Coming as the latest product in their line of non-vehicular luxury goods, Bugatti has just revealed their newest collaboration with winemaker Champagne Carbon called the EB.03 Edition, marking the third time they’ve partnered with the winemaker to commemorate different milestones in their history. The dark blue EB.01 Edition commemorated Bugatti’s 110th anniversary, the EB.02 Edition
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Self-driving tech company Argo AI said it laid off about 150 employees on Thursday. In a written statement, an Argo spokesperson said the layoffs were part of “prudent adjustments to our business plan” as the company plotted for future growth. Former Argo employees who worked in the company’s human resources, recruiting, technical sourcing and communications
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Volkswagen Group has added a slew of additional underwriters as it pushes ahead with the planned initial public offering of its Porsche sports car unit, people with knowledge of the matter said. BNP Paribas, Deutsche Bank and Morgan Stanley were selected as senior joint bookrunners, the people said. Barclays, Banco Santander, Societe Generale and UniCredit
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7:40 AM ET Red Bull has clarified that Juri Vips has lost his test and reserve driver roles with its Formula One team but remains part of the driver programme despite using a racial slur on a livestream last month. Vips’ contract for those roles was terminated on June 28 after a week-long investigation into
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VW has announced another big battery investment, this time committing €20 billion to battery production through 2030 with a new battery production spinoff named “PowerCo.” The announcement was made at the groundbreaking ceremony for its new battery factory in Salzgitter, Germany, the first of six plants in Europe as unveiled at VW’s “Power Day” event
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Volkswagen Group has added a slew of additional underwriters as it pushes ahead with the planned initial public offering of its Porsche sports car unit, people with knowledge of the matter said. BNP Paribas, Deutsche Bank and Morgan Stanley were selected as senior joint bookrunners, the people said. Barclays, Banco Santander, Societe Generale and UniCredit
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Automotive News Europe honors the winners of the 2022 Rising Stars awards. Through July 13, the 19 winners will be featured. The Rising Star for Distribution Strategy is Katia Maeso Bucher, who is Seat’s digital business rollout management boss. For her full profile click here. The 2022 Rising Stars winners will be honored in Prague
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4:09 PM ET Associated Press NASCAR on Wednesday penalized Noah Gragson for a deliberate and dangerous crash he caused in the Xfinity Series race at Road America. Gragson, who turns 24 later this month, was docked 30 points and fined $35,000 by NASCAR for intentionally crashing into Sage Karam on Saturday at the road course
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What kind of vehicle is the 2023 Mazda CX-50? What does it compare to? The 2023 Mazda CX-50 is a compact crossover SUV that seats five passengers. Longer, wider, yet lower than the CX-5, the CX-50 hitches its off-road wagon to the adventure lifestyle craze proliferating through the segment with vehicles such as the Ford
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