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For suppliers with diverse ownership, there are bridges to success in the auto industry just waiting to be crossed. General Motors, Ford Motor Co. and Stellantis are among automakers that have helped diverse suppliers along on their journeys as they work to develop a rich ecosystem of service providers that can be partners for years
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Mick Schumacher has completed a private test for McLaren at Portuguese circuit Portimao as part of his role as Mercedes’ reserve driver. Schumacher, son of seven-time world champion Michael, joined Mercedes this year after being released by Haas at the end of 2022. Mercedes shares its test and reserve drivers with McLaren, which races with
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Construction of a $3.7-billion electric-vehicle battery plant jointly owned by Stellantis and LG Energy Solution has resumed, the automaker said July 5 NextStar Energy, the name of the joint venture in Windsor, Ont., signed a binding agreement with the federal government ensuring the production of battery cells and modules at the facility. The agreement includes
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Jul 5, 2023, 08:02 AM ET Formula One teams will test a bolt-on wheel cover aimed at reducing spray in wet conditions next week. Mercedes and McLaren will test the device at Silverstone on Thursday next week after the tyre tests which follow Sunday’s British Grand Prix. F1 cars currently throw out a huge amount
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Nikola said on Wednesday that wholesale and retail sales of its EVs jumped in the second quarter from the first, a positive sign for the startup that has been grappling with a cash crunch and stiff competition. The company said that retail sales of its trucks doubled to 66 in the quarter, while wholesale figure
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EV startup Rivian Automotive, which has struggled with manufacturing issues since its 2021 launch, delivered 12,640 vehicles in the second quarter, beating analyst estimates and sending its stock price higher. Rivian produced 13,992 vehicles in the April to June period, including its R1T pickup truck, R1S crossover and EDV delivery vans for Amazon, the company
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Jul 4, 2023, 05:09 AM ET McLaren Formula One driver Lando Norris urged environmental activists on Monday not to put lives in danger with ‘stupid and selfish’ protests during this weekend’s British Grand Prix at Silverstone. Six “Just Stop Oil” campaigners ran on to the track after an opening lap crash at last year’s race
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TOKYO — Toyota’s radical electric vehicle overhaul will deliver a plethora of knock-on benefits beyond the next-generation of Tesla-fighting Toyotas that start rolling off the line from 2026. Breakthrough manufacturing processes will be applied to factories making more conventional vehicles as well. Meanwhile, the new all-electric platform being engineered from scratch may even be shared
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In this article ZE594-CN Follow your favorite stocksCREATE FREE ACCOUNT BYD Vice President Yang Dongsheng speaks at a launch event for the Denza N7 electric SUV on July 3, 2023, in Beijing. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese electric car giant BYD is launching a new electric SUV, its most direct competitor
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