Month: February 2023

10:14 AM ET Formula One’s governing body, the FIA, has officially opened the application process for a new team to join the grid by 2025 at the earliest. With F1’s worldwide popularity booming like never before, interest in joining the series is high. Editor’s Picks Under the bid process outlined by the FIA on Thursday,
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The parent company of two Massachusetts Mazda dealerships will pay $350,000 to settle allegations the stores charged Black and Latino customers more for finance-and-insurance products than white customers, the state attorney general’s office said Tuesday. Hometown Auto Framingham in Massachusetts, which operates North Shore Mazda in Danvers, Mass., and Wellesley Mazda in Wellesley, Mass., has
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Phantom AI, a startup focused on creating a software-based platform for automated vehicles, has secured $36.5 million for its series C funding round, the company said Wednesday. The fresh funding will help accelerate development of its vehicle-agnostic and customizable platform. With this new round, Phantom AI has raised $80.2 million since its 2017 founding by
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SHANGHAI — BMW has raised suggested retail prices for some models sold in China because of higher raw material and logistics costs globally. The automaker increased the manufacturer’s suggested retail prices of 17 models in China including its 5-Series sedans and X5 crossovers, effective immediately, Shanghai Securities News reported. The MSRP of X3 crossovers also
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6:09 PM ET Associated Press IndyCar driver Conor Daly would accept a last-minute Daytona 500 ride if offered the chance to enter “The Great American Race.” Helio Castroneves last week ruled out trying to make NASCAR’s season-opening race because the four-time Indianapolis 500 winner did not believe there was enough time to prepare for the
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LAS VEGAS—Daimler Truck North America unveiled its SuperTruck II Wednesday, showing off an efficient diesel big rig intended to demonstrate fuel-saving technologies that can be deployed as the trucking industry pivots to zero-emission vehicles. The sleek cab, painted in a pixelated rainbow livery to evoke a sense of effortless motion, is more of a proof-of-concept
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By Eric Ralph Posted on February 1, 2023 SpaceX CEO Elon Musk says that the company could eventually develop an expendable version of its next-generation Starship rocket. Starship is extraordinarily ambitious. Even before considering the unproven concepts of orbital propellant refilling and full, rapid reusability that are central to the full system, Starship is a
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BMW has filed a patent application for grilles that include headlights and other lighting elements, Auto Express reported on Monday, citing information found in patent documents. Documents filed with the World Intellectual Property Organization show designs that could incorporate headlights, as well as sensors for driver-assist features, into BMW’s signature twin-kidney grille, the report said.
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COVENTRY, England — Developing fully autonomous vehicles that can go everywhere has proven harder and more expensive than expected, but investors are continuing to fund startups that target simpler self-driving vehicle solutions far removed from pedestrians and other vehicles operated by unpredictable humans. British AV software company Oxbotica, Sweden’s Einride, America’s Outrider and British supplier
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