BERLIN — BMW sales fell 13 percent in the first half of 2022 amid chip shortages and intermittent lockdowns in China. From January to June, 1.16 million BMWs, Mini and Rolls-Royces vehicles were delivered, the group said in a statement on Friday. The figure was in contrast to the first half of 2021, the strongest
Month: July 2022
Coming as the latest product in their line of non-vehicular luxury goods, Bugatti has just revealed their newest collaboration with winemaker Champagne Carbon called the EB.03 Edition, marking the third time they’ve partnered with the winemaker to commemorate different milestones in their history. The dark blue EB.01 Edition commemorated Bugatti’s 110th anniversary, the EB.02 Edition
Self-driving tech company Argo AI said it laid off about 150 employees on Thursday. In a written statement, an Argo spokesperson said the layoffs were part of “prudent adjustments to our business plan” as the company plotted for future growth. Former Argo employees who worked in the company’s human resources, recruiting, technical sourcing and communications
A robot car of the General Motors subsidiary Cruise is on a test drive in 2019. Andrej Sokolow | picture alliance | Getty Images Federal vehicle safety regulators will investigate a crash last month in which a vehicle struck a self-driving car from General Motors-backed Cruise. The incident resulted in minor injuries. The National Highway
Chinese EV startup Human Horizons has revealed more details on its second product, the HiPhi Z electric GT, which it describes as an “ultra-futuristic digital GT.” With the HiPhi Z, which was first shown in November 2021, Human Horizons says it’s out to redefine traditional grand tourers, as the EV “looks, feels, and drives like
4:28 PM ET Max Verstappen responded to Lewis Hamilton’s dig about not being a sensible driver by saying it is reassuring that even a 37 year old can learn how to take a corner properly. Hamilton battled cleanly with Charles Leclerc at the British Grand Prix and praised the Ferrari driver for being “sensible”, saying
Volkswagen Group has added a slew of additional underwriters as it pushes ahead with the planned initial public offering of its Porsche sports car unit, people with knowledge of the matter said. BNP Paribas, Deutsche Bank and Morgan Stanley were selected as senior joint bookrunners, the people said. Barclays, Banco Santander, Societe Generale and UniCredit
Reaching 272 km/h (169 mph) in a performance-focused car might be an easy task on a quiet day at the Autobahn, but we would never imagine doing that on a bicycle. Still, this is exactly what Elias Schwärzler achieved, breaking the Guinness World Record for the fastest standard bike towed by a motorbike. The mountain
Volkswagen Group has added a slew of additional underwriters as it pushes ahead with the planned initial public offering of its Porsche sports car unit, people with knowledge of the matter said. BNP Paribas, Deutsche Bank and Morgan Stanley were selected as senior joint bookrunners, the people said. Barclays, Banco Santander, Societe Generale and UniCredit
In this article TSLA F GM VOW-DE VOW3-DE An ID. Buzz photographed at a plant in Hanover, Germany, on June 16, 2022. Supply chain constraints — including those related to semiconductors — have been a major challenge for automakers in recent times. Ole Spata | Picture Alliance | Getty Images The CEO of German automotive
We love our dogs at Roadkill, but they drop like flies. Nearly two years ago, we lost Bika the Roadkill dog and in June our buddy Big Joe the Shop Dog (aka BJTSD) was hit by a car. We knew it would eventually happen, as he just wouldn’t stop chasing vehicles, and he refused to
Tim Allen has commissioned several modified cars for his massive car collection, and now there’s a chance to own one of them. Currently part of the Petersen Automotive Museum collection, this 2000 Cadillac Seville DTSi is up for sale on Cars & Bids. New for the 2000 model year, the eighth-generation DeVille was no performance
By Eric Ralph Posted on July 6, 2022 After years of development and delays, South Korea has completed its first deep space spacecraft and sent it on its way to the United States. Once it arrives in Florida, the Korean Pathfinder Lunar Orbiter (KPLO) – recently christened “Danuri” – will begin final preparations for its
Vietnamese automaker VinFast is opening its first U.S. showrooms in California shopping centers next week on its way to 30 company-run retail locations in the state by year end. VinFast has chosen Santa Monica, San Diego, San Mateo, Corte Madera, Commerce and Berkeley for its first six showrooms, the company said in an email invitation
7:40 AM ET Red Bull has clarified that Juri Vips has lost his test and reserve driver roles with its Formula One team but remains part of the driver programme despite using a racial slur on a livestream last month. Vips’ contract for those roles was terminated on June 28 after a week-long investigation into
