Lucid Motors has postponed the launch of its Cosmos midsize SUV until early 2027 as part of its cost-cutting campaign. The company initially planned to introduce the sub-$50,000 Cosmos later this year, but it has decided to push back the launch and production start to avoid the kinds of glitches and logistical issues that plagued early examples of the Air and Gravity.
Porsche CEO Michael Leiters recently confirmed that the electric 718 is still on track, stating that it is the best solution economically and will be a fantastic car. Mazda is working on safety and product updates to boost sales of its largest SUVs, the CX-70 and CX-90, which saw a decline of 29% and 24% in U.S. sales over the first half of the year.
View Price on AmazonA Hyundai executive has denied rumors that the Ioniq 6 N has been canceled for the U.S., stating that there has been no change in the company's plans regarding the high-performance electric sedan. Toyota has formally announced the 2027 bZ, with prices starting at $36,576 including destination.
The Mercedes-AMG CLA 45 has set the first fastest lap in a new Nürburgring class called "electric compact cars," recording a time of 7:32.070. General Motors has renewed its joint-venture arrangement with Chinese auto manufacturing giant SAIC for another 20 years, following a recent restructuring of its business in the country.
Source: thedrive.com
