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Articles by Paul Riegler

Gas Prices Hover at Eight-Year High at Start of Thanksgiving Holiday Travel Week

Gas Prices Hover at Eight-Year High at Start of Thanksgiving Holiday Travel Week

If you think you’re paying more at the pump, you’re not wrong: Gasoline prices have spiked over the past 12 months.
The average price of a gallon of regular gasoline is $3.38 according to the U.S. Energy Information Administration, compared to $2.24 one year earlier, when fuel prices hit record lows …

Ford, GM, Mercedes Among 6 Automakers and 30 Countries in Glasgow Pledging a Zero-Emissions Future

Ford, GM, Mercedes Among 6 Automakers and 30 Countries in Glasgow Pledging a Zero-Emissions Future

Six automakers and 30 countries pledged, at the United Nations Climate Change Conference in Glasgow, to move to eliminate the production of new gasoline- and diesel-powered automobiles by 2040. While the list includes such major automakers as Ford, General Motors, Mercedes-Benz, and Volvo, as well as countries such as Britain, …

Hertz Orders 100,000 Cars from Tesla, Will Rent 50,000 to Uber Drivers

Hertz Orders 100,000 Cars from Tesla, Will Rent 50,000 to Uber Drivers

Hertz Global Holdings announced plans to purchase 100,000 Tesla electric vehicles and later said it will rent 50,000 of them to Uber drivers.
The rental giant, which declared bankruptcy at the start of the pandemic in 2020, said it is making a substantial investment in an electric-vehicle fleet as well as …

New York City Plans Curbside EV Charging Stations

New York City Plans Curbside EV Charging Stations

New York City is planning to offer thousands of curbside public charging stations for electric vehicles and is currently rolling out a pilot program to test the concept.
PlugNYC, the program being operated as a partnership between the city, Con Edison, and Flo, an operator of EV charging infrastructure.
The city will …

The 2021 Frankfurt Auto Show? It’s Now in Munich

The 2021 Frankfurt Auto Show? It’s Now in Munich

Things were different at the biennial Internationale Automobil-Ausstellung, aka the Frankfurt Auto Show, this year.  For one thing, the IAA is now known as IAA Mobility.  It’s also not just about cars anymore, but covers everything from bikes to e-scooters to automobiles.  Oh, and it’s no longer in Frankfurt but …

2021 New York Auto Show Cancelled Amidst Concerns Over Delta Variant

2021 New York Auto Show Cancelled Amidst Concerns Over Delta Variant

The 2021 New York International Automobile Show at the Javits Center was canceled due to the growing incidences of the Covid-19 Delta variant and the increased measures that state and local officials recently announced to stop its spread.
The show was originally intended to open to the public on August 20 …

Lucid Motors, Launching on Nasdaq, Changes Definition of Luxury EV

Lucid Motors, Launching on Nasdaq, Changes Definition of Luxury EV

Tesla competitor Lucid Motors celebrated its debut on the Nasdaq Monday with fanfare worthy of the best of television game shoes, including the appropriate amount of confetti for a company with a market value of roughly $43 billion that has yet to sell a single vehicle.
While there are many comparisons …

VW, BMW Fined €875 Million Over Diesel Emissions Collusion

VW, BMW Fined €875 Million Over Diesel Emissions Collusion

The European Commission Thursday hit Volkswagen and BMW with €875 million ($1 billion) in fines after finding that the German automakers had colluded to hinder competition in emissions systems for diesel-powered automobiles.
The decision encompassed VW’s Audi and Porsche units as well.
The EU’s investigation came in the wake of the VW …

The Insider’s Guide to Fourth of July Road Trips: The Best Times to Travel

The Insider’s Guide to Fourth of July Road Trips: The Best Times to Travel

If you are planning a road trip on Independence Day weekend, you most certainly won’t be alone.
More than 47.7 million Americans will travel during the five-day July 4th holiday period according to the American Automobile Association, and 91% of them will be going by car.
If possible, leave before the extended …

VW to Stop Selling Internal Combustion Engine-Powered Vehicles by 2035

VW to Stop Selling Internal Combustion Engine-Powered Vehicles by 2035

Volkswagen announced it plans to stop selling internal combustion engine-powered vehicles in the European market by 2035 and become completely carbon neutral by 2050, a member of its Vorstand, or board of directors, told a German newspaper on Saturday.
The move comes as it undertakes a global shift to electric vehicles.
“We …

Ford Doubles Down on EVs, Expects They Will Be 40% of Global Volume by 2030

Ford Doubles Down on EVs, Expects They Will Be 40% of Global Volume by 2030

Ford Motor Company plans to boost spending on the development of electric vehicles to $30 billion by 2025, a third more than it forecast earlier this year.
The move comes as the Dearborn-headquartered automaker plans to begin manufacturing its own batteries, including at two new U.S. battery-cell factories in partnership with …

Lyft to Sell Autonomous Vehicle Unit to Toyota in $550 Million Deal

Lyft to Sell Autonomous Vehicle Unit to Toyota in $550 Million Deal

Ride-hailing service Lyft said it plans to sell its autonomous driving division to a unit of Toyota.
The $550 million sale to Woven Planet Holdings, Toyota’s autonomous tech subsidy, will pay Lyft $550 million as part of the deal.  Lyft said it receive an initial payment of $200 million that is …