Month: June 2022

3:54 PM ET Associated Press ELKHART LAKE, Wis. — Josef Newgarden earned a $1 million bonus on Sunday for winning at Road America, where his third win of the season completed a trifecta of victories on IndyCar’s different circuits. Newgarden won on the oval at Texas and the street course in Long Beach this season,
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SEOUL — Production at Hyundai’s biggest factory complex fell by half on Thursday because of component shortages caused by a truckers’ strike in South Korea, a union official at the automaker said. The automaker’s Ulsan plants operated at about 50 percent to 60 percent of capacity due to parts procurement issues caused by the strike.
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Russia’s Industry Ministry expects car sales to halve in 2022 as the country’s automobile industry grapples with supply issues, a senior official said. “We saw a sharp fall (in car sales) in April and May,” Tigran Parsadanyan, deputy head of the ministry’s automotive and railway engineering department, said on Thursday. “We expect that some 750,000
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When Ted Ings got his start as a salesman at Fette Ford in Clifton, N.J., in 1981, there was no Internet. Today, he hosts one of the longest-running fixed ops podcasts. “We’re in the automotive business,” Ings says. “We need to pivot and adjust.” Ings’ “Fixed Ops Roundtable” podcast posts every Monday and covers topics
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11:19 PM ET Associated Press SONOMA, Calif. — Although Kyle Busch is the winningest driver in NASCAR Truck Series history, he was down to his final chance to extend his decade-long streak of annual victories on the circuit. To absolutely nobody’s surprise, Busch ended up raising a celebratory glass in wine country. Busch emphatically hung
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Ferrari plans to significantly expand its factory in northern Italy as part of the electrification strategy it will unveil during a highly anticipated briefing next week, according to people familiar with the matter. The automaker has snapped up space near its Maranello plant and started clearing the way for a third production line that will
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DETROIT — General Motors has dropped a four-year degree requirement for many jobs, opting for a skills-based, people-focused hiring process instead. “From a soft skills perspective, we really needed people who can connect with people,” said Tammy Golden, GM’s executive director of diversity, equity and inclusion and head of the automaker’s work force strategy. “When
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12:24 PM ET Seven-times world champion Lewis Hamilton on Friday said he would not appear in a film starring Brad Pitt based on Formula One that the Mercedes racer is co-producing as he does not want it to flop. Apple TV earlier this week said its studio arm had landed the rights to the feature
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Volkswagen Group will sell its first electric car, the ID4 SUV, in India in limited quantities next year as the South Asian nation pushes for faster adoption of cleaner vehicles. The automaker will begin testing the ID4 around September for its technical capabilities and if any adaptations are needed for local weather conditions, Ashish Gupta,
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4:11 PM ET Associated Press Simona de Silvestro finished second at the Houston Grand Prix, the third-to-last race of the 2013 IndyCar season, and then stormed into the KV Racing truck to confront the owners. “Me! You need to hire me!” the Swiss racer told her bosses. They were seeking a replacement for Indianapolis 500
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