1 billion in 2023 revenue
BrightDrop CEO Travis Katz says he’s “charged up” about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. The announcement, tied to General M...
Elon Musk Has the Next Tesla CEO in Mind. There Are a Few Candidates.
Tesla board member James Murdoch said Elon Musk knows who could run Tesla after him. It might have been a throwaway line said while being questioned in a trial. Still, it’s a chance for investors to ...
The Fisker Ocean Is a Reality. Why It’s Not Just Another EV.
Today is the day, the day when production of the all-electric Fisker (ticker: FSR) Ocean SUV begins. Fisker is not Tesla It’s a small EV start-up that will only deliver a handful of cars in 2022, but ...
Toyota unveils new Prius hybrids amid skepticism of its EV strategy
2023 Toyota Prius Prime plug-in hybrid electric vehicle Toyota Toyota Motor is not giving up on its flagship Prius hybrid anytime soon, despite investing billions in all-electric vehicles amid critici...
Ford says making its own parts for electric vehicles could offset job losses
Ford CEO Jim Farley (left) with Michael Wayland / CNBC DETROIT – Ford Motor is attempting to build as many of its own parts as possible for its electric vehicles to offset an expected 40% reduction in...
Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business
Berkshire Hathaway Vice Chairman Charlie Munger spoke highly of Elon Musk’s electric vehicle company Tesla, calling it an amazing feat in the American auto industry. “I was certainly surpr...
Why investors have jumped off the Carvana bandwagon
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC DETROIT – Last year, Carvana CEO and cofounder Ernie Garcia went on a victory lap. He touted the company’s “landmark” second-quarter resu...
XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.
Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eigh...