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Rising commitment from major automakers, rapid battery cost declines, strong policy support from state and local governments, and low operational costs have put electric vehicles on track to pass gasoline-powered vehicles. EV sales in U.S. have grown to an average of 32% annually from 2012-2016 and 45% over the year ending June 2017. Considering these advantages, automakers and investors face several big questions: How fast can we expect EVs to increase market share in the United States? What penetration will they achieve, by when? How will these outcomes be affected by ...
Fiat Chrysler Automobiles said Tuesday it is recalling 494,000 medium and heavy-duty Ram pickup trucks, model years 2013-2017. The issue which caused this recall is that they could overheat and potentially cause a fire. The 2013-2017 model year Ram 2500 and 3500 pickups recalled have 6.7-liter diesel engines, including 443,000 vehicles in the United States. Fiat Chrysler said it is not aware of any injuries related to the issue, but has reports of a small number of fire-related incidents. The company will inspect and potentially replace the water pump. Shares of ...
While Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype, California officials are meeting with the automaker’s officials to talk about its efforts with autonomous trucks. The correspondence and meeting show that Tesla is putting self-driving technology into the electric truck it has said it plans to unveil in September, and is advancing towards real-life tests, potentially moving it forward in a highly competitive area of commer...
In an Audi commercial from China, a mother-in-law interrupts a wedding ceremony to inspect the bride, checking whether she's up to standard. The older woman grabs the bride's nose and ears, pinches her lower lip and peers at her teeth and tongue. The bride gets an OK – along with an extra warning to cover up her cleavage. It's an ad from Ogilvy & Mather Beijing promoting used Audi cars that have been checked out and officially certified for resale. But the ad is getting pushback on social media for comparing women to merchandise -- specifically, to used cars t...
FCA says it is recalling 1.33 million vehicles worldwide in two separate campaigns for potential fire risks and inadvertent airbag deployments. The automaker said it is recalling about 770,000 SUVs because of a wiring issue that may lead to inadvertent deployment of the driver-side airbag and is linked to reports of five related minor injuries, but no crashes. The company said wiring could chafe against pieces of steering-wheel trim, potentially causing a short-circuit and ultimately leading to an inadvertent airbag deployment. The recall covers 538,000 2011-2015 Dodge Journey vehi...
