Month: June 2022

Bruton Smith, a pioneer-turned-titan in both auto retailing and motorsports, leveraged small roles selling cars and promoting dirt-track races as a youth to create two moneymaking business giants. Smith, founder of Sonic Automotive Inc., NASCAR Hall of Famer, racetrack owner and philanthropist, died Wednesday, June 22, at 95. Smith launched Sonic, of Charlotte, N.C., as
0 Comments
In this article TWLO YELP Susan Wojcicki, CEO of YouTube addresses delegates of the World Economic Forum (WEF) in Davos, Switzerland May 24, 2022.  Arnd Wiegmann | Reuters Salesforce CEO Marc Benioff, Microsoft co-founder Bill Gates, and departing Meta COO Sheryl Sandberg were among noteworthy tech executives speaking out publicly on Friday’s Supreme Court ruling which
0 Comments
4:46 AM ET The city of Madrid has officially expressed an interest in hosting a Formula One race, the city’s regional government announced on Thursday. Although Spain already hosts a race in Barcelona, which has a contract until 2026, and the lack of F1-grade tracks in Madrid, the Spanish capital’s local government believe it can
0 Comments
Marelli, the supplier owned by KKR & Co., will enter court-led rehabilitation after failing to complete an alternative dispute resolution process in Japan that lets a company under financial strain continue to operate while renegotiating its debt with creditors. Hiroshi Watanabe, a spokesman for Saitama, Japan-based Marelli, confirmed the outcome after a creditors meeting Friday.
0 Comments
Tesla has relaunched its Enhanced Autopilot option and pulled almost all the features from its Full Self-Driving (FSD) package in the process. Over the years, Tesla has changed its Autopilot options and pricing so many times, it has been hard to follow. Finally, the automaker ended up making the Autopilot’s Autosteer and Traffic-Aware Cruise Control standard on
0 Comments
What is the Ford Mustang Dark Horse? On Thursday, CarBuzz spotted a trademark filing with the European Union Intellectual Property Office for the Mustang Dark Horse name. Trademark filing 018721280 is for the use of “Mustang Dark Horse” for four-wheeled land vehicles namely electric cars, sport utility passenger automobiles, none of the foregoing including motorcycles,
0 Comments
9:05 AM ET Associated Press McLaren isn’t done with Felix Rosenqvist and on Thursday signed the Swedish driver to a multiyear contract extension. The team just didn’t designate where Rosenqvist will drive. Rosenqvist could be shifted to McLaren’s new Formula E program when it launches in 2023, the team indicated. “McLaren Racing is currently in
0 Comments
General Motors is aiming to simplify the EV charging experience by allowing drivers to plug in and automatically charge their vehicles when using charge points on the Ultium 360 network, rather than rely on a mobile app to set up and pay for charging. GM will launch the plug-and-charge service Thursday with EVgo. After drivers
0 Comments
Polestar and Gores Guggenheim said Thursday that they had they completed their merger, raising approximately $890 million in gross proceeds for the EV maker. This includes approximately $640 million from Gores Guggenheim, a special purchase acquisition fund (SPAC) with the remaining $250 million coming from top-tier institutional investors, Polestar said in a release. Gores Guggenheim’s listing under
0 Comments
China’s chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components. Nineteen of the world’s 20 fastest-growing chip industry firms over the past four quarters, on average, hail from the world’s No. 2 economy, according to data
0 Comments
Dodge says it’s going to be an electric summer. The Stellantis performance brand plans to preview future products in August during what it calls Speed Week. It kicks off Aug. 12 with a press preview for the MotorTrend Presents Roadkill Nights Powered by Dodge event that takes place the next day. Roadkill Nights spotlights muscle
0 Comments
11:31 AM ET Associated Press CHARLOTTE, N.C. — From Italy to Iowa to the simulator and finally the Finger Lakes, there’s been no rest for Jimmie Johnson. He heads this weekend to Watkins Glen for one of this final two scheduled appearances in the IMSA sports car. Then he’ll turn his attention to planning his
0 Comments