Vietnamese automaker VinFast, which expects to launch two electric vehicles in the U.S. market this year, is partnering with Taiwanese battery startup ProLogium Technology on solid-state EV batteries for delivery as early as 2024, VinFast said in a statement. VinFast, through parent company Vingroup, is investing “tens of millions of U.S. dollars” in ProLogium to
BEIJING — China has announced a raft of new steps to spur consumer demand for cars, saying it would consider extending a tax break for electric vehicles and outlining plans to build more charging stations and encourage lower charging fees. The plans were announced by the Ministry of Commerce on Thursday as part of a
The long-wheelbase Volkswagen ID. Buzz won’t arrive in the United States until 2024, but that hasn’t stopped the company from unveiling a new short-wheelbase variant. Of course, short is an understatement as we’re talking about the Tiny Buzz, which is a soccer / football delivery vehicle that made its debut at the UEFA Women’s Euro
A survey from Consumer Reports shows interest in electric vehicles and low-carbon fuels continues to be strong, but help from policymakers and automakers is crucial. “Automakers need to make more classes of electric vehicles. Not just sedans; we need a whole breadth because people have different needs,” said Quinta Warren, Consumer Reports’ sustainability policy team
In this article GM WUHAN, CHINA – 2022/05/18: Employees wearing masks work on a car assembly line at the SAIC General Motors Co. The SAIC General Motors Wuhan Branch has resumed production following epidemic prevention and control rules. (Photo by Ren Yong/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images DETROIT –
Ahead of its official release in China, XPeng Motors has posted a teaser video showcasing the engineering (beta) version of its City Navigation Guided Pilot (NGP). The one-take video shows XPeng’s P5 sedan driving autonomously from XPeng HQ in Guangzhou to the city center, demonstrating a number of ADAS functions. If and when it reaches
Volkswagen of America’s head of marketing, Kimberley Gardiner, is leaving the automaker after less than two years on the job, VW dealers were told Wednesday. Gardiner, 54, one of Automotive News’ 100 Leading Women in the North American Auto Industry in 2020, was hired away from Mitsubishi Motors North America in November 2020 as VW’s
4:09 PM ET Associated Press NASCAR on Wednesday penalized Noah Gragson for a deliberate and dangerous crash he caused in the Xfinity Series race at Road America. Gragson, who turns 24 later this month, was docked 30 points and fined $35,000 by NASCAR for intentionally crashing into Sage Karam on Saturday at the road course
What kind of vehicle is the 2023 Rivian R1S? What does it compare to? A three-row electric SUV, the Rivian R1S is a look at the future of the family vehicle. It sports mid-size proportions and comes outfitted as an all-wheel-drive adventure vehicle along the lines of the Jeep Grand Cherokee and Land Rover Range
Vietnamese automaker VinFast, which expects to launch two electric vehicles in the U.S. market this year, is partnering with Taiwanese battery startup ProLogium Technology on solid-state EV batteries for delivery as early as 2024, VinFast said in a statement. VinFast, through parent company Vingroup, is investing “tens of millions of U.S. dollars” in ProLogium to
Germany needs more foreign workers and more efficient policies to integrate them into the labor market if the country is to keep its social security systems from collapsing in the future, Continental said. “The impact of demographic change, decarbonization and digitalization is huge,” Ariane Reinhart, the board member at the supplier responsible for human relations
Mecum will place under the hammer not one, not two, but three prototypes for the Ferrari LaFerrari at its auction coinciding with August’s 2022 Monterey Car Week. Prototypes are typically destroyed after they’ve fulfilled their purpose but it appears Ferrari sells them on from time to time. In most cases, registering them for road use
In 2018, Elon Musk shared the agony of having his infant son die in his arms while consoling a father who lost his teenager to a fiery crash in a Tesla Model S. Now, Tesla Inc. is trying to undermine James Riley’s claim that it played a role in his son’s death, as the world’s
In this article 7203.T-JP A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phase out of U.S. tax credits of up to $7,500 for people who buy the cars. The
When damage to an electric vehicle’s battery pack occurs, and by damage we mean penetration by an object that manages to puncture all the way through to the cells, essentially exposing the lithium to the atmosphere, then you can expect a fire. And since virtually all EV have their batteries quite vulnerably placed in the