The BMW Group announced two significant EV-related investments in South Carolina, valued at $1.7 billion in total. The first part of $1 billion is to prepare for the production of all-electric vehicles at the company’s existing manufacturing facility in South Carolina – Plant Spartanburg. This 30-year-old site currently produces 11 models including five X-series (X3,
Month: October 2022
2:17 PM ET Marty Smith Close ESPN ESPN NASCAR lead reporter Former NASCAR.com senior writer 15 years covering NASCAR Ryan McGee Close ESPN Senior Writer Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year A week after being in the middle of an incident with
What separates sedans from crossovers, and how important are those differences? Those are two very important questions as the Toyota Crown is returning to America as an “elevated sedan.” A radical departure from the rear-wheel drive variants offered in Japan, the 2023 Crown is a segment bender that follows in the footsteps of the iconic
BERLIN – Volkswagen Group is entering into direct purchase agreements in unprecedented areas to tackle the worst supply chain shortages the automaker has seen, its purchasing chief Murat Askel said. VW is also building a database to help predict geopolitical, natural and supply chain risks ahead of time, as it did for financial risks after
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WASHINGTON — A group representing self-driving car companies is appointing a former U.S. Senate aide as its new head as the industry works to convince U.S. policymakers to speed the deployment of autonomous vehicles and jumpstart stalled legislation. The Autonomous Vehicle Industry Association (AVIA) has tapped Jeff Farrah as its first executive director, the group
SAVANNAH, Georgia – Hyundai Motor Co will break ground on a $5.54 billion electric vehicle (EV) and battery plant in the United States on Tuesday, as South Korea’s biggest automaker grapples with an uncertain outlook for its EV sales in its top market. Hyundai plans to begin commercial production in the first half of 2025
In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2023 Ford Escape ST-Line Elite Ford DETROIT — Ford Motor is updating its popular Escape as part of a two-pronged sales strategy alongside the newer, more rugged Bronco Sport in the highly competitive compact SUV segment. Ford expects the new design of the 2023 Escape,
By Simon Alvarez Posted on October 24, 2022 Vehicles like the Teslas have become popular in New Zealand, with the Model Y becoming one of the country’s best-selling vehicles in August and September. And with more electric cars on the road, more EV owners have received rebates for their vehicle purchases. This appears to have
This test is all about choosing the features you want and need on your carburetor, and how those features affect your horsepower and tunability. Do mechanical secondaries really make any more power than vacuum-power ones? Does a choke horn restrict inlet airflow? #enginemasters #motortrend MotorTrend is the ultimate streaming destination for gearheads coupled with the
6:27 PM ET Fernando Alonso believes Formula One and the FIA’s race regulations are set for a crucial moment after his Alpine team appealed the penalty which knocked him out of the points at the U.S. Grand Prix. Alonso finished seventh in Austin, Texas, despite being sent airborne at one stage in a 200 mph
Mercedes-Benz Maybach last week opened what it refers to as an “Atelier” in Shanghai, China. It’s the latest in a series of Maybach brand stores, but unlike the existing stores, which focus on fashion and in some cases saddles for horseback riding, the Atelier, a French word meaning “an artist’s studio,” makes it possible to
BEIJING — Toyota will launch a small electric sedan, powered by BYD batteries and produced and sold in China. The Japanese automaker said the car would be called the Toyota bZ3. It did not say when the vehicle will be available in showrooms. It is the second model in the new Beyond Zero (bZ) series
Halloween is right around the corner and one of this year’s hottest decorations is a 12 foot (3.6 meter) tall skeleton sold by Home Depot. The skeleton costs $299 (£265 / €302), but quickly sold out due to huge demand. However, that didn’t deter one person who decided to steal a giant skeleton from an
A major blaze in South Korea that knocked out a wide range of key digital services for days — snarling banking, ride-sharing and online deliveries — is reigniting safety concerns in a nation that’s a key global supplier of lithium-ion cells used in electric vehicles. The days-long outage followed a fire Oct. 15 at a
