Articles in Diesel News

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 …

Volkswagen Passat Reaches the End of the Road in the U.S.

Volkswagen Passat Reaches the End of the Road in the U.S.

Once upon a time, boys and girls, there was the Chevrolet Impala, the Buick Electra, the Ford Taurus, and even the Lincoln Continental. But car buyers began to reject sedans in favor of crossovers and gone were these models with the stroke of a pen, along with Acura RLX, the …

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 …

Oil Prices Hit Two-Year High as OPEC Sees Higher Demand

Oil Prices Hit Two-Year High as OPEC Sees Higher Demand

The price of oil settled at a two-year after OPC and its allies said they would maintain the current output plan amidst a forecast of higher demand.
Brent crude, the is the leading global price benchmark for Atlantic basin crude oils, rose 1.3% to $70.25 a barrel, its highest close since …

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 …

Higher Prices Greet Drivers at the Pump as Memorial Day Holiday Looms

Higher Prices Greet Drivers at the Pump as Memorial Day Holiday Looms

Woman Sets Herself on Fire Hoarding Fuel in Pontiac
The Memorial Day holiday weekend may be two weeks away, but vaccinated Americans hoping to get an early start on the holiday or just get away for the weekend may be in for a surprise at the pump.
The price of a …

37 Million People Expected to Hit the Road This Memorial Day

37 Million People Expected to Hit the Road This Memorial Day

If you are heading out on the road or by air to celebrate Memorial Day weekend, you most certainly won’t be alone. Some 37 million Americans will hit the road according to figures released by the Automobile Association of America.
While the figure is 60% greater than the number of people …

In Speech to Congress, Biden Calls for the Deployment of 500,000 EV Charging Stations

In Speech to Congress, Biden Calls for the Deployment of 500,000 EV Charging Stations

While Not ‘A Chicken in Every Pot,” The Program Will Propel U.S. Towards an EV in Every Garage
In his first address to Congress, President Joseph Biden proposed spending $15 billion to fund the creation of a national network of electric-vehicle charging stations as part of the administration’s American Jobs First plan …

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 …

2 Killed in Tesla Crash in Texas Where ‘No One Was Driving’

2 Killed in Tesla Crash in Texas Where ‘No One Was Driving’

Two men were killed in a crash in Texas after the Tesla they were riding in, with neither behind the wheel, crashed into a tree and burst into flames, local officials said.
The crash took place Saturday night in Spring, Texas.  One person was found in the front passenger seat, and …