Freightliner owner Daimler Truck is launching a new brand of electric class 4 and 5 trucks, the company announced Thursday. The new brand, Rizon, will sell and service the zero-emission vehicles exclusively through the commercial vehicle outlet Velocity Vehicle Group in the U.S., starting with deliveries in California and New York in the fourth quarter […]

Ford Motor Company CEO Jim Farley says Tesla’s price war strategy for electric vehicles is not a new one. Musk’s decision to slash prices and protect volume over profit margins reminds Farley of 1913, when Henry Ford used a similar strategy to spur Model T sales. The executive told reporters last week that Musk’s move

Aventon Bikes is loved by many thanks to its affordable offerings geared towards daily commuters and adventure enthusiasts. Its first folding bike model, the Sinch, was very well received thanks to its ease-of-use, compact size, and impressive performance. Naturally, a company as future-forward as Aventon wont be content with a good product – it wants

Three dealership groups expanded in three first-quarter transactions, while an auto retailer and partner added a pair of stores in a third-quarter 2022 deal. Here’s a look at the transactions involving domestic and import dealerships in Massachusetts, Virginia, Wisconsin and Indiana. Village Automotive adds Stellantis dealershipRay Ciccolo, the 85-year-old president of Village Automotive Group, continues

General Motors will invest more than $100 million in its largest parts processing center to add technology, create a more modern warehouse operation and improve worker safety. The automaker said its Davison Road Processing Center outside Flint, Mich., part of the Customer Care and Aftersales division, will be updated with automated storage and retrieval and

Electric vehicles may be more expensive to buy outright than their internal combustion engine counterparts, but what matters more for the buyer is the total cost of ownership, which factors in costs like fuel, maintenance, insurance, and even vehicle depreciation. Obviously, these costs vary from vehicle to vehicle and can add up to many thousands

Tesla’s price cuts continue, though this time the reduction only applies to an “extra.” The US EV maker quietly dropped the price of adding the Model Y’s optional third-row seats to $3,000. When Tesla first revealed the Model Y, one feature of emphasis was its available third row. This was because, at the time, the