Category: Automotive News

California’s plan to require electric vehicles comes amid massive shift in auto industry

California could join France, Norway and the United Kingdom in banning cars with traditional combustion engines, after Gov. Gavin Newsom’s executive order to end the sale of gas- and diesel-powered vehicles in the Golden State by 2035.

But there are plenty of obstacles, including the technical challenges of sourcing raw materials and producing enough batteries and fuel-cells, as well as the need to deliver vehicles consumers will want to buy.

“If the government tells you that you can’t build anything other than electric vehicles, consumers will have no other products to choose from,” said Sam Abuelsamid, principal automotive analyst with

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Automotive news, photos and videos – October 15th 2020

Sinroja Motorcycles Remind Us They’re Pros with This Custom BMW R80/7

2020-10-14 / Personally, I’ll never get tired of bespoke two-wheelers. If you feel the same, I’ll have the pleasure of inviting you to witness yet another stunning project

 

RodSpeed’s Custom Mercedes-AMG E53 Coupe Crawls on Vossen Wheels
RodSpeed’s Custom Mercedes-AMG E53 Coupe Crawls on Vossen Wheels

2020-10-14 / Vossen’s unmistakable products have been for many a tuner’s weapon of choice for breathtaking projects. This E53 definitely wears them with pride

 

LeBron James’ New Whip Is MVP-Worthy: A Mercedes-Maybach G650 Landaulet
LeBron James’ New Whip Is MVP-Worthy: A Mercedes-Maybach G650 Landaulet

2020-10-15 / Only 99 luxury SUVs were made since 2018 and The King now has one of them,

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National Fuel Cell Day News: SoCal Edison and Hyundai |

Hyundai Engineering Teams Attempt Land Speed Records with NEXO Fuel Cell SUV and Sonata Hybrid for 2019 SEMA Show

SoCal Gas and Hyundai announced how they are celebrating National Hydrogen and Fuel Cell Day.

Free Meals for Needy

In recognition of National Hydrogen & Fuel Cell Day and the hydrogen-powered Toyota Mirai, Southern California Gas Co. (SoCalGas) and Longo Toyota of El Monte are donating 1,008 meals to non-profit, Meals on Wheels (October 8th and the number 1,008 are used in connection with hydrogen because its atomic weight is 1.008). Toyota’s Mirai fuel cell electric vehicle is powered

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Group 1 Automotive shares jump premarket on upbeat guidance and news to reinstate quarterly dividend

Group 1 Automotive Inc. shares
GPI,
-2.12%
rose 3.5% in premarket trade Tuesday, after the car retailer offered upbeat guidance for the third quarter, unveiled a $200 million share buyback program and said it will reinstate its quarterly cash dividend which was suspended during the pandemic. The Houston-based company said it expects third-quarter per-share earnings of $6.25 to $6.65 and adjusted EPS of $6.50 to $6.80. The current FactSet consensus is for EPS of $3.73. The adjusted number excludes a $3.3 million pretax expense that is equal to 15 cents a share, for redeeming all previously issued 5.00% bonds due

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California wants to ban gas-powered cars, but is the auto industry ready to go all electric?

California could join France, Norway and the United Kingdom in banning cars with traditional combustion engines, after Gov. Gavin Newsom’s executive order to end the sale of gas- and diesel-powered vehicles in the Golden State by 2035.

But there are plenty of obstacles, including the technical challenges of sourcing raw materials and producing enough batteries and fuel-cells, as well as the need to deliver vehicles consumers will want to buy.

“If the government tells you that you can’t build anything other than electric vehicles, consumers will have no other products to choose from,” said Sam Abuelsamid, principal automotive analyst with

Read More