Photo: Bring A Trailer When Porsche was originally developing the first-generation Cayenne, the luxury SUV segment was still pretty new, so it wasn’t entirely clear what customers would expect from Porsche’s first entry. As a result, early Cayennes were much more off-road capable than you might expect, and the granddaddy of them all was the … Read more
WIRED: This year, Tether has moved to diversify its business model with a push into venture capital. Tell me about the rationale. Ardoino: Tether has become extremely profitable in the last two years thanks to the increase in interest rates. When Tether started, you could make 0.2 percent on the reserve, but today you can … Read more
Good morning! It’s Friday, August 9, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Tesla Orders Canceled Over Musk’s Support For Trump For months, … Read more
Photo: Hyundai Dodge is out this week with a clip of the new Charger making some kind of noise, Hyundai was pretty widely praised for adding a selection of synthesized engine noises to the Ioniq 5 N’s list of beloved attributes and automakers the world over are trying to work out just what an electric … Read more
Right now, electric vehicle sales are hitting a bit of a slowdown. Don’t get me wrong, the market is growing, but it’s not growing as fast as some may have predicted. We know automakers (for the most part) want to build EVs, and we know customers (for the most part) want to buy EVs, but … Read more
Tesla is big on dynamically changing its pricing, raising or lowering costs to boost sales or extract more profit as the company needs. It also has a history of scrapping the base models of its vehicles after advertising their accessibility with a low introductory price. Now, it seems the company has put the two together, … Read more
Photo: Jaguar For years, Jaguar has sold some of the most beautiful cars you could buy. At least from the outside, that is. Sales haven’t been great lately, as its cars are old and struggle to compete, and back in March, the British automaker announced plans to kill off its entire gas-powered lineup and replace … Read more
For a couple of years, there was a war among the makers of electric vehicle charging plugs over which company would win market supremacy. Well, now it seems we’ve got a clear winner, and it’s Tesla’s North American Charging Standard. For a long time, it didn’t seem like this would be the case, with automakers … Read more
EV sales are growing in the U.S. but slowly; that’s not bias or anti EV, that’s the reality. Because of the state of the market, EV inventories have swelled so dealers and automakers have some wild lease deals going on right now to move some metal. The Mustang Mach-E Rally Revealed Screenshot: Chevrolet.com Chevy has … Read more
Good morning! It’s Thursday, August 8, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Happy Telsa Robotaxi Release Day! In a parallel universe, today … Read more
