PARIS — President Emmanuel Macron of France and his far-right challenger, Marine Le Pen, called the pay package of Stellantis CEO Carlos Tavares “shocking,” as executive pay becomes a hot topic in a tight presidential race focusing on economic issues. Just nine days ahead of a runoff that will determine who will lead the European
Month: April 2022
6:35 PM ET Associated Press LONG BEACH, Calif. — Alex Zanardi has been invited back to the Long Beach Grand Prix time and time again in any official race role he wanted. The Italian was informed he would be inducted into the Walk of Fame, but Zanardi was always too busy. Training for the Paralympics,
The wait time for a new Lamborghini SUV or super-car is now over 12 months, as demand from wealthy car lovers shows little sign of slowing, the automaker’s chief executive told CNBC on Wednesday. Despite volatile stock markets and growing economic uncertainty, demand for Lamborghini’s is “as high as ever,” said Stephan Winkelmann, Lamborghini’s CEO.
Ahhh, the Holley 4150. Released in the late ’50s, it has been the gold standard for performance carburetion ever since. Seemingly everyone has one, but do you really know how to tune one? Stream Engine Masters Presented by Amsoil NOW on MotorTrend+ ➡️ https://motortrend.app.link/ksohsnr3tob MotorTrend is the ultimate streaming destination for gearheads coupled with the
Land Rover’s Range Rover Velar enters the 2023 model year with a new HST grade sitting at the top of the range. The new grade, which was previously offered on the Range Rover Sport and Range Rover Evoque, couples a number of popular options with curated design touches and chassis upgrades. The HST builds on
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A self-driving version of the Volkswagen ID Buzz navigated real traffic conditions in Germany for the first time as Europe’s biggest automaker takes its autonomous-driving technology to public roads amid a push to lead on software. VW Group CEO Herbert Diess sat in the back seat of an ID Buzz prototype fitted with autonomous-driving tech
12:37 PM ET Formula One’s governing body defended the Aston Martin safety car on Thursday, reminding drivers that its top speed was of secondary importance, after world champion Max Verstappen compared it to a turtle. Aston Martin and Mercedes both provide safety and medical cars for grands prix, with the championship divided between the two
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EV startup Rivian Automotive has named its first chief sustainability officer, Anisa Kamadoli Costa, who will oversee the automaker’s climate goals, including carbon neutrality in its own operations by 2028. Costa most recently held the position of chief sustainability officer at Tiffany & Co. and served as president of the Tiffany & Co. Foundation, Rivian
China’s automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China’s exports overall, Bernstein analysts found. Yi Fan | Visual China Group | Getty Images BEIJING — China’s latest Covid lockdowns are a greater risk for global inflation today than they were in 2020, Bernstein analysts said.
Volkswagen has recently announced its plan to increase the possible achievable range of its MEB platform to 700 km or 435 miles. This will likely impact upcoming models that have not yet been launched, but it could also increase the range of its existing models, either as a standalone upgrade, or as part of a
Porsche deliveries fell during the first quarter after outbreaks of coronavirus in China shut dealerships and a number of vehicles were lost at sea when a cargo ship caught fire and sank. The Volkswagen Group brand’s shipments dropped 5 percent to 68,426 vehicles globally during the first three months of the year after significant declines
To James Stephens, using dry-erase whiteboards and lifeless posters taped to walls to promote fixed ops services is so yesterday. “A lot of what you see inside dealerships today is very outdated,” says the fixed ops director at Nashville-based Beaman Automotive Group, part of Hudson Automotive Group. But that’s not the case at the four
6:59 AM ET The Haas Formula One team has rejected former title sponsor Uralkali’s demand for a refund of $13 million and asked for compensation from the Russian company, according to a report by Motorsport.com. Haas split from Dmitry Mazepin’s company Uralkali and dropped his son Nikita as driver several weeks after Russia’s military invasion
What kind of vehicle is the 2023 Hyundai Palisade? What does it compare to? Hyundai’s largest vehicle, the 2023 Palisade gets its first major update since its winning launch into the three-row SUV segment in 2020. It competes against the Kia Telluride, Honda Pilot, Toyota Highlander, Ford Explorer and many, many other three-row family vehicles,
