The European Parliament on Tuesday approved legislation that will ban by 2035 the sale of new cars and vans that emit C02 emissions, which means vehicles still equipped with an internal-combustion engine will effectively be banned from sale across the European Union. The rule calls for 55% less CO2 emissions from new cars by 2030
Toyota’s new CEO, Koji Sato, has pledged to “drastically” accelerate the rollout of new electric vehicles as part of his goal to reinvent the world’s largest automaker as a mobility company. While unveiling a new leadership team on February 13 (watch the press conference in the video above), Sato said the EV offensive would center
Years of warnings about job losses from the transition to all-electric cars from internal-combustion powertrains are starting to become reality, as Ford this week announced it would cut nearly half of its European engineering staff of 6,200. Martin Sander, Ford’s EV boss in Europe, said the reason was, simply, that electric cars are much simpler.
2:50 PM ET Dale Earnhardt, top, and Dale Jarrett contested one of NASCAR’s all-time-great Daytona 500s in 1993. Bill Frakes /Sports Illustrated via Getty Images The 1993 Daytona 500, run 30 years ago today, is first and foremost a love story. Yes, it was the Dale and Dale Show. Yes, it was the victory that sparked
Would You Buy A 2k Mile Corvette C8 Jumped And Abused For YouTube Clicks? | Carscoops The Corvette has proven itself to be remarkably resilient, but would you buy a car that a YouTuber had jumped? by Sebastien Bell 4 hours ago by Sebastien Bell The C8 Corvette is clearly a winner for GM and
The auto industry needs lidar to become less expensive and solid state. That’s the assessment of Ouster CEO Angus Pacala as he starts to integrate the operations of the Velodyne lidar business following the closer of a $355 million merger of the two companies last week. The merger between the two companies will provide laser-based
Ford Motor (F)’s decision to halt production and shipments of its electric pickup truck further undermines our confidence in the automaker. We have little patience left for more missteps and are ready to ditch this long-held holding if there isn’t a significant turnaround this quarter. The company on Tuesday announced it had issued a stop-shipment
Missing in action for over 10 years, the beloved Ford Taurus SHO returns at this year’s Chicago Auto Show.
By Joey Klender Posted on February 13, 2023 Tesla gave a series of fresh, new looks inside Giga Berlin, its electric vehicle production facility located in Germany. The videos show how the factory is truly “the machine that builds the machine,” as automation, as well as a few helpful hands on the manufacturing line, help
PARIS — Renault and Nissan will invest $600 million to boost their operations in India, including the planned launch of six new joint models. The companies described the investment as a starting point that will create 2,000 additional jobs in Chennai, where the alliance has a factory that builds cars for both automakers and an
3:26 PM ET Time is not on Fernando Alonso‘s side but the 41-year-old double Formula One world champion, preparing for a new adventure with Aston Martin, has not given up on adding to his tally of 32 grand prix wins. The Spaniard recognised, however, that it was unlikely to happen in 2023. Alonso has joined
Thieves Take A Bite Out Of Oscar Mayer Wienermobile Stealing Its Catalytic Converter | Carscoops Not even the Oscar Mayer Wienermobile is safe from America’s most dastardly catalytic converter cutters by Sebastien Bell 9 hours ago by Sebastien Bell Are the criminal forces of the underground pushing at the boundaries of acceptability? You may think
DETROIT — UAW President Ray Curry said restoring the cost-of-living adjustment for the Detroit 3 workers it represents will be among the union’s top priorities in this year’s contract negotiations. Curry, speaking to reporters Monday at a Ford battery plant announcement, said bringing back the automatic COLA raises that the union gave up ahead of
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Michael H | Digitalvision | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can
The latest Mercedes-Benz S-Class has spawned a plug-in hybrid option. It’s known as the S 580e, and Mercedes on Monday announced that the electrified luxury sedan reaches dealerships in the first half of 2023, as a 2023 model. Order books are already open, and pricing is confirmed to start at $123,700, including a $1,150 destination
Calhoun County Public Schools in West Virginia is going to install rooftop solar at two public schools – a state first. The first solar on West Virginia public schools Calhoun County schools will also be the first in West Virginia to install solar power onsite at no upfront cost through a Power Purchase Agreement (PPA). A PPA is a
One turns 20 this year, the other shipped its first car shortly after World War II. The former wants to bring sustainable transportation to the masses, while the latter sells speed and extravagance to the world’s wealthiest. One’s cars quietly whir, and the other’s roar. Tesla and Ferrari have little in common, and won’t for
2:28 PM ET Aston Marrtin has unveiled the car new Formula One recruit Fernando Alonso will be racing in 2023 alongside Lance Stroll. Two-time champion Alonso, the grid’s oldest driver at 41, joined the team this year in place of Sebastian Vettel, who retired at the end of last year. Alonso, who last won a