Month: July 2022

Volkswagen Group’s newly formed battery business is working to overcome supply-chain headwinds as it ramps up production and prepares for an initial public offering. PowerCo, which bundles the automaker’s global battery efforts, is trying to secure raw materials amid surging prices and logistics issues, according to the unit’s Chief Financial Officer Kai Alexander Mueller. VW
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11:23 PM ET Associated Press MORRISON, Colo. — Brittany Force took the No. 1 spot in the final Top Fuel qualifying session Saturday in the NHRA Mile-High Nationals at Bandimere Speedway. Force had a 3.758-second run at 325.61 mph at Thunder Mountain for her fourth No. 1 qualifier of the season and 36th overall. “We
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Carvana Co. may be back on a growth trajectory, but what investors really want to see is how well it’s controlling its costs. With consumer confidence falling and the Federal Reserve raising interest rates to fight the surge in inflation, Carvana and other online used-vehicle retailers may see little growth in demand in the coming
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Amid a rise in traffic deaths in recent years, the National Safety Council is acknowledging that its longstanding approach to vehicle safety is failing. After decades of maintaining the same outlook, the influential nonprofit that works with government and industry to create rules to reduce vehicle deaths is adopting a new strategy: It will prioritize
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PRAGUE — The use of hydrogen is a viable alternative to battery-powered vehicles in the race to reduce vehicle emissions, but industry observers acknowledge that much more needs to be done in building infrastructure, educating consumers and governments, and maturing the technology. At Automotive News Europe’s congress in Prague on Thursday, Guido Dumarey, CEO of
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4:20 PM ET Associated Press Colton Herta posted a fast lap of 59.2698 seconds in Saturday’s qualifying at Toronto, becoming IndyCar’s first two-time pole winner this season. The Californian will start from the No. 1 spot for the ninth time in his career and first since competing in Long Beach, California, in April. A different
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I’d like every automotive exec reading this to do this exercise right now: Place your smartphone in your right hand, and then pick up the last automobile you drove and hold it at the same height in your left hand. What? You can’t? They’re not equal, you say? Pfft. Then tell me, please, why executives
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A person claiming to be a current Cruise employee raised concerns with California regulators about the self-driving tech company’s safety culture and readiness to begin commercial operations in San Francisco. The letter arrived at the California Public Utilities Commission’s inbox for whistleblowers May 19, two weeks before the regulators cleared Cruise’s robotaxis for those commercial
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