Today General Motors announced the execution of an unsecured $14.5 billion revolving credit facility, which will consist of both a $10.5 billion five-year facility and a $4.0 billion three-year facility. The facility is meant to amend as well as extend the company’s currently existent $12.5 billion revolving credit facility. “We believe this larger revolver, along…
2017 Ford Fusion Energi Hey, cool cat! You wanna be hip to the latest trends out of the City of Angels? Well, if being hip entails purchasing a new automobile, then you may now want to lend more consideration to the fuel-efficient variants of the 2017 Ford Fusion. Ford analyzed June sales figures and found…
Lake Geneva Photo:Zacharie Grossen Everybody learns about the water cycle in grade school and one of the most powerful forces in the cycle is evaporation—so powerful, in fact, that coupled with special devices, the open bodies of water across the United States (not including the Great Lakes) could produce 325 gigawatts each year through evaporation….
“It’s not who I am, but what I drive that defines me.” Batman has never been a stranger to incredible cars. Whether they are different versions of the Batmobile or simply cars that his alter-ego Bruce Wayne drives, you can’t deny that the Caped Crusader has a wicked sense of style. One of the most stylish…
The 2017 automotive show season is in full swing and this week marks the opening of one of the nation’s biggest: the Chicago Auto Show. All the big brands are gathering in the Windy City to show their newest wares, including Korean automaker Hyundai and its luxury line Genesis. The most anticipated news concerning Hyundai…
▶ China reportedly plans to slash auto tariffs — a huge win for Trump — and auto stocks are moving: Shares of Fiat Chrysler, General Motors and Ford jump in intraday trading on reports that China is moving toward cutting tariffs on autos made in the U.S. https://t.co/HuWxLYz2Nh — FinanzLinksASIA (@FinanzLinksAsia) December 11, 2018 This…
Ford Motor Company’s Changan Ford joint venture announced this month plans for a $116 million investment that will facilitate the expansion of its Chongqing Technology Development Center. The expansion will be used to increase Changan Ford’s vehicle testing and development capabilities; the facilities established through the expansion will emphasize vehicles, powertrains, and eventual testing of…
Cadillac had a “shocking” announcement to make about its powertrain research Diesel-based powertrains have been on the decline for quite some time now. Following the events of Dieselgate, sales of diesel-based vehicles have plummeted in markets like the U.S. and Europe. Originally, Cadillac planned to invest in diesel-based versions of its vehicles. However, the company…
Last year, BMW became the official vehicle partner to the International Automobile Federation’s Formula E Racing. The electric car racing circuit focuses on one-seat electric cars that compete in racing events in large city centers around the world. Recently, BMW decided to renew its support for the fledgling race series. This demonstrates BMW’s lasting commitment to electric…
The wait list for Tesla’s Model 3 keeps growing, and drivers will have to wait at least a year before the car even enters production, and that’s only if everything runs smoothly. After that, Tesla still needs to have a high volume of production to be able to fill all of the orders, and some…
One of the first things you think about when it comes to big cities is traffic. Clogged roadways, slow moving highways, and smog on the hottest days come to mind, and they don’t paint a pretty picture. BMW knows that, and is working toward a better future. Modern cities have mostly been based around cars,…
Well, folks, I am distraught. The time that I have dreaded since… Saudi Arabia is on our radar here at The News Wheel particularly… You have heard a fair amount from we editors of The News… Two years ago, GM told the world that it was working on… During the school year, school buses driving…
While a fully electric dragster might sound like a paradox, the Chevrolet eCopo Camaro is working to disprove doubters by shattering stereotypes on the drag strip. The electric blue, lightning-bolt emblazoned Camaro was put to the test at Arizona’s Wild Horse Pass drag strip, and it passed with flying colors. Driven by an electric crate…
Today at Auto Shanghai 2017, Honda exhibited the world premiere of the CR-V Hybrid, the brand’s all-new SUV model for the Chinese market. The Honda CR-V Hybrid features a Honda Sport Hybrid i-MMD two-motor hybrid system, as well as a full complement of features that includes the Honda Sensing suite of safety technologies. The new model…
Photo: Pixabay If you’re new to the world of automotive, it may take some time to pick up the lingo. We have a list of some basic terms you should know, but there are still dozens of acronyms automotive journalists and enthusiasts use on a daily basis. Here’s a glossary of some of the most-used…
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