Month: July 2022

9:23 PM ET Associated Press INDIANAPOLIS — Alex Palou‘s top priority remains winning a second straight IndyCar championship. But his future after this year is looking awfully murky. Shortly after Chip Ganassi Racing announced Tuesday it would exercise a team option to keep the star Spaniard next season, Palou and Arrow McLaren SP said they
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DETROIT — Electric vehicle startups that promised to disrupt the automotive industry by using a software- and technology-heavy approach are now scrambling to cut costs amid the type of industry slowdown that has bedeviled Detroit automakers over the years. To remain a player in an increasingly competitive business as incumbent automakers introduce their own EVs,
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Nineteen young and talented automotive executives on Wednesday received their Rising Star awards from Automotive News Europe at a gala awards dinner in Prague. Since the program was started in 2011, Automotive News Europe has awarded more than 220 Rising Stars. The 12th annual Rising Stars awards recognize fast-climbing auto leaders who are already taking
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The 2023 Toyota Tacoma has slipped behind newer rivals for comfort, but it hangs tough off-road. What kind of vehicle is the 2023 Toyota Tacoma? What does it compare to? The 2023 Toyota Tacoma is a mid-size pickup truck that squares off against the Ford Ranger and Nissan Frontier, among others.  Is the 2023 Toyota
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Walmart Inc.’s deal backing an electric-vehicle startup has some strings, including a provision preventing sales to rival Amazon. The retail giant’s agreement to purchase as many as 10,000 battery-powered vans from Canoo Inc. provides a lifeline for the fledging auto manufacturer, and Canoo shares surged more than 50 percent on the news Tuesday. The caveat
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In this article A4N1-FF Attendees view a Polestar 2 electric vehicle (EV) during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021. Jill Connelly | Bloomberg | Getty Images Swedish electric vehicle maker Polestar said Wednesday that it still expects to deliver 50,000 vehicles in 2022, in line with its earlier guidance,
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