Industry News

A video posted by Chevy Dude, a Youtuber and Chevy Salesman that tends to get a lot of insider information, has brought forth news that Chevy is revoking or canceling C8 Corvette allocations to dealers nationwide. The amount of allocations is said to be somewhere in the neighborhood of 15-20 percent. Right off the bat, this sounds troubling, especially if you’ve placed an order, but it’s not as cut and dry as it sounds.

The Model Y has become somehwat of a regular sight on the road around Tesla these days. This only meant one thing – the compact SUV is close to its launch. However, it looks like the Model Y is arriving to the party much earlier than expected. Tesla will reportedly start delivering the crossover, in Performance trim, in February 2020, and the other trims will follow soon.

Initially, Tesla was going to start delivering the Model Y in the fall of 2020, but that was later moved up to a summer launch. Now, it will be reaching us even sooner. It’s definitely good news for customers who have pre-ordered the Model Y, it seems.

You know, I like the Porsche Taycan. I think it’s relatively sport for what it is while still featuring the family friendliness of four-doors and plenty of cargo room. Sure, it kind of looks like a deformed, partially aborted 911 with too much DNA, but that’s a conversation for another day. What I can’t get past, though, is the fact that Porsche has seriously dropped the ball when it comes to EV range. Where the Porsche Taycan Turbo is rated at 201 miles, the Taycan Turbo S garners just 194 on a full charge.

The BMW i8 has become known as many things. BMW marketed it as a Porsche 911 rival. Some claimed it was the evolution of the BMW brand and a representation of what the future holds. Others hated it with a passion because it just didn’t lineup with every other BMW on the market. Regardless of how you look at the i8, one this is for sure, it’s not going to matter for much longer if the latest reports hold true. Those reports put the end of i8 production in the Spring of 2020.

Customer-bound examples of the 2020 Chevy C8 Corvette aren’t even in production yet, because the company is busy producing “captured test vehicles.” Be that as it may, two people have already been pulled over on the streets of Bowling Green, Kentucky for racing the Chevy C8 Corvette.

Like its main competitor, Mercedes, BMW is spending some serious cheddar on research and development of electric vehicles and related technologies. And, like Mercedes, it will be bringing a handful of new EVs to the market, the first of which will be the iX3 that comes later this year. The iX3 will be followed up by the iNext shortly thereafter. That leaves a lot of people wondering just when BMW will make a hard left away from fuel-powered engines and start producing nothing but EVs. For most, this is a question of purity and uncertainty of what the brand will become. Can the legacy of BMW M survive in an all-electric market? What about the heart and soul that is pumped from each and every one of BMW’s six- and eight-cylinder engines? What about the legendary and almost unicorn-like V12 that’s available in the M760i?

Despite the introduction of the DBX, 2019 was a very tough year for Aston Martin, which posted a pre-tax loss of $118 million through September of 2019. Now, Aston Martin has warned that its annual profit for 2019 will be cut in half, while Reuters is reporting that December sales were so disappointing that wholesale volumes dropped by seven percent in 2019. All told, annual profits for 2019 (converted from GBP to USD) will sit between about $170 million and $182 million - a far cry from the company’s $325 million profit in 2018.

Financial figures being what they are, that means there are going to be some big financial changes for the company in 2020, including a cost-cutting program that puts at least one model on the guillotine.

There is always something new happening in the world of Tesla. This year, we won’t be seeing any new products from the company, but instead, they will be focusing on expanding their technology base. Tesla is rolling out numerous over-the-air updates that are keeping the Tesla owners and enthusiasts quite interested all the time. Not to mention, the products also remain fresh this way, thus giving Musk and his company some breathing room from developing new products. Here are the major updates from Tesla this week.

Tesla and controversies go hand-in-hand and here’s some more controversy from Musk’s company. Tesla has pushed some of the deliveries of its cars that were originally scheduled to be deliver this year to next year, thus costing many owners a federal tax credit of $1,875.

During every financial quarter, Tesla tried to push out as many cars as possible to showcase better results, but this time, even the customers were in a rush to take deliveries up to the 31st of December to avail the tax credit. However, Electrek says that several U.S. buyers were asked to either take deliveries early next year without the credit or cancel their orders. Well, it’s clearly not a good situation to be in.

You would think that designing a car tailored to women would help drive more of a female customer base to the Ferrari brand but, apparently, that’s not true. At All. In a recent interview with Arabian Business Ferrari NV’s Chief Marketing and Commercial Officer said that designing cars for women is a “mistake,” but are we taking it out of context? Yeah; probably.

Tesla had a phenomenal week. It was not just the Cybertruck that stole the limelight. The Model 3 is impressing the hell out of everyone all across the glob, and it even received a performance upgrade. The company is also making major strides in terms of expanding its global footprint. What’s more, Tesla reported profits in the third quarter, and there’s big news out of SpaceX. Could things be any better for Elon Musk right now? Let’s take a look at all the news from this week!

It’s Veterans Day, and all of us here at TopSpeed would like to extend our heartfelt thanks to those brave men and women that have served our country. In honor of this day, we’ve put together a video compilation that highlights some of the more interesting machines used by militaries across the world. Included is a list of 25 cutting-edge ground vehicles, a look at how vehicles are tested before they are put into service, and a list of the top five military trucks and armored cars.

If you’re looking for a way to help out a veteran, Military.com has a nice list of charities to check out, including the Wounded Warrior Project, Homes For Our Troops, and the USO. You could also check out volunteering opportunities at Veterans Affairs hospitals and facilities, or possibly get involved with the Veterans Initiative at Canine Companions for Independence. You can also simply say “thank you” to a veteran.

Continue reading to check out the videos.