Joe Biden-backed EV startup Fisker filed for bankruptcy late Monday, planning asset sale amid manufacturing halt. Henrik Fisker, former Aston Martin and BMW designer, founded the company, which has filed for bankruptcy twice. Fisker, an electric vehicle startup, filed for bankruptcy late on Monday, announcing plans to sell its assets
Mercedes-Benz’s 30-year journey in India began with the 1994 W124 launch with Tata Group, highlighting its strategic patience and deep commitment to the Indian luxury car market. Patience is considered a virtue. And in India, it has undoubtedly been the case for German premium carmaker Mercedes Benz. Having arrived in
Reuters reported that China has given the green light for Tesla’s “Full Self-Driving” (FSD) testing, potentially opening the doors for expansion in the auto market. This development could redefine Tesla’s position in China’s burgeoning electric vehicle industry. Recently, Beijing gave Tesla the go-ahead to launch its driver-assistance technology, dubbed “Full
The European Commission declared on Wednesday that, starting early next month, it will impose tariffs as high as 48% on Chinese electric vehicles. The European Commission has imposed fresh duties of its own on Chinese electric vehicles, batteries, solar panels, steel, aluminum, and medical equipment, approximately one month after President
According to The New York Times, your driving may be secretly scored as auto insurers increasingly monitor driving habits through data collection, impacting both insurance rates and privacy. You are aware of your credit score. It may also be the case that you have a driving score. Your driving habits,
According to the Daily Mail, Joe Biden has unveiled a new scheme to phase out gas cars after ordering manufacturers to achieve another 16 miles per gallon to stay operational. Joe Biden is determined to ruin the American auto industry and force common people to drive wasteful electric vehicles, and
According to data from The National Insurance Crime Bureau, Kia and Hyundai top the list of the 10 most stolen vehicles in America. Vehicle theft rates have increased in the United States since the pandemic began. Over a million cars were reported stolen in 2023. The National Insurance Crime Bureau’s
Nissan, in a statement, warned U.S. owners of older vehicles like 2000s Sentra and Pathfinder not to drive them due to the risk of exploding airbags caused by defective Takata airbag inflators. Nissan is advising owners of around 84,000 older cars in the United States to cease operating them due
According to CalSTA, California is testing a “road charge” system as gas tax revenues dwindle. Participants report mileage voluntarily, aligning with Biden’s push for electric vehicles. A “road charge,” which would impose fees on drivers based on their mileage rather than their petroleum purchases, is being tested in California, a
