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WASHINGTON — U.S. auto supplier group on Tuesday urged President Joe Biden to provide federal assistance to help auto parts companies impacted by the ongoing UAW strike against the Detroit 3 automakers. MEMA, which includes the association’s Original Equipment Suppliers and Aftermarket Suppliers groups, said in a letter urging Biden to “effectuate federal assistance to
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Associated Press Sep 25, 2023, 09:20 AM ET IndyCar will return to the Milwaukee Mile next season, and Texas Motor Speedway is off the calendar for the first time since 1997 in the 2024 schedule released Monday. The 17-race schedule features two Saturday night races, a $1 million all-star race in Southern California, 12 races
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BERLIN – German automaker Mercedes-Benz has applied for tax breaks for potential projects at two of its U.S. plants under the Inflation Reduction Act, a company spokesperson said on Monday. “We have decided to participate in the application process for production-related tax relief” under the IRA for the plants in Alabama and South Carolina, according
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Associated Press Sep 24, 2023, 08:12 PM ET FORT WORTH, Texas — William Byron took the lead for the first time after the final restart with six laps left to win at Texas Motor Speedway on Sunday, advancing to the round of eight in the NASCAR playoffs while giving Hendrick Motorsports its 300th victory. With
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Automakers have cut about 63,400 vehicles from their production schedules over the previous three weeks because of the microchip shortage, according to the latest estimate by AutoForecast Solutions. Most of those cuts occurred in North America, where automakers axed 56,642 vehicles from plans at their assembly plants since the forecasting firm’s Sept. 1 estimate. Companies
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Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia’s automotive industry more
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Laurence Edmondson, F1 EditorSep 24, 2023, 06:12 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 SUZUKA, Japan — Christian Horner has said he doubts Red Bull will ever be able to repeat the success it has had this season after his team won the constructors’ championship at the Japanese Grand
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Unifor members at Ford Motor Co. of Canada have voted to ratify the tentative collective agreement struck Sept. 19 between union negotiators and the automaker. Membership approval of the three-year deal, which was unanimously endorsed by Unifor’s auto bargaining committee, locks in substantial wage gains and pension improvements for workers, and will see Ford invest
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Laurence Edmondson, F1 EditorSep 21, 2023, 05:00 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 SUZUKA, Japan — McLaren team principal Andrea Stella believes Oscar Piastri has similar traits to two-time champion Fernando Alonso and seven-time champion Michael Schumacher. This week, Piastri, who is in his rookie season in F1,
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Automakers and their retailers are getting creative in the race for service technicians. In February, Mercedes-Benz USA partnered with Job Corps to grow its technician ranks. In March, Ford Motor Co. announced a $1 million scholarship fund for future technicians in four U.S. cities. And Volvo Cars, in an effort to recruit more female technicians,
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In this article F BARC-GB TSLA Follow your favorite stocksCREATE FREE ACCOUNT Shares of Tesla (TSLA) edged lower Friday after Barclays forecasted the mega-cap name would miss on delivery results. Wall Street analysts expect Tesla to report third-quarter deliveries of 455,000 units, missing the consensus forecast of 463,000 units. Barclays maintained an equal weight (hold)
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Sep 22, 2023, 10:02 AM ET Formula One stewards have accepted they erred in not imposing a grid penalty on Red Bull’s Max Verstappen for impeding in Singapore qualifying last weekend, and the decision will not serve as a precedent. Championship leader Verstappen collected two reprimands for three incidents reviewed but escaped any penalty for
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