In the past, a brand that produced powertrains of awesome performance, or rarefied designs of outstanding touch and feel, or luxurious construction that translated to stratospheric pricing, was known as an exotic. Today, the segment is identifying new products, new powertrains and new strategies to meet regulatory and competitive changes around the world while still
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Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT — General Motors will close reservations for its electric
TOLEDO, Ohio — General Motors said on Friday it will invest $760 million at its Toledo, Ohio, factory to build drive units for electric trucks, the automaker’s first U.S. powertrain facility repurposed for EV-related production. Th largest U.S. automaker currently builds GM’s six-speed, eight-speed and 10-speed rear-wheel drive and nine-speed front-wheel drive transmissions in a
Xpeng has announced its most expensive car to date. Pictured here at a store in Shanghai, China, on July 2021 are two of Xpeng’s previously released models, a P7 Wing Limited Edition in green and a G3 SUV in blue. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese electric car start-up Xpeng has
BERLIN — In an effort to get more electric vehicles and batteries out the door of its new plant in Austin, Texas, Tesla will shift resources away from a similar project in Berlin. The EV maker has told local government officials in Gruenheide, Germany, that it still intends to open a battery factory there, where
Chip maker Qualcomm (QCOM) shined a light on its automotive strategy during an investor day Thursday, detailing new partnerships and offering fresh insights into projected revenue at its auto division. Club holding Qualcomm said its automotive “design-win pipeline” now stands at $30 billion, up from roughly $19 billion when it reported third-quarter results in late
3:57 PM ET Associated Press FORT WORTH, Texas — Brad Keselowski has his first pole as an owner-driver at NASCAR’s highest level, a week after RFK Racing’s other car went to Victory Lane. While never in playoff contention after joining a rebranded team with longtime owner Jack Roush this season, 2012 Cup champion Keselowski had
Growing Lithia Motors Inc., which has indicated it is targeting further Midwest expansion, did just that with its recent acquisition of five dealerships from Wilde Automotive Group in Wisconsin. Lithia on Sept. 12 acquired Wilde East Towne Honda in Madison, Wilde Toyota in West Allis and Wilde Chrysler-Dodge-Jeep-Ram, Wilde Subaru and Wilde Honda, all in
2024 Ford Mustang Source: Ford Convertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars and more rugged sport utility vehicles. Sales of traditional drop-tops such as the Chevrolet Camaro and Ford Mustang, as well as roadsters such as the
5:14 AM ET Williams has confirmed Nicholas Latifi will leave the team at the end of the current Formula One season, the team confirmed on Friday. The Canadian driver has looked unlikely to remain with the team for several months. Dutch driver Nyck de Vries, who stood in for Latifi’s unwell teammate Alex Albon at
Lithia Motors Inc., which continues to gobble up dealerships, including acquiring five in Wisconsin in September, also sold one dealership in Northern California and another in Southern California this month, as it sheds some stores in a “network optimization” plan. The Medford, Ore., auto retailer sold Lithia Chrysler-Dodge-Jeep-Ram-Fiat of Eureka on Sept. 14 to Harper
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China. Bobby Yip | Reuters Elon Musk has run two ambitious tech companies at the same time ever since he became chair and later CEO of
Sep 22, 2022 ESPN News Services McLaren Racing is in serious conversation about running a fourth Indianapolis 500 entry for NASCAR star Kyle Busch. Busch, who last week left Toyota and Joe Gibbs Racing after 15 years to sign with Richard Childress Racing, has permission to compete in the Indy 500 with a Chevrolet team.
A former employee of Pine Belt Nissan of Toms River has been charged with money laundering and theft, with prosecutors alleging he stole in excess of $1.3 million. Martin D’Amato, 37, worked in a digital advertising role for the northern New Jersey store. He allegedly charged the dealership for advertising contracts to shell companies he
In this article F Follow your favorite stocksCREATE FREE ACCOUNT A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Recent supply chain problems for Ford Motor have included a small, yet important, part for the company and its
1:00 PM ET Former MotoGP world champion Joan Mir has endured some of the biggest crashes of his career in 2022. RONNY HARTMANN/AFP via Getty Images The U.S. is witnessing something of a renaissance in motorsport. Call it the “Drive to Survive” effect, but Formula One isn’t the only series seeing a resurgence in television audiences.
NEW YORK — Mercedes-Benz will use Qualcomm’s Snapdragon Digital Chassis in upcoming vehicles, Qualcomm Technologies Inc. said Thursday. Mercedes plans to power its vehicles’ digital cockpits and telematics systems with the computing platform, Qualcomm said. The company now has a Snapdragon design-win pipeline worth $30 billion, according to Qualcomm CEO Cristiano Amon, a figure that
In this article 300750-CN 300750-CN Follow your favorite stocksCREATE FREE ACCOUNT CATL is the world’s largest electric vehicle battery maker and supplier to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images The world’s largest electric vehicle battery maker CATL is evaluating whether to expand its battery swapping