Polestar CEO Thomas Ingenlath dishes on the future of electric cars

Tesla isn’t the only company that can build a great electric car. And that’s a point proven by Polestar—the Swedish car company that was born as a skunkworks racing team for Volvo and spun off to be one of the most promising, premium electric vehicle companies in the world.

Whereas Tesla delivers unparalleled numbers in range, acceleration, and value, Polestar is building electric cars for car lovers, by balancing performance with the full design package of a highly polished vehicle.

Thomas Ingenlath [Photo: Polestar]

The company made its first splash in 2017 with a $150,000 premium hybrid with a full

read more

Stellantis to hit emissions target without Tesla’s help, CEO Tavares says

Stellantis expects to achieve its European CO2 emissions targets this year without environmental credits bought from Tesla, Carlos Tavares told a French newspaper.

Stellantis was formed in January through the merger of PSA Group and Fiat Chrylser Automobiles.

FCA spent about 2 billion euros ($2.40 billion) to buy European and U.S. CO2 credits from electric vehicle maker Tesla over the 2019-2021 period.

“With the electrical technology that PSA brought to Stellantis, we will meet carbon dioxide emission regulations as early as this year,” Tavares said in the interview with French weekly Le Point. “Thus, we will not need to

read more

Carvana CEO Ernie Garcia downplays inventory shortage

Having enough used vehicles to sell has been a challenge for most auto retailers in 2021, even those such as Carvana with national supply chains.

CEO Ernie Garcia said the digital used-vehicle retailer has been struggling to get its inventory sale-ready since the coronavirus began spreading in the U.S. last spring.

“We pulled back massively, operationally, early in the pandemic, and then demand came racing back,” Garcia said in an installment of Automotive News’ Congress Conversations series, which aired Thursday, April 22.

Then, through three successive waves of the pandemic, it was difficult for Carvana to ramp up its reconditioning

read more

Ford CEO Farley calls chip shortage ‘greatest supply shock’

DETROIT — Ford Motor Co. CEO Jim Farley said the worsening semiconductor shortage has prompted “perhaps the greatest supply shock” he’s ever seen, as dealer lots dry up and the company juggles production shutdowns across the globe.

Speaking to Automotive News Group Publisher KC Crain as part of Automotive News‘ Congress Conversations series, Farley said the challenges are similar to what the industry faced in the early days of the coronavirus pandemic.

“As scary and difficult and challenging as the early days were in COVID, the current supply shock is just as frustrating, if not more frustrating, for our

read more

Ford CEO takes shot at Tesla for using customers to test its FSD beta

Ford says its Active Drive Assist system will allow for hands-free driving on more than 100,000 miles of divided highways in the U.S. and Canada.


Ford Motor followed Tesla in many ways when it came to the Mustang Mach-E, its new battery electric vehicle, but CEO Jim Farley took to Twitter Thursday to show that Ford is nothing like Tesla when it comes to testing driverless tech using customers as guinea pigs on public roads.

In a tweet about Ford’s upcoming hands-free highway driving system, Farley said: “BlueCruise! We tested it in the real world, so our customers don’t

read more

Opel CEO explains what’s next for the brand after ‘challenging’ 2020

Despite declining sales and a difficult economic environment due to the coronavirus pandemic, Opel/Vauxhall was able to record a significant annual profit in 2020, its third since General Motors sold the brands to PSA Group in 2017. CEO Michael Lohscheller has discontinued GM’s higher-emission legacy models and moved into full electrification with the new Corsa and Mokka. Lohscheller explained the brands’ next moves in an interview with Automotive News Europe Associate Publisher and Editor Luca Ciferri, News Editor Peter Sigal and Correspondent Nick Gibbs. 

How was Opel able to make a profit in 2020 despite all the difficulties created by

read more