It is taller than expected, clearly crossover inspired and generally bulky but sporty, images of Toyota‘s forthcoming Crown sedan show. Plans for a redesigned, hybrid edition of one of the most venerated nameplates in Japan were reported in April, but details were scarce on how the vehicle would be styled. Images posted to Japan’s government
Month: July 2022
SALZGITTER, Germany — Volkswagen Group said it will invest more than 20 billion euros ($20.38 billion) in a battery cell business jointly with partners, creating 20,000 jobs and reaching annual sales exceeding 20 billion euros by 2030 as it seeks leadership in the growing market. The PowerCo unit will manage VW’s global battery production and
In this article F Visitors walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images DETROIT — Ford Motor joined its crosstown rival General Motors in reporting its worst quarterly sales in China since the onset of the coronavirus pandemic, amid a resurgence
By Maria Merano Posted on July 7, 2022 Demand for the Tesla Megapack remains strong based on the latest photos of Giga Nevada. Recent photos from OttoPilot reveal that Tesla is preparing for many Megapack shipments soon. The demand for Tesla’s grid-scale battery storage units has been steadily rising since Q2 2021, ultimately leading to
Automotive News Europe honors the winners of the 2022 Rising Stars awards. Through July 13, the 19 winners will be featured. The Rising Star for Mobility is Olia Michou, who is director of product at Vulog. For her full profile click here. The 2022 Rising Stars winners will be honored in Prague at a gala
4:28 PM ET Max Verstappen responded to Lewis Hamilton’s dig about not being a sensible driver by saying it is reassuring that even a 37 year old can learn how to take a corner properly. Hamilton battled cleanly with Charles Leclerc at the British Grand Prix and praised the Ferrari driver for being “sensible”, saying
The Hyundai N model line is about to expand, again. On Monday, Hyundai teased three upcoming N models on its global N Instagram account. The teasers are part of the automaker’s N Day announcement, which will take place on July 15. One teaser places a blurred vehicle on a racetrack. Despite the fuzziness, the vehicle
Coming as the latest product in their line of non-vehicular luxury goods, Bugatti has just revealed their newest collaboration with winemaker Champagne Carbon called the EB.03 Edition, marking the third time they’ve partnered with the winemaker to commemorate different milestones in their history. The dark blue EB.01 Edition commemorated Bugatti’s 110th anniversary, the EB.02 Edition
Self-driving tech company Argo AI said it laid off about 150 employees on Thursday. In a written statement, an Argo spokesperson said the layoffs were part of “prudent adjustments to our business plan” as the company plotted for future growth. Former Argo employees who worked in the company’s human resources, recruiting, technical sourcing and communications
A robot car of the General Motors subsidiary Cruise is on a test drive in 2019. Andrej Sokolow | picture alliance | Getty Images Federal vehicle safety regulators will investigate a crash last month in which a vehicle struck a self-driving car from General Motors-backed Cruise. The incident resulted in minor injuries. The National Highway
Volkswagen Group has added a slew of additional underwriters as it pushes ahead with the planned initial public offering of its Porsche sports car unit, people with knowledge of the matter said. BNP Paribas, Deutsche Bank and Morgan Stanley were selected as senior joint bookrunners, the people said. Barclays, Banco Santander, Societe Generale and UniCredit
Vietnamese automaker VinFast is opening its first U.S. showrooms in California shopping centers next week on its way to 30 company-run retail locations in the state by year end. VinFast has chosen Santa Monica, San Diego, San Mateo, Corte Madera, Commerce and Berkeley for its first six showrooms, the company said in an email invitation
7:40 AM ET Red Bull has clarified that Juri Vips has lost his test and reserve driver roles with its Formula One team but remains part of the driver programme despite using a racial slur on a livestream last month. Vips’ contract for those roles was terminated on June 28 after a week-long investigation into
VW has announced another big battery investment, this time committing €20 billion to battery production through 2030 with a new battery production spinoff named “PowerCo.” The announcement was made at the groundbreaking ceremony for its new battery factory in Salzgitter, Germany, the first of six plants in Europe as unveiled at VW’s “Power Day” event
Taking a 1,000-mile road trip in a ’67 Pontiac Firebird that sat in a barn in Georgia for over 16 years is crazy. But drag racing it every day along the way is true Roadkill. On this episode of Roadkill, Finnegan and David Newbern take the Rubber Duck Firebird on an endurance drag racing event.
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Volkswagen Group has added a slew of additional underwriters as it pushes ahead with the planned initial public offering of its Porsche sports car unit, people with knowledge of the matter said. BNP Paribas, Deutsche Bank and Morgan Stanley were selected as senior joint bookrunners, the people said. Barclays, Banco Santander, Societe Generale and UniCredit
In this article TSLA F GM VOW-DE VOW3-DE An ID. Buzz photographed at a plant in Hanover, Germany, on June 16, 2022. Supply chain constraints — including those related to semiconductors — have been a major challenge for automakers in recent times. Ole Spata | Picture Alliance | Getty Images The CEO of German automotive
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