Month: July 2022

Lamborghini never competed in motorsports for most of its history, primarily due to the wishes of company founder Feruccio Lamborghini but also for practical reasons, like limited funds. The situation finally changed early last decade when Lamborghini established its own motorsports division, Squadra Corse, and started competing in GT competition. Now it’s on the verge
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12:48 PM ET Fernando Alonso (L) won the 2010 Bahrain Grand Prix with Ferrari, while ex-McLaren teammate Lewis Hamilton came third. Paul Gilham/Getty Images LE CASTELLET, France — Ahead of his 300th Formula One race, Lewis Hamilton has named his former McLaren teammate Fernando Alonso as the toughest competitor of his career. In Sunday’s French Grand
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What kind of vehicle is the 2023 GMC Yukon? What does it compare to? The 2023 GMC Yukon is a full-size SUV available in standard and extra-long Yukon XL guise, with a lineup that includes the off-roady AT4 trim and the ritzy Denali edition. The Yukon rivals the Ford Expedition and Lincoln Navigator, plus its
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By Joey Klender Posted on July 20, 2022 The United States Postal Service announced today that it would increase the concentration of battery electric vehicles that would make up the 165,000 new vehicles it plans to purchase as a part of its plan to modernize the mail fleet. Previous projections placed the USPS’s order concentration
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Stellantis NV is planning to lay off 40 workers at its Warren Stamping Plant, effective Monday — the latest in a series of local cuts. The layoffs include 28 production workers and 12 skilled trades workers, according to a United Auto Workers Local 869 memo posted on Facebook. The Detroit News first reported the layoffs.
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Buying your first car is a big deal, but sometimes it’s not a smooth process. That’s especially true these days thanks to skyrocketing inflation and low inventory levels. However, TikTok’s Summar Marie faced an entirely different set of issues. In a clip noticed by Tire Meets Road, a Sunridge Nissan salesperson makes an over-the-top announcement
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Tesla Inc. reported higher-than-expected quarterly profits as a string of price increases on its best-selling electric vehicles helped offset production challenges caused by COVID-19 lockdowns in China. “With each of the Fremont and Shanghai factories achieving their highest-ever production months and new factory growth, we are focused on a record-breaking second half of 2022,” Tesla
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In this article TSLA Tesla reported earnings after the bell, and the results sent the stock up slightly after hours. Earnings per share (EPS): $2.27 (adjusted) vs $1.81 expected, according to Refinitiv Revenue: $16.93 billion, vs. $17.1 billion expected, according to Refinitiv Automotive gross margin came in at 27.9%, down from 32.9% last quarter and
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What kind of vehicle is the 2023 Chevrolet Equinox? What does it compare to? With the Equinox, Chevy has a compact crossover vehicle that can seat five. It’s a rival for vehicles such as the Toyota RAV4, Honda CR-V, and Nissan Rogue. Is the 2023 Chevrolet Equinox a good SUV? Review continues below While it
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With nagging driver shortages and a dramatic increase in home delivery, commercial trucking and logistics are key and potentially lucrative applications for autonomous-vehicle technology. But first, AV developers must prove to freight companies, government regulators and the public that their self-driving technology is fail safe. What happens if something goes wrong with a self-driving big
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MADRID — Spain has signed a partnership agreement with Chinese green energy company Envision Group to embark on four projects, including an EV battery plant, with 3.8 billion euros ($3.9 billion) in total investment, partly funded by European Union aid. Jose Dominguez, head of Envision Spain, was quoted in a statement from the Spanish government
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With competition increasing, electrification coming and Aston Martin moving into new segments, the British ultraluxury brand is rolling out a new global marketing campaign centered around the words “Intensity. Driven.” And, for just the eighth time in Aston’s 109-year history, the company’s famous winged logo is slated for an update. It’s all part of an
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8:12 AM ET Nicholas Latifi will have the same performance upgrades on his car as his Williams Formula One teammate Alex Albon at this weekend’s French Grand Prix. The team said on Tuesday it now had parts for both cars after Albon tried them out in Britain and Austria. 1 Related “Although the weather in
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Volkswagen Group of America CEO Scott Keogh will leave the brand and take over as the first CEO of the German automaker’s new Scout electric vehicle brand. Pablo Di Si, who has headed VW’s South American region, becomes CEO of Volkswagen Group of America and CEO of Volkswagen North American Region. Keogh, 53, has been
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The UAW’s court-appointed monitor on Tuesday said union leaders have been so uncooperative in efforts to root out corruption — including in 19 open investigations — that Department of Justice officials in March were called in to intervene over potential violations of the union‘s consent decree. A new report by the office of Montior Neil
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