7:01 AM ET JEDDAH, Saudi Arabia — Max Verstappen will arrive at the Saudi Arabian Grand Prix a day late on Friday after suffering from a stomach illness earlier this week. The world champion will miss Thursday’s media sessions as a result but says he is now “feeling fine again.” Verstappen tweeted that he had
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Audi will decide this year whether it needs to build a production facility in the United States to take full advantage of the electric vehicle tax subsidies contained in the Inflation Reduction Act, the premium brand’s CEO said Thursday. Speaking from Germany during Audi’s annual press conference with global media, CEO Markus Duesmann said the
11:59 AM ET Ferrari’s Charles Leclerc will serve a 10-place grid penalty at the Saudi Arabian Grand Prix, the second race of F1’s season. Leclerc retired from third position in the closing stages of the Bahrain Grand Prix due to a problem with his Ferrari’s control electronics. Editor’s Picks 2 Related Ferrari has confirmed Leclerc
Lithia Motors Inc., as part of its aggressive dealership acquisition strategy, has succeeded in its bid to enter the United Kingdom with the purchase of Jardine Motors Group, CEO Bryan DeBoer confirmed to Automotive News.DeBoer said the deal, which closed Wednesday, was “more affordable than what we typically find … in the United States,” but
9:02 AM ET Ferrari returns to prototype racing for the first time in 50 years when it joins the World Endurance Championship in Sebring. Alessio Morgese/NurPhoto via Getty Images “It’s about time!” Mario Andretti exclaimed. The legend among motor racing’s living legends knows of which he speaks. A full 50 years after the factory from Maranello
Bisbee Importing and Metro Auto Importer, both in Michigan, have had their registered importer status revoked by NHTSA. Investigations revealed “serious and systemic violations of federal safety requirements,” NHTSA, the nation’s top auto safety regulator, said in a statement Tuesday. The companies will no longer be able to legally import vehicles into the U.S. Registered
Spencer Platt | Getty Images News | Getty Images German automaker BMW on Wednesday set out targets to slightly increase margins for its automotive segment and raise deliveries this year, as it pushes ahead with the rollout of its electric fleet. The company said it expects an EBIT (earnings before interest and taxes) margin of
General Motors said on Tuesday its Silao Assembly Plant in Mexico that makes Chevrolet and GMC pickup trucks will extend a production halt through March 20 because of an undisclosed temporary supply chain issue. The largest U.S. automaker previously announced it was halting production from March 4-12 at its central Mexico plant because of a
6:18 AM ET Formula One is not in talks about a London street race despite plans being drawn up for a track in the east of the city, ESPN understands. This week reports circulated of new plans for a race around the Docklands area, which currently hosts a Formula E event, put forward by built
The late Cal Worthington’s iconic Ford dealership sold, a store part owned by a race-car driver changed hands, a dealer shed her only dealership and a group entered its second state, all in transactions that closed in the fourth quarter and first quarter. Here’s a look at the deals involving import and domestic brands and
People look at the Volkswagen id buzz electric car during the press day at the Los Angeles Auto Show in Los Angeles, California, November 17, 2022. Mike Blake | Reuters Volkswagen on Tuesday announced plans to invest 180 billion euros ($192.6 billion) between 2023 and 2027, with more than two thirds targeting “electrification and digitalization.”
5:39 PM ET Associated Press IndyCar driver Jack Harvey has not been cleared to race following a hard wreck in the open-wheel series’ season opener in Florida. Rahal Letterman Lanigan Racing said Monday that Juri Vips was testing for Harvey at Barber Motorsports Park. Harvey missed an IndyCar race last season with a concussion. Harvey
WASHINGTON — The Alliance for Automotive Innovation said Monday it had elected Bob Nelson, American Honda Motor Co.’s executive vice president of corporate services, as its 2023 board chair. Nelson, 58, succeeds Kumar Galhotra, president of Ford Blue, Ford Motor Co.’s internal combustion business. “In my 36 years with Honda, the auto industry has never
The all-electric Porsche Taycan Turbo. Source: Porsche AG Luxury automaker Porsche AG issued an ambitious long-term outlook of more than 20% of return on sales, after posting record 2022 earnings on Monday on the back of higher deliveries. The carmaker said its operating profit rose by 27% to 6.77 billion euros ($7.23 billion) last year,
Electric-vehicle maker Rivian Automotive Inc. and its largest shareholder Amazon.com Inc. are in talks to end the exclusivity part of their electric van deal, The Wall Street Journal reported on Monday citing people familiar with the matter. Online retailer Amazon had placed an order for 100,000 electric delivery vans from the Irvine, Calif.-based EV maker
In this article RIVN AMZN Follow your favorite stocksCREATE FREE ACCOUNT One of Amazons new electric delivery vans from Rivian gets ready to leave the Amazon Distribution Facility on Cyber Monday on November 28, 2022 in Aurora, Colorado. Rj Sangosti | Denver Post | Getty Images Rivian and Amazon are in discussions to adjust the
5:13 PM ET Associated Press GAINESVILLE, Fla. — Tony Stewart ended up in the NHRA winner’s circle to start 2023 — as a team owner. Stewart red-lighted in the second round of eliminations in the Top Alcohol class Saturday, but the three-time NASCAR champion finished drag racing’s season opener with Matt Hagan, one of his
General Motors Co. is exploring uses for ChatGPT as part of its broader collaboration with Microsoft Corp., a company executive told Reuters. “ChatGPT is going to be in everything,” GM Vice President Scott Miller said in an interview last week. The chatbot could be used to access information on how to use vehicle features normally