Month: October 2022

Nissan will use the 2022 SEMA show on this week in Las Vegas to present a Frontier pickup truck powered by a V-8 engine. The vehicle is strictly a concept, though we may see it entered in Baja-style desert racing competitions since it was developed in partnership with Forsberg Racing, the racing team of successful
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In this article TSP Follow your favorite stocksCREATE FREE ACCOUNT TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck startup TuSimple has fired its CEO, Xiaodi Hou, after an internal investigation found improper dealings and
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SHANGHAI — Geely Automobile plans to spin off its high-end Zeekr electric-vehicle brand and list the unit. The terms of the proposed spin-off, including listing venue, offering size and price range for Zeekr have not been finalized, the company said in a statement. Geely Automobile and its parent Zhejiang Geely Holding Group launched Zeekr in
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7:07 AM ET Daniel Ricciardo said he is talking to Formula One teams about a reserve role next year and that taking a break from racing could prove to be “a blessing in disguise.” The Australian finished seventh for McLaren in Sunday’s Mexico City Grand Prix and was voted Driver of the Day by fans
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By Johnna Crider Posted on October 29, 2022 Elon Musk’s acquisition of Twitter has finally come to a close, and as he takes charge of the platform, some advertisers aren’t too happy. Citing his love for humanity, Elon Musk wrote a letter to Twitter’s advertisers emphasizing the importance of ad relevancy on Thursday. On Friday,
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A company extended into the next generation Aug. 1 when Mike Shannon sold Holiday Automotive in Fond du Lac, Wis., to his son, Michael Shannon Jr., according to Scott Mackie of buy-sell firm National Business Brokers. The younger Michael Shannon bought three franchised dealerships: Holiday Chevrolet-Buick-GMC-Cadillac, Holiday Mazda and Holiday Ford. A used-car store and
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5:56 PM ET Max Verstappen became the first ever Formula One driver to win 14 races in a season with an easy victory at the Mexican Grand Prix. Verstappen, 25, who wrapped up his second world championship at the start of the month, led away from pole position and never looked likely to lose the
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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CHICAGO — It’s not the “great resignation.” The challenges in the U.S. labor market today can be better understood as the “great reassessment,” said Adam Robinson, CEO of Hireology, a recruitment technology company that works with auto dealerships. There is a broad rethinking happening about “what it means to have an employment relationship,” Robinson said
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To push U.S. battery development, the Department of Energy awarded $250 million in cost-sharing grants to three companies working to scale silicon technology for faster charging and more energy storage of EV batteries. They include Amprius Technologies Inc., Group14 Technologies Inc. and Sila Nanotechnologies, all focused on silicon-based battery technology. The DOE funding is part
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Tesla began clearing a German forest late Friday to expand its electric-car factory near Berlin, a key piece of the company’s growth plans for Europe. The automaker is working on an application to increase its storage and logistics capacity at its site in Gruenheide, a spokesman said early Saturday, confirming a report by the Maerkische
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7:28 AM ET Max Verstappen is refusing to talk to British F1 broadcaster Sky Sports at the Mexican Grand Prix following comments made by pundit Ted Kravitz. The reigning double world champion is unhappy at comments Kravitz made in his ‘Ted’s Notebook’ show after the U.S. Grand Prix in Austin, when he referred to Lewis
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General Motors donated a Chevrolet Bolt to serve as the official diplomatic vehicle of Ukraine’s U.S. embassy. Omar Vargas, GM’s head of global public policy, delivered the electric vehicle to Oksana Markarova, Ukraine’s ambassador to the U.S., in Washington last week. GM also provided a Level 2 charger. “Today, our Embassy in Washington D.C. is
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BERLIN — Volkswagen Group reported third-quarter earnings of 4.3 billion euros ($4.29 billion), behind pre-pandemic levels, following 1.6 billion euros ($1.6 billion) in one-off charges from the suspension of Russian activities and its Porsche listing. The automaker cut its vehicle sales expectations for the year as chip availability remains scarce and logistics continue to pose
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6:58 PM ET Toto Wolff MEXICO CITY — Toto Wolff believes Sunday’s Mexican Grand Prix will be Mercedes’ best shot a securing a victory this season, but stressed that beating Max Verstappen would not be an easy task. Verstappen pipped George Russell and Lewis Hamilton to pole position on Saturday by 0.3s, although both Mercedes
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