GM’s Barra Reiterates Electric Plan Despite Disappointment In EV Production

Recent issues have sent GM stock down to about $28 per share, 15% below its 2010 IPO price and down 15% since early 2023, leading Wall Street analysts to say, This is well below the company’s target of $42 per share. For the new Chevrolet Blazer (pictured above) and Equinox EV,… Source: www.autoweek.com

Toyota Venza To Cease Production After 2024

Toyota last night unveiled an all-new, sleek two-row midsize SUV with a focus on ride comfort. This wasn’t good news for Toyota’s old, sleek two-row midsize SUV, which focused on ride comfort. Welcome the 2025 Toyota Crown Signia. Its appearance means farewell to the Toyota Venza. A Toyota spokesperson confirmed that 2024 will be the last Venza model. Source: Kelley Read More

Production Format Of Flagship EV “Polestar 5” Scheduled To Be Released In 2025 Revealed

Polestar announced the production version of the Polestar 5 at a recent event. It’s very similar in concept to Precept, but the details are now production-ready. Production of the new EV is scheduled to begin in 2025. Although it was born as a concept for the Polestar Precept, it now appears that the next Polestar 5 is preparing to hit Read More