Inside the Industry

Tesla Supercharger growth to slow



(May 2, 2024) Tesla CEO Elon Musk said this week expansion of the automaker's Supercharger network will slow, following media reports that the company had slashed hundreds of jobs in its electric vehicle charging group, according to Automotive News.

First customer deliveries begin for all-electric 2024 ZDX and ZDX Type S



Pricing starts at $57,000 after
full federal $7,500 tax credit


(May 2, 2024) Highly anticipated and all-electric, the 2024 Acura ZDX A-Spec and ZDX Type S, the perfomance brand's first EV, begins arriving at Acura dealerships today with a 313 mile EPA range rating, DC Fast Charging capability and comprehensive charging solutions to instill confidence in new EV buyers. The high-performance ZDX Type S is the most powerful Acura ever, with a performance-tuned dual-motor AWD powertrain delivering nearly 500 maximum horsepower and 544 lb.-ft. of maximum torque.

Team Penske to offer private car collection at Mecum auction May 10-18


1979 Ford Mustang Pace Car

(May 2, 2024) The winningest team in Indy 500 history and its visionary owner will take the Mecum Auctions stage in Indianapolis by storm this May with a wide selection of vehicles on offer from their private collection of pace cars and more. Roger Penske and the Team Penske racing organization have consigned an assemblage of 17 cars for auction at Dana Mecum’s 37th Original Spring Classic, May 10-18, at the Indiana State Fairgrounds, joining an estimated 3,000 collector vehicles to be offered in total throughout the nine-day auction event.

Toyota establishes hydrogen headquarters accelerating fuel cell technology



(May 1, 2024) GARDENA, Calif.  —  Reaffirming its commitment to support fuel cell and additional hydrogen-related products and technology toward a hydrogen economy, Toyota Motor North America has announced that it is renaming the TMNA R&D California office as its new North American Hydrogen Headquarters (H2HQ).

All-time best EV sales recorded for Kia America in April



144-percent year-over-year increase
in sales of Kia’s fully electric vehicles

    
(May 1, 2024) IRVINE, Calif. — Continuing its push toward sustainable mobility leadership, the all-new EV9 delivered its best sales performance to date in April and Kia America shattered its all-time monthly EV sales record, increasing 61-percent over the previous record set in April 2022 total. Overall, Kia sold 65,754 units in April, with SUVs accounting for 81-percent of the mix.

Aston Martin reveals new 824 horsepower V12 engine



(May 1, 2024) GAYDON, England — Once in a generation a new Aston Martin powerplant arrives to shift the ultra-luxury paradigm and today Aston Martin reveals just that in the shape of a fearsome new V12 engine. Aston Martin has committed to continuing its 25-year bloodline of V12-engined flagships with "a technical masterpiece and a true leader in its class."

TWR opens order book for debut car — The V12 Super-GT ‘Supercat’



TWR Supercat to produce in excess
of 600 bhp from supercharged V12


(April 30, 2024) NEWBURY, UK — The order book for TWR’s debut limited production performance car is now open. This coincides with the unveiling of the exterior design ahead of a full dynamic debut in Summer 2024. The TWR Supercat is a supercharged V12-powered Super-GT boasting more than 600 BHP and built from the legendary Jaguar XJS platform. It is the first of a new generation of cars from one of the most storied and celebrated names in motorsport and performance cars.

New Mercedes-AMG CLE Coupe produces 443 horsepower



(April 30, 2024) Mercedes-AMG is sharpening its product portfolio with the new 2024 AMG CLE 53 Coupe. Arriving at U.S. dealerships this summer, the sporty two-door coupe combines the best of two worlds — the agility and sportiness of the AMG C-Class with the elegance of the AMG E-Class. The AMG-enhanced 3.0-liter inline six-cylinder engine with turbocharging via an exhaust gas turbocharger and an electric auxiliary compressor has been thoroughly modified and now produces 443 hp and 413 lb-ft of torque (443 lb-ft for 10 seconds with overboost).

Polestar, StoreDot charge Polestar 5 prototype from 10-80% in 10 minutes



(April 30, 2024) GOTHENBURG, Sweden — Polestar and fast-charging battery pioneer StoreDot have successfully demonstrated the implementation of StoreDot’s Extreme Fast Charging (XFC) technology in a car for the first time, charging a Polestar 5 prototype from 10-80% in just 10 minutes. The fully drivable verification prototype saw a consistent charge rate starting at 310 kW and rising to a peak in excess of 370 kW at the end of charging.  

Bugatti Type 35 — Perfection through evolution



Launched a century ago, the Type 35
stunned rivals with its superior design


(April 30, 2024) Ettore Bugatti was a man who did not fear setting himself a hard task. It was not just Bugatti’s exceptional design skills, but also his vision and bravery to defy conventional engineering principles of the time that delivered the Bugatti Type 35 — a car significantly ahead of its rivals in so many areas. It was also “Le Patron’s” willingness to push himself and the entire Bugatti team hard in pursuit of perfection.