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Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV. Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, …

Sales of electric cars are surging and expected to break another record in 2024, the International Energy Agency said on Tuesday, with China a big market for that growing demand. In its annual report on the sector, the Paris-based IEA said the world's electric car fleet continued to "grow strongly" …

Following the debut of the gas-burning 2025 Mercedes-Benz G 550 and AMG G 63 last month, here comes the much anticipated, fully electric G-Class . This one won’t be called EQG as originally planned. That would have been far too simple. Rather, the company will be using a new nomenclature, …

Tesla has finally introduced the Performance variant of the updated 2024 Model 3 , calling it “a perfect, high-performance daily driver.” We’ll start with the newly tuned chassis, which includes the first use of adaptive dampers on a Model 3. Three modes can be selected—Standard, Sport and Track. The multi-sectioned …

The fourth-generation 2024 Toyota Tacoma is much more sophisticated and more capable than its predecessor, which explains the significant price hikes. But that’s just for the gas-only models. As you’ve probably heard, Toyota is also offering a hybrid powertrain now, and we’ve just found out how expensive it will be …

Honda will open an electric vehicle plant in Canada, a government source familiar with the multibillion-dollar project told AFP on Monday. The federal government as well as the province of Ontario, where the plant will be built, will both provide some financial incentives for the deal, according to the source, …

Fancy the purchase of an Aston Martin DBX ? Starting now, your only option will be the top-line DBX707. Yep, we’re talking about the 697-horsepower version of the twin-turbocharged 4.0-litre V8 engine, which accounts for more than 70 percent of all DBX sales worldwide. The base DBX producing 542 horsepower …

A week after Ford recalled nearly half a million Bronco Sport SUVs and Maverick pickups in the U.S., Transport Canada confirms that 55,656 units are affected on this side of the border. More specifically, the recall is aimed at the 2021-2024 Bronco Sport as well as the 2022 Maverick. The …

Compact luxury cars don’t shine like they used to, but several big names still deserve consideration. What are the best buys in the segment for Canadian drivers? The team at The Car Guide has analyzed all the various models available and identified the top three for 2024. Truth be told, …

Following a major update to the third generation for the 2024 model year, the Porsche Cayenne lineup expands a year later with the return of the sporty Cayenne GTS. We have to start with the engine, of course. The twin-turbocharged 4.0-litre V8 has undergone an extensive technical revision, increasing output …