The CEO of the Volkswagen Group’s core VW brand has issued a warning about a lack of competitiveness as the brand looks to improve its return on sales and grow its market share for electric vehicles in China. “With many of our pre-existing structures, processes and high costs, we are no longer competitive as the
Month: November 2023
EV maker Rivian is opening its first flagship retail space on December 9th… In a historic theater. The location will serve as Rivian’s welcome center with events and theater programming. Rivian reimagined the space, first opened as the New Lynn Theater in 1935. The theater’s transition took several years, but much of the theater’s original
Laurence Edmondson, F1 EditorNov 29, 2023, 07:01 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Formula One’s media has gradually been running out of adjectives to describe Max Verstappen‘s dominance this year, but the statistics of his phenomenal 2023 season speak for themselves. Below is a list
Kia Owner Dumps His Sportage Back To The Dealership Following 4th Theft Incident | Carscoops The fed-up Kia owner walked 4 hours back to his home saying he can’t deal with it anymore November 30, 2023 at 06:20 A Kia owner from Washington State was so fed up with his Sportage that he returned it
In this article F Follow your favorite stocksCREATE FREE ACCOUNT NEW YORK – Ford Motor on Thursday reinstated 2023 guidance after pulling its forecast last month due to the impacts of labor strikes and negotiations with the United Auto Workers union. The guidance calls for $10 billion to $10.5 billion in adjusted earnings before interest
Tesla fans are divided by the automaker’s controversial steering “yoke,” which swaps out the conventional wheel for a rectangle that’s more akin to what you’d find in an airplane’s cockpit or a Formula One race car. Some buyers see it as yet another stroke of genius from Elon Musk. Others think it makes driving more
Nov 29, 2023, 01:13 PM ET Open Extended Reactions Marc Márquez made his Ducati debut at Tuesday’s MotoGP 2024 preseason test in Valencia. Diogo Cardoso/Getty Images The 2023 MotoGP season boasted one of the tightest title fights in recent memory. Throughout the campaign, momentum swung back and forth, like a pendulum, between Pecco Bagnaia and Jorge
Miami Mom Hits Son With SUV While Allegedly Aiming For Kids Fighting Him | Carscoops The boy survived with non-life-threatening injuries but the mother is now in jail on multiple charges of aggravated assault November 29, 2023 at 19:20 A mother in Florida received a terrifying call from her child on Monday, during which he
In this article 7267.T-JP RIVN TSLA 7203.T-JP LCID Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South Burley Avenue on Saturday, Oct. 7, 2023, in Chicago. John J. Kim | Tribune News Service | Getty Images The United
A 2013 Mercedes-AMG Petronas W04 Formula 1 car driven by seven-time champion Lewis Hamilton sold for $18.815 million at a recent RM Sotheby’s auction in Las Vegas. That beat the pre-auction estimate of $10-$15 million. It also beat the previous modern F1 car record of $14.9 million for an ex-Michael Schumacher 2003 Ferrari F1 set
By Zachary Visconti Posted on November 28, 2023 German automaker Volkswagen is airing warning signals amidst high costs and low productivity at its vehicle plants, which one executive says has made the company’s main brand fall behind the competition. On Monday, Volkswagen Group announced plans for a $10 billion euro (~$10.9 billion) cost-cutting measure at
Laurence Edmondson, F1 EditorNov 26, 2023, 01:39 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions ABU DHABI — Sergio Pérez was given a formal warning by the stewards at the Abu Dhabi Grand Prix after he labelled their decision to hit him with a five-second penalty “a
Ford F-150 SVT Raptor Mangled And Mutilated In Chaotic Police Chase | Carscoops Citizens from all around the San Gabriel Valley area captured multiple angles of the pursuit, while a helicopter documented the dramatic finale 3 hours ago Police went in pursuit of the driver of a Ford F-150 SVT Raptor in California on Monday
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images General Motors is seeking to regain Wall Street’s confidence leading into
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Laurence Edmondson, F1 EditorNov 27, 2023, 02:42 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Mercedes team principal Toto Wolff has likened the challenge of catching Red Bull to that of climbing Mount Everest after his team scored less than the points of the world champions this
Brand New Ram TRX Tumbles Off A Cliff, But The Recovery Is Even Wilder Than The Fall | Carscoops The driver and his dog both survived the insane drop off of Hurrah pass in Moab, Utah 2 hours ago When off-roading goes wrong it can mean a whole lot of damage and sometimes serious injuries.
In this article OSK Follow your favorite stocksCREATE FREE ACCOUNT Large vehicles are considered some of the toughest to electrify. But Pierce, the largest maker of firetrucks in North America, is giving it a try. Pierce has already delivered its Volterra electric firetruck to numerous fire departments across the country and has more on the
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