A pair of damaged 2022 Chevrolet Corvette Stingray models have hit Copart and unless someone is willing to repair them, they may never hit the road again. The first of the pair is a flagship 3LT variant finished in Caffeine Metallic, a new color that Chevrolet introduced for the 2022 model year. The car is
DETROIT — GMC‘s next-generation Canyon will include high-end features and off-road capability as the brand adds its new AT4X trim to the midsize pickup. GMC teased the updated Canyon on Thursday, ahead of a full reveal this summer. The Canyon will be the second GMC nameplate to add the AT4X trim, which was introduced on
In February 2020, Nio got a lifeline of financing support led by the government of Hefei city, where the electric car start-up has established its China headquarters. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese electric car company Nio said Thursday it is gradually resuming production at a facility several hours’ drive west
It can launch to 60 mph in 4.4 seconds, carry seven passengers in comfort, tromp up and down steep grades, crawl over rocks, and even tackle a twisty road competently. All the while it wraps occupants in a cocoon of modern luxury. It’s the 2022 Land Rover Range Rover, and it’s here to remind the
By Maria Merano Posted on April 13, 2022 Volkswagen Germany launched online sales for its all-electric ID.4 and ID.5 models for local customers. Online sales for the ID.3 will soon follow. “Surveys show that around two-thirds of our customers also want to be able to purchase our vehicles online. We’re now addressing that wish. Our
FRANKFORT, Kentucky, USA — Envision AESC of Japan is staking a claim on the expanding American electric vehicle market with a $2 billion investment in a massive new battery cell and module plant in Bowling Green, Kentucky. The plant will supply Mercedes-Benz‘s newly launched EV production line in Vance, Alabama, 300 miles (483 km) away.
DETROIT — Ford Motor Co. will launch its F-150 Lightning electric pickup April 26, CEO Jim Farley said Wednesday on Twitter. The automaker plans an event that day at the Rouge Electric Vehicle Center in Michigan to celebrate the official start of production and first customer deliveries, which are expected soon afterward. “We will be
11:46 AM ET Monaco is still discussing a new contract with Formula One but the future of the showcase race beyond this year is assured, according to the head of organisers the Automobile Club de Monaco (ACM). ACM president Michel Boeri hit back at media reports that Monaco was in danger of dropping off the
What kind of vehicle is the 2023 Kia Niro? What does it compare to? The redesigned 2023 Kia Niro is a hatchback marketed as a small crossover that seats five in a pinch. Sold as a hybrid, plug-in hybrid, or battery electric vehicle, the Niro offers an efficient powertrain for customers all along the green
The driver of a white Tesla Model 3 had a very close call last weekend after coming within feet of driving into the Dana Point Harbor in Orange County, California. The Orange County Sheriff’s Department stated on social media that the driver of the Model 3 accidentally accelerated rather than applying the brakes when parking
Stellantis CEO Carlos Tavares on Wednesday took a bullish stance on the U.S. market despite rising fears of a downturn. Speaking at the automaker’s annual shareholders’ meeting, Tavares said Stellantis was confirming its forecast for double-digit operating income margin this year, and added that expected sales in North America, especially in its highly profitable U.S.
Vietnamese electric automaker VinFast set pricing for a battery-lease program and introduced a partnership with Electrify America for fast-charging on its national network. VinFast, which started making gasoline cars in 2019 and delivered its first EV last year, is showing three electric crossovers at the New York auto show. The automaker is targeting initial sales
2023 Kia Telluride Kia Kia on Wednesday unveiled its new lineup of Niro hybrid and EV crossovers as well as updates to its extremely popular Telluride SUV. Both nameplates are important to the automaker in different ways. The Telluride has been a surprise sales success for the company, while the new Niro models come as
Personal vehicles such as bicycles, e-bikes, e-scooters, and motorcycles have skyrocketed in popularity in the US over the last few years due to their efficiency and effectiveness compared to cars. But a six-year study by UCLA shows that these light vehicles account for a higher proportion of injuries. The study, conducted across 180 UCLA outpatient
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