Once a popular meme stock candidate, Mullen Automotive, Inc. (MULN) is witnessing a downward spiral, with shares falling close to 100% over the past year. The past month alone has seen a 63.3% drop in share price, with the stock hovering near its 52-week low of $0.10 recorded on July 5, 2023. While MULN continues …
At a meeting in June 1971 to review new car designs, Meyers didn’t care for any of the proposals from designers. Teague then proposed a wide, small car with lots of glass. He sketched what he later called a “grubby doodle” — a four-wheeled football covered in glass with a roll bar in the middle. …
Gerald Meyers obituary: Former American Motors CEO was 94 Read More »
Hewitt — an experienced used-car manager — is focusing on the store’s sales department, while Alalouf oversees fixed operations, accounting and finance. The partners each have three decades of automotive managerial experience. They met 25 years ago at what was then the Cowell Auto Group near Vancouver, British Columbia, then later worked for Canada’s Foundation …
Canadian partners buy VW car dealership in the US Read More »
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Q: What types of experiences are on the horizon that will be supported through connected or software-defined vehicles? Macleod: As digitally fueled car sales increase, vehicles are also becoming more connected. By the end of the decade, it is estimated that connected cars — cars that can communicate and share data with a variety of …
Expert Insights: The Future of Connected Vehicles and Customer Experiences Read More »
WASHINGTON — Ford Motor Co. has withdrawn its petition to deploy a limited number of self-driving vehicles without traditional driving controls or features on US roads, an unpublished federal document shows. In the notice, which is scheduled to be published Friday, NHTSA said Ford has withdrawn its July 2021 request for a temporary exemption from …
Ford withdraws petition to deploy self-driving vehicles Read More »
BERLIN — BMW is betting on efficient design and recycling to bring down battery costs and is steering clear of investing in mines, finance chief Nicolas Peter said, setting the automaker apart from some competitors digging deep into the supply chain. “We don’t think it is right to invest in mines. We view it as …
How BMW plans to lower battery costs for electric cars Read More »
Self-driving technology company Waymo will retire its fleet of Chrysler Pacifica hybrid minivans, the vehicular flag-bearers for the nation’s first commercial robotaxi service. Waymo said Thursday it will replace the vans used in its metro Phoenix commercial operations by increasing its deployment of Jaguar I-Pace electric vehicles. The transition will occur in a matter of …
Waymo retires self-driving Pacifica hybrid minivans for Jaguar EVs Read More »
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 …
Volkswagen Is Reportedly Removing Its Design Chief Read More »
The automaker said it ended the first quarter with 412,285 cars and light trucks in dealer stock or in transit, unchanged from the end of the fourth quarter. Ford rebounded from a fourth-quarter 2022 decline with sales rising 10 percent in the most recent three-month period, with Ford division volume rising 11 percent but Lincoln …
March auto sales: GM’s strong sales; Ford gains; Toyota slips Read More »
