2:33 PM ET WOKING, United Kingdom — McLaren has launched its new car for the upcoming Formula One season. The team’s drivers, Daniel Ricciardo and Lando Norris, took the covers off the McLaren MCL36 at a launch event at the team’s factory on Friday evening. The new McLaren, which has been built to F1’s overhauled
Month: February 2022
In this article F Vehicles clog downtown streets as truckers and supporters continue to protest coronavirus disease (COVID-19) vaccine mandates, in Ottawa, Ontario, Canada, February 10, 2022. Blair Gable | Reuters DETROIT – Canadian officials are preparing to move against a group of truck drivers who have blocked the nation’s busiest border bridge between the
Lyft Inc. reported fewer riders than expected in the fourth quarter as omicron damped travel, sending the shares down about 7 percent in extended trading. But the riders that did hop in a Lyft generated higher revenue, due to a shortage of drivers and trips that were longer and had higher fares. “We have great
BMW said buying a controlling stake in its Chinese car-making joint venture with Brilliance will bolster the German company’s earnings by as much as 8 billion euros ($9.1 billion). Chinese authorities gave BMW permission to raise its stake in the business with Brilliance China Automotive Holdings to 75 percent from 50 percent, the automaker said in
DETROIT — Dr. Evil has met his ultimate enemy: climate change. That’s the message in General Motors‘ Super Bowl commercial this year. When the antagonist of the Austin Powers movies learns that climate change has displaced him as the biggest threat to the world, he’s determined to reclaim top villain status by getting everyone in
Mercedes-Benz Group said its preliminary 2021 earnings beat guidance after rising vehicle prices helped the luxury automaker claw its way back from an autumn low point in the global chip crisis. The company said Friday that adjusted returns on sales at its cars and vans segment were 12.7 percent, exceeding guidance of 10 to 12
The Nissan Armada could ditch its V-8 engine in favor of a more fuel-efficient V-6 when it’s redesigned, according to a new report. Citing a dealer source, Automotive News (subscription required) reported on Tuesday that a redesigned Armada is due in late 2023 and will feature a twin-turbocharged V-6 as opposed to the current model’s
Ford Motor Company’s ambitious plans for electrification are not restricted to the core Ford brand; luxury arm Lincoln will get a lot of attention, too. The automaker prepares to introduce at least five new battery-powered Lincoln SUVs through 2026, according to a report from Reuters citing three people familiar with the plans. The unnamed sources said
9:46 AM ET Sebastian Vettel was surprised to hear Formula One has removed the pre-race ceremony which allowed drivers to take a knee before races, saying the gesture “was getting a bit too strong for the business side of things”. F1 launched the ‘We Race As One’ initiative in 2020 in solidarity with the anti-racism
In this article GPI Demand for used cars remains strong even though the price of preowned vehicles has soared throughout the Covid pandemic, Group 1 Automotive CEO Earl Hesterberg told CNBC on Thursday. Hesterberg said on “The Exchange” that Group 1 has largely been able to raise sticker prices to offset higher acquisition costs because
Uber Technologies Inc. outlined its strategy for growth and new business opportunities during its first investor day as a public company, after teasing news on a global car-sharing network and improved algorithms to keep costs low. Uber on Thursday said it expects $5 billion of adjusted earnings by fiscal 2024, signaling that the ride-hailing giant’s
Mercedes-Benz introduced the A-Class sedan in the U.S. in 2019, hoping to lure millennial buyers to the more than century-old brand with a $30,000 entry-level model. It was supposed to be a key gateway to the brand for younger buyers. The A-Class “will do really, really well … for us,” then Mercedes-Benz USA CEO Dietmar
There’s a message behind Eugene Levy’s flowing hair, leather jacket and bravado in Nissan’s Super Bowl spot. The actor, known for his comedic roles, morphs into an action hero when he gets behind the wheel of the redesigned Z coupe and zooms past a new Nissan entry — the electric Ariya crossover — in the
Ford Motor Co. is looking at flying in some auto parts to a plant in Windsor, Ontario, that produces engines for popular models, an official representing the auto workers union said on Thursday, as automakers and other manufacturers seek alternatives for moving products caught up in Canadian trucking protests. Protesters have occupied key border crossings
By Joey Klender Posted on February 10, 2022 Tesla (NASDAQ:TSLA) revealed in a 13-G filing with the SEC that Vanguard Group, a passive fund manager based out of Malvern, Pennsylvania, has purchased additional shares of the electric automaker’s stock. The filing shows that Vanguard increased its holdings to 62,448,572 aggregate shares owned, making its total
10:20 AM ET Sebastian Vettel has defended FIA race director Michael Masi and said the Australian deserves to keep his job despite botching the finish of last year’s title-deciding Abu Dhabi Grand Prix. Masi implemented the rules incorrectly to force a one-lap sprint race in Abu Dhabi, which helped Max Verstappen overtake Lewis Hamilton to
Reuters Two of the world’s biggest carmakers, Ford and Toyota, say production is being disrupted by trucker protests in Canada. Plants have been forced to shut because car parts are being held up at two US border points blocked by truckers protesting against a vaccine mandate. Canada’s Transport Minister, Omar Alghabra, called it an illegal
In this article 9868-HK A Xpeng P7 car is on display at a Xpeng experience store on December 10, 2021 in Shanghai, China. Wang Gang | Visual China Group | Getty Images Chinese electric vehicle maker Xpeng plans to open its first self-operated store outside of China this week and deepen its retail network with
- « Previous Page
- 1
- …
- 12
- 13
- 14
- 15
- 16
- …
- 18
- Next Page »