Russia’s invasion of Ukraine is starting to create ripple effects in the automotive supply chain. The attack also has prompted companies to stop shipping to Russia or suspend operations there. Here are some of the impacts on the auto industry: Europe’s auto production crashes as flow of wire harnesses dries up Automakers including Volkswagen, BMW
Month: March 2022
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By Simon Alvarez Posted on March 2, 2022 It appears that Ford was really saving its “Model e” trademark for good reason. In a recent announcement, Ford revealed that it would be reorganizing its operations to separate its electric and internal combustion engine businesses. The two divisions will be called “Ford Model e” and “Ford
Swedish electric performance brand Polestar has taken the wraps off its latest concept, the O2 (like the oxygen molecule), and much like 2020’s Precept concept, it is an absolute stunner. The 2+2 convertible sports car is a nice change of pace from the electric SUVs that look great on balance sheets, but don’t stir the
6:51 AM ET Russian Formula One driver Nikita Mazepin will not be allowed to compete at the British Grand Prix, it was announced on Wednesday. David Richards, Chair of Motorsport UK, and the organisation’s board confirmed in a statement that Russian and Belarusian licenced competitors would not be aproved to participate in UK motorsport events,
In this article TSLA Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images The feud between President Joe Biden and Tesla CEO Elon Musk doesn’t seem to be cooling anytime soon. Musk said no one was watching Biden after the president did not mention Tesla during his
They say nothing beats vintage especially if it’s a special ordered and has a V10 under the hood. Freiburger and Dulcich do just that through a series of challenges to find out which is better: David’s 99 Dodge Ram 2500 V10 4×4 with a five-speed stick or Steve’s ’73 K20 Chevy 4×4 with a 350ci
Ford Motor Co. on Wednesday will announce a reorganization under which its electric and internal-combustion engine businesses will be run separately in a move meant to allow the EV business to maximize profits and move with greater speed, three people familiar with the plan told Reuters. The EV and ICE businesses will remain under the
WASHINGTON — President Joe Biden, who last year unveiled major climate, energy and transportation plans and touted an electric vehicle future, shifted the focus to addressing a stack of crises during his first State of the Union address. “We meet tonight in an America that has lived through two of the hardest years this nation
Self-driving truck company Embark is scouting for U.S. real estate. The company said Monday it has partnered with real estate investment firm Alterra Property Group to identify locations across the Sun Belt that could be utilized as transfer points, at which human drivers could take over for automated systems that handle highway driving. Embark intends
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The BMW M2 CS will likely go down in BMW folklore as one of its finest-ever performance cars and Chris Harris owns a particularly cool example. Harris has long been a fan of the M2 and previously owned a black M2 Competition before recently picking up the keys to this M2 CS. His new ride
3:07 PM ET The FIA has decided not to ban Russian drivers from motorsport in the wake of the country’s military invasion of Ukraine, allowing Nikita Mazepin to remain in Formula One with Haas. Motor racing’s governing body decided Tuesday that a ban would only extend to drivers competing under the flag of Russia or
Getty Images Toyota will shut down all 14 of its factories in Japan on Tuesday after a possible cyber-attack. News site Nikkei, which first reported the shutdown, said supplier Kojima Industries Corporation suspected it had been hit by a cyber-attack, causing a halt in production. Japanese factories account for about a third of Toyota’s production.
In this article GM RIDE The Lordstown Motors factory is where GM once operated, in Lordstown, Ohio, on October 16, 2020. Megan Jelinger | AFP | Getty Images General Motors sold its stake in Lordstown Motors during the fourth quarter following an undisclosed lock-up period, the Detroit automaker confirmed Tuesday. GM owned 7.5 million shares
The cargo ship that caught fire in the Atlantic while transporting roughly 4,000 Volkswagen Group vehicles to the U.S. has sunk despite efforts to tow it to safety. The Felicity Ace sank 220 nautical miles off the coast of Portugal’s Azores Islands around 9 a.m. local time on Tuesday after being battered by waves and
AMSTERDAM — Stellantis CEO Carlos Tavares has one word to describe the sound that’ll come from Dodge’s upcoming electric muscle car: “Shocking.” As the Hellcat era comes to a close, the Dodge team is working on creating a sound that will provide the backdrop for a new age of performance. Tavares, citing the company’s market
DETROIT — General Motors has sold its stake in beleaguered EV startup Lordstown Motors. GM sold its 7.5 million shares over the course of the fourth quarter, GM spokesman Jim Cain told Automotive News. The Detroit Free Press reported the sale earlier Tuesday. GM invested in Lordstown in August 2020 “to help facilitate the sale