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Transit tech firm Via valued at $3.5 billion as shares fall in NYSE debut

13/09/2025

(Reuters) – Transit technology maker Via Transportation was valued at $3.5 billion on Friday after its shares fell 4.4% in their NYSE debut. The stock opened at $44, below the $46 offer price. Via and selling shareholders raised $493 million by selling 10.7 million shares, priced above the marketed range of $40 to $44. The U.S. IPO market has revived as easing trade tensions and rising … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-17

Amazon testing GM’s electric delivery vans in sustainability push

13/09/2025

(Reuters) – Amazon.com has been testing General Motors’ BrightDrop electric vans as part of its plan to bring 100,000 electric delivery vehicles on the road by the end of the decade, the e-commerce giant said on Friday. A little more than a dozen vans are being tested, placing them among a fleet that includes electric vehicles built by Rivian, the company said. GM had sold 12 2024 model BrightDrop … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-17

Hyundai battery plant faces at least 2-3 month startup delay following US raid, CEO says

13/09/2025

Summary Raid saw the detention of 475 workers, mostly South Koreans Hyundai to source batteries from other plants during delay Other LG plant workers asked to return home after raid DETROIT, (Reuters) – A battery plant co-owned by Hyundai Motor is facing a minimum startup delay of two to three months following an immigration raid last week, Hyundai CEO Jose Munoz said on Thursday. The Georgia … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-17

The logo of the Chinese automaker BYD is pictured at an authorised dealer

13/09/2025

DETROIT, (Reuters) – Stellantis is axing its Ram 1500 electric pickup, citing slow demand for full-size EV trucks, the company said Friday. “As demand for full-size battery electric trucks slows in North America, Stellantis is reassessing its product strategy and will discontinue development of a full-size BEV pickup,” a company spokesperson said. Automakers across the United States have downsized … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-17

Honda and Acura Sales Stumble In August, Prologue Shines Bright

13/09/2025

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Both new and used vehicle prices have risen rather quickly over the past four years, and they’re showing no signs of stopping. While Honda and Acura’s sales weren’t anything to write home about in August, their year-to-date (YTD) numbers prove that the Japanese automaker is still bringing plenty of ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

Automotive Journalists Save Puppies! What is Operation Frodo?

13/09/2025

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Operation Frodo is more than a road trip; it’s part of a growing effort to rescue dogs from uncertain futures and deliver them to loving homes thousands of miles away. Along the journey, volunteers get the added joy of connecting with (and cuddling with) the pups while helping save lives. For the ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

Stellantis Cans Fully-Electric Ram 1500 Due To Slow Demand

13/09/2025

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In a new statement, Stellantis, the parent company of storied American car brands including Chrysler, Dodge, Jeep, and Ram Trucks, says that it will indefinitely cease development and plans to introduce an all-electric Ram 1500 pickup truck to market. The automaker cites that the decision was made ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

2026 Subaru BRZ and WRX Add Series.Yellow Special Edition

12/09/2025

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SubaruSubaru is adding a new pair of special editions to its 2026 lineup.The 2026 BRZ and 2026 WRX will both add a Series.Yellow edition based on the tS trim.Both will be offered exclusively with a manual transmission, and production is limited to just 350 examples of each model. Subaru is launching limited-edition versions of its two performance cars. For 2026, the BRZ and WRX lineups are adding … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-14

An Owner and Expert in Ram Trucks Who Is Himself Also an EV Owner Explains Why Ram's Canceling Its Battery-Electric Pickup Truck Program is a Smart Move

12/09/2025

Follow us today...       Battery electric vehicle (BEV) pickup trucks have proven to be an abject failure in the U.S. market. Q1 EV truck deliveries were a disaster. Rivian’s R1T deliveries dropped in Q2 by 47% and Rivian is now planning to close its factory for about a month. The Tesla Cybertruck fiasco has … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-16

Toyota, Lexus, And Subaru Are All Wrapped Up In A 100,000 EV Recall

12/09/2025

car rental news

Toyota, Lexus, and Subaru have issued a recall covering nearly 100,000 EVs the trio of OEMs have developed together: the Toyota bZ, the Subaru Solterra, and the Lexus RZ. The issue stems from something relatively minor, thankfully, but it has resulted in a stop-sale order while the Japanese ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

