Inside the Industry

Iconic lowriders take center stage in Petersen Automotive Museum

Comprehensive lowrider
exhibit opens on May 11

(April 18, 2024) LOS ANGELES — The Petersen Automotive Museum will celebrate the artistry, culture and history of lowriders with its largest and most comprehensive lowrider exhibit, set to open on May 11. “Best in Low: Lowrider Icons of the Street and Show” will showcase some of the most significant lowriders in history, as well as incredible custom motorcycles, bicycles and art.

NHTSA upgrades probe into Honda braking issues

3 million vehicles now involved
in 'sudden vehicle deceleration

(April 18, 2024) U.S. safety regulators have upgraded a probe into nearly 3 million Honda vehicles to further assess the frequency and safety issues related to unexpected activation of emergency braking systems. The National Highway Traffic Safety Administration (NHTSA) as received 1,294 reported complaints alleging inadvertent activation resulting in “sudden vehicle deceleration." There have been 50 reported injuries and 31 crashes.

New Mercedes-AMG C 63 S E PERFORMANCE starts at $85,050

(April 18, 2024) The new Mercedes-AMG C 63 S E PERFORMANCE  arrives in U.S. dealerships this spring starting at $85,050 including destination charge featuring a dynamic pairing of the world's most powerful production four-cylinder engine at the front and a two-speed electric motor positioned on the rear axle. With its performance hybrid drive and innovative electric exhaust gas turbocharger, this exciting new model offers a completely new driving experience and blistering performance with a 671 hp combined system output and 752 lb-ft combined system torque.

New BMW X3 undergoing final dynamic driving tests

(April 18, 2024) MUNICH, Germany — At the end of series development, the new BMW X3 is undergoing final tuning of all chassis control and driver assistance systems at the BMW Group test center in Miramas, southern France. The fourth generation of the Sports Activity Vehicle (SAV) in the premium mid-range vehicle segment will be presented in a few weeks' time with both highly efficient combustion engines and an advanced plug-in hybrid drive.

General Motors names Hudson’s Detroit as its new global headquarters

GM will become the anchor tenant
at Bedrock’s Hudson’s Detroit site   

(April 17, 2024) DETROIT — General Motors will relocate its global headquarters to Hudson’s Detroit in 2025, becoming the anchor tenant at Bedrock’s development on the historic site of the former J.L. Hudson Department Store. This marks GM’s fourth headquarters location in the city since 1911, reaffirming its longstanding commitment to Detroit.

Ford resumes shipping 2024 F-150 Lightning

(April 17, 2024) Ford has resumed shipping 2024 F-150 Lightning pickups to dealerships after a quality issue halted shipments for more than nine weeks, the automaker said Tuesday. Ford issued a stop-ship order for the top-selling electric pickup Feb. 9, shortly after the 2024 model started going out to stores in January, although production at the Dearborn, Mich., plant continued

1965 Alan Mann Racing Mustang set to electrify La Jolla Concours

New AMR ePower Mustang features
new electric powertrain technology

(April 17, 2024) LA JOLLA, Calif. — With a unique combination of American style, British race engineering and latest-generation EV technology, the "new" 1965 Alan Mann Racing (AMR) ePower Mustang is set to make its debut at La Jolla Concours, from April 19 to 21. This Anglo-American creation combines the beauty and character of one of the best loved classic American coupes – restored to an exceptional standard— with a complete chassis, powertrain and interior transformation by one of Ford’s most famous motorsport partners, Alan Mann Racing.

Hennessey starts production of limited edition 850 hp Cadillac Escalade-V

(April 17, 2024) SEALY, Texas — Hennessy, the Texas-based hypercar manufacturer and high-performance vehicle creator, has released a comprehensive new performance upgrade package for the 2024 Cadillac Escalade-V. Hennessey’s engineers take the hand-built, supercharged GM 6.2-liter V8 from the standard 682 horsepower to 850 bhp at 6,200 rpm — a 25 percent rise.

Tesla plans to cut more than 10% of global workforce

(April 16, 2024) Tesla plans to lay off more than 10 percent of its worldwide workforce, multiple news organizations reported on Monday, citing an internal memo. The company told managers to identify critical team members, and paused some stock rewards while canceling some employees’ annual reviews, according to the report, which added that the company also reduced production at Gigafactory Shanghai.

Suzuki supplies India — Accumulated production of 30 million units

1983 Suzuki Maruti 800

(April 16, 2024) Suzuki Motor Corporation had achieved accumulated automobile production of 30 million units in India by the end of March. India becomes the second country after Japan in which Suzuki has reached this milestone, and the fastest country to reach 30 million units in just 40 years and 4 months since starting production in December 1983, breaking the record of 55 years and 2 months in Japan.