Tesla’s Battery Day was highly anticipated but was disappointing to many. Deutsche Bank Research, however, upgraded Tesla’s stock on Wednesday to a buy on what it saw as a significant technological lead versus other automakers. On the other hand, Baird named the stock a “bearish fresh pick” on a “lack of upcoming catalysts.” Then there were Tesla investors, who
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The Porsche Cayman has long been one of the best sports cars on sale but which generation is the best? YouTube channel EverydayDriver recently set out to answer that question. While the Boxster/Cayman twins have been built in four different generations, only the second-gen (987), third-gen (981), and fourth-gen (982), are featured in this video.
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STOCKHOLM — Volvo Cars expects to hit its forecast of roughly flat sales year-on-year in the second half of 2020 even as a recent a surge in coronavirus cases across Europe makes the outlook more uncertain, CEO Hakan Samuelsson told Reuters. The Swedish automaker notched a sixth straight annual global sales record in 2019, with
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ATLANTA — Porsche Cars North America is expanding adjacent to its headquarters in metro Atlanta. The sports car maker will begin construction of a service center and a classic factory restoration center next to Hartsfield-Jackson Atlanta International Airport. The 33-acre “multimillion-dollar development” will also be used to expand the Porsche Experience Center performance track, the
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After adding the Voyager minivan to its small lineup last year, Chrysler is back with new technology and revamped styling for the Pacifica and a slimmer set of offerings for the aging 300. The brand goes into Fiat Chrysler Automobiles’ planned merger with France’s PSA Group with three vehicles, and it remains to be seen
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Record-breaking Florida car dealer and philanthropist Rick Case, CEO of Rick Case Automotive Group, died Monday at his home in Fort Lauderdale from complications of cancer. He was 77. In 1962 at age 19, Case opened his first dealership, a used-car lot named Moxie Motors, in his hometown of Akron, Ohio. In 1966, he opened
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JERUSALEM/DUBAI — Israel’s Mobileye and United Arab Emirate’s Al Habtoor Group launched a partnership on Wednesday to create a fleet of self-driving taxis that could take to the streets of Dubai by the end of 2022. The deal is the latest collaboration to emerge after last week’s historic accord between Israel and the UAE to
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BERLIN — Tesla’s push to build its first European car factory is facing a key test this week at a public hearing near Berlin, where local residents have filed hundreds of complaints about a range of issues from water usage to noise pollution. Authorities in the state of Brandenburg, where Tesla is building a plant
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ATLANTA — Porsche Cars North America is expanding adjacent to its headquarters in metro Atlanta. The sports car maker will begin construction of a service center and a classic factory restoration center next to Hartsfield-Jackson Atlanta International Airport. The 33-acre “multimillion-dollar development” will also be used to expand the Porsche Experience Center performance track, the
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What kind of vehicle is the 2021 Kia Sorento? What does it compare to? The 2021 Kia Sorento three-row crossover SUV now comes with new turbocharged engines, an available hybrid, more interior space, and a new off-road leaning X-Line trim. It competes with the Toyota Highlander, Ford Explorer, Honda Pilot, and, perhaps most problematically for
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Porsche global marketing boss Kjell Gruner will be inheriting strong U.S. sales momentum and amicable dealer relations when he takes over the automaker’s top job here. The sports car maker last year sold a record 61,568 vehicles in its second-largest market. The brand logged its 10th consecutive year of U.S. sales growth and its eighth
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