2018 Best Cars for the Money

Buying a new car can be a daunting process. When every car manufacturer’s line-up looks almost identical, how do you know which model will give you the most for your money? U.S. News & World Report has just published their 2018 Best Car for the Money awards, an attempt to find the car that offers the… Read more

2018 Best Cars for the Money

Buying a new car can be a daunting process. When every car manufacturer’s line-up looks almost identical, how do you know which model will give you the most for your money? U.S. News & World Report has just published their 2018 Best Car for the Money awards, an attempt to find the car that offers the… Read more

Geely reaches for the skies

For Zhejiang Geely Holding Group, even the sky is no limit to its ambition, literally. The Chinese carmaker, which made headlines last week by becoming the largest shareholder in Mercedes-Benz owner Daimler, is to produce flying cars in China. A Geely representative confirmed on Wednesday to China Daily that it is hiring engineers, who must be… Read more

Chinese billionaire Li Shufu buys biggest single stake in Daimler

Chinese billionaire Li Shufu has bought a near 10-percent stake in Mercedes-Benz maker Daimler, making him the German group’s largest single shareholder, a stock market filing showed Friday. Li, who chairs auto giant Geely Automobile Holdings, bought a 9.69-percent stake in the carmaker, worth around 7.2 billion euros ($8.9 billion), according to the filing. The size… Read more

Startup unveils ‘car of future’ for $45,000

A Chinese startup unveiled its vision for the automobile of the future Sunday, promising to deliver an “intuitive and intelligent” car to global markets starting next year from around $45,000. The electric-powered concept car shown by Byton at the Consumer Electronics Show in Las Vegas is touted as a computing device on wheels, equipped with a… Read more

New report: 30 best and worst car brands for owner satisfaction

If you had to do it all over again, would you buy the same car that you’re already driving? That’s what Consumer Reports asked subscribers for its annual Owner Satisfaction Survey. The new ranking provides valuable insight into the car brands and models that people really like — and don’t like! RELATED: These are the 10… Read more

A new study indicates that drivers may be spending too much at the pump for gas they don’t need

There are owner’s manuals for several cars that recommend that you use premium fuel, but a recent study from the American Automobile Association indicates that it might not be worth it. The study was conducted to discover whether premium fuel yields improved fuel economy, more horsepower, and if it costs more. The vehicles used for the… Read more

Tesla unveils its all-electric semi truck

After revolutionizing electric cars, Tesla is tackling a new frontier in “green” transportation with the introduction a futuristic all-electric semi truck. “We designed the Tesla truck to be like a bullet,” said Tesla co-founder and CEO, Elon Musk. The billionaire South African-born inventor unveiled the new vehicle Thursday at an event in Hawthorne, California, site of… Read more

Thinking of buying a new or used car during year-end sales? Think again…

Every year at this time, you usually hear auto-buying experts extolling the virtues of why right now is a great time to buy a last-model-year vehicle or what a deal used cars would be at year-end sales events. But not this year! Why you may want to hold off until 2018 to buy a car… New… Read more

Elon Musk Hints Tesla Model 3 Will Be Psychic

Tesla CEO Elon Musk has hinted that the Tesla Model 3 and other self-driving cars will soon be able to use artificial intelligence to predict where you want to go. Musk’s announcement, made via Twitter, comes as the electric vehicle maker revealed plans to build a manufacturing plant in China. Tesla was one of the first… Read more

Tesla to build wholly-owned Shanghai plant: WSJ

Tesla has reached an agreement with Shanghai authorities that would make it the first foreign automaker to build its own plant in China, putting it in the driver’s seat in the world’s biggest electric-vehicle market, the Wall Street Journal reported. The Silicon Valley electric carmaker’s wholly-owned manufacturing facility would be built in Shanghai’s free-trade zone, the… Read more

End of Australia auto-making sector as Holden closes doors

The last car rolled off the production line of Australian auto-maker Holden on Friday, marking the demise of a national industry unable to stand up to global competition. The closure of the Elizabeth plant in South Australia is the end of an era for Holden, which first started in the state as a saddlery business in… Read more

To Uber or not? Why car ownership may no longer be a good deal

By Michael E. Webber, Professor of Mechanical Engineering and Deputy Director of the Energy Institute, University of Texas at Austin and F. Todd Davidson, Research Associate, Energy Institute, University of Texas at Austin. Younger Americans tend to be comfortable relying on ride services and foregoing car ownership. BeyondDC, CC BY-NC-ND Every day there’s more news about… Read more

Tesla tells hundreds of its employees they’re not good enough to work there

SAN FRANCISCO — Firing hundreds of workers all at once is rare, at least in the auto industry. But Tesla Inc. does things differently. Word leaked out Friday that the electric car, battery and solar roof company had bulk-fired several hundred employees. The Mercury News, which broke that story, said Tesla made clear that workers were… Read more

Futuristic solar-powered Dutch family car hailed ‘the future’

