Month: March 2022

By Joey Klender Posted on March 4, 2022 Ford and University of Michigan researchers conducted a new study that evaluated the savings in greenhouse gas emissions in battery-electric pickup trucks relative to gas-powered pickups. It also assessed the reductions in other light-duty vehicles when compared to their gas-powered counterparts. According to the study, sedan, SUV,
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2:17 PM ET Associated Press ST. PETERSBURG, Fla. — Scott McLaughlin circled qualifying as the area he had to improve upon in his second season of IndyCar. He nailed it in his first session of the year. McLaughlin beat Team Penske teammate Will Power, one of the best qualifiers in series history, to win the
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DETROIT — Ford Motor Co. is asking its dealers to implement some of the most significant changes to their business in decades as it works to modernize its retail strategy and beat back threats from Tesla and electric vehicle startups that have championed direct-to-consumer sales. Ford this week revealed plans to split its business into
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General Motors has sold its stake in Lordstown Motors, further exacerbating the nosedive in the electric vehicle startup’s share price. GM acquired 7.5 million shares in Lordstown, or less than 5%, when the company went public via a SPAC deal back in 2020, paying $75 million made up in cash and proceeds from the sale
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4:14 AM ET Aston Martin will have to put a “performing structure” in place to convince four-time Formula One world champion Sebastian Vettel to stay on beyond the end of the season, the squad’s new team principal Mike Krack said. Vettel, a 53-time race winner who joined the team from Ferrari in 2021, is out
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BERLIN — A dearth of supply from the Ukraine of wire harnesses, a key component for vehicle manufacturing, will lead to production cuts at Volkswagen Group’s Audi division. Production of A4 and A5 models at Audi’s home plant in Ingolstadt, Germany, will be suspended from March 7-11. In Neckarsulm, production of A6 and A7 models
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