Solera Auto Finance bought by managers, Obra Capital; now called Arra Finance
Solera Auto Finance’s leadership has purchased the lender in a management buyout with partner Obra Capital and renamed the company Arra Finance. It will write subprime auto loans at new- and...
Acura Performance EV concept revealed in Monterey
Acura on Thursday unveiled a striking SUV concept that previews the next electric vehicle it has in the pipeline. The new Performance EV concept was unveiled at 2024 Monterey Car Week currently...
First Shift: Automotive tech in energy storage boom
• Automotive tech in energy storage boom • Rising satisfaction with public charging • Texas sues GM over driver privacy • Volvo’s zero-emission future • Waymo robotaxis: Loud...
Polestar 3 electric SUV starts production in US
After some delay, the Polestar 3 electric midsize SUV has started production at Volvo’s plant near Charleston, South Carolina, paving the way for the start of customer deliveries in the U.S....
Tom Petty’s 1965 Ford Mustang headed to auction
It’s time to move on for much of rock ‘n’ roller Tom Petty’s personal collection, including his 1965 Ford Mustang. The Rangoon Red convertible will be auctioned off on Friday...
2025 Mazda CX-30
What kind of vehicle is the 2025 Mazda CX-30? What does it compare to? The 2025 Mazda CX-30 is a subcompact crossover SUV with some sporty character. Compare it to everything from the Hyundai Kona...
GM sued for selling info of 16 million drivers to insurance companies
General Motors has been sued by the state of Texas for allegedly selling detailed driving records to insurance companies at a profit, the New York Times reported on Tuesday. Using its OnStar...
JD Power: Charging satisfaction is on the rise
DC fast-charging usage has improved, according to Power Ease of charging and payment acceptance were the biggest differentiator between Tesla’s network and others Some 19% of those surveyed...
First Shift: Recycling can help battery sourcing
• Recycling can help battery sourcing • Kia-Hyundai anti-theft fix working • Solid-state EV batteries’ outlook • Nissan dealership profits tank • Musk pitches EVs to Trump...
EVgo aims to improve charging reliability
EVgo is looking to tackle the issue of charging reliability with upgraded hardware and more extensive diagnostics. In a press release, EVgo said it was making progress in bringing its public...
These apps provide the route-planning smarts some EVs lack
Good EV route planning shortens trips by connecting the fastest compatible chargers at the right time Not all automaker apps and interfaces provide the tools for the quickest EV road trips Even if...
Lexus EV concepts to make North American debut at Monterey Car Week
The Lexus LF-ZL and LF-ZC concept EVs feature styling cues and advanced technology that brand officials said will be coming to Lexus within the next several years.
Private equity firm buys auto retail ID check, remote notary provider Mavsign
Maverick Document Signings, which provides remote notary and identification verification services to car dealerships, has been purchased by private equity firm 1876 Partners, Colonnade Securities...
Kia Carnival road trip: A father and son grow up on the road
2024 Kia Carnival acts as transporter, living room, and sanctuary on the road Covering 700 miles, averaging 26.2 mpg, the Carnival impresses, even before the 2025 hybrid arrives National Parks,...
Mazda EZ-6 electric car goes global, U.S. unlikely
The Mazda EZ-6 sedan will be the automaker’s first global-market EV, although Mazda isn’t specifically discussing plans to sell it in the U.S. Mazda unveiled the EZ-6 in April at the...
What’s New for 2025: Mazda
Mazda charges into 2025 with a growing lineup of crossover SUVs and an expansion of its plug-in hybrid powertrain option as well as its first modern hybrid offering. Without an electric car in its...
Mazda EZ-6 electric sedan confirmed as brand’s first global EV
Mazda on Tuesday announced that the EZ-6 electric sedan will be its first global-market EV. Mazda revealed this sedan in April in China, and at that time it didn’t provide information about...
Audi slashes EV interest rates, but Tesla Y can cost a lot less
Current Audi EV financing undercuts Tesla, but it may still be possible to get a better deal overall from the U.S. automaker, reports CarsDirect. A recent dealer bulletin showed 0.99% financing on...
Cadillac Lyriq AWD recalled for potential brake failure
General Motors is recalling 2023-2024 Cadillac Lyriq electric SUVs over potential unexpected activation of anti-lock braking systems (ABS). The recall encompasses 21,469 vehicles in the U.S., all...
Chevrolet Equinox EV Vs. Hyundai Ioniq 5 Compared: Range, Price, Charging
Despite some hiccups in their plans, Hyundai and General Motors are charging ahead with their lofty electrification goals. Their entry-level electric SUVs, the Ioniq 5 and Chevrolet Equinox EV,...