Documents filed in a Manhattan federal court Thursday reveal the U.S. Securities and Exchange Commission is suing Tesla CEO Elon Musk for fraud. The SEC opened an investigation into Musk after the CEO fatefully tweeted his intent to take the company private. “Funding secured,” Musk wrote in the August 7th tweet.

The go-private plan quickly fell apart. In the lawsuit, published by Bloomberg, the SEC accuses Musk of fabricating the claim made to 22 million social media followers, many of them investors. (Read More…)

Ford confirmed the assembly locale of its F-150 Hybrid this week, saying the electrified pickup would not stray from its aluminum-bodied brethren. The hybridized F-Series will, unsurprisingly, go into production at the Rouge’s Dearborn Truck Plant in 2020, with additional (non-hybrid) production handled by Ford’s Kansas City Assembly.

The automaker made the announcement as part of its 100th anniversary celebration of the River Rouge Complex. While that left the F-150 proclamation a little light on details, Ford previously said the model would probably not be a plug-in hybrid, but would boast outlets for electrically powered tools/devices — functioning as a mobile generator. However, the announcement itself focused primarily on celebrating the Rouge’s centennial.  (Read More…)

When Tesla Motors began production of its Model 3 sedan, CEO Elon Musk announced the firm was entering into a kind of “production hell.” He probably didn’t realize just how accurate a statement that would turn out to be. Already contending with a backlog of orders for the Model 3, Tesla simply couldn’t meet the volume targets it set for itself over the last year. It’s now bending over backwards to finish the quarter strong and prove to investors it is capable of turning a profit.

The automaker frequently referenced production bottlenecks as the culprit for the Model 3’s delay. Panasonic, the sole battery supplier for the vehicle, appears to be taking ownership of the issue. “The bottleneck for Model 3 production has been our batteries,” Yoshio Ito, Executive Vice President of Panasonic, said on Tuesday. “They just want us to make as many as possible.”  (Read More…)

Man, if you live south of the 49th parallel, you missed quite a hubbub yesterday evening. Actually, Americans likely caught a whiff of it, as U.S. President Donald Trump’s lengthy post-UN press conference Wednesday covered a lot of topics, including the one that had Canucks up in arms.

Up here in the Great White North, a country some commenters would prefer to never see mentioned (as this writer apparently mentions it ALL THE TIME), trade remains an understandably hot topic. Canada hasn’t reached a renegotiated free trade agreement with the U.S., unlike Mexico, and there’s a Sunday deadline looming to sign on to the U.S.-Mexico accord. Tick tock. Among other planks, Canada wants to protect its dairy cartel — an entity not universally loved up here, as it greatly increases the price of common food staples on store shelves. However, protecting jobs in that sector means risking jobs in the larger auto sector, a crucial industry whose vehicles Trump has threatened to tax to the tune of perhaps 25 percent. Auto parts could see a 10 percent tariff.

Canada exported $48.8 billion worth of vehicles in 2016.

Toyota, Honda, and the Detroit Three all have assembly plants in Ontario. Last night’s news conference brought nothing but worry to the nearly 200,000 people employed in the vehicle and parts manufacturing sector. What would it mean if Trump pulls the tariff trigger? And is Canada blameless in not yet reaching a deal? (Read More…)

The National Association of City Transportation Officials (NATCO) has joined Ford, Uber and Lyft to work with the data platform SharedStreets to glean a better understanding of America’s infrastructure. Their collective goal is to “make it easier for the private sector to work with cities around the world and leverage data to improve urban mobility.”

That means different things to different companies. For Uber and Lyft, aggregate data on passenger pickups and drop-offs could be useful in deciding where to deploy their vehicles. The information could also prove helpful in telling city planners how to best manage traffic patterns. Uber also said it would track speeders and what on types of roads people are more apt to drive dangerously.  (Read More…)

On the last edition of Rare Rides we took a look at the Consulier GTP — a purpose-built race car that could also be driven on the road. After a name change and a couple of interim V8 updates on the original GTP, the company now known as Mosler Automotive released a new car, and then promptly modified it.

Presenting the MT900S.

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Yet another special edition Ram pickup has landed for your trucking enjoyment. With the freshly renewed half-ton truck finally finding its way into showrooms, FCA is continuing to throw premium materials at its heavy-duty brother in an attempt to tide it over until an all-new machine bows for 2020.

Aimed squarely at wealthy cowboys who tow a lot of stuff, the 2018 Ram Heavy Duty Longhorn Ram Rodeo Edition (yes, the word “Ram” appears twice in its official title) is laden with leather, chrome, trailering gear, and badges the size of Texas belt buckles.

