Month: July 2023

Jul 1, 2023, 08:42 AM ET Dutch teenager Dilano van’t Hoff died in an accident during a wet Formula Regional European Championship race at Belgium’s Spa-Francorchamps circuit on Saturday, his team said. The 18-year-old, who won the 2021 Spanish F4 championship, was racing for the Dutch MP Motorsport outfit at the Belgian Grand Prix circuit.
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U.S. light-vehicle sales rose for the 11th consecutive month in June at Hyundai and Kia, helped by rising inventories and more generous discounts tied to July 4 holiday promotions. Hyundai said deliveries rose 10 percent to 69,351 last month, but retail sales, a strength for the brand in recent months, slipped 2 percent to 61,991.
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Volvo Cars has hired a “digital-first business leader” to help it transition into generating half of its global sales online by 2025. Gretchen Saegh-Fleming will join the automaker July 3 from Hydrow, which sells home rowing machines, where she served as chief commercial officer for two and a half years. Prior to that she spent
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Toyota Motor Corp. will split its manufacturing and components operations in North America by powertrain, and it will install one of its leading female executives to oversee production operations of battery-electric vehicles. Meanwhile, Mike Sweers, who led Toyota’s sweeping global redesign of its body-on-frame vehicles, has been promoted to head of the automaker’s North American
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