In this article STLA-IT Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters Automaker Stellantis plans to invest more than $2.5 billion in partnership with Samsung SDI to build the automaker’s first U.S. electric vehicle battery manufacturing facility The companies on Tuesday
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10:23 AM ET Associated Press INDIANAPOLIS — Miles Teller feels the need, the need for speed — and the “Top Gun: Maverick” actor will get it as the honorary starter for what should be the fastest Indianapolis 500 in history. Teller will wave the green flag for “The Greatest Spectacle in Racing” at Indianapolis Motor
Hackers compromised some online accounts of General Motors customers in April, potentially accessing addresses, phone numbers and other personal information, according to a data breach notice filed with California regulators. In a letter to affected customers, GM said it identified suspicious login attempts to an unspecified number of accounts between April 11 and April 29.
Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters Stellantis CEO Carlos Tavares said he expects shortages of the batteries and raw materials needed to make electric vehicles in the coming years, as the global automotive industry pivots to EVs to meet
12:43 PM ET Sebastian Vettel was robbed in Barcelona after the Spanish Grand Prix, with thieves making off a bag belonging to the four-time world champion. Vettel was able to use GPS tracking data from his AirPods to locate the bag, only to find the headphones had been taken out of the bag and abandoned.
Sustained, long-term success takes careful planning, strong leadership and a committed, well-trained team with key members ready to take on more responsibilities as needed. The problem? “Very few dealerships have a formal strategy in place,” says Kendall Rawls, director of development with the Rawls Group, an Orlando-based consulting firm that works in the automotive sector
Diess said he expects Germany’s auto giant to create some momentum over the coming months. Jens Schlueter | Afp | Getty Images The chief executive of Volkswagen believes Europe’s biggest carmaker can overtake Tesla to become the world’s largest seller of electric vehicles by 2025. Speaking to CNBC’s “Squawk Box Europe” at the World Economic
9:36 AM ET BARCELONA, Spain — Formula One’s governing body, the FIA, have announced that Aston Martin’s upgraded car is legal after it launched an investigation into the apparent similarities between its AMR22 car and Red Bull’s RB18. Aston Martin is among a number of teams that have brought significant updates to this weekend’s Spanish
BMW North America named Raymond Wittmann to be its next CFO and Marcus Casey to become head of marketing communications, replacing a pair of executives who are taking posts with BMW in Europe. Both appointments, announced Friday, will take effect Sept. 1. Wittmann, 50, replaces Stefan Kramer, who was executive vice president and CFO since
In this article .FKRX300 VOW3-DE BMW-DE 7203.T-JP RNO-FR Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. Benjamin Girette | Bloomberg | Getty Images Renault has released details of an electric-hydrogen hybrid concept
6:58 PM ET Associated Press INDIANAPOLIS — First came the wind – 41 mph gusts that created some of the most challenging conditions in Indianapolis Motor Speedway history — and the rain was expected to follow. It put IndyCar on its heels on “Fast Friday” as race officials scrambled to save qualifying for the Indianapolis
DETROIT — Jake Neher has joined the Automotive News multimedia team as coordinating producer for audio. Neher, 34, has worked in public radio for the past 12 years. Most recently, he was senior editor for WDET’s “Detroit Today With Stephen Henderson” and co-host of its popular Michigan politics podcast, “MichMash.” A Michigander for most of
Cars and trucks are wedged together after a deadly multi-vehicle pileup on the ice covered I-35 in a still image from video in Fort Worth, Texas, February 11, 2021. NBC5 | via Reuters New vehicles on sale in the U.S. today are the safest and most advanced ever made, yet roadway fatalities last year reached
6:35 PM ET Associated Press INDIANAPOLIS — Scott Dixon used a breathtaking run of more than 234 mph to post the fastest Indianapolis 500 pole run in history. The New Zealander will lead the field to green in “The Greatest Spectacle in Racing” for the fifth time in his career. Considered the best driver of
WASHINGTON — As the auto industry endures global supply chain disruptions, including a semiconductor shortage that emerged from the COVID-19 pandemic, one trade association is hoping to avoid déjà vu. “Right now, our No. 1 public policy issue is to get passage of the competition bill that is making its way through Congress,” said Ann
In this article .FKRX300 Drew Angerer | Getty Images News | Getty Images Hyundai Motor said on Sunday it plans to invest $5 billion in the U.S. by 2025 to further develop mobility technologies in areas like autonomous driving, robotics, and A.I. The investment comes alongside the automaker’s recent announcement of a plan to spend $5.54 billion
8:57 PM ET Associated Press INDIANAPOLIS — Jimmie Johnson felt comfortable from his very first laps of Indianapolis 500 preparation. The seven-time NASCAR champion knows his way around The Brickyard — he won at Indianapolis Motor Speedway four times in a stock car — so not even a brush with the wall in an Indy
There’s no ejector seat, oil slick maker or machine gun, but the 1964 Aston Martin DB5 that Sean Connery bought for himself more than a half-century after driving one as James Bond in Goldfinger is up for sale. The actor bought the DB5 at the suggestion of his children in 2018, two years before he