Tag: Vehicles

Hennessey Special Vehicles Partners With Canadian Retailer

Hennessey Special Vehicles, the Texas-based hypercar manufacturer, is opening a Hennessey Toronto retail location in Canada through its partnership with luxury vehicle retailer Grand Touring Automobiles, the company announced. Grand Touring Automobiles is based less than two miles from Toronto’s financial district, where Hennessey’s flagship Venom F5 hypercar is featured alongside other premium brands the… Continue reading Hennessey Special Vehicles Partners With Canadian Retailer

Survey: EV Consideration at Record High

Despite growing interest, a gap exists between consumer enthusiasm for electric vehicles (EVs) and their actual purchasing decisions, according to new research released today by Cox Automotive. The 2023 Path to EV Adoption: Consumer and Dealer Perspectives study also reveals a lack of EV readiness among U.S. automotive dealers regarding sales and service, Cox said.… Continue reading Survey: EV Consideration at Record High

Survey: More Americans Questioning Car Ownership

More Americans are wondering if car ownership is necessary, according to a new survey released by Zipcar, a car-sharing network, and conducted by Wakefield Research. According to the survey, monthly car payments near record numbers, interest rates at the highest level in nearly 15 years, and the financial burdens of gas, insurance, parking, and maintenance… Continue reading Survey: More Americans Questioning Car Ownership

Detroit Concours Announces Details of 2023 Event

The Detroit Concours will return to the Motor City later this year, scheduled for Sept. 22-23, for a two-day event celebrating automotive Americana featuring 150 rare vehicles, organizers announced. “We’re proud to bring this signature event back to Detroit, which has long been the center of the automotive universe,” said McKeel Hagerty, CEO of Hagerty.… Continue reading Detroit Concours Announces Details of 2023 Event

Stellantis Forms Joint Venture to Manufacture Semiconductors

Stellantis and Hon Hai Technology Group, also known as Foxconn, have partnered to create SiliconAuto, a 50/50 joint venture dedicated to designing and selling a family of state-of-the-art semiconductors to supply the automotive industry, including Stellantis, starting in 2026, the companies announced. SiliconAuto will provide customers an auto industry-centric source of semiconductors for the growing… Continue reading Stellantis Forms Joint Venture to Manufacture Semiconductors