A futuristic Dutch family car that not only uses the sun as power but supplies energy back to the grid was hailed as “the future” Sunday as the World Solar Challenge wrapped up. The innovative bi-annual contest, first run in 1987, began in Darwin a week ago with 41 vehicles setting off on a 3,000-kilometre (1,860-mile)… Read more

Paris wants to phase out diesel cars by 2024

Paris city authorities said Thursday they aimed to phase out the use of diesel cars by the time the French capital hosts the Olympics in 2024, and petrol cars by 2030. Mayor Anne Hidalgo’s office said the goals — which are more ambitious time-wise than a government plan to end sales of petrol and diesel vehicles… Read more

China to double target of new energy cars

A man charges an electric car at an electric-car rental service bay in Liuzhou, Guangxi province, July 31, 2017. [Photo/VCG] China will double its new energy cars development goal by 2020 as it reaches its target ahead of schedule. Cai Tuanjie, an official of the China’s Ministry of Transport said, the number of new energy cars… Read more

Automakers put new-energy cars in fast lane at Frankfurt

A vehicle equipped with the Gazele 3 battery management system was among exhibits at the Frankfurt Motor Show connected to new energy technology. [Photo/China Daily] The enthusiasm of automakers for new-energy vehicles was strong at this year’s Frankfurt Motor Show, which is also known as 2017 IAA, as restrictions on gasoline vehicles becoming more prevalent and… Read more

China formulates national smart car industry strategy

TIANJIN – China is working on a national strategy on smart cars, and mulls banning production and sales of fossil fuel cars, according to policy makers attending a forum on automotive industry development. With the global auto industry leaning toward intelligent and electric vehicles, work has begun on a timetable to ban manufacture and sales of… Read more

These are the most and least expensive cars to maintain

When shopping for a new or used car, the price tag is something that many of us haggle over to get the best deal. But the sticker price is only the beginning. Another crucial factor you have to consider is the amount of money you’ll spend on maintenance and repairs over time. Read more: Best and… Read more

Battling to thwart diesel bans, Merkel throws in the cash

Chancellor Angela Merkel on Monday pledged a billion euros to help German cities fight air pollution caused by dirty diesel cars, as a scandal strangling the automobile industry threatened to engulf politicians at the height of an election campaign. Merkel said she was doubling financial aid to cities from a previously announced 500 million euros ($600… Read more

Rural areas to boost new energy sales

An electric vehicle by BAIC Group catches visitors’ eyes at an international new energy auto expo in Beijing. [Photo by CHEN XIAOGEN/CHINA DAILY] Shorter trips, better power access means low-tier markets have higher appetite for sector, Hao Yan reports. After a market wobble in 2016, new energy vehicle sales are predicted to ramp up by 51.8… Read more

Ferrari confirms it’s going to branch out in an unusual way

Ferrari CEO Sergio Marchionne has confirmed that the company is planning to expand by venturing into the utility vehicle business, and they also plan to increase the range of hybrid sports cars. The new strategy from Ferrari will be unveiled in 2018, and Marchionne told Bloomberg that the company will present a five-year plan that goes… Read more

UK to ban sale of gasoline and diesel cars by 2040

Britain said Wednesday it will outlaw the sale of new diesel and gasoline cars and vans from 2040 in a bid to cut air pollution but environmental groups said the proposals did not go far enough. Environment minister Michael Gove announced the move as part of the government’s keenly-awaited $3.9 billion air pollution plan, which will… Read more

Jaguar Land Rover to build SUV model in China

Ralf Speth, CEO of Jaguar Land Rover Plc, poses beside a Jaguar XE automobile at an auto expo.[Photo/Agencies] British automaker Jaguar Land Rover has announced it will build its new E-PACE compact SUV in Austria and China. The company said its plants in the United Kingdom are close to full capacity, and it expects there will… Read more

Tesla’s Elon Musk Tweets First Model 3 Pictures

Tesla Inc.’s co-founder and chief executive Elon Musk followed up his Twitter hype for the company’s new Model 3 by posting the first images of the vehicle as it came off the assembly line. Tesla CEO Elon Musk tweeted out Saturday, “First Production Model 3,” for Tesla’s first full-production version of the vehicle. The Model 3… Read more

Volvo to Go All Electric in 2019

Swedish carmaker Volvo says it is phasing out the internal combustion engine in favor of electric motors by 2019. Volvo, which is Chinese owned, is the first traditional carmaker to announce the move. “This announcement marks the end of the solely combustion engine-powered car,” said Volvo’s president Håkan Samuelsson in a statement Wednesday. “People increasingly demand… Read more

When Will Electric Cars Become the Norm?

