Month: September 2022

Lithia Motors Inc., which continues to gobble up dealerships, including acquiring five in Wisconsin in September, also sold one dealership in Northern California and another in Southern California this month, as it sheds some stores in a “network optimization” plan. The Medford, Ore., auto retailer sold Lithia Chrysler-Dodge-Jeep-Ram-Fiat of Eureka on Sept. 14 to Harper
0 Comments
5:14 AM ET Williams has confirmed Nicholas Latifi will leave the team at the end of the current Formula One season, the team confirmed on Friday. The Canadian driver has looked unlikely to remain with the team for several months. Dutch driver Nyck de Vries, who stood in for Latifi’s unwell teammate Alex Albon at
0 Comments
DETROIT — General Motors on Friday said all employees who have been working remotely must report to an office at least three days a week starting later this year, modifying the flexible and intentionally vague “Work Appropriately” approach it adopted during the pandemic. In an internal message to affected employees, GM said it’s making the
0 Comments
Electric vehicle startup Bollinger Motors said it’s developing an electrified refrigerated truck with trailer and truck body manufacturer Wabash. The companies announced Wednesday that Wabash’s lightweight composite technology, called EcoNex Technology, will be combined with Bollinger’s electric chassis cab to create a Class 4 refrigerated truck. EcoNex reduces the amount of electricity needed to maintain
0 Comments
12:22 PM ET ESPN News Services McLaren Racing is in serious conversation about running a fourth Indianapolis 500 entry for NASCAR star Kyle Busch. Busch, who last week left Toyota and Joe Gibbs Racing after 15 years to sign with Richard Childress Racing, has permission to compete in the Indy 500 with a Chevrolet team.
0 Comments
In this article 300750-CN 300750-CN Follow your favorite stocksCREATE FREE ACCOUNT CATL is the world’s largest electric vehicle battery maker and supplier to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images The world’s largest electric vehicle battery maker CATL is evaluating whether to expand its battery swapping
0 Comments
Getty Images Tesla is recalling nearly 1.1 million cars in the US because the windows might close too fast and pinch people’s fingers. Documents produced by American regulators show the windows may not react correctly after detecting an obstruction. The National Highway Traffic Safety Administration says it is a safety-standards violation. Tesla says a software
0 Comments
NEW YORK — Mercedes-Benz will use Qualcomm’s Snapdragon Digital Chassis in upcoming vehicles, Qualcomm Technologies Inc. said Thursday. Mercedes plans to power its vehicles’ digital cockpits and telematics systems with the computing platform, Qualcomm said. The company now has a Snapdragon design-win pipeline worth $30 billion, according to Qualcomm CEO Cristiano Amon, a figure that
0 Comments
Kittyhawk, the air-taxi company backed by billionaire Google co-founder Larry Page, will be closing down, dealing a setback to the long-elusive dream of developing flying cars. “We have made the decision to wind down Kittyhawk,” the company said on Twitter. “We’re still working on the details of what’s next.” The company’s technology is expected to
0 Comments
HAI PHONG, Vietnam — Vietnamese automaker VinFast, which plans to start delivering electric vehicles to customers in Europe and the U.S before year-end, aims to be profitable within the next three years, Chief Financial Officer David Mansfield said. When asked whether getting there was tied to the EV maker’s goal of boosting sales to 1
0 Comments
3:59 AM ET Yuki Tsunoda will remain in Formula One with AlphaTauri for another year, the Italian team has confirmed. Tsunoda, who is a part of the Red Bull young driver programme and backed by engine supplier Honda, is currently in his second season at AlphaTauri. His future in F1 beyond the end of the
0 Comments
Nikola Corp. founder Trevor Milton broke his own company’s social media rules, sharing potentially nonpublic information on platforms like Twitter and Instagram, a jury in Milton’s criminal fraud trial was told. Milton, accused of lying to investors about the company’s progress, flouted policies on the treatment of confidential information including financial and product matters, Nikola
0 Comments