Ally Financial, the lending artist formerly known as GMAC Financial, inches closer to freedom from government ownership as the United States Treasury begins a second trading plan to shed its shares.
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A week after the announcement, and through two days of deliberation by the state legislature, Nevada governor Brian Sandoval signed into law September 11 the $1.25 billion tax package that won over Tesla enough to bring its Gigafactory to the Silver State.
Like famed explorers Lewis & Clark, Amerigo Vespucci and Dora, autonomous vehicles will be at the mercy of whatever maps are available as they navigate the uncharted technological waters of the United States and beyond.
With the departure of Luca Cordero di Montezemolo from Ferrari, Fiat Chrysler Automobiles CEO Sergio Marchionne will become the premium brand’s chair next month, with the first order of business being to increase output to satisfy more demand.
Despite attempts to discourage would-be owners from reserving a copy of the upcoming Model X, Tesla has some 20,000 customers on its waiting list for the gullwinged SUEV.
Looking for an EV that doesn’t cost Tesla money or resemble a jelly bean? Then Kia might just have what you need with its electrified version of the Soul when it arrives in showrooms later this year.
A couple of months after General Motors CEO Mary Barra turned up inside the Beltway for a second round of testimony before the United States Senate over its part of the February 2014 ignition switch crisis, it’s now the National Highway Traffic Safety Administration’s own second turn in the hot seat.
Though Ford, Lincoln, BMW and others have mastered the art of parallel parking in tight spaces for their customers, it turns out the systems used do it too well, prompting Ford to give “unparking” a go.
The surge in United States auto sales last month could push the final figures to a height not seen since 2006 when January 2015 rolls around.
Set to make its global debut at the 2014 Paris Auto Show in October, the 2015 BMW 2 Series Convertible will enter showrooms in early 2015.
While Toyota and the administration of Japan Prime Minister Shinzo Abe are going all in on hydrogen, Volkswagen Group Japan President Shigeru Shoji proclaims FCVs will struggle to make headway elsewhere.
Though Toyota and Tesla have, to paraphrase Fleetwood Mac, gone their own way while their RAV4 EV project draws to a close, Tesla CEO Elon Musk says he sees his company working with Toyota in two to three years’ time.
Despite its struggles in its native market — and, perhaps, because of said struggles — Mahindra & Mahindra is seeking to build alliances with a trio of automakers to develop its global presence.
Part of the automobile’s future may be linked to concerns of safety, fuel efficiency and the environment, but connected- and autonomous-vehicle technologies, among other disruptors, look to flip the table on the century-old game as the 21st World Congress on Intelligent Transport Systems gets underway this week in Detroit.
Cadillac owners entering showrooms in 2017 will find that their new ride will be capable of more than they might like, as V2V and semi-autonomous systems will become available on the CTS and a Cadillac to be named later.
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