In this article BYDDF XPEV LI NIO Follow your favorite stocksCREATE FREE ACCOUNT Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electric vehicle makers were among those hit by a dramatic sell-off Monday, as investors soured on non-state-run Chinese companies following a
Tesla is rumored to be looking to invest in Nuevo Leon, a Mexican state bordering Texas, as CEO Elon Musk meets with the governor. Earlier this year, people crossing the border between Texas and Nuevo Leon were surprised to see not just the usual marked lanes for cars and trucks but also one marked “Tesla”
7:07 AM ET Associated Press NASCAR Hall of Famer Tony Stewart will make his drag racing debut this weekend at the NHRA Nevada Nationals at Las Vegas Motor Speedway. Stewart will compete for McPhillips Racing in a Top Alcohol dragster — the equivalent of NASCAR’s second-tier Xfinity Series. “I’m excited and nervous at the same
Volkswagen Group CEO Oliver Blume will travel to China next month as part of the automaker’s push to preserve its share of the world’s largest car market, according to people familiar with the plans. Blume will join a high-ranking German delegation led by Chancellor Olaf Scholz on a trip planned around Nov. 4, the people
Police officers aren’t usually big fans of burnouts, especially when drivers decide to do them on public roads with other drivers around. But officers in Timmonsville, South Carolina, while definitely not condoning tire fires, think you ought to at least do it properly to make it worth the ticket they’re going to write you. This
Toyota Motor Corp. is considering a reboot of its electric vehicle strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing EV projects, four people with knowledge of the still-developing plans told Reuters. The proposals under review, if adopted, would amount to a dramatic
Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel
In this article 9868-HK Follow your favorite stocksCREATE FREE ACCOUNT Xpeng showed off its forthcoming G9 SUV at the Chengdu auto show in August 2022. China News Service | China News Service | Getty Images Chinese electric carmaker Xpeng on Monday revealed its most advanced semi-autonomous driving system as it looks to boost appeal for
The all-new Volkswagen ID. Buzz (5-seat version) was recently tested by Bjørn Nyland, who first took it for the humorous banana box test to check the cargo potential. The Volkswagen ID. Buzz is a large, all-electric van, although with a pretty short front so there is no frunk (front trunk). According to the manufacturer, the
If you’ve ever want to own a muscle car powered by Dodge’s 1,000-hp Hellephant crate engine, now’s your chance. A Hellephant-powered 1968 Dodge Charger named Dumbo is slated for a Mecum auction running in Las Vegas from November 10-12. The supercharged 7.0-liter V-8 was unveiled at the 2018 SEMA show, and went on sale as
10:15 PM ET AUSTIN, Texas — Fernando Alonso has been relegated from seventh to 15th at the U.S. Grand Prix following a protest from rival team Haas. Alonso turned in a memorable performance in Austin after being sent airborne in a collision with Lance Stroll on lap 22, which left his car damaged. He recovered
PARIS — Renault will not reverse its strategy to reduce discounting and get higher transaction prices for its cars despite the continuing threat of inflation, Chief Financial Officer Thierry Pieton said. Renault has made fundamental changes in its business strategy, reducing incentives and aligning model prices to the competition, Pieton told analysts on Friday. Two
Car chase scenes in films often require precious vehicles to be sacrificed for our viewing pleasure. A large number of those are done using CGI but which are the most expensive cars that were actually destroyed on set? According to a new study by Confused, the title goes to the Porsche 917K which was infamously
WASHINGTON — Former NHTSA chief Steven Cliff said his decision to leave the nation’s top auto safety regulator in September and return to the California Air Resources Board was not taken lightly. “It was a very tough decision, I’ll be honest,” Cliff, now CARB’s executive officer, told Automotive News this month. “When I was recruited
BMW Concept XM BMW BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The investment will include $1 billion to prepare for production of EVs at the automaker’s existing Spartanburg factory in South Carolina, and $700 million for a new high-voltage battery-assembly facility
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