In this article F Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of raw materials for the company’s electric vehicles to ease in the near future, marking the
Month: August 2022
Spend the day with Mr. Hot Wheels, Larry Wood also known as Elwood (like his initials L. Wood). Wood has designed Hot Wheels since 1969 and still consults on designs today. He has designed some of the most famous Hot Wheels ever, including the 1949 Mercury, the Boyd Coddington collector set, and the Ramblin’ Wagon.
Lamborghini is working on a mid-cycle update for the Urus, and to build excitement the automaker took a production-ready prototype to the summit of Colorado’s Pikes Peak. With Pirelli test driver and hill climb expert Simone Faggioli behind the wheel, the camouflaged Urus managed to climb the mountain’s 14,115 feet in a time of 10:32.064.
Lana Payne has been elected as the new national president of Unifor, taking over the role five months after longtime leader Jerry Dias abruptly retired as head of Canada’s largest private sector union. About 1,000 Unifor delegates, voting on behalf of locals across Canada, cast ballots at the union’s constitutional convention in Toronto Wednesday. Payne,
Fluxfactory | E+ | Getty Images Travelers saw prices fall for big-ticket pieces of their vacation budgets in July, offering at least a temporary reprieve after soaring costs earlier this year. Airfares fell nearly 8% from June to July, while prices for rental cars and lodging like hotels declined 9.5% and about 3%, respectively, according
11:28 AM ET Hazel Southwell Jamie Chadwick is well on her way to winning her third W Series championship in 2022. Clive Rose/Getty Images Sometimes, in the cutthroat world of junior series driving, careers putter out long before they should. That’s especially for women, who often work with lower budgets and fewer opportunities than men in
REDWOOD CITY, Calif. — Automotive sensor startup Compound Eye has unveiled a VIDAS development kit, allowing automakers and suppliers to test the system that creates lidarlike imaging for less cost. Compound Eye designed VIDAS, which stands for visual inertial distributed aperture system, to work with the cameras automakers are adding to light vehicles with advanced
By Joey Klender Posted on August 10, 2022 Tesla’s Full Self-Driving suite faces yet another critic in Ralph Nader, an Independent political activist who ran for President on four occasions. Nader released a statement on Wednesday, calling for federal regulators to “act immediately to prevent the growing deaths and injuries from Tesla manslaughtering crashes with
Nikola Corp. said Michael Lohscheller will take over as the electric-truck maker’s CEO when Mark Russell retires on Jan. 1. Lohscheller will assume Russell’s president title and will join the Nikola board effective immediately. He will become CEO on Russell’s retirement, the company said on Wednesday. Russell joined Nikola as president in 2019 and became
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DETROIT — General Motors has begun requiring all Buick and GMC buyers to pay $1,500 for a subscription service that previously had been optional. The mandatory upcharge provides a three-year subscription to OnStar, GM’s long-standing in-vehicle safety, security and connectivity service. It’s included in the manufacturer’s suggested retail price of all Buicks and GMCs ordered
NEW YORK, NEW YORK – MAY 02: Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Dimitrios Kambouris/Getty Images for The Met Museum/Vogue) Dimitrios Kambouris | Getty Images Entertainment | Getty Images Tesla CEO
10:37 AM ET Lewis Hamilton has said that he could continue to race beyond 2023 and has added that he is “still on the mission” in Formula One. Hamilton’s contract with Mercedes expires next year and the 37-year-old sits sixth in the championship standings after a challenging season, 112 points behind leader Max Verstappen. 1
Ford Motor Co. is increasing the starting price of the F-150 Lightning electric pickup $6,000 to $8,500 across all trims because of rising material costs as it reopens order banks for current reservation holders. The entry-level Pro trim gets the biggest percentage price hike, up about 17 percent to $48,769, including a $1,795 shipping fee.
