Cost

Ford Raises Edge Base Price By $1,000, Increases Safety Tech Cost

April Fool’s Day may have come and gone, but a round of price increases could be no laughing matter for consumers. According to a letter sent to dealers, Ford quietly raised base pricing for the Edge by $1,000 and increased the cost of its Co-Pilot Assist safety technology on just about every one of its SUVs on April 1.

While price increases aren’t unusual over the course of a given year, the latest changes are somewhat peculiar. For example, the only version of the 2021 Edge to see a price hike is the entry-level SE trim. Oddly, the platform-sharing 2021

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GM aims to make its electric vehicles go farther and cost less with new battery partnership

General Motors announced a new joint venture with SolidEnergy Systems, a spinoff of the Massachusetts Institute of Technology that is focused on improving the energy density in lithium-ion batteries. The two companies plan on building a test facility in Woburn, Massachusetts, for a high-capacity preproduction battery by 2023.

The partnership was announced Thursday by GM president Mark Reuss at a Washington Post Live virtual conference. Prior to the announcement, The Verge spoke with Kent Helfrich, executive director of GM’s global electrification and battery systems, about what the joint venture will mean for the automaker’s plans to electrify its entire fleet

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Bike Maker Discovers Time and Cost Savings with Specialty Toolholders

Bicycles are one of the oldest modes of transportation, but that doesn’t mean they haven’t evolved with the times. Having built bikes in Wisconsin since 1976, Trek Bicycle knows this evolution well. It has been on the front lines of the electric bike movement and other equipment advances like cycling lights, computers and sensors.

The prototyping machine shop where Trek Bicycle tests and creates its latest innovations.

Trek Bicycle, based in Waterloo, Wis., is a bicycle and cycling product manufacturer and distributor under the brand names Trek, Electra Bicycle Co., Bontrager, and Diamant Bikes. Trek bicycles are marketed through 1,700

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Jaguar Land Rover quality issues ‘cost company 100,000 sales,’ CEO says

LONDON — Jaguar Land Rover loses more than 100,000 sales annually due to customer perception of quality issues with its models, CEO Thierry Bollore said.

JLR has long struggled to have the same quality standards as its rivals, but the company has made “dramatic improvements” on reliability recently, Bollore told investors on a call on Friday.

“The dissatisfaction of our customers was really detrimental to our natural volume. The missed opportunities today are massive,” he said. “It’s more than 100,000 healthy sales that we could perform.”

Land Rover came second last in the most recent JD Power survey in the

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When Does an $8000 Vehicle Cost $21,000?

Illustration by Andy PottsCar and Driver

From the February/March 2021 issue of Car and Driver.

For the roughly 2.6 million Americans who bought vehicles from them in 2019, buy-here, pay-here (BHPH) dealerships are both a lifeline and a scourge. These used-car lots act as both dealer and lender, catering to customers with credit scores below 620, a history of making late payments, or a repossession or bankruptcy in their past.

In exchange for financing these risky customers, BHPH lots charge above-market prices for their vehicles along with interest rates as high as 29.9 percent.

In 2019, BHPH customers

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