Fred has some good news for I-Pace owners: Software enhancements will be provided free of charge and will deliver up to 8% range improvement. Jaguar, via Electrek Alright! That’s what I’m talking about Jaguar! This should bring the $70,000 I-Pace’s range from 234 miles to around 250 –– in line with the $40,000 base Model […]
Legacy auto continues to thrive: Nissan is doing worse than expected in the U.S., and its North American chairman is taking steps to cut costs across the company, slashing employee travel expenses and putting the entire U.S. organization on two days of unpaid furlough next month. Automotive News The company also will remain closed for […]
New from Christoph Rauwald and Birgit Jensen: Volkswagen AG offices were raided by German prosecutors as part of a probe into diesel engines, marking a fresh setback for the manufacturer’s efforts to draw a line under an emission-tests cheating scandal that erupted four years ago. Bloomberg Surprise, surprise: It turns out when you illegally poison the […]
Fred’s got the scoop: Jensen Gadley, a Tesla Model 3 owner from Las Vegas who rents out his car on Turo, was thinking of canceling a rental after the customers insisted on using the Smart Summon feature in his car. When the customers arrived, Gadley was surprised to see him come out of a Porsche […]
Former boss Hiroto Saikawa admitted the value of its flagship Leaf car had been destroyed during the Carlos Ghosn era. Financial Times Oh, really? And why do you think that is? In an interview, Mr Saikawa, who stepped down as chief executive in September, delivered a sharp rebuke of Mr Ghosn’s hallmark EV strategy, saying deep […]
If you still have any doubt that the electric vehicle wars have begun, you have to check out this latest report from our friends Joe Miller in Frankfurt and Peter Campbell in London. (It’s pretty entertaining). German car industry faces ‘day of reckoning’ Tens of thousands of jobs cut as auto groups pump billions into […]
Mercedes-Benz parent company Daimler tried to sneak some news past Amerians during the holiday weekend: Daimler, the German carmaker that owns Mercedes-Benz, has said it will shed at least 10,000 jobs worldwide as it seeks to fund the switch to electric cars. Daimler personnel chief Wilfried Porth told journalists the number of jobs lost would […]
Sean O’Kane at The Verge got his hands on a Taycan. His review is below. If you’re going to buy a Porsche, this is the one you want. While we’re talking about the Toucan, you might also want to check out these latest photos Bloomberg got of the factory in Germany.
New from Christoph Rauwald on Bloomberg: BMW AG will slash bonus payments and expand working hours for some employees in Germany as the luxury-car maker grapples with the costly shift to electric and self-driving vehicles. Bloomberg Costly? I thought they would fund the transition with all their profits on polluting cars? While BMW’s efforts lack the bite […]
Who will fund the shift to electric vehicles? Today, Volkswagen annouced that nearly 10,000 Audi workers will help pay for the transition –– with their jobs: German carmaker Audi has revealed it will cut 9,500 of its 61,000 jobs in Germany by 2025 to free up funds to invest in electric vehicles. Forbes Yikes. That’s […]
