Tesla profits dip as sales slow and prices drop

Tesla profits dip as sales slow and prices drop

[ad_1] US electric vehicle (EV) giant Tesla’s profit margins have continued to fall as lower demand and price cuts take their toll on the company. Announced this morning, Tesla recorded net income of US$1.5 billion (A$2.27 billion) through the second quarter of 2024 (April to June), well down on its US$2.7 billion (A$4.08 billion) figure […]

Porsche says EV transition to “take years,” Audi refocuses on PHEVs

Porsche says EV transition to “take years,” Audi refocuses on PHEVs

[ad_1] Porsche and Audi acknowledge the electric transition will take longer than anticipated Audi said plug-in hybrids will be the stepping stone, especially in the U.S. Both Porsche and Audi still plan to go all-electric Two Volkswagen Group brands now expect the EV transition to take longer than originally thought. Porsche previously said it was […]

2025 Mercedes-Benz AMG GT 63 S E Performance invests heavily in speed

2025 Mercedes-Benz AMG GT 63 S E Performance invests heavily in speed

[ad_1] The 2025 Mercedes-Benz AMG GT 63 S E Performance puts power above all else The plug-in hybrid has 805 hp and 1,047 lb-ft, but it’s heavy Pricing hasn’t been released, but expect a bill for over $200,000 when it comes time to pay Between two farms outside of Mercedes’ proving grounds in Immendingen, Germany, I […]

We All Should Have Bought Honda S2000s When They Were Cheap

We All Should Have Bought Honda S2000s When They Were Cheap

[ad_1] Photo: Facebook Marketplace The Honda S2000 is one of the better cars ever put together by human hands. It’s lightweight, nimble, and rewarding to wring out to its limits. Yet, these are all qualities that I’ve heard rather than experienced, because S2000s are too damn expensive now. For example, this S2000 for sale on Marketplace, […]

One-off 2025 BMW M5 heads to Monterey Car Week auction

One-off 2025 BMW M5 heads to Monterey Car Week auction

[ad_1] BMW will auction off a one-off version of its redesigned 2025 M5 at next month’s 2024 Monterey Car Week to help raise funds for charity. The new M5 made its debut in June and starts U.S. deliveries in the fourth quarter, and the one-off example will be the first in the country. It’s officially […]

We tried the Santini Unisex jersey and it made me challenge my preconceived prejudices

We tried the Santini Unisex jersey and it made me challenge my preconceived prejudices

[ad_1] When Santini launched its Unisex range of cycling kit back in the Spring the Cycling Weekly Tech Team was inquisitive. After decades of championing better technical apparel for women, and finally seeing the tide turn, a gender-neutral kit advertised as progressive was met with – at best – curiosity. In the interest of open-mindedness, […]

2024 Lexus NX 250 review

2024 Lexus NX 250 review

[ad_1] Once upon a time, hybrids accounted for a tiny slice of the sales in a given model range. Now, they’re dominating Toyota and Lexus showrooms. In the case of the mid-sized Lexus NX SUV, buyers have flocked to the NX 350h hybrid and NX 450h plug-in hybrid, leading to long wait times. The NX […]