Volkswagen Secures $426M Brazilian Loan to Accelerate Hybrid Development as EV Strategy Falters
Volkswagen has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to accelerate hybrid vehicle development across South America, according to Reuters. The German automaker announced Friday it will use the financing to offer…
Ford CEO Issues Dire Warning: China Can “Put Us All Out Of Business” With Existing Capacity
Ford CEO Jim Farley has escalated his warnings about Chinese automotive dominance to existential levels, declaring that China’s manufacturing capacity could single-handedly destroy the entire North American auto industry. In a stark CBS Sunday Morning interview that aired October 26,…
Tesla’s Parked Fleet as Global AI Network: Musk’s Bold Vision Faces Reality Check
Elon Musk floated an audacious idea during Tesla’s Q3 2025 earnings call that flew under the radar: transforming the company’s millions of parked vehicles into a massive distributed computing network for artificial intelligence. The proposal, shared by Tesla analyst Nic…
China’s EV Boom Ends Golden Week Gasoline Surge, Cutting Fuel Demand 9% Year-Over-Year
China’s electric vehicle revolution has reached a historic milestone: for the first time, the country’s October “Golden Week” holiday saw gasoline demand fall instead of surge, dropping 9% year-over-year to 12.5 million tons despite record travel, according to Reuters. The…
Volkswagen Posts €1.3 Billion Loss As Porsche’s EV Disaster And Trump Tariffs Deliver Double Blow
Volkswagen Group reported a €1.3 billion ($1.4 billion) operating loss for the third quarter of 2025, marking the German automaker’s first quarterly loss since the pandemic as it absorbs massive charges from Porsche’s failed electric vehicle strategy and President Trump’s…
Porsche’s Electric 718 Cayman Disguises Itself As A 911 At Nürburgring
Porsche is testing heavily camouflaged electric 718 Cayman prototypes at Germany’s Nürburgring circuit, with the sports car wearing fake bodywork designed to make it resemble a 911. The testing comes as Porsche posts its first quarterly loss ever—a staggering $1.1…
Tesla Model Y Performance Unleashes 3.3-Second Acceleration Through Aerodynamic Precision, Not Just Power
Tesla has pulled back the curtain on the engineering philosophy behind its new Model Y Performance, revealing how the electric automaker achieved blistering 3.3-second 0-60 mph times and 306 miles of EPA-estimated range through aerodynamic refinement rather than simply cranking…
BMW Unveils iX3 With Game-Changing 400 kW Charging At Japan Mobility Show 2025
BMW is showcasing its revolutionary iX3 electric SUV at the Japan Mobility Show 2025 in Tokyo, marking the Asian premiere of the first production model from the automaker’s groundbreaking Neue Klasse platform. The iX3 debuts with industry-leading 400 kW fast…
GM Lays Off 3,300 EV Workers As Battery Plants Idle Following Tax Credit Expiration
General Motors is laying off more than 3,300 electric vehicle workers across Michigan, Ohio, and Tennessee as the automaker slashes EV production following the expiration of federal tax credits. The cuts represent one of the most significant workforce reductions in…
European Car Sales Surge 10.7% On PHEV Boom As Tesla Slumps And BYD Explodes 398%
European car sales jumped 10.7% in September 2025, driven by a plug-in hybrid explosion that signals automakers are choosing profitable hybrids over money-losing pure electric vehicles to meet emissions targets. But the real story lies beneath the headline numbers: Tesla’s…
Yale Study Finds Musk’s Politics Cost Tesla Over 1 Million U.S. Sales, Threatens California’s EV Goals
A groundbreaking study from Yale University economists has quantified for the first time how CEO Elon Musk’s partisan political activities directly damaged Tesla’s U.S. sales. The National Bureau of Economic Research working paper concludes Tesla would have sold between 1…
Morgan Stanley Analyst Calls Tesla’s xAI Investment Proposal A “Testing Of The Waters” For Deeper Musk Empire Integration
Morgan Stanley’s Adam Jonas suggested Tesla’s shareholder proposal to invest in xAI represents strategic exploration rather than commitment, maintaining his bullish stance on the EV maker with an $800 price target ahead of the November 6 vote. Morgan Stanley analyst…
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