TOKYO — Straining under a pile of back orders, Honda says its top priority is getting cars to U.S. customers rather than worrying about recession talk or more stringent electric vehicle credits. Many uncertainties still loom over the auto sector, Honda Chief Financial Officer Kohei Takeuchi said. Risks include rising inflation and interest rates in
Wing Bikes has now launched and begun deliveries of its latest electric bike model, the Freedom ST. As a step-through e-bike, the Freedom ST is designed to offer similar performance to what we’ve come to know from Wing Bikes, yet with a much more accessible frame design. These step-through frame designs have become quite popular
The 2023 Ford F-150 Lightning gets a range boost for a second model year, but also a big price increase. Ford revealed Tuesday that it’s raising the base price by $7,000. EPA-estimated range for the fleet-oriented F-150 Lightning Pro increases from 230 miles to 240 miles with the standard 98-kwh battery pack, while the price
We love driving golf carts along pristine fairways as much as anyone but one woman in Florida appears to have missed the memo that they should be driven on golf courses, not on public roads. Earlier this month, police in Brevard County, Florida arrested 58-year-old Diane Hawk after she was stopped while driving a golf
Online used-vehicle retailer Shift Technologies Inc. said Tuesday it plans to combine with CarLotz, a used-vehicle consignment company, in a stock-for-stock merger. The companies cited “complementary geographies” as a reason for the planned merger. CarLotz aims to use Shift’s proprietary inventory acquisition software and at-home delivery offering to help obtain “differentiated inventory” and to expand
Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – Ford Motor on Tuesday said it is increasing the starting prices of its electric F-150 Lightning pickup due to “significant material cost increases and other factors.” The Detroit automaker said the price increases – between
Sonic Automotive Inc.’s fast-growing used vehicle unit EchoPark Automotive has named VaynerMedia as its first agency of record, following a pitch process that began in March. EchoPark, which launched in 2014, said now that it has firmly established its infrastructure and expanded its footprint, the goal is to invest in marketing to build the brand
4:33 PM ET Associated Press The strange motorsports silly season has knocked IndyCar driver Felix Rosenqvist into limbo, with the Swede now desperately trying to hold onto his current seat and avoid being shipped to McLaren Racing’s new Formula E team. McLaren and Rosenqvist said in June they’d agreed to a deal in which Rosenqvist
What kind of vehicle is the 2023 Chevrolet Silverado 2500HD? What does it compare to? The full-size, heavy-duty 2023 Chevrolet Silverado 2500 and 3500HD are worth shopping against the Ford F-Series Super Duty and heavy duty trucks from Ram HD, as well as the related GMC Sierra 2500HD. Is the 2023 Chevrolet Silverado 2500HD a
General Motors has accelerated development of its electric vehicles to get them to the market faster. Scaling production to improve EV profits comes next. “A vehicle is coming to market much, much sooner than it otherwise would. That’s a good thing,” CFO Paul Jacobson said Tuesday at the J.P. Morgan Auto Conference. “Unfortunately, the production
China’s Great Wall, one of the country’s six largest automakers, has entered a strategic partnership with Europe’s largest car dealer group, Emil Frey, to distribute the Ora and Wey brands. The automaker announced its move into Europe at the IAA in Munich last year and has since been preparing its entry into Germany, its first
Tesla may have moved its headquarters to Austin, Texas, but California remains by far its biggest sales market in the United States. While that’s hardly a surprise seeing as The Golden State is the country’s largest car market and home to more that 40% of America’s entire electric vehicle fleet, Tesla’s dominance of California’s overall
The driver of a Tesla Model X in China has had his license revoked after crashing the electric SUV in a park in Hangzhou, Zhejiang Province. Local media report states the driver of the Model X had just finished a dinner where he had been drinking alcohol and decided that he shouldn’t drive home. Instead,
Vroom Inc. said Monday it cut employment by 337 positions and sold far fewer vehicles in the second quarter as part of the business realignment strategy it announced in May, which is partially aimed at reducing its expenses. The online used-vehicle retailer also said it closed offices in New York City and Detroit and shuttered
WASHINGTON – Two members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles. Representatives Robert Latta, a Republican, and Debbie Dingell, a Democrat, told Reuters in a joint interview they are unveiling the bipartisan Congressional Autonomous Vehicle Caucus to help educate fellow lawmakers on
By Joey Klender Posted on August 8, 2022 Tesla’s focus on quick and efficient service visits with inspiration from Formula 1 pit crews is bringing closure to the company’s offering of loaner vehicles and Uber credits for same-day fixes. Tesla’s Service Centers are strategically placed across the country and allow owners to receive repairs from
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