America Never Gets The Cool Stuff: Toyota Land Cruiser GR Sport Rally Raid Debuts

12/09/2025

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Overseas in Japan, Toyota owns a subsidiary called Toyota Auto Body. As the name suggests, the subsidiary does some work upfitting new Toyota models like the Land Cruiser. And its latest creation is the Rally Raid special edition for the Japanese market Land Cruiser GR Sport that celebrates the ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

Ram Confirms Its Full-Size Electric Truck Is Now Officially Dead

12/09/2025

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View Exterior PhotosRamRam says it has discontinued development of its full-size electric pickup truck dubbed the REV. The company says the decision was based on slowing demand in North America for full-size electric trucks.Along with that decision, Ram says it is renaming the forthcoming plug-in hybrid truck from Ramcharger to REV.Ram is throwing in the towel on its full-size electric truck … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-14

Ferrari’s Tribute to America After 9/11 Remains One of F1’s Most Powerful Gestures

12/09/2025

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September 11, 2001 shocked the world far beyond America’s borders. Just five days later, at the Italian Grand Prix in Monza, Ferrari used its Formula 1 cars to deliver a silent yet powerful gesture of solidarity. Michael Schumacher and Rubens Barrichello raced in all-red cars stripped of sponsor ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

BMW Design Boss Defends Giant Grilles: “China Wants Them”

12/09/2025

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Adrian van Hooydonk, BMW's head of design since 2009, has weathered years of criticism over the brand's increasingly controversial grille designs. From the polarizing X7 to the massive 7 Series kidney grilles, BMW design has sparked fierce online debates. The first Neue Klasse model, the 2026 BMW ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

Amazon's Self-Driving Zoox Vehicles Begin Ride-Hailing Service in Las Vegas

12/09/2025

car rental news

ZooxAmazon subsidiary Zoox has opened a ride-hailing service in Las Vegas, using its autonomous pod that has zero driving controls.The rides, which are free for now, can currently only travel between select locations.Zoox plans to launch the service in San Francisco next.Zoox, a subsidiary of Amazon focused on autonomous driving, has taken a big step toward bringing self-driving cars into the … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-14

Toyota Will Build Two Three-Row EV SUVs at Its Kentucky Plant

12/09/2025

car rental news

View PhotosToyotaToyota has confirmed that it plans to build two new three-row EV SUVs at its assembly plant in Kentucky. Those SUVs will reportedly be an electric version of the Land Cruiser and RAV4, according to a report by Reuters. To make room for the forthcoming EVs, the Lexus ES sedan will reportedly no longer be built in Kentucky, with all future production taking place in Japan.Toyota is … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-14

2024 Ram 2500 Buyer Pays $1,898 a Month For His New Truck, Financial Guru Says, “That's Not a Car Payment, That's a Mortgage On Wheels”

12/09/2025

Follow us today...       Imagine what you could do with an extra $1,898 per month. Would you buy a Ram truck with it?  One 2024 Ram truck buyer did, and it caught the attention of a financial guru, as featured on the Good Financial Cents Facebook page. He says, "A 2024 RAM 2500 truck buyer just paid … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-16

Nissan Faces a Bumpy Road to Recovery

12/09/2025

car rental news

Nissan’s new CEO has initiated aggressive reforms as he seeks to right the ship, but the automaker faces a tough road ahead as sales remain slow and global competition heats up. CEO Ivan Espinosa’s plans could cost Nissan billions, and the company’s success is anything but guaranteed. A Nissan ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

2005 Porsche Carrera GT for Sale With 1,800 Miles

12/09/2025

car rental news

Few cars capture the essence of a pure driver’s machine like the Porsche Carrera GT. Built between 2003 and 2007 in a run of just 1,270 units, it combined a motorsport-derived 5.7-liter V10 with a carbon-fiber chassis and a six-speed manual. With 605 horsepower, a 0-60 mph sprint of 3.5 seconds, ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

Ford Focus Could Return in 2027—As an SUV

12/09/2025

car rental news

The Ford Focus was one of the Blue Oval's few compact-car successes in the United States, giving U.S. enthusiasts a taste of the crisper handling and styling of the automaker's European products. But Ford's shift in focus (no pun intended) away from cars meant the nameplate was withdrawn from this ... Source: autoblog.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-10

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