2:59 AM ET NASCAR Xfinity Series driver Jesse Iwuji credits his Nigerian parents for his discipline and success, which has seen him play D1 college football, serve in the US Navy for seven years, and become co-owner of Jesse Iwuji Motorsports. Lieutenant Commander Iwuji, who will race in the Emmett Smith-co-owned number 34 Chevrolet at
Month: March 2022
General Motors this year is expected to discontinue two subcompact crossovers that were once among its top sellers: the Buick Encore and Chevrolet Trax. GM will end production of both South Korea-built crossovers in August, said Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions. GM Authority reported the end of production earlier.
The all-electric Porsche Taycan Turbo. Source: Porsche AG DETROIT – As the all-electric Porsche Taycan sedan outsells the German carmaker’s iconic 911 sports car, the company is increasing its EV sales targets. It also plans to roll out a hybrid version of the 911. Porsche on Friday announced it expects 80% of its global sales
By Joey Klender Posted on March 17, 2022 Tesla has stopped the offering of more than $1 billion in bonds backed by vehicle leases on its cars as market conditions continue a trend of unpredictability, a report from Bloomberg said. Citing people with knowledge of the matter, the report states that bankers for Tesla had placed
Maserati has a long and proud history of producing some very fine cars but in recent years, its models have left a little to be desired, in part because of how outdated many of them are. Fortunately, there is an all-new Maserati on the market and it is something very special. While many car manufacturers
TURIN – Maserati will sell only full-electric cars from 2030 and will launch its last two new models with internal combustion engine variants in 2023. CEO Davide Grasso said the Stellantis luxury brand will electrify faster than it had originally planned because of changing consumer tastes. “We are seeing a strong acceleration in demand coming
1:53 PM ET Associated Press SEBRING, Fla. — NASCAR and Hendrick Motorsports have partnered on an effort to enter the 24 Hours of Le Mans next year with a modified version of its new Next Gen car. The collaborative effort announced Thursday at Sebring International Raceway seeks the “Garage 56” entry, which was created in
Small public auto retailer LMP Automotive Holdings Inc. plans to sell the corporate jet it bought in the fall. The Fort Lauderdale, Fla., retailer with eight franchised dealerships and four used-vehicle stores, and which said in February that it was exploring strategic options including a possible sale of the company, in a Wednesday regulatory filing
Getty Images DETROIT – Audi expects the war in Ukraine to cause “tremendous interference” to the global supply chain, an executive with the German luxury brand said Thursday. The comments come as automakers globally, including Audi and its Volkswagen parent company, attempt to maintain supply chains of crucial parts such as semiconductor chips and wire
Lotus on Wednesday revealed the first details and pricing for a base version of the Emira sports car, which will come with a 4-cylinder engine. Order books open on April 8, with the initial version available to be a special First Edition limited edition. The base Emira uses Mercedes-Benz AMG’s M139 2.0-liter turbocharged inline-4 (Lotus’
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Matt Farah and Zack Klapman just had a brand spanking new Lamborghini Aventador Ultimae dropped off at their door with less than 50 miles on the odometer. Of course, the guys from The Smoking Tire made sure to break this V12 beast in properly on a trip through gorgeous Californian canyons. This supercar is so
BERLIN — Audi will expand its EV lineup with a spacious battery-electric station wagon based on the PPE platform it is developing with Porsche. Audi previewed the wagon by unveiling the near-production A6 Avant e-tron concept at its annual media conference on Thursday. The production version of the 5000-mm long (197 inches) concept will offer
4:54 PM ET Associated Press Pato O’Ward scored his first career IndyCar win a year ago at Texas Motor Speedway and was rewarded for it with a Formula One test with McLaren. Now as he returns to his de facto home track for Sunday’s race, O’Ward’s bright future has suddenly become very cloudy. He’s got
Former Unifor President Jerry Dias built a considerable automotive legacy in his eight-plus years leading the Canadian union. Dias, who retired March 11, was influential in securing billions of dollars of investments for the country’s assembly plants, helping to secure a Canadian manufacturing footprint that had been in danger of collapsing. He loudly advocated for
Autonomous trucking startup TuSimple Holdings Inc., backed by Chinese social media firm Sina Corp., is looking to sell its business in China and focus on the U.S. market, sources told Reuters. The decision comes after the startup reached an agreement with the U.S. government to restrict the China unit’s access to data due to U.S.
In this article 9868-HK A new Xpeng P7 car is shown in the Xpeng Motors flagship store in a shopping mall. Xpeng P7 is one of the two popular models of Xpeng motors. Zhang Peng | LightRocket | Getty Images China’s XPeng said Thursday it led an investment into a new $200 million fund focused
Mercedes-Benz has started taking orders in Europe for the EQE electric sedan. Arriving at dealers from the end of April, the Tesla Model S rival will be available in two trim levels at the start of sales, the Mercedes-Benz EQE 350+ and Mercedes‑AMG EQE 43 4MATIC. Prices in Germany start at €70,626 and €103,827, respectively, which
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