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Ford, VW Reach Deal on Global Technology Partnership

Ford Motor Co. and Volkswagen AG have forged a new partnership centered on electric-vehicle and autonomous driving technology that calls for billions of dollars in investments and the introduction of a range of new vehicles.

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NAC: Industry Trends Drove Service Contract Refresh

Vehicles and transportation options are changing, National Auto Care executives say, and F&I products must evolve to keep up.

GM Expects to Fall Short of 2017 Electric Vehicles Target

General Motors Co said it will fall short of its goal of having 500,000 GM vehicles on U.S. roads by 2017 that are powered by some form of electricity, reported Reuters. The No. 1 U.S. automaker said in its annual sustainability report that lower gasoline prices and a “surge” in model offerings from all automakers ... Read More »

Volkswagen’s Audi Aims to Launch Two Electric Vehicles by 2018: CEO

Volkswagen’s premium Audi division aims to bring two purely electric vehicles to market by 2018 as it tries to catch up with rivals such as Tesla Motors and BMW, reported Reuters. Audi’s Chief Executive Rupert Stadler told German daily Frankfurter Allgemeine Zeitung (FAZ) in an interview to be published on Saturday that the launch of ... Read More »

Automaker Tesla’s Direct-To-Consumer Sales May Already Be Illegal in Michigan

LANSING, Mich. – Electric vehicle manufacturer Tesla, known for bypassing dealers and selling directly to consumers, is afraid an amendment to an unrelated bill would prevent the manufacturer from doing just that, reported Michigan Live. But the bill’s supporters say current law already precludes that. That’s the understanding of Terry Burns, executive vice president of ... Read More »

Tesla Motors’ Loss Widens on Higher Spending

Tesla Motors Inc said its second-quarter loss increased to $62 million, or 50 cents a share, from a $31 million loss a year ago as the company ramped up spending to develop its second electric vehicle, added workers and expanded into China, reported The Wall Street Journal. Tesla said it delivered 7,579 Model S vehicles ... Read More »

Tesla Makes Strides on East Coast

Technology Advancements Present Challenge to Car Servicing Industry

Ford Ramps Up Electric Vehicle Development and Production

Electric-Drive Vehicle Demand Recharged by Gas Prices