Month: September 2022

South Korean and U.S. officials are working toward a “concrete proposal” to resolve their differences over electric vehicle subsidies, South Korea’s trade minister told CNBC. “We’ve established a specific dialogue channel to address this particular issue, and we are glad that the U.S. government wholeheartedly engaged with us to rectify the problems,” Ahn Duk-geun told
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Following a successful initial public offering, shares in Porsche started trading on Thursday on the Frankfurt Stock Exchange. Volkswagen Group, which owned 100% of Porsche prior to the IPO, set the placement price at 82.50 euros (approximately $79.60) per share, valuing the sports car marque at 75 billion euros. The share price has risen to
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MILAN — Renault CEO Luca de Meo has resigned as a director at Italy’s biggest phone company, Telecom Italia, to focus on the automaker’s turnaround plan, the telecoms company said. De Meo’s resignation will be effective after Telecom Italia’s board of directors meeting scheduled on Thursday, TIM said, adding the company’s nomination committee will start
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11:18 AM ET Associated Press Benjamin Pedersen is the first driver to land a promotion from Indy Lights into IndyCar as AJ Foyt Racing confirmed Wednesday he’ll be part of its 2023 lineup. Pedersen, a 23-year-old dual citizen of Denmark and the United States, spent last season running the full Indy Lights schedule for HMD
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DENVER — More than a decade ago, venture capitalist Marc Andreessen famously claimed, “Software is eating the world.” That trend certainly is reverberating through the automotive world. What was once a primarily atoms-focused hardware business is increasingly morphing into a bits-driven software and services one. Powertrain electrification and in-vehicle connectivity have turned cars into computers
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Joe Gebbia, co-founder of Airbnb and chairman of Airbnb.org, during South By Southwest (SXSW) festival in Austin, Texas, U.S., on Sunday, March 13, 2022. Matthew Busch | Bloomberg | Getty Images Tesla has added Airbnb co-founder, designer and billionaire Joe Gebbia as an independent member
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On this episode of Engine Masters, we see how exhaust cutouts stack up against a full exhaust and a header extension behind our heavy-breathing 598-cubic-inch Big Block Chevy. #enginemasters #motortrend #davidfreiburger MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. Get a fast, simple, and free car quote
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MILAN — Renault CEO Luca de Meo has resigned as a director at Italy’s biggest phone company, Telecom Italia, to focus on the automaker’s turnaround plan, the telecoms company said. De Meo’s resignation will be effective after Telecom Italia’s board of directors meeting scheduled on Thursday, TIM said, adding the company’s nomination committee will start
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6:02 AM ET The Mercedes Formula One team will renew its title and technical partnership with Malaysian oil company Petronas from 2026, it announced on Wednesday. Mercedes have won the constructors title eight times since partnering with Petronas in 2010, though drivers Lewis Hamilton and George Russell are yet to win a race this season.
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. The Detroit automaker on Tuesday revealed its 2023 F-Series Super Duty trucks,
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