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Updated: 2 weeks 3 days ago

Auto Blog News Feed: Vacation-bound Americans turning to RVs instead of airplanes and hotels

Mon, 07/27/2020 - 19:28

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Eager to travel - but wary of hotels, airplanes and restaurants - more Americans are taking their homes with them everywhere they go, reviving a recreational vehicle business that had been devastated by shutdowns earlier this year. Wholesale shipments of RVs posted their highest monthly total in June since October 2018, according to the RV Industry Association, the industry's main trade group, marking a sharp reversal after months of deeply depressed business. "We didn’t anticipate this turn b

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Vacation-bound Americans turning to RVs instead of airplanes and hotels originally appeared on Autoblog on Mon, 27 Jul 2020 15:28:00 EDT. Please see our terms for use of feeds.

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Auto Blog News Feed: Judge wants study of what lithium mining is doing to fragile Atacama in Chile

Mon, 07/27/2020 - 13:45

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A top environmental judge in Chile renewed a call for a government-vetted water study to help stamp out lingering questions about sustainability that have cast a pall over Chile's lithium-rich Salar de Atacama. Water - both fresh and saline, where the lithium lies - has long been a sticking point for miners at Atacama, one of the world's richest reserves of the ultralight battery metal. The flat sits amid the world's driest desert.

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Judge wants study of what lithium mining is doing to fragile Atacama in Chile originally appeared on Autoblog on Mon, 27 Jul 2020 09:45:00 EDT. Please see our terms for use of feeds.

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Auto Blog News Feed: Russian enthusiast builds his own steam train mini-railway

Sun, 07/26/2020 - 15:30

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For Pavel Chilin, building his own railway was the fulfillment of a childhood dream. It took the 62-year-old electrical engineer more than 10 years to build a 350-meter (383-yard)-long narrow-gauge railway twisting through the grounds of his steads about 50 kilometers (some 30 miles) outside St. Petersburg. The design of his steam train is based on a classic example from the early 20th century.

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Russian enthusiast builds his own steam train mini-railway originally appeared on Autoblog on Sun, 26 Jul 2020 11:30:00 EDT. Please see our terms for use of feeds.

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Auto Blog News Feed: How Tesla defined a new era for the global auto industry

Sun, 07/26/2020 - 12:01

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Tesla Inc's rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how. Tesla's ascent took many investors by surprise. Daimler, which bears the name of the man who invented the modern car 134 years ago, bought a nearly 10% Tesla stake in May 2009 in a deal which provided a $50 million lifeline for the struggling start-up.

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How Tesla defined a new era for the global auto industry originally appeared on Autoblog on Sun, 26 Jul 2020 08:01:00 EDT. Please see our terms for use of feeds.

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Auto Blog News Feed: Ford obtains commitments to extend most of $5.35 billion of loans

Sat, 07/25/2020 - 17:00

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Ford Motor Co has obtained commitments from enough relationship banks to extend the maturity of at least 90% of $5.35 billion (4.2 billion pounds) of revolving loans for one year, a source close to the financing said. The second-largest US automaker was in discussions with its bank lenders since early July about a one-year extension of its $3.35 billion three-year main corporate revolving credit facility and its $2 billion three-year supplemental revolving credit facility. JP Morgan leads the

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Ford obtains commitments to extend most of $5.35 billion of loans originally appeared on Autoblog on Sat, 25 Jul 2020 13:00:00 EDT. Please see our terms for use of feeds.

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