3:50 PM ET Associated Press Rinus VeeKay led an upset in IndyCar qualifying to position himself to race for the win at Barber Motorsports Park. The Dutchman was the surprise pole winner for Sunday’s race following a qualifying session that saw most of IndyCar’s top names fail to advance through the rounds. Alexander Rossi and
Month: April 2022
The Mercedes-Benz C-Class was redesigned for 2022, and this week we got our first look at the first of two planned AMG versions. The car is the new C 43, which as expected has downsized from a 6- to a 4-cylinder engine. 2022 Genesis G80 Sport Buyers after a bigger sport sedan should take a
There are few things more fun than hitting the water with your friends on Sunday afternoon, a cooler full of cold brewskies and a smile on everyone’s faces. But then again, few things can bring the floating party to an end quicker than the sound of a sputtering outboard engine as you hand out paddles
BERLIN — As Germany speeds up investment in renewables, the energy consumption of its automakers reveals just how reliant the country’s most important industry is on fossil fuels, a Reuters analysis of environmental data shows. Their dependence lays bare the hurdles automakers face in transforming their own energy consumption while moving the transport sector, responsible
Leaders at Colorado’s Phil Long Dealerships have seen consumer interest in electric vehicles grow and know the forecast from automakers is for many more EVs well into the future. So they opted to convert a vacant site in Colorado Springs, Colo., near several of the group’s franchised dealerships, into a used-vehicle-only dealership focused exclusively on
DETROIT — Interstate 94 between Detroit and Ann Arbor could in the coming few years become the first major artery in Michigan designed for autonomous vehicles zipping up and down the road. Cavnue LLC, which is focused on designing roads for the future, was tapped by state officials in August 2020 to develop a “first-of-its-kind
In this article F Ford Motor Company world headquarters, Dearborn, Michigan on January 19, 2021. Aaron J. Thornton | Getty Images After several setbacks and delays due to the Covid-19 pandemic, Ford Motor Co. finally started to welcome its salaried workforce back to its offices earlier this month. It also came alongside a significant shift
The Albuquerque Police Department has released terrifying footage of the moment the speeding driver of a Ford Mustang T-boned a fully-loaded school bus in late February. Mario Perez, 49, was driving a white Mustang at more than 100 mph (161 km/h) at the time, allegedly while in a race with a blue Mustang that fled
Ukraine has set up new medical clinics to serve two of the small towns to the north of Kyiv, Borodyanka and Irpin, both of which have been heavily affected by the war. Now the country’s Deputy Prime Minister and Minister of Digital Transformation, Mykhailo Fedorov, has confirmed that both will be equipped with Tesla Powerwalls
Mercedes-Benz is looking at energy alternatives should Russia cut gas deliveries and is working closely with German authorities to ensure energy supplies. “Every company is looking at options for diversifying energy sources,” CEO Ola Kaellenius told Reuters TV ahead of the company’s annual meeting on Friday. “It is still too early to say exactly which
DETROIT — Ford Motor Co. believes its newest product, the F-150 Lightning, can be transformational. But the automaker still has plenty of work ahead to realize the battery-powered pickup’s potential and become the industry-leading electric-vehicle purveyor that CEO Jim Farley envisions. Ford’s first-quarter earnings were down year-over-year — even setting aside a $5.4 billion loss
All-time-high interest in electric vehicles might not translate into as many sales as automakers and regulators would like in the short and medium term, as supply chain snags are likely to prevent the industry from catching up with growing demand. Automakers and governments have set ambitious targets for EV expansion. Legacy automakers have rolled out
In this article TSLA Elon Musk, founder of SpaceX and chief executive officer of Tesla, waves while arriving to a discussion at the Satellite 2020 Conference in Washington, D.C., on Monday, March 9, 2020. Andrew Harrer | Bloomberg | Getty Images Elon Musk sold roughly $4 billion worth of Tesla shares in the days following
Facebook Marketplace has shaken up the used car market as people can list their vehicles for free and instantly be contacted by interested buyers. This has made the platform popular with buyers and sellers alike, although sellers should exercise plenty of caution as they’ll be meeting strangers from the internet. One seller didn’t take that
