#NewsBlog
Tesla Cybertruck Deliveries Paused While Ford F-150 Lightning Deliveries Resume
Following a nine-week hold on F-150 Lightning allocations to dealers, Ford has announced it will be resuming shipments. Meanwhile, Tesla reportedly delayed Cybertruck deliveries. The rumor is that it needed to address some quality concerns. But the reasons assumed vary and the company hasn’t said anything about the issue, and likely won’t since it disbanded its PR department years ago. However, this may not be the victory for Blue Oval that it appears.
Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife
Stellantis CEO Carlos Tavares’ pay increase has annoyed a subset of shareholders as the automaker positions itself for more layoffs and attempts to shift the production of electric vehicles to countries where labor is cheaper. Meanwhile, the automaker's unwillingness to renegotiate contracts with suppliers had created additional tension with its business partners.
Alfa Romeo Milano Renamed ‘Junior’ to Satisfy Italian Law
Following criticisms and potential legal actions stemming from the Italian Minister for Business, Alfa Romeo has opted to rename the recently revealed Milano crossover. The subcompact model will now be called the “Junior,” which sounds like the kind of name someone comes up with for a small car out of sheer desperation.
Rare Rides Icons: The Cadillac Eldorado, Distinctly Luxurious (Part XXI)
It was time for a new styling theme at Cadillac in 1959, when lead designer Harley Earl reached mandatory retirement age. Bill Mitchell, longtime right hand man and team succeeded Earl and implemented immediate styling changes. Some of those - like huge fins - were to compete with Chrysler and Imperial designs, but others were an effort at streamlining and modernization; moving away from post-War looks. Today we’ll take a look at the changes underneath these grandiose and (often) pink metallic bodies.
Report: Aston Martin Actually Won’t Be Going All Electric
Despite previously having vowed to offer an entirely electric lineup by 2030, Aston Martin has decided to continue selling internal-combustion vehicles beyond the next decade. Company chairman Lawrence Stroll now believes that there will always be demand for combustion engines. Apparently, customers had conveyed to Aston dealers that they still prefer traditional powertrains and want the sensations associated with gasoline-powered automobiles.
Italian Government Upset Alfa Romeo ‘Milano’ Will Be Built in Poland
The Italian Minister for Business has criticized Stellantis for manufacturing the Alfa Romeo Milano outside of the country, suggesting that the automaker had likely violated the law.
Alfa Romeo Reveals Milano EV, Brand’s First All-Electric Model
Alfa Romeo has revealed its very first all-electric model, the subcompact Milano crossover. However, the automaker likewise plans on offering a hybrid version that mates a 1.2-liter three-cylinder turbo to a 28-horsepower electric motor attached to the six-speed dual-clutch gearbox. While a that makes the model a 48-volt mild-hybrid, it should help Alfa cope with stringent emissions regulations and also serve as the volume model for numerous markets.
New Mexico EV Mandate Stands After Opposition from Car Dealers
The State of New Mexico has denied a petition put forward by automotive dealers to ease off on planned electric vehicle mandates. The groups had claimed that forcing electrification would hamper commerce by encouraging residents to purchase more vehicles from neighboring territories and were limiting residents freedom of choice. However, a governor-appointed state Environmental Improvement Board reportedly voted to deny the challenges late last week.
Gas War: Appeals Court Upholds EPA Approval of California Emissions Rules
On Tuesday, a U.S. appeals court agreed to uphold the Environmental Protection Agency's decision to re-grant a waiver that allows California the ability to set its own tailpipe emissions limits and electric vehicle mandates.
Report: Base GMC Hummer EV Canceled
For those with the capacity to think back all the way to 2021, you may recall GMC announcing that the all-electric monstrosity that is the Hummer EV would come with a base trim after the limited launch edition (E1) became the less-collectable EV3X. The base model was to wear the EV2 suffix and effectively be a more affordable version of the EV2X by ditching the peppy tri-motor setup and running with the 400-volt electric architecture and a smaller battery pack. Originally estimated to retail for $79,995, it would have been the cheapest way to get into a modern Hummer.
However, it looks like General Motors has abandoned the idea — likely due to it not making much financial sense.
Lotus Posts $750 Million Loss for 2023 While Also Setting Sales Record
Lotus has reported a net loss of £594 million (about $751 million USD) for 2023. However the company actually had a good sales year, moving 6,970 vehicles in a twelve-month period. Lotus noted that sales ramped up in the final quarter of 2023, with the company seeing a 110-percent increase after the launch of the Lotus Eletre SUV. Though getting that vehicle, and other upcoming electric models, into production are one of the primary reasons for its crash burn.
Rare Rides Icons: The Cadillac Eldorado, Distinctly Luxurious (Part XX)
Hagerty Canceling Detroit Concours d'Elegance for 2024
The annual Detroit Concours d'Elegance is being canceled this year so Hagerty can reassess the event. While the company has stated that it remains committed to the Concours, the messaging was mixed enough to leave doubts about whether there will actually be another one.
Lancia Continues Teasing Returning to Rally
A former rallying icon has confirmed its intention to return to the sport of rallying after a three-decade absence. Lancia — creator of the Stratos, Delta Integrale, and 037 — has said it’s actively trying to re-enter motorsport. But the Italian automaker also has to make the finances work before it’s willing to move forward with the program.
Gas War: Biden Admin Decides Against Refilling Dwindling Oil Reserves, Citing High Prices
The Biden administration has decided against purchasing oil for the Strategic Petroleum Reserve after promising to refill the nation’s emergency energy supply after it reached a 40-year low. This news does not bode well as we head into the summer months when fuel prices tend to be higher.
America’s oil reserve is currently authorized to hold more than 720 million barrels of emergency crude oil that can be released under certain conditions. While the exacting thresholds are fairly vague, emergency drawdowns have occurred in the past due to oil supply disruptions stemming from trade embargoes, natural disasters, and warfare. The Biden administration argued that both the COVID-19 pandemic and Russo-Ukrainian War qualified.
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