Month: October 2022

7:08 AM ET Lewis Hamilton said Fernando Alonso questioning the value of his Formula One titles made him “giggle a little bit.” Ahead of the Mexican GP, Alonso told Dutch media that Max Verstappen’s two world titles are worth more than Hamilton’s seven because the Red Bull driver has not just beaten his teammate to
0 Comments
In this article TSP Follow your favorite stocksCREATE FREE ACCOUNT TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck startup TuSimple has fired its CEO, Xiaodi Hou, after an internal investigation found improper dealings and
0 Comments
7:07 AM ET Daniel Ricciardo said he is talking to Formula One teams about a reserve role next year and that taking a break from racing could prove to be “a blessing in disguise.” The Australian finished seventh for McLaren in Sunday’s Mexico City Grand Prix and was voted Driver of the Day by fans
0 Comments
Mining companies are going to great lengths to source the raw materials needed for electric vehicle batteries, even miles below the ocean’s surface. They are racing to tap into these seabed stockpiles, striking deals, developing mining processes and equipment and striving to be eco-friendly. Meanwhile, environmental groups want to slow the rush until more is
0 Comments
A company extended into the next generation Aug. 1 when Mike Shannon sold Holiday Automotive in Fond du Lac, Wis., to his son, Michael Shannon Jr., according to Scott Mackie of buy-sell firm National Business Brokers. The younger Michael Shannon bought three franchised dealerships: Holiday Chevrolet-Buick-GMC-Cadillac, Holiday Mazda and Holiday Ford. A used-car store and
0 Comments
5:56 PM ET Max Verstappen became the first ever Formula One driver to win 14 races in a season with an easy victory at the Mexican Grand Prix. Verstappen, 25, who wrapped up his second world championship at the start of the month, led away from pole position and never looked likely to lose the
0 Comments
CHICAGO — It’s not the “great resignation.” The challenges in the U.S. labor market today can be better understood as the “great reassessment,” said Adam Robinson, CEO of Hireology, a recruitment technology company that works with auto dealerships. There is a broad rethinking happening about “what it means to have an employment relationship,” Robinson said
0 Comments
To push U.S. battery development, the Department of Energy awarded $250 million in cost-sharing grants to three companies working to scale silicon technology for faster charging and more energy storage of EV batteries. They include Amprius Technologies Inc., Group14 Technologies Inc. and Sila Nanotechnologies, all focused on silicon-based battery technology. The DOE funding is part
0 Comments
6:58 PM ET MEXICO CITY — Toto Wolff believes Sunday’s Mexican Grand Prix will be Mercedes’ best shot a securing a victory this season, but stressed that beating Max Verstappen would not be an easy task. Verstappen pipped George Russell and Lewis Hamilton to pole position on Saturday by 0.3s, although both Mercedes drivers lost
0 Comments
General Motors donated a Chevrolet Bolt to serve as the official diplomatic vehicle of Ukraine’s U.S. embassy. Omar Vargas, GM’s head of global public policy, delivered the electric vehicle to Oksana Markarova, Ukraine’s ambassador to the U.S., in Washington last week. GM also provided a Level 2 charger. “Today, our Embassy in Washington D.C. is
0 Comments
BERLIN — Volkswagen Group reported third-quarter earnings of 4.3 billion euros ($4.29 billion), behind pre-pandemic levels, following 1.6 billion euros ($1.6 billion) in one-off charges from the suspension of Russian activities and its Porsche listing. The automaker cut its vehicle sales expectations for the year as chip availability remains scarce and logistics continue to pose
0 Comments