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Marketing materials aside, visitors to Audi dealers in the near future won’t see much of the new E-Tron crossover. They’ll have to ask about it first, and, if they’re in luck, there’ll be a demonstrator on hand.

Audi’s proceeding cautiously with its mass-market EV. For now, it’s only taking refundable reservations from customers, hoping that keeping the E-Tron out of the normal vehicle flow will help it turn a profit — a problem facing most EVs. (Read More…)

Ride-hailing company Lyft wants you to ditch your car — and hopefully give it up altogether. After rolling out a limited pilot project in Chicago last month, the company has launched a new initiative in 35 American and Canadian cities that compels drivers to leave their car untouched for 30 days.

Lyft hopes to find 2,000 people willing to take part in its “Ditch Your Car” challenge. In exchange, the company will provide credits for a slew of services under its corporate umbrella (ride hailing, bike sharing, but not scooter sharing… yet), as well as credits for transit. What’s stopping these drivers from secretly using their personal vehicles during the month-long experiment? Nothing. (Read More…)

As you read yesterday, Cadillac’s had its fun in New York City and is returning home to the Detroit metro area. Warren, specifically. It probably wouldn’t be fair to say it was chewed up and spit out like a naive bumpkin who travels to the big city, only to suffer the horrifying aftermath of decadence and experimentation. This isn’t Midnight Cowboy.

Nor can we say, without access to some internal info, that is was raging success. The brand remains a work in progress. There’s vehicles on the way that likely still would have been on the way had former brand president Johan de Nysschen, et al, stayed in Detroit. Does the name “Cadillac” ring with a more appealing timbre among the tony enclaves of coastal America? Doubtful.

Let’s assume for a minute that the Greyhound bus carrying Cadillac just pulled into the station, a cold rain falling over the terminal. How does the brand let its friends know it’s back in town? (Read More…)

The sound you hear is more range coming to the Kia Soul EV, but it’s not here yet. As such, the electric version of Kia’s shockingly popular Soul remains pretty much unchanged for 2019, with one exception: you can’t get the least expensive version anymore.

For buyers living outside California, this change won’t mess with plans or cost anyone a cent. They couldn’t get their hands on one, anyway. (Read More…)

Canadian Prime Minister Justin Trudeau ignored mounting pressure from the United States to quickly agree to a new NAFTA deal on Wednesday. Trudeau indicated it was possible for the three nations to maintain a trilateral agreement, but noted his priorities would always align with what’s best for Canada. The nation now seems fine with ditching the agreement altogether.

Meanwhile, U.S. President Donald Trump announced that an agreement reached with Japanese Prime Minister Shinzo Abe allows the two countries to begin trade negotiations. The focus of these talks will likely be automotive in nature. Trump has remained oddly fixated with convincing Japan to sell more American-made models ever since taking office, and the Land of the Rising Sun doesn’t want itself saddled with import tariffs.  (Read More…)

Volkswagen Group has delayed the U.S. launch of its flagship Arteon sedan for a few more months as it waits for that all-important emissions certification. Apparently, Europe’s switch to the updated Worldwide Harmonized Light-Duty Vehicles Test Procedure (WLTP) has created an extensive approvals backlog.

While the United States still uses the EPA’s less forgiving FTP-75 and HWFET, Europe is in the process of abandoning the ironically named New European Driving Cycle (NEDC) for WLTP. Presumably, VW wants to ensure its vehicles are green lit by the EU before it starts manufacturing them for the U.S. Unfortunately for the automaker, it stands to lose sales in the interim.  (Read More…)

It tried to make it in the big city but, after a few years on its own in New York, the Cadillac brand is headed home to mom and pop.

Cadillac President Steve Carlisle, who took over from Johan de Nysschen in April, confirmed the return in a Wall Street Journal interview. The brand’s abandonment of its high-class SoHo office space ends a strange and tumultuous period in Cadillac history. (Read More…)

Undoubtedly, the BMW 3 Series, besides being the benchmark among premium sports sedans, holds the crown for having the most stereotyped drivers.

It doesn’t help that, while attempting to make my way across a city jam-packed with tornado-darkened intersections last weekend, a sedan failed to wait its turn at one of the impromptu four-way stops, nearly hitting me. The make and model of the gauntlet runner? A BMW 3 Series. I’d love to see a study on this phenomenon.

Anecdotal accounts of impatient drivers aside, BMW loyalists have a new 3 Series to look forward to, and they won’t have to wait long to see it. (Read More…)