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BERLIN — Sentiment in Germany’s automotive industry took a tumble in February as concerns grew over falling demand, according to a survey from the Ifo economic institute. The institute said on Friday in a statement that its business situation index for the sector fell to 6.0 from 12.5 in January. “Manufacturers in particular assess their
11:36 AM ET MANAMA, Bahrain — Lewis Hamilton has said he is a fighter and has no plans to leave Formula One if he is unable to challenge for a title this year with Mercedes. The seven-time champion failed to win a race last season for the first time in his 16-year career and goes
Atlanta Police Chase Their Own Cruiser After Man Steals It During Traffic Stop And Crashes On Train Tracks | Carscoops A locomotive delt a glancing blow to the car moments after police pulled the man out by Stephen Rivers 10 hours ago by Stephen Rivers The last thing a police officer might expect when on
HAMBURG – Volkswagen Group’s supervisory board was meeting on Friday to discuss plans for two new factories in North America, two people familiar with the matter said. One will be a production plant and the other will be a battery cell factory. While the board is expected to approve a site for its Scout brand
Mercedes-Benz’s China unit is tapping China’s largest battery maker, CATL, and two major battery material recyclers – GEM Co. and Brunp Recycling Co. — to recycle retired batteries used in electrified vehicles. The four companies will form a so-called closed-loop battery recycling project, according to a memorandum of understanding signed Monday, GEM and Brunp said
In this article MP ON 4AIM-IT WOLF TSLA Follow your favorite stocksCREATE FREE ACCOUNT Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleu | Pool | via Reuters Shares in some chipmakers dipped on Thursday after electric vehicle maker
The Austrian village of Reifnitz, located on the shores of Lake Wörthersee and forming part of the municipality of Maria Wörth, has played host to an annual meet for Volkswagen GTI fans going all the way back to 1982. VW itself has joined the fun and used the event to introduce new models and concepts
By William Johnson Posted on March 2, 2023 An Energica Experia electric motorcycle has been spotted at a Tesla Supercharger following the opening of the charging network to other electric vehicles. News of Tesla opening its fabled Supercharger Network in the United States has been met with a combination of excitement and dread. But there
Stellantis and Renault are turning to their own ranks to tackle a shortage of truck drivers that is leaving thousands of vehicles stranded away from dealerships and customers. Stellantis, the maker of Fiat and Peugeot cars, sent off emails and placed posters in some of its factories in a drive to convince workers to fill
4:06 PM ET The entire IndyCar field will be chasing defending champion Will Power, front, in the 2023 season. Jamie Squire/Getty Images Nine different winners from six countries. Seventeen races saw 5,881 passes produced. There were 98,145 laps turned and 186,224 miles of racing covered, with a 41-year-old champion crowned:Team Penske’s Will Power. The 2022 edition
Power Lines Crash Onto Cars, Trucks For Blocks In Massachusetts Without Apparent Cause | Carscoops At least two trucks and three cars were in contact with power lines, but no injuries were reported by Thanos Pappas 6 hours ago by Thanos Pappas Drivers on Montvale Avenue in Stoneham, Massachusetts had a terrifying experience on March
Tesla Investor Day was short on details for a new, affordable vehicle that will enable the automaker to maintain its rapid growth curve by moving into mainstream segments, disappointing analysts who expected a product presentation. CEO Elon Musk and Tesla executives spoke on their vision for a global transition to sustainable energy and the need
Gotion Inc. hopes to move forward with a $2.4 billion EV battery parts plant in the Big Rapids area, but it has a backup plan that could involve leaving the state if the deal falls apart, said Chuck Thelen, the company’s vice president for North American operations. Since announcing the plant and plans to create
Walt Disney (DIS) and Ford Motor (F) could both be at inflection points. Here’s the latest news on both Club holdings as of Thursday, and our take on where things stand. Disney could sell Hulu The news: In a research note this week, analysts at Citi argued there’s an increased likelihood Disney could sell its
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Tesla has teased what appears to be a new wireless home charging station as part of its charging presentation during its Investor Day. Investor Day included presentations from all of Tesla’s major divisions, including a presentation about charging by Rebecca Tinucci, head of global charging infrastructure. The bulk of the presentation focused on Tesla’s extensive
Saudi Aramco has agreed to take a minority stake in Renault Group and Geely’s planned combustion-engine venture as the oil behemoth seeks to expand into transport technologies. Reuters reported in January that Aramco was in advanced discussions to take a stake of up to 20 percent in the joint venture, which would develop and supply internal