Monaco-based Venturi Automobiles will longer produce automobiles, and has also ceased its Voxan electric motorcycle project. Instead, it will focus on racing in the Formula E and setting speed records.
The Dodge Grand Caravan is set to live through the 2016 and 2017 model years, according to a leaked FCA production document. Under the company's five-year plan, the minivan was previously scheduled to retire in 2016 when the new Chrysler Town and Country debuted.
Tesla has received a line of credit worth up to $750 million from some of the world's top financial instutiions, including Morgan Stanley and JPMorgan Chase, to finance growth over the next five years.
General Motors is announcing further cuts in production of the Chevy Sonic and Buick Verano at the Orion Assembly plant. Sales of both vehicles are down through May 2015. The plant is also laying off about 100 workers in phases starting in July.
BMW finds "technical challenges" with Malaysia's proposed B10 biodiesel blend. A new real estate lease allows Tesla to expand manufacturing in California. Pacific Ethanol becomes the fifth-largest US producer.
The bipartisan Low Volume Motor Vehicle Manufacturers Act (H.R. 2675) being proposed in Congress would open the door the small-scale manufacturing of turn-key replica cars with a new set of NHTSA and EPA standards.
Tesla Pays Hackers For Help With Website Security, Volta Announces Free Car Charging Model
Tesla's Gigafactory was filmed by drone again. Tesla is rewarding hackers for finding security bugs. Daimler, Bosch and Car2go are teaming up on autonomous parking. Volta is expanding its free EV charging network.