Can a bunch of college students solve some of the most vexing automotive engineering challenges facing the industry? Over the next four years, 15 universities across North America will be competing to engineer the most efficient battery-electric vehicles possible while combining connected and autonomous tech — and keeping them fun to drive for consumers. The
6:28 AM ET All-electric racing series Formula E has launched a new net carbon zero car to compete its 2022-23 season. The triangle-shaped ‘gen 3’ car will increase the top speed of Formula E’s racers to 200 m/ph (320 km/h). It will feature two different powertrains, one at the front and one at the rear,
The electric Chevrolet Corvette became more than a myth, we drove the 2022 Genesis G80 Sport, and Acura announced 2023 Integra prices. It’s the Week in Reverse, right here at Motor Authority. GM President Mark Reuss confirmed an electric Chevrolet Corvette is in the works. The executive noted that before the icon goes electric a
By Joey Klender Posted on April 29, 2022 Tesla CEO Elon Musk sold $8.5 billion worth of his electric automotive company’s stock following his acquisition of social media platform Twitter this week. Filings with the Securities and Exchange Commission reveal Musk sold around $3.3 billion worth of Tesla stock on Tuesday and another $654 million
PARIS — Plastic Omnium has agreed to buy the European and North American lighting units of Varroc Engineering, a Tier 1 Indian supplier, for 600 million euros ($634 million). The French supplier said Friday that it will create a new lighting business unit with expected revenue of 1 billion euros, including sales from Osram Automotive Lighting
Carvana Inc.’s shares are losing almost all of their pandemic-fueled gains as investor enthusiasm for the company sours amid growing concerns about the impact of higher inflation and rising borrowing costs. Since touching a stay-at-home fueled high in August, shares in the online platform for buying used cars have fallen 83 percent. This week alone
BEIJING/SHANGHAI – Baidu and Pony.ai said on Thursday they had received permits to deploy robotaxis without humans in the driver seat on open Chinese roads for the first time, in another instance of Beijing’s support for the autonomous-driving sector. The permits are the latest set of approvals the municipal government has handed out over the
In this article GM VOW3-DE In 2021, Volvo Cars said it planned to become a “fully electric car company” by the year 2030, a move which will require it to have a consistent and secure supply of batteries for its vehicles. Peerapon Boonyakiat /SOPA Images | LightRocket | Getty Images The new CEO and president
Driving a school bus can be a stressful task, since you have to make sure you always arrive on time, drive safely and stick to specific routes. A school bus driver from Southfield, Michigan took the last rule very far and drove through a construction site. The incident was caught on video by one of
3:26 PM ET Formula One teams agreed to double the number of sprint races to six in 2023 in a meeting on Tuesday, but formal approval was stalled by the FIA who called for a further evaluation. The world governing body said in a statement that the proposal was to use the same format as
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U.S. Senator Marco Rubio is seeking information from Volkswagen Group about a pair of planned joint ventures with companies accused of having a record of alleged human rights violations such as forced labor and human trafficking. The Republican party member, who is known for his hawkish stance on China, wants VW to explain its decision
Getty Images Tesla says it delivered a record number of its cars in the first quarter, despite supply chain challenges. The electric carmaker says it delivered more than 310,000 vehicles in the first three months of this year. That was almost 70% higher than for the same time last year. Chief executive Elon Musk says
Asbury Automotive Group Inc. now seeks to produce $32 billion in revenue by 2025 — including $6.2 billion that would come from buying more companies. The revised 2025 revenue target announced Thursday is 60 percent higher than the $20 billion goal the public dealership group had set for the same timetable in December 2020. Asbury,
Hertz Global Holdings Inc. said first-quarter revenue of $1.8 billion was up 57 percent from a year ago, excluding the Donlen fleet management business sold last year. The company’s adjusted earnings before interest, taxes, depreciation and amortization rose from about breakeven to $614 million, while its average global revenue per day soared 28 percent to
R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup and all-electric R1S SUV at Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Amazon invested in electric vehicle maker Rivian in 2019 as part of a plan to go green. During the first quarter, it saw nothing
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