Month: December 2022

Tesla handed over the first of its electric Semi trucks Thursday, a milestone for the automaker more than five years after it unveiled the vehicle. “If you want the most badass rig on the road, this is it,” CEO Elon Musk said at a low-key “delivery event” at Tesla’s battery factory in Sparks, Nevada. While
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Used-vehicle auction services company America’s Group said Thursday that its CEO, Cam Hitchcock, will retire Dec. 31. Hitchcock will be replaced by Chuck Tapp, the company’s chief revenue officer and executive vice president, according to a news release. The executive transition comes roughly one year after auction company XLerate Group completed its acquisition of America’s
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The Senate passed legislation to avert a crippling U.S. rail strike on an 80 to 15 vote and sent the measure to President Joe Biden for his signature ahead of next week’s strike deadline. The vote came a day after the House approved the measure on a 290-137 bipartisan vote. The bill would impose a
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BMW this week revealed a modern take on its legendary 3.0 CSL. The new version is based on the 4-Series platform and combines BMW’s most powerful production inline-6 with rear-wheel drive and a 6-speed manual transmission. Ferrari Vision Gran Turismo concept Ferrari revealed a Vision Gran Turismo concept. The design is a wild single-seater with
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XPeng reports a further year-over-year decrease in its electric car sales, although the latest results are slightly better than in October. Last month, XPeng delivered 5,811 electric cars (down almost 63% year-over-year). The company explains that “it mitigated challenges brought by COVID-related restrictions and disruptions,” which suggests that things will get better. The overwhelming majority of
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MUNICH — BMW Group has begun production of an early-stage hydrogen-powered crossover — a milestone in the automaker’s diversified powertrain strategy. A test fleet of BMW iX5 Hydrogen vehicles, based on the X5 crossover, will hit the road early next year as the automaker aims to commercialize the technology by decade’s end. BMW is one
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7:16 AM ET It may not have come down to the final lap of the final race like 2021, but 2022’s Formula One season still threw up plenty of drama. There were plenty of standout performers and a handful of disappointments from the 20 drivers who make up the grid. Here’s our full driver rankings,
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Group 1 Automotive Inc. has expanded its U.S. luxury portfolio with the purchase of Mercedes-Benz of Anaheim in California. The store appears to have been owned by Caliber Motors, according to California dealership license records, and was founded in 1984, according to the store’s website. A Group 1 spokeswoman confirmed the transaction happened Thursday. The
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Software security researchers and engineers used a flaw in a SiriusXM service to hack into Honda, Nissan and Toyota vehicles using only their VINs, which provides wider access to account information. But for Hyundai and its sibling Genesis models, one only needs the email address, they said. The researchers discovered the coding flaw in a
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