3 days ago
Top Car News This Week from Bold Investments to Exciting Launches
As we've done in recent weeks, we're back with a comprehensive roundup of the most important automotive news. The past week witnessed several notable developments from major global companies, ranging from massive investments and new model launches to strategic moves by some of the industry's biggest names. Whether you're a fan of powerful engines, interested in electric vehicles, or following the influence of figures like Elon Musk on the auto world, this news roundup has something exciting and essential for you.
General Motors invests $888 million in new V8 engine development
In an unexpected move, General Motors announced a massive $888 million investment in its Tonawanda plant in New York to develop the sixth generation of V8 engines, set to launch in 2027. This investment aims to enhance performance, improve efficiency, and reduce emissions, with a focus on trucks and SUVs.
Volkswagen announces major investments in the US amid tariff talks
Volkswagen has revealed plans for significant investments in the United States in an effort to mitigate the impact of tariffs on imported vehicles. CEO Oliver Blume stated that discussions with the US government were 'fair and constructive,' expressing hope for a swift agreement.
BYD launches affordable electric 'Dolphin Surf' in Europe
Chinese automaker BYD has launched its new electric car, the 'Dolphin Surf,' in Europe with a starting price of €22,990. The car offers a range of up to 507 km and features a 10.1-inch rotating screen, making it an attractive option for consumers seeking an affordable EV.
Exclusive test drive of the Alfa Romeo 33 Stradale
ArabGT's Suhaib Shashaa delivered an exclusive test drive of the rare Alfa Romeo 33 Stradale, of which only 33 units have been produced. The car features a twin-turbo V6 engine producing 630 horsepower and accelerates from 0 to 100 km/h in just 3 seconds. Suhaib also visited the Carrozzeria Touring Superleggera factory where this masterpiece is handcrafted.
Elon Musk resigns from US government role
Elon Musk has resigned from his position as head of the Department of Government Efficiency (DOGE) under President Trump's administration after just 130 days. Musk faced criticism for leading budget cuts that included the layoff of 260,000 federal employees. He also voiced dissatisfaction with a new budget bill that increases the federal deficit, conflicting with DOGE's objectives.