Month: June 2023

Associated Press Jun 29, 2023, 01:14 PM ET Tony Kanaan insisted after driving in his final Indianapolis 500 in May that he wasn’t done with racing entirely. Turns out he’s not even leaving his team. Arrow McLaren announced Thursday the creation of a new hybrid role within its racing program for Kanaan, the popular Brazilian
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Lithia Motors Inc. sold three dealerships in separate June transactions, including one it had purchased just this month. The other two were sold to a pair of the largest dealership groups in the country. Lithia on Tuesday sold Priority Toyota Hampton in Virginia to Mills Automotive Group, Tom Dobry, Lithia’s vice president of strategic operations,
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Audi will replace CEO Markus Duesmann with Volkswagen Group strategy chief Gernot Doellner. Doellner will take over from Duesmann on Sept. 1, Audi said in a statement on Thursday. Duesman’s future had been in doubt following a number of mishaps and slow progress on innovation that has seen the luxury brand fall behind competitors BMW
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Autonomous trucking company TuSimple is considering selling its U.S. business, according to documents filed Tuesday with the U.S. Securities and Exchange Commission. The decision to explore strategic alternatives for the U.S. business, including a possible sale, “was guided by the company’s review of multiple business factors and commercial opportunities,” according to a TuSimple press release.
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In this article PSNY Follow your favorite stocksCREATE FREE ACCOUNT The Polestar 2, a battery-electric crossover SUV. Polestar owners in North America will have access to Tesla’s charging network starting next year. Source: Polestar Swedish electric vehicle maker Polestar said Thursday that it has signed a deal with Tesla that will allow drivers of its
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Red Bull’s junior team AlphaTauri looks set to change its name for the 2024 Formula One season and move into a closer technical collaboration with the reigning world champions. Red Bull has two F1 teams, with the second operating out of Faenza in Italy as a place for the company’s junior drivers to start their
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From the wiring to the sheet metal to the software, automakers that plan to adopt Tesla’s plug for their own EVs have bigger design and engineering challenges than just changing the receptacle in the charge port. So far, General Motors, Ford, Rivian and Volvo have committed to adopting Tesla’s North American Charging Standard plugs. Stellantis
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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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A group opposed to a Ford Motor Co. electric vehicle battery plant in Marshall, Mich., is suing the city in hopes of stopping construction of the $3.5 billion project, according to court documents. The plant — dubbed BlueOval Battery Park Michigan — is set to open in 2026. It is expected to create about 2,500
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General Motors doesn’t expect to equip the all-new Chevrolet Silverado EV pickup with Tesla’s North American Charging Standard (NACS) connector before the 2025 model year, according to Reuters. The comment comes as the first units of the 2024 Silverado all-electric pickup are rolling off the assembly line at GM’s Detroit-Hamtramck plant, with deliveries expected to
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Volkswagen is reducing output of electric cars at its Emden plant in northern Germany due to flagging sales. Production of the ID4 full-electric SUV and the brand’s new ID7 all-electric sedan will be cut over the next two weeks, the Nordwest-Zeitung newspaper reported, citing the factory’s works council. The plant’s three-week summer vacation will be
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Red Bull boss Helmut Marko has cast further doubt over Nyck de Vries’ future with AlphaTauri after admitting Christian Horner was right to have reservations about signing him. De Vries was signed to Red Bull’s junior team after an impressive points-scoring finish on his F1 debut at last year’s Italian Grand Prix while deputising for
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