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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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Associated Press Jun 29, 2023, 01:14 PM ET Tony Kanaan insisted after driving in his final Indianapolis 500 in May that he wasn’t done with racing entirely. Turns out he’s not even leaving his team. Arrow McLaren announced Thursday the creation of a new hybrid role within its racing program for Kanaan, the popular Brazilian
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Lithia Motors Inc. sold three dealerships in separate June transactions, including one it had purchased just this month. The other two were sold to a pair of the largest dealership groups in the country. Lithia on Tuesday sold Priority Toyota Hampton in Virginia to Mills Automotive Group, Tom Dobry, Lithia’s vice president of strategic operations,
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In this article PSNY Follow your favorite stocksCREATE FREE ACCOUNT The Polestar 2, a battery-electric crossover SUV. Polestar owners in North America will have access to Tesla’s charging network starting next year. Source: Polestar Swedish electric vehicle maker Polestar said Thursday that it has signed a deal with Tesla that will allow drivers of its
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Red Bull’s junior team AlphaTauri looks set to change its name for the 2024 Formula One season and move into a closer technical collaboration with the reigning world champions. Red Bull has two F1 teams, with the second operating out of Faenza in Italy as a place for the company’s junior drivers to start their
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From the wiring to the sheet metal to the software, automakers that plan to adopt Tesla’s plug for their own EVs have bigger design and engineering challenges than just changing the receptacle in the charge port. So far, General Motors, Ford, Rivian and Volvo have committed to adopting Tesla’s North American Charging Standard plugs. Stellantis
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A group opposed to a Ford Motor Co. electric vehicle battery plant in Marshall, Mich., is suing the city in hopes of stopping construction of the $3.5 billion project, according to court documents. The plant — dubbed BlueOval Battery Park Michigan — is set to open in 2026. It is expected to create about 2,500
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Red Bull boss Helmut Marko has cast further doubt over Nyck de Vries’ future with AlphaTauri after admitting Christian Horner was right to have reservations about signing him. De Vries was signed to Red Bull’s junior team after an impressive points-scoring finish on his F1 debut at last year’s Italian Grand Prix while deputising for
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Laurence Edmondson, F1 EditorJun 27, 2023, 11:30 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Alpine boss Laurent Rossi admits the progress of rival Formula One team Aston Martin has acted as a reality check for his outfit this year. Alpine finished fourth in last year’s championship standings and started
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Ford and Chevrolet topped S&P Global Mobility’s 2023 loyalty ranking of mainstream brands for the first four months of the year, while Toyota fell to seventh place, the market research firm said Tuesday. The drop could be due to conquests by Tesla, with migrations to the electric vehicle maker up for almost every mainstream brand.
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In this article RIDE Follow your favorite stocksCREATE FREE ACCOUNT The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Struggling electric-truck maker Lordstown Motors filed for Chapter 11 bankruptcy protection on Tuesday and said that it would
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