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Automotive News

2024 Polestar 2 to start at $51,300

Polestar’s electric fastback, the Polestar 2, delivers more power, range and content for the new model year — along with a higher sticker price. The 2024 models arrive in August. The updated Polestar 2, like its XC40 and C40 siblings from major shareholder Volvo, receives a new-generation permanent magnet electric motor and new silicon carbide inverters to help boost efficiency and performance. It also gets larger, improved lithium ion batteries. For 2024, the single-motor Polestar 2 starts at $51,300, including shipping — a 3 percent premium over the current model. The single-motor variant shifts from front- to rear-wheel drive. A…

Automotive News

Ford, reversing course, to keep AM radio on all models

Ford Motor Co. will keep AM radio in all 2024 Ford and Lincoln models and restore it on two electric vehicles via a software update, according to CEO Jim Farley. In a tweetFarley said the decision was made “after speaking with [U.S.] policy leaders about the importance of AM broadcast radio as a part of the emergency alert system.” The company removed AM radio from the Mustang Mach-E and F-150 Lightning and planned to discontinue it on all products moving forward. Farley said the company would look for other ways to deliver emergency alerts in the future. “Customers can currently…

Automotive News

A growing concern in the Canadian automotive industry

According to the Canadian Anti-Fraud Centre, which tracks fraud trends across the country, there were 109 reported cases of vehicle identity fraud in Canada in 2020, resulting in losses of over $1.2 million. 2 This represents a 13% increase from the previous year .2 CARFAX Canada has also seen a similar trend, reporting a 30% increase in VIN cloning investigations since 2020.3 The impact of VIN cloning is significant and negatively affects consumers, insurance companies and the automotive industry. Consumers who unintentionally purchase a vehicle with a cloned VIN can face a variety of problems including vehicle safety concerns, reduced…