Toyota will close its plant in St. Petersburg, Russia, and may sell it, amid shortages of key components and materials following Russia’s invasion of Ukraine. The automaker suspended production at the factory in March following Russia’s invasion of Ukraine. It also stopped vehicle imports into Russia. Toyota said on Friday that over the last six
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5:14 AM ET Williams has confirmed Nicholas Latifi will leave the team at the end of the current Formula One season, the team confirmed on Friday. The Canadian driver has looked unlikely to remain with the team for several months. Dutch driver Nyck de Vries, who stood in for Latifi’s unwell teammate Alex Albon at
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Lithia Motors Inc., which continues to gobble up dealerships, including acquiring five in Wisconsin in September, also sold one dealership in Northern California and another in Southern California this month, as it sheds some stores in a “network optimization” plan. The Medford, Ore., auto retailer sold Lithia Chrysler-Dodge-Jeep-Ram-Fiat of Eureka on Sept. 14 to Harper
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Electric vehicle startup Bollinger Motors said it’s developing an electrified refrigerated truck with trailer and truck body manufacturer Wabash. The companies announced Wednesday that Wabash’s lightweight composite technology, called EcoNex Technology, will be combined with Bollinger’s electric chassis cab to create a Class 4 refrigerated truck. EcoNex reduces the amount of electricity needed to maintain
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Just days after officially launching its G9 SUV, XPeng Motors has completely revamped the naming system of its trims, offering two new versions and different prices. The Chinese automaker has cited tremendous customer demand as the reason for the changes, but the overhaul also addresses confusion surrounding which G9 configuration delivered which standard features. Here
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Sep 22, 2022 ESPN News Services McLaren Racing is in serious conversation about running a fourth Indianapolis 500 entry for NASCAR star Kyle Busch. Busch, who last week left Toyota and Joe Gibbs Racing after 15 years to sign with Richard Childress Racing, has permission to compete in the Indy 500 with a Chevrolet team.
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A former employee of Pine Belt Nissan of Toms River has been charged with money laundering and theft, with prosecutors alleging he stole in excess of $1.3 million. Martin D’Amato, 37, worked in a digital advertising role for the northern New Jersey store. He allegedly charged the dealership for advertising contracts to shell companies he
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NEW YORK — Qualcomm’s automotive design-win pipeline has surged to $30 billion, up from about $19 billion only two months ago, the company said Thursday. The fast-growing figure reflects Qualcomm’s efforts to become a prominent automotive presence, CEO Cristiano Amon said during the company’s first automotive investor day. At the core of Qualcomm’s automotive business
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