German luxury sports car maker owned by Volkswagen Group
Several firms have announced expansion plans and new measures that will accelerate commercial robotaxi rollouts. Mobileye has announced a 2027 U.S. launch with an initial 100-vehicle fleet and a five-year target of 17,000; Wayve and Uber are preparing a supervised London service in the coming months; Tesla and Waymo are expanding U.S. coverage; and new indices show Chinese robotaxi players are scaling faster than many expected.
Stellantis has unveiled a plan to roll out nine new models under $40,000 by 2030, aiming to revive US volume and stabilize margins. The move includes new Ram, Dodge, and Jeep entries, alongside cost-cutting measures after heavy investments in electrification and a prior $26 billion annual loss.
Kimi Antonelli has secured pole at Monaco, commanding the weekend with a lap that felled rivals including Leclerc and Hamilton. He leads the championship after four wins in six races, while questions swirl about Ferrari’s future and Vasseur’s medical absence.
A roundup of recent coverage shows interest in plug-in hybrids remains steady. Experts highlight the cost hurdle, but buyers are turning to used models to save money. The Prius Prime leads within small cars; Tucson and Sorento plug-in hybrids offer more space. The debate hinges on price versus electric range as buyers seek efficiency.
Slate Auto has unveiled a bare‑bones two‑seat electric pickup with a $24,950 base price and a two‑row SUV conversion starting at $29,950. The company has raised the base EPA range estimate to about 205 miles, is taking preorders with a $300 deposit, and plans production to begin in late 2026 with direct online sales.
Ford has rehired roughly 300–350 veteran engineers to correct defects that automated inspection and AI-driven tools failed to catch. Executives have said the specialists are auditing designs before parts reach factory floors, mentoring younger staff, and retraining AI systems; Ford has risen to the top mainstream spot in JD Power’s initial-quality study.
China has topped 1 million monthly car exports for the first time, with overall trade up 27%. While brands like BYD gain share overseas, EU imports face pressure from Chinese EVs. Germany’s VW group signals big structural shifts at home as it faces competition and potential plant adjustments.
Volkswagen has presented a restructuring plan that will cut model lines by up to half and reduce production capacity to about 9 million vehicles a year. Chief executive Oliver Blume has said the group faces a 20% cost disadvantage to rivals and has proposed a "theoretical" further 50,000 job reductions on top of earlier cuts, prompting union protests and board resistance.
The 86-year-old Paul Pelosi faces a misdemeanor hit-and-run charge and an unlawful-turn infraction after allegedly striking a legally parked car in Yountville on July 3 and driving away. No injuries were reported; Pelosi has a history of traffic infractions and a 2022 DUI conviction.
A roundup of recent Formula 1 coverage shows drivers pushing back on 2026 regulation changes, arguing the 50/50 power split and energy-management tech disrupts on-track racing. Editors stress the sport’s growth goals clash with drivers’ call for more direct control and traditional racing dynamics.
A wave of Chinese automakers is expanding into Europe and the UK, challenging traditional premium brands. Zeekr, BYD and others are pursuing UK launches while major players like Geely, Volvo and Lucid push into premium segments. European and US automakers are restructuring to cope with China’s rising export power and shifting supply chains.
A digest of recent car industry moves: Rivian adds captain’s chairs in updated models; Ford explores new sub-$30k entry crossovers and a cheaper four-door pickup; 2026 cancellations signal potential discounts; rear-camera glitches prompt safety concerns; Mazda explores a new EV-based 6e with long range.
Ferrari’s first fully electric Luce has sold at Sotheby’s Monterey for $40 million, a record for a new car at auction. Proceeds go to the Ferrari Foundation’s educational programs. The sale follows mixed reception to the EV’s design and Ferrari’s push into electrification.