AUTOMOTIVE INDUSTRY

Jun 27 2025BUSINESS

Tesla's Top Exec Exit: What's Really Going On?

Tesla has seen another high-profile departure. Omead Afshar, who led manufacturing and operations in North America and Europe, is out. He's the latest in a string of executives to leave the electric car maker. Just last month, Milan Kovac, the head of engineering for Tesla's Optimus robot, also departed. Afshar's exit comes at a tough time for Tesla. Car sales in Eu...

reading time about 1 minute
Jun 23 2025BUSINESS

A New Leader for Stellantis: Can Antonio Filosa Steer the Ship?

Antonio Filosa, the newly appointed CEO of Stellantis, has a lot on his plate. At just 51 years old, he's taking the reins of a company that's been struggling. Stellantis, which owns brands like Jeep, Ram, Fiat, and Chrysler, has seen its sales drop and profits shrink. Filosa's predecessor, Carlos Tavares, left abruptly, and now Filosa has to pick up the pieces. Fil...

reading time about 1 minute
Jun 17 2025SPORTS

GM's New Speed Demon: The 2026 Corvette ZR1X

The 2026 Chevrolet Corvette ZR1X is the latest addition to the Corvette family, and it's making waves in the automotive world. This new model is a hybrid version of the Corvette E-Ray, which hit the market in 2023. It's not just any hybrid, though. It's a "hypercar, " which means it's even faster and more powerful than a regular "supercar. " The ZR1X is the quickest ...

reading time about 3 minutes
May 26 2025BUSINESS

Volvo's Big Changes: 3, 000 Jobs on the Line

Volvo Cars, a Swedish auto giant, is making some tough calls. They're planning to cut around 3, 000 jobs. This isn't a small thing. It's a big part of a major plan to save money. The company is owned by Geely Holding, a big player from China. This news came out after they announced a huge cost-cutting plan. We're talking 18 billion Swedish kronor, which is a lot of m...

reading time about 1 minute
May 21 2025BUSINESS

Toyota's Big Move: RAV4 Goes Hybrid-Only in 2026

In a big shift, Toyota has announced that the 2026 RAV4 SUV will be available only as a hybrid or plug-in hybrid. This means no more traditional gas engines for this popular model. The change is part of a major redesign that includes updates to both the interior and exterior, as well as performance improvements. Toyota is betting big on hybrids, even as the industry ...

reading time about 2 minutes
May 19 2025BUSINESS

Pony. ai's Self-Driving Car Fire: What Went Wrong?

Self-driving technology is advancing rapidly. But it's not without its hiccups. Pony. ai, a Chinese company, recently had a scare. One of its robotaxis caught fire in Beijing. The good news is, no one was hurt. The bad news is, the cause of the fire is still a mystery. Pony. ai's cars are equipped with software that allows for remote monitoring. This feature c...

reading time about 1 minute
May 11 2025CELEBRITIES

The Man Who Shaped American Roads

A legend in the world of car design has left his mark on history. William L. Porter, a name synonymous with iconic American vehicles from the late 1960s and early 1970s, passed away at the age of 93. His home in Whitmore Lake, Michigan, was where he took his last breath on April 25. The cause of his death remains unspecified, as shared by his son, Adam. Porter's inf...

reading time about 1 minute
May 01 2025FINANCE

The Tariff Tightrope: GM's Financial Dance

The CEO of General Motors, Mary Barra, started her quarterly letter to investors with a nod to President Trump. She thanked him for his backing of the U. S. auto industry. However, she later revealed a significant issue: the company expects to face a financial hit of $4 billion to $5 billion due to Trump's tariffs. This situation shows the tricky path GM must walk. ...

reading time about 1 minute
Apr 23 2025BUSINESS

Tesla's Financial Rollercoaster: The Price of Political Involvement

Tesla's first quarter of 2025 was a bumpy ride. The electric car giant managed to stay in the green, but it was a close call. The company's CEO, Elon Musk, has been heavily involved in politics, and this has taken a toll on Tesla's finances. A global trade war and an aging product lineup have also played a part in the company's struggles. The numbers tell a story. T...

reading time about 1 minute
Apr 06 2025BUSINESS

Tariffs Trouble: Jaguar Land Rover Pauses U. S. Shipments

Car lovers in the U. S. might have to wait a bit longer for their new Jaguar or Land Rover. The British car giant has decided to hit the pause button on shipments to the U. S. for the entire month of April. Why? The company is trying to figure out how to handle the new tariffs that U. S. President Donald Trump has slapped on foreign cars. These tariffs add a hefty 25...

reading time about 1 minute