Online used-vehicle retailer Shift Technologies Inc. said Thursday its board of directors is working with management and financial and legal advisers to assess a range of “strategic alternatives” for the company. in a statementShift said its board of directors was conducting a process to “explore and evaluate strategic alternatives, including exploring a potential sale of…
Tag: china automotive news
Searching “Windshield Replacement Near Me”
Car windows and windshields are things that many drivers just don’t think much about– until one day they suddenly need to be replaced. Maybe it’s a large chip, or a small crack that has since flourished over time into a web of other cracks. Perhaps it was a single incident of blunt force that smashed…
Tesla cuts prices in Germany, France to boost demand
BERLIN — Tesla’s latest price reductions in Europe were made possible because of a scaling up and improvement in its production capacity, the company said. Tesla cut prices in European markets including Germany and France on Friday, with all versions of the Model 3, Model S, and Model X selling for lower prices as well…
Nikola battles for scarce funding as it launches its first truck
Like every other startup, Nikola is in search of funds to continue its mission to deliver zero-pollution cargo-moving trucks. Last week, it floated a $100 million stock offering that underwhelmed Wall Street. The company’s cash is being spent in three major areas: building trucks, creating a network of hydrogen fueling stations and developing software for…
Luxury tax is an administrative headache, dealers say
However, CRA appeared to dispute the criticism. “The CRA received a manageable number of calls that were responders [to] in a timely manner,” it said in an emailed statement. The CRA created a “landing page” on its website last July to address questions and explain how the tax is applied. “We met with the industry…
UAW President Shawn Fain prepares for ‘war’ against corporations
“We have the discipline we need to organize better than ever before,” Fain said. “We have the understanding we need to regain the trust of the membership. We have the organization that, if united in a common goal, we cannot be defeated. We have the will to sacrifice for the greater good, including on the…
Guide to Windshield Replacement in Arizona
Many drivers think they will be perfectly safe driving around with a crack or chip in their windshield, this often isn’t the case. Any obstruction in the windshield can result in unsafe driving conditions and could ultimately cause an accident. Because chips and cracks are prone to spreading over time, especially when exposed to the…
Stellantis releases details of the STLA Medium EV platform
Stellantis’ STLA Medium platform will underpin at least 2 million EVs a year and offer a range of up to 700 km (435 miles) on vehicles starting with the Peugeot 3008 SUV by the end of this year. The platform — which Stellantis says is “BEV by design” — is one of four electric architectures…