Month: April 2022

6:59 AM ET The Haas Formula One team has rejected former title sponsor Uralkali’s demand for a refund of $13 million and asked for compensation from the Russian company, according to a report by Motorsport.com. Haas split from Dmitry Mazepin’s company Uralkali and dropped his son Nikita as driver several weeks after Russia’s military invasion
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DETROIT — GMC‘s next-generation Canyon will include high-end features and off-road capability as the brand adds its new AT4X trim to the midsize pickup. GMC teased the updated Canyon on Thursday, ahead of a full reveal this summer. The Canyon will be the second GMC nameplate to add the AT4X trim, which was introduced on
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With 620 horsepower, the Porsche 911 GT2 RS is a handful to drive. We trained our high speed video cameras on the GT2 RS as it takes a high speed corner to analyze the science of the most powerful 911’s speed. Read the full story here: http://www.motortrend.com/features/performance/1112_the_science_of_speed/ Shot by: Jim Gleason Edited by: Jim Gleason
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DETROIT — Ford Motor Co. will launch its F-150 Lightning electric pickup April 26, CEO Jim Farley said Wednesday on Twitter. The automaker plans an event that day at the Rouge Electric Vehicle Center in Michigan to celebrate the official start of production and first customer deliveries, which are expected soon afterward. “We will be
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11:46 AM ET Monaco is still discussing a new contract with Formula One but the future of the showcase race beyond this year is assured, according to the head of organisers the Automobile Club de Monaco (ACM). ACM president Michel Boeri hit back at media reports that Monaco was in danger of dropping off the
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What kind of vehicle is the 2023 Hyundai Palisade? What does it compare to? Hyundai’s largest vehicle, the 2023 Palisade gets its first major update since its winning launch into the three-row SUV segment in 2020. It competes against the Kia Telluride, Honda Pilot, Toyota Highlander, Ford Explorer and many, many other three-row family vehicles,
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Stellantis CEO Carlos Tavares on Wednesday took a bullish stance on the U.S. market despite rising fears of a downturn. Speaking at the automaker’s annual shareholders’ meeting, Tavares said Stellantis was confirming its forecast for double-digit operating income margin this year, and added that expected sales in North America, especially in its highly profitable U.S.
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Vietnamese electric automaker VinFast set pricing for a battery-lease program and introduced a partnership with Electrify America for fast-charging on its national network. VinFast, which started making gasoline cars in 2019 and delivered its first EV last year, is showing three electric crossovers at the New York auto show. The automaker is targeting initial sales
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Dealership sales departments have traditionally feasted on bountiful digital marketing budgets and tactics while fixed ops departments had to nibble on the leftover scraps, usually in the form of “spray-and-pray” direct-mail campaigns. But that dynamic is changing. Fast. “We’re on the cusp of an advertising revolution in fixed ops,” says Alexi Venneri, co-founder and CEO
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South Korean battery makers could raise prices by 30 percent to 40 percent to offset high commodity costs and they are in talks with electric vehicle makers over new long-term contracts, according to SNE Research. “We had a meeting with Korean cell makers recently that led us to adjust the outlook for prices of electric-car
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