How does the original Aston Martin DBS stack up against the rest? Photo: Aston Martin On my ride into work today something amazing happened. I rode past an Aston Martin DB9 in the flesh, on the streets of New York City. One of the most timeless and elegant supercars out there, just sitting in traffic, … Read more
NIO Inc.’s shares in Hong Kong extended declines in afternoon trading after the company denied accounting allegations in a report by short seller Grizzly Research LLC. The stock NIO, -2.57% NIO, -11.47% fell by as much as 10% to 167.80 Hong Kong dollars (US $ 21.38) on Wednesday and was recently 9.3% lower at HK … Read more
Text size Tesla stock is down about 16% for the current quarter. Nicholas Asfouri / AFP via Getty Images Tesla ‘s second-quarter delivery results are expected to arrive in early July. It has been hard to predict the numbers for a couple reasons: The first is production volatility from Covid-19 lockdowns in China, and the … Read more
Last January, around the time of the Tokyo Auto Salon, Toyota Gazoo Racing related a corporate desire to “commercialize motorsports cars”Rather than relegating them to concepts in a press release. Like most proclamations made in PR blasts, it was easy to read with a healthy, depressing dose of skepticism, especially after Toyota appeared to quietly … Read more
Volkswagen is close to selling a minority stake in its US electric-vehicle charge business to an arm of Siemens a deal that would value the network at more than $ 2 billion, according to people familiar with the matter. A sale of a stake in Volkswagen’s Electrify America LLC would generate additional funding as part … Read more
New week, same bounce. Stock futures point to fresh gains as investors grow optimistic that a bond route is ending, and the Fed’s rate-hike plans will get pruned due to a global slowdown. Of course, that optimism comes as discontent grows around the world from high commodity prices that have driven up food prices, crimped … Read more
NIO Inc.’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens. The electric-car manufacturer’s Singapore-listed shares NIO, + 3.87% gained 4.1% to US $ 24.77 while its Hong Kong stock 9866, + 2.81% rose 4.3% to 196.60 Hong Kong dollars (US $ 25.05), both … Read more
Photo: McMurtry Automotive Over an exceptional four-day event, the biggest highlight of this year’s Goodwood Festival of Speed was the breaking of the outright record up the hill climb. Max Chilton, a former Formula 1 and IndyCar driver, drove the McMurtry Spéirling up the 1.16-mile hill climb in 39,081 seconds. The Spéirling is an electric … Read more
Tesla, Ford and GM Raise EV Prices as Costs, Demand GrowThe Wall Street Journal
Photo: Cadillac Cadillac thinks it’s ready to run with the really big dogs of automotive luxury. An exclusive report in the Wall Street Journal shows just how big Cadillac plans to go. Citing unnamed sources, WSJ says Cadillac will price its upcoming EV, the Celestiqat $ 300,000 to start. That’s right, different packages and options … Read more