Tesla‘s Elon Musk joined Apple’s Tim Cook, Mercedes-Benz Group’s Ola Kallenius and other car and technology company bosses in emphasizing the importance of maintaining ties with China in his first visit to the country since before the pandemic. Musk met with Foreign Minister Qin Gang in Beijing on Tuesday and said the interests of China
Month: May 2023
May 29, 2023, 10:24 AM ET Alpine took their first podium finish of the Formula One season in Monaco on Sunday and Chief Executive Laurent Rossi, who warned of the consequences of failure after poor opening results, said he was proud of the performance. Esteban Ocon‘s third place in the most glamorous street race of
Watch Lifted Ram Truck Rescue A Stricken Semi By Crawling Over It Then Tow It Away | Carscoops Aussie Ram encountered a semi-truck blocking a switchback and had to climb over the trailer before hauling it up the hill by Chris Chilton May 30, 2023 at 12:33 by Chris Chilton Pickup trucks, like supercars, are
Automotive Ventures raised $13 million for a new fund backed by dealerships hoping to invest in novel technology that could help them do their jobs better. The firm’s DealerFund is much smaller than originally intended, however. When fundraising began more than a year ago, the goal had been to raise as much as $50 million.
BANGKOK — China’s Great Wall Motor Co. is finalizing plans to invest up to $30 million to set up a new battery pack assembly plant in Thailand, where it will start making a compact electric car next year, according to a company official. The Hebei-based company is also considering establishing a research and development center
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Trimming tech Watch Constellation Brands Stick with Ford 1. Trimming tech, as Nasdaq climbs Equities were mixed Tuesday morning, even as positive sentiment around artificial intelligence continued to pull the
The first customer example of Aston Martin’s stunning new DB12 grand tourer has been claimed, with the buyer battling it out with rival bidders at a charity auction held in France last week. The final price paid was $1.6 million and the proceeds benefit aid research foundation amfAR. The auction took place during the amfAR
By Simon Alvarez Posted on May 29, 2023 It appears that Tesla is at least considering the idea of using a traditional round steering wheel with the Cybertruck. Interestingly, hints of the Cybertruck’s round steering wheel option were hidden in plain sight. Since the Cybertruck was released, the vehicle was never spotted with a conventional
Bentley has named former Volvo styling head Robin Page its new director of design. Page will succeed Tobias Sühlmann, who will leave the Volkswagen Group subsidiary to pursue other opportunities, Bentley said in a release. Page, 51, will be responsible for defining Bentley’s design language as it transforms into an electric-only brand by 2030. Under
Associated Press May 29, 2023, 06:21 PM ET INDIANAPOLIS — Josef Newgarden celebrated his first Indianapolis 500 win Sunday night. He cashed in Monday at the race’s annual victory dinner. The two-time IndyCar champ earned a record $3.666 million for the biggest win of his career, an increase of more than $500,000 over last year’s
Aussie High-School Student Spotted Driving A Lamborghini Aventador SV With L-Plates | Carscoops We bet you (like us) didn’t learn how to drive behind the wheel of a 740 hp supercar from Lamborghini by Thanos Pappas 2 hours ago by Thanos Pappas The end of a school day is a pleasant time for high-school students,
When Renault reimagined its Espace as a crossover after five model generations as a minivan, it was an acknowledgement that a once-iconic segment had truly run its course in Europe. Minivans have been declining in popularity among European consumers, much as they have with American shoppers. Since the early 2010s, minivans have been replaced by
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As the world moves toward a sustainable future, some regions have an abundance of renewable energy, while others are at a geographical disadvantage. Japan-based startup PowerX has a solution with the world’s first electric battery tanker, “X,” designed to transport clean energy by sea. What does PowerX do? PowerX is a battery startup company on
French brands Peugeot, Citroen and Renault and Italy’s Fiat benefited from a big rebound in rental cars sales last month in three of Europe’s most popular vacation destinations. Rental car sales in April rose 143 percent, 78 percent and 30 percent in Italy, France and Spain, respectively, according to an analysis done by market research
Associated Press May 29, 2023, 02:32 PM ET INDIANAPOLIS — IndyCar owner Roger Penske says he is certain series officials will investigate what led to a wheel coming loose during a crash in the Indianapolis 500 and sailing over the catch fence and grandstands before hitting a parked automobile. “We haven’t had a wheel come
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European auto assembly plants have pulled 42,000 more vehicles out of production this week due to a lack of microchips, according to the newest estimate from AutoForecast Solutions. But the North American industry, which has made far more chip-related production cuts so far this year, was able to leave its factory schedules unchanged. Chinese production
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