BMW Concept XM BMW BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The investment will include $1 billion to prepare for production of EVs at the automaker’s existing Spartanburg factory in South Carolina, and $700 million for a new high-voltage battery-assembly facility
If you’ve ever want to own a muscle car powered by Dodge’s 1,000-hp Hellephant crate engine, now’s your chance. A Hellephant-powered 1968 Dodge Charger named Dumbo is slated for a Mecum auction running in Las Vegas from November 10-12. The supercharged 7.0-liter V-8 was unveiled at the 2018 SEMA show, and went on sale as
PARIS/TOKYO –The sharing of technology has emerged as a sticking point between Renault and Nissan as the companies negotiate an overhaul of their decades-old partnership, two people familiar with discussions told Reuters. The French and Japanese automakers said this month they were in talks about the future of their alliance, including Nissan potentially investing in
12:43 PM ET Red Bull has won the Formula One constructors’ championship for the first time since 2013, ending Mercedes’ run of eight straight titles. The championship was secured at the U.S. Grand Prix, with three races to spare, a day after company founder and team owner Dietrich Mateschitz died aged 78. Verstappen, who won
Police officers aren’t usually big fans of burnouts, especially when drivers decide to do them on public roads with other drivers around. But officers in Timmonsville, South Carolina, while definitely not condoning tire fires, think you ought to at least do it properly to make it worth the ticket they’re going to write you. This
An Arizona dealership group claims that a raid by the state attorney general’s office that focused on vehicles imported from Mexico shut its stores and caused “substantial damages,” including lost sales and profits. A federal judge in Phoenix is allowing the dealership group, Mark Enterprises Car Co., to pursue its lawsuit against agents of the
West Coast charging network operator EVCS is looking to simplify powering electric vehicles by offering a choice of monthly subscription plans. The move marks a departure from the way such networks typically operate. Most require a low monthly fee and charge an additional amount per kWh used. “It really is a minefield across the various
With plenty of clever tech, a luxurious interior, and a 341-mile claimed WLTP range, there’s a lot to like about the recently revealed Mercedes EQE SUV. We had the chance to get up close and personal with the EQE SUV following its global debut in Paris. The above video shows an EQE 500 4Matic SUV, which
In this article LAD KMX GM F Follow your favorite stocksCREATE FREE ACCOUNT A sign advertises to purchase cars at a used car dealership in Arlington, Virginia, February 15, 2022. Saul Loeb | AFP | Getty Images DETROIT – Since the start of the pandemic in early 2020, U.S. automakers and dealers have seen record
This test is all about choosing the features you want and need on your carburetor, and how those features affect your horsepower and tunability. Do mechanical secondaries really make any more power than vacuum-power ones? Does a choke horn restrict inlet airflow? #enginemasters #motortrend MotorTrend is the ultimate streaming destination for gearheads coupled with the
LEIPZIG — BMW production chief Milan Nedeljkovic expects stabilizing supply chains to lead to a clear improvement in profitability next year. From a production perspective, Nedeljkovic said he did not expect margins to fall. “Repeated undersupply and needing to re-plan production brought a certain turmoil. A clear improvement in our margins should result purely from
4:03 PM ET Associated Press HOMESTEAD, Fla. — Chandler Smith, Zane Smith and Ben Rhodes became the final drivers to punch their tickets to the NASCAR Truck Series finale next month when Ty Majeski, already in the title race, won after Saturday’s race at Homestead-Miami Speedway. The drivers rounded out the championship-deciding final four on
Social media is filled with all kinds of weird car-related videos but this one, recently filmed somewhere in the U.S., is one of the most bizarre we’ve come across in quite some time. It is understood that things may have started when the driver of a Dodge Charger SRT Hellcat was being chased by police.
Lithia Motors Inc., which has remained on a franchised dealership acquisition tear in 2022, is now in the recreational vehicle business — and the rapidly expanding company didn’t have to travel far to do so. Lithia on Oct. 2 bought Airstream Adventures, a collection of six Airstream stores in Oregon, Washington, Idaho and California. The
PAHRUMP, Nev. — Countless data points gathered by vehicles every day on public roads can be used to improve safety and traffic flow and speed up emergency response times. British automotive data startup Wejo hopes to play a major role in getting the auto industry to that point by using data to learn how drivers
By Johnna Crider Posted on October 21, 2022 Starlink terminals are in Iran, and efforts to bring more in are expected to scale up. On Thursday, a video of a Starlink terminal in Iran was shared on Instagram by Manoto TV. On Friday, it was confirmed that there are more terminals in the nation. Karim
Rolls-Royce has entered the EV game with its new Spectre. The car is a big coupe that Rolls-Royce bills as the spiritual successor to the Phantom Coupe. Jeep Avenger Jeep has also entered the EV game with its Avenger. The subcompact electric crossover starts sales in Europe in 2023 but isn’t expected to reach the
Hyundai Ioniq 6 Hyundai DETROIT – The Biden administration’s elimination of tax credits for imported electric vehicles deals a massive blow to Hyundai Motor’s business, an executive for the automaker said Wednesday. Jose Munoz, global president and chief operating officer, declined to disclose a specific financial impact associated with the requirements of the Inflation Reduction