F1 finances 'very, very strong," say Liberty | F1 News by PlanetF1

Liberty Media CEO Greg Maffei says Formula 1’s finances are strong despite the fact the sport made a record loss in 2020. In financial figures reported for the 2020 season, total losses came to $386m after the teams were paid, with overall revenue falling by 44% from $2,022m in 2019 to $1,145m last year. This was largely due to the fact […]

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TSD Extends Exclusive Provider Partnership With U-Save

Once enrolled with TSD, each location receives access to TSD's rental system, which includes a credit card processing module, signature capture, and custom reporting to track specific KPIs. Photo courtesy of U-Save. TSD Mobility Solutions finalized a three-year global agreement with U-Save Car & Truck Rental this past week.  Beginning this month, TSD will continue as the exclusive provider for all […]

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Fisker Wants To Challenge Tesla, VW With Affordable Electric Car

It will have to be cheaper than the Fisker Ocean whose price is $37,499 before incentives. Reborn Fisker has yet to sell a single vehicle, but it apparently has plans to enter what will undeniably end up becoming one of the most competitive parts of the electric vehicle segment: the affordable part of the market. We don’t exactly know how […]

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See Close-Up Video Of Silver Hyundai Ioniq 5

Plastic design elements can be black. We are back with more videos of the all-new Hyundai Ioniq 5 seen in South Korea. This time, the pre-production units are not black. In the first video we can see an Ioniq 5 in underground parking, with silver front and rear plastic design elements. On the side and around the wheel arches, the […]

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Ford Maverick Could Start At Less Than $20,000

Good news! It’s no secret by now that Ford is bringing back its Maverick pickup truck. Ever since the name resurfaced a couple of years ago, Blue Oval fans have been brimming with excitement. Ford Authority recently reported that the base-level pickup in the American automaker’s starting lineup will cost you less than $20,000. To offer some perspective, the sub-$20k […]

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What a Biden Presidency Means for the Auto Industry … and You

When Donald Trump was elected president four years ago, MotorTrend wrote a critical analysis of what the Trump administration would mean for our way of transport. Republican-leaning readers dared me to deliberate this issue in a similarly critical manner the next time a Democrat resided in the Oval Office. I shall not disappoint. “Corvette Joe” Biden is president of the […]

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Warren Buffett now owns a higher stake in Chinese electric firm BYD than General Motors

Elon Musk: Tesla owner discusses his wealth and Warren Buffett When you subscribe we will use the information you provide to send you these newsletters.Sometimes they’ll include recommendations for other related newsletters or services we offer.Our Privacy Notice explains more about how we use your data, and your rights.You can unsubscribe at any time. Warren Buffett’s firm Berkshire Hathaway now […]

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Rumor Mill: Cadillac Celestiq Could Be Shown This Summer

Looks like we may be seeing the new electric flagship sedan from Cadillac way sooner than we were anticipating. GM has announced plans to launch no fewer than 30 new electric vehicles around the world by 2025, over 20 of which will wear Chevrolet and Cadillac badges. The very pinnacle of GM’s new electric offensive will be the Cadillac Celestiq, […]

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Skoda Celebrates Production Of Two Millionth SUV: How Many Enyaq iV?

The production started in November, but as of now, it’s barely above 1,000. Skoda celebrates the production milestone of two million crossovers/SUVs cumulatively as well as the 250,000th Kamiq model. But is the EV share substantial already? The company started production of the all-new Skoda Enyaq iV model in November 2020, but as it turns out, the ramp-up is not […]

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Mini Cooper SE POV Test Drive

Check out this point-of-view video featuring the Mini Cooper SE. Today we are on board the Mini Cooper SE, a car that has plenty of power and torque… but will the range be enough even for the city? The U.S. BEV scene has evolved significantly over the past few years and it’s now more and more difficult to find a […]

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