Lucid’s Q1 Loss Leads to Stock Decline, Gravity SUV Set for ‘Late 2024’ Launch
Introduction: The electric vehicle (EV) maker Lucid (LCID) recently reported its first-quarter results, which were a mix of positive and negative news. While the company exceeded revenue expectations, it also reported a wider-than-expected loss per share. Despite this, Lucid confirmed that its Gravity SUV is still on track for a 2024 debut. In this article, we will delve into Lucid's first-quarter performance, its production and delivery numbers, its capital expenditures, and its cash position, as…
Top Mother’s Day Drinkware Options – Featuring Coffee Mugs and Water Bottles from Trusted Brands such as Stanley, Yeti, Hydro Flask, and More
Mother's Day is a special occasion to celebrate the amazing women in our lives, and what better way to show appreciation than with the perfect drinkware gift. Whether your mom enjoys a hot cup of coffee in the morning, needs a reliable bottle for workouts, or simply loves a refreshing drink on the go, there are plenty of options to choose from. In this comprehensive guide, we'll explore some of the best drinkware products on…
Mexico Gets Access to the Subaru WRX Wagon Unavailable in US Markets
The United States might be one of the world’s largest car markets, but that doesn’t mean we’re special. Time and time again, we’re reminded that there are great cars out there we can’t buy (new, at least), and sometimes they’re so close you could lick the door handles. Soon sitting on our doorstep will be a sporty new car we can’t purchase—the Subaru WRX Sportwagon. The longer-roofed Subaru goes on sale in Mexico later this…
What is the optimal time to purchase a vehicle?
When it comes to buying a new car, timing is crucial in order to get the best deal possible. Knowing when to buy can save you a significant amount of money, whether you're in the market for a new or used vehicle. In this article, we will explore the best times to buy a car, including the best month, time of day, day of the week, and holidays. We will also discuss the worst times…
Infinite Headroom and 443 HP in the 2025 Mercedes-AMG CLE53 Cabriolet.
The Mercedes-AMG CLE53 Cabriolet: Unleashing Power and Luxury The Mercedes-AMG CLE53 Cabriolet is the latest addition to the AMG lineup, offering a combination of power, luxury, and open-air touring experience. With 443 horsepower coming from the turbocharged 3.0-liter inline-six engine, this convertible provides a thrilling driving experience. In this article, we will delve into the key features of the CLE53 Cabriolet, from its performance capabilities to its design elements and technology upgrades. ### Performance Features…
More staff in software and service teams laid off by Tesla
Introduction: Tesla has recently announced another round of layoffs, affecting staff from various departments within the company. This move comes after a previous announcement of a global workforce reduction of over 10%. The company, led by CEO Elon Musk, has been facing challenges such as dropping sales and increased competition in the electric vehicle market. Despite these challenges, Tesla remains focused on developing new models to improve its capital expenditure management. Impacts of the Layoffs…
Trump was McLaren’s guest at the Miami Grand Prix
Former President Donald Trump made a surprising appearance at the Miami Grand Prix as a guest of McLaren, sparking both cheers and boos as he walked through the pit lane. Despite facing a criminal trial, Trump's visit caused a frenzy of attention, with TV announcers even making puns about his presence. Trump met with McLaren CEO Zak Brown, F1 boss Stefano Domenicali, and FIA president Mohammed Ben Sulayem before McLaren went on to win the…
Mercedes-Benz reports that 80% of G-Wagens remain in good condition on the road
Introduced in 1979, the Mercedes-Benz G-Class has gained a reputation for its exceptional durability over the years. With 80% of the Gs ever built still on the road today, the German automaker has proven the longevity of this iconic SUV. Despite requiring more material than compact cars, the G-Class boasts an impressive lifespan that outlasts many other vehicles on the road. Originally plagued by rust issues, early G-Class models shared engines with some of Mercedes-Benz's…
Maserati and GranCabrio Trofeo Showcased at Motor Valley Fest 2024
Maserati at the Motor Valley Fest: Celebrating 110 Years of Excellence Maserati, the iconic Italian luxury brand, will be a prominent presence at the sixth Motor Valley Fest from Thursday 2 to Sunday 5 May. The event, taking place in Modena, the UNESCO world heritage site and home of the Trident, will bring together big names in Italian motoring with guests from around the world to discuss the challenges and opportunities of the new electric…
EXEED Augments Presence in High-End Market with Alliance at Beijing Auto Show
Introduction Silver Lake Motors, a subsidiary of Al Mana Holding, recently introduced the innovative global brand vision of EXEED during a press conference at the Beijing Auto Show. The brand unveiled its forward-thinking strategy, highlighting the fusion of Internal Combustion Engines (ICE) and New Energy Vehicles (NEVs) to meet current market demands. Chao Qin, CEO of EXEED, emphasized the company's commitment to elevating its luxury brand image and catering to high-end users globally. This article…