Month: November 2022

General Motors didn’t just halt Twitter advertising after Elon Musk bought the social network. The automaker’s CEO and vehicle brands haven’t even tweeted since. Mary Barra last posted on Oct. 27, the same day that Musk closed his $44 billion purchase, when GM’s leader retweeted a message from autonomous-vehicle startup Cruise LLC. Since then, Barra
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Getty Images Manufacturing has resumed at the former Renault factory in Russia, which shut after the invasion of Ukraine and was later taken over by the government. Truck-maker Kamaz said the first cars would go on sale next month. It is reviving the Soviet-era Moskvich brand although the car’s design has been updated. Renault’s departure
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Continental has promoted Aruna Anand to CEO of the company’s automotive group sector in North America as it aims to adapt to a changing industry. Anand, 49, takes over for Robert Lee, who left the company in May to be president and chief strategy officer for battery maker LG Energy Solution North America. Effective Dec.
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While nationwide sales of certified pre-owned vehicles are on pace to decline from 2021 levels, dealers who participate in the Ford Blue Advantage program are experiencing double-digit gains. Ford Motor Co. says CPO sales for the roughly 1,400 dealers who are part of Blue Advantage were up about 15 percent year over year through October
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Audi’s A6 family is about to be expanded with an electric member, and a prototype has just been spotted. The electric variant is the A6 E-Tron which Audi first previewed in 2021 with a thinly veiled concept version. The automaker followed up the original concept with an A6 Avant E-Tron concept earlier this year, hinting
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1:10 PM ET Ferrari finished the 2022 season as it started it, with its team setting the fastest time of a test session. Carlos Sainz led the way on a 1:25.245s, with Charles Leclerc and junior driver Robert Schwartzman both finishing with 0.1s during their respective runs in the car. Ferrari’s early promise failed to
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New York’s Vision Automotive Group sold 10 dealerships to Atlantic Coast Automotive Inc., according to the Rochester Business Journal and a person briefed on the transaction. Atlantic Coast Automotive, of Miami Lakes, Fla., bought three Hyundai stores, three Nissan stores, two Kia dealerships, a Chrysler-Dodge-Jeep-Ram store and a Buick-GMC store. The dealerships are in Rochester,
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Amazon.com. emerged as a potential savior for Argo AI, the now-defunct startup backed by two of the world’s biggest automakers, before the deal fell apart because of a sputtering economy, concerns about control and flagging faith in fully autonomous driving. The online retailer was prepared to invest several hundred million dollars into Argo last spring,
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7:22 AM ET Fernando Alonso had his first taste of Aston Martin machinery on Tuesday as he and five others familiarised themselves with their 2023 teams for the first time. After one of the busiest driver markets in recent years, there are a few changes this year which are reflected in the lineup of the
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Tech startups in the automotive industry and mobility space are phenomenal at innovating but terrible at scaling up their operations, Quin Garcia, co-founder and managing director of Silicon Valley venture capital firm Autotech Ventures, said Friday at the Automotive News Congress in Los Angeles. During a wide-ranging discussion about venture capital-backed startups partnering with established
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Audi’s latest A3 only started sales in the U.S. last fall, but an updated version of the compact sedan is already out testing. That’s because the latest A3 has already been on sale outside the U.S. since 2020, meaning it should be due for a mid-cycle update by late 2023 or early the following year.
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Just as “Black Panther” marketing reaches a crescendo, the brand hype has started for the year’s next mega-blockbuster, “Avatar.” Mercedes-Benz debuted a co-promotional campaign with the sci-fi sequel, called “Avatar: The Way of Water,” which hits theaters Dec. 16. The effort, created in partnership with Avatar’s movie studio 20th Century Studios, will run globally and
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Warehouse and distribution giant Prologis sees autonomous trucking as the future of logistics. The San Francisco-based company is in the early stages of organizing its business to serve shippers and motor carriers that plan to add electric and autonomous big rigs to their fleets, said Henrik Holland, global head of mobility at Prologis. Holland outlined
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