Quora Questions are part of a partnership between Newsweek and Quora, through which we’ll be posting relevant and interesting answers from Quora contributors throughout the week. Read more about the partnership here. Answer from Michael Barnard, low-carbon innovation analyst: Is it really practicable & sustainable to replace 100 percent of today’s fossil-fuel-powered vehicles to electric? Not… Read more

Toyota Ends Partnership With Tesla

Japanese car manufacturer Toyota has ended its partnership with Elon Musk’s electric car maker Tesla, and will work toward developing its own electric vehicles, according to a report Saturday by Asahi Shimbun. In December, Toyota sold all the shares it held in Tesla as it attempted to “review destinations for investment,” the Japanese newspaper reported. The… Read more

VW teams up with JAC to make electric cars

Visitors watch cars on display at a booth of JAC Motors in Shanghai, April 20, 2017. [Photo/VCG] HEFEI – A joint venture between Volkswagen China and Anhui Jianghuai Automobile (JAC Motors) to make electric cars has been approved by Chinese authorities. JAC Motors said Monday that the venture, with a total investment of 5 billion yuan… Read more

Ford to cut 1,400 salaried jobs in North America, Asia

DETROIT — Ford told its employees Wednesday morning that it plans to cut 10 percent of its salaried workforce worldwide, or about 1,400 employees as the automaker wrangles with falling profits and pressure to boost its stock price amid slowing U.S. industry sales. Most of the job cuts will occur in North America and Asia with… Read more

Apple May Spend Cash Pile On Buying Tesla: Report

In its recently released financial results, iPhone maker Apple revealed it is sitting on a massive $250 billion of cash reserves. And while social media was abuzz with what all that amount of money could hypothetically buy or finance, some analysts took a more realistic approach. According to Citibank analyst Jim Suva, the company will likely… Read more

China-owned Volvo Cars’ first-quarter net profit rises 26 per cent

Stockholm (dpa) – China-owned Volvo Cars said on Friday that its first-quarter net profit rose 26 per cent compared to the same quarter last year, driven by strong sales in China and Western Europe. Net income for the period was 2.6 billion kronor (294 million dollars), compared to 2.06 billion kronor a year ago. The carmaker… Read more

Tesla: Absurd level of risk, Cult of Elon Musk equal disaster

WASHINGTON, April 25, 2017 – For the better part of at least two years, I’ve more or less held my opinion and my pen in check when it comes to the absurd mythological and virtually fictional character of Elon Musk, tech god and miracle worker. That’s because all Musk has done in recent memory is promote… Read more

New energy cars steal the show
Nearly 1,200 new vehicles are exhibited at the Beijing auto show in April 2016, and this year’s show in Shanghai will have a larger scale, with 1,400 cars to be displayed. LI WENMING / FOR CHINA DAILY Electric, plug-in hybrids and fuel-cell vehicles arrive to woo audiences, report Li Fusheng and Hao Yan. One thousand domestic… Read more

Korean brands’ strength falls

Customers look at cars at a Hyundai retailer in Tianjin. Provided to China Daily While some blame political tensions, many credit rising quality of domestically produced vehicles South Korean marques are losing ground in China as local brands in the world’s largest auto market are offering improved quality and a wider choice of SUV models. In… Read more

GM says it’ll approach driverless cars like a startup

DETROIT —General Motors is managing its investments into self-driving cars “like a Silicon Valley start-up,” the automaker’s chief financial officer told Wall Street analysts Friday. Chuck Stevens said the automaker will save money on research and development costs after the sale of its Opel and Vauxhall brands to PSA Groupe. Meanwhile, the company is boosting its… Read more

German prosecutors raid scandal-hit VW’s luxury offshoot Audi

Berlin (dpa) – German prosecutors raided on Wednesday the head office of luxury carmaker Audi, which is an offshoot of scandal hit Volkswagen. Munich prosecutors searched the Audi offices in the southern state of Bavaria shortly before the auto group’s chief Rupert Stadler presided over the premium carmaker’s annual press conference, a company spokesman said. Audi… Read more

Easing of rule on auto fuel economy standards

President Trump will announce Wednesday that he’s reopening a review of Obama-era fuel economy rules, after the EPA broke an agreement with the auto industry last year and accelerated the final tailpipe emissions standards for cars and light trucks. Mr. Trump is traveling to Ypsilanti, Michigan, where he’ll grant the regulatory reprieve for the industry in… Read more

GM to sell Opel, Vauxhall to PSA Groupe for $2.2 billion

DETROIT — General Motors is saying goodbye to its Opel and Vauxhall brands and ending its presence as a major automotive manufacturer in Europe after nearly 90 years there. GM said Monday it has reached a deal to sell its European operations to French automaker PSA Groupe for $2.2 billion, a decision that shakes up the… Read more

Ferrari unveil new car for 2017 Formula One season

Berlin (dpa) – Ferrari unveiled their new car for the 2017 Formula One season on Friday hoping rule changes this year will boost their title challenge. Drivers Sebastian Vettel and Kimi Raikkonen were on hand at the launch of the SF70 H in an internet presentation. Neither were able to win a race last season but… Read more