Good morning and welcome to our daily digest of automotive news from around the globe, starting with…

Sonda? Hony? Sony And Honda Confirm New Company Will Build High-End EVs From 2025

Honda and Sony have reached an agreement to establish a new company dedicated to building high-end EVs. The company, which has been named Sony Honda Mobility Inc, will “aim to bring together Honda’s cutting-edge environmental and safety technologies, mobility development capabilities, vehicle body manufacturing technology, and after-sales service management experience, with Sony’s expertise in the development and application of imaging, sensing, telecommunication, network, and entertainment technologies.”


2023 BMW M3 Touring Laps The Nurburgring In 7:35.060 Setting New Record For Station Wagons

The 2023 BMW M3 Touring has broken the record for station wagons around the Nurburgring. The M3 Touring posted better times than models such as the second-generation Acura / Honda NSX, BMW M5 Competition (F90), and Lamborghini Gallardo LP 570-4 Superleggera, with a lap of 7:35:060.


Tailor-Made $7.3M Pagani Huayra Codalunga Long-Tail Was Created At The Behest Of Two Clients

The Pagani Huayra Codalunga has been created to mimic the designs of the 60s, with the automaker’s in-house coachbuilders creating the specially-commissioned longtail version of the supercar. The car is 14-inches (360 mm) longer than the standard Hyuara Coupe and will be limited to just five examples, each costing €7 million ($7.35 million USD at current exchange rates). All cars have been reserved, with one set to make its way to the U.S.


Rivian And Lucid Are Headed For Bankruptcy According To Elon Musk

We assume it must be a confusing time if you’re an employee of Tesla. Elon Musk, the company’s CEO, seemed to indicate that 10 percent of the company’s staff would be laid off, before walking the comment back, but reports exist of several employees losing their job. In contrast, though, Musk has most recently claimed that both Rivian and Lucid are “tracking toward bankruptcy.”


Tesla Hikes Prices Of Most Models From $2,000 To $6,000 In The Wake Of Supply Issues

Tesla’s entire model range has seen a bump in price as supply chain issues hamper production. The Model Y has received the smallest increase, between $2,000 and $3,000, depending on the trim. Meanwhile, the Model X has seen a price increase of $16,000 since the beginning of the year.


Alpine A110 Tour de Corse 75 Limited Edition Honors Its Rally Heritage

Alpine has unveiled the A110 Tour de Corse 75, designed to celebrate the No. 7 Berlinette rally car that took part in the 1975 Tour de Corse in France. The special edition will be limited to just 150 units, and features a homage livery, 18-inch Grand Prix wheels finished in gloss white, orange Brembo brake calipers, and a “Tour de Corse 75” badge on the front fenders. There are no mechanical changes; however, inside the cabin, you get embroidered Sabelt seats, as well as a numbered plaque.


Ring Camera Captures Chaotic SUV Rollover That Ended Rochester, N.Y. Police Chase

It looks like a scene from a movie, but there’s nothing staged about the end of this chase. Two men in Rochester, New York, were arrested after the pursuit concluded with a Nissan SUV rounding a corner at a high rate of speed and rolling over several times.


What Else Is Making The News


Elon Musk And Tesla Sued Over Dogecoin

Elon Musk is being sued by a Dogecoin investor for $258 billion. The plaintiff has accused the Tesla CEO of running a pyramid scheme to support the cryptocurrency, reports Aljazeera. He also wants to block Musk and his companies from promoting Dogecoin and a judge to declare that trading Dogecoin is gambling under federal and New York law.


Millions Of iPhone Users Could Get Payouts Over Battery Problems

Justin Gutmann says that Apple misled consumers over an upgrade that actually slowed down the performance of their iPhones as opposed to making them faster. The claimant is seeking compensation for 25 million UK users of the phones.