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May 30, 2021
The offer has been increased. It was revealed last week that a Swiss holding company called Quantum Group AG offered to buy Lamborghini from the Volkswagen Group, where its officially controlled by Audi, for over $9.1 billion. The German automaker immediately rejected the offer, stating the Italian supercar company was not for sale despite rumors to the contrary last year. Within just a couple of days of VWs announcement, the Quantum Groups two founding partners, Rei Stark and Toni Piech, the g...
May 28, 2021
Finally, it seems we know when to expect the new systems. Elon Musk has been shaking things up in the cryptocurrency world, but more controversial than his conflicting tweets is his companys so-called Full Self Driving system. Weve been waiting for more updates on when this system might finally be released, and last month, we heard that it would be soon. Now we have more info, thanks to a tweet from Teslarati explaining the recent updates that have been made to Teslas website. Musk replied to t...
May 28, 2021
Polestar 2 Electric Car Exterior After the gorgeous Polestar 1, the Polestar 2 is rather ordinary to look at. While we never expected a liftback sedan to be as alluring as a glamorous coupe. There are clear Volvo influences, such as in the wraparound taillight arrangement, which is similar to the rear of an S60 or S90 sedan. To its credit, the rest of the design is clean and stylish, with sharp lines taking the place of curves and while it doesnt stand out in a crowd, its not just another car i...
May 27, 2021
Most notably from its German rivals. Automakers are now more environmentally conscious than ever before, and the race is on to achieve carbon neutrality. But some are taking this task more seriously and aggressively than others, namely Volvo. The Chinese-owned Swedish automaker has just announced its oldest factory in Sweden has reached full carbon neutral status. The Torslanda plant, home of the Volvo XC90 and S90 range, is the companys second facility to gain this status following its Skovde ...
May 27, 2021
Details of the proposal are here. In somewhat unexpected news earlier this week, the Volkswagen Group received a $9.19 billion offer to buy Lamborghini from Swiss holding company Quantum Group AG. The German automaker quickly turned down the offer by making it very clear Lamborghini was not for sale. Speculation about the Italian supercar companys sale or IPO has been around for months, but VWs final decision is just that - final. Or is it? Following VWs rejection, Reuters reports that the Quan...
May 26, 2021
Reports of Lamborghini being spun off from parent company Volkswagen Group have been swirling around for mo...
May 21, 2021
The Lone Star state isnt the only state considering this. The idea of Texas, or any other state in the union, applying a special tax to electric vehicle owners sounds kind of absurd. But there is a logic to it. Texas lawmakers have just introduced state Senate Bill 178 that if passed in its current form, will require EV owners to pay an annual fee of between $190 and $240. Owners who drive their EVs over 9,000 miles a year will be slapped with an additional $150 fee. Plus, therell be an annual ...
May 21, 2021
Hyundai, Buick, and Toyota also put in strong showings. Unless its a Civic Type R or the high-revving antics of the discontinued S2000, Hondas arent typically known for getting your blood racing. That said, they do make unquestionably sensible purchases. Honda owners tend to keep their cars for a long time thanks to their reliability and its not all blind brand loyalty; we recently described the Ridgeline as the most underrated truck in the country and you wont easily find a better all-rounder ...
May 21, 2021
Get ready for a different type of government incentive. Aside from state tax incentives of varying amounts, theres been a $7,500 federal tax credit for a few years now. Both General Motors and Tesla have already exhausted their allotted 200,000-credit ceilings. Both automakers are pressuring the Biden administration to reinstate them as part of a greater effort to entice more Americans to buy electric vehicles. But heres the kicker: mainly only wealthy consumers have been able to take advantage...
May 20, 2021
Chevrolet Of course, this could just be one designers wet dream of what a Silverado ought to look like, but wed like to think that the vented hood with its integrated power bulge as well as the other sporty styling elements could point towards a Silverado ZL1 to rival Rams indomitable TRX and Fords feisty Raptor. That idea is more than just a flight of fancy since Chevrolet has been reported to be working on just such a thing. If so, a supercharged 6.2-liter V8 would be right at home here, ...