Analysis: The GMC Hummer EV is a great implementation of an awesome idea

CNN – With the GMC Hummer EV, GM designers and executives wanted to create a vehicle that would destroy stereotypes about electric vehicles and what they can do. In this regard, the GMC Hummer EV has been a notable success. It’s unlike any electric car – or any vehicle in any form of power – … Read more

Chevy Bolt hits the reset

Photo: Bother Chevy says bolts are good now, Hummer EV buyers seem unbearable, and VinFast. All that and more in morning shift On April 7, 2022. First gear: Bolt Chevy Bolt, like you will remember, It was the subject of a massive recall last year due to a possible fire related to its batteries. this … Read more

GM takes a spin on Tesla and changes its approach with a new giant truck

GMC Hummer EV Edition 1 Michael Wayland/CNBC Phoenix – The new GMC Hummer electric pickup is different for General Motors and not just because it’s not as fuel-intensive as its predecessors. It represents a major shift for the historically conservative Detroit automaker in both form and function, according to those who worked on it. The … Read more

Volkswagen to give up cheap cars

Nearly 20 years after Volkswagen introduced the Phaeton to the “huh?” From the buying public, Volkswagen is again doubling down on premium models that offer higher profit margins than the cheap stuff. All that and more in morning shift On April 6, 2022. Step one: It must be fun to be an Audi CEO right … Read more

Hertz buys 65,000 electric cars from Polestar

New York CNN Business – Swedish electric car maker Polestar will sell up to 65,000 electric cars to Hertz over the next five years, the two companies announced Monday. The move comes on the heels of Hertz’s order for 100,000 electric cars from Tesla in October 2021. Polestar CEO Thomas Ingenlath previously told Automotive News … Read more

Car dealerships are getting bigger and bigger

Commercial agencies in America are getting bigger and bigger, with more and more mergers. All that and more in morning shift On 4 April 2022. First gear: Unification is ready The industry trade that represents auto news reports a lot on the auto dealership business, and this year’s report indicates that consolidation continues unabated. The … Read more

Is CNN’s new streaming service in danger?

On Monday night, speaking to a crowded crowd at the upscale Beck restaurant in Manhattan, CNN’s Andrew Morse was searching for a cumbaya moment — something that brings the turbulent and challenging channel into ratings after a series of high-profile shootings and scandals have cast doubt on his future. . This thing is known as … Read more

New vehicles should average 40 mpg by 2026, up from 28 mpg

DETROIT (AP) — New cars sold in the U.S. will have to reach at least 40 miles per gallon of gasoline in 2026, up from about 28 mpg, under new federal rules unveiled Friday that cancel the rollback of Standards Enacted under President Donald Trump. The National Highway Traffic Safety Administration said its new requirements … Read more

GameStop meme stock has another wild meme moment

Photo: Kotaku / Spencer Platt (Getty Images) People were waiting GameStop bubble To pop for over a year now. Instead, the struggling video game retailer posted another record week on Wall Street. earnings Down. employee morale in the pits. But the company’s stock surged from $78 a share last month to more than $185 in … Read more

Few people buy cars and Biden goes broke: gas price watch

Clarification: Angelica Alzona (Shutterstock) Good morning and happy Friday! We did it. I’m proud of us. It’s been a tough week, right? It’s been pretty tough for gas prices, too. They were dropping by a penny a day, which is something – but not much *something*. The average price for a gallon of regular gasoline … Read more