Month: February 2023

ROME — Stellantis has invested $155 million to buy a minority stake in a copper mine in Argentina as part of its global push to secure raw materials for electric-vehicle batteries. The company acquired a 14.2 percent stake in McEwen Copper, a subsidiary of Canada’s McEwen Mining, which owns the Los Azules project in Argentina,
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8:37 AM ET Associated Press Marco Andretti will attempt to defend the only professional championship of his career when he returns this summer to Superstar Racing Experience, the all-star series created by Tony Stewart. Andretti was among five IndyCar drivers named Tuesday to the series, which last week confirmed Stewart would return to run the
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MILAN — Stellantis plans to cut as many as 2,000 jobs in Italy this year to further reduce its workforce in Fiat’s former home country as the transition to electric vehicles takes its toll. The automaker, formed from the merger of PSA Group and Fiat Chrysler, and local unions agreed on the reductions that represent
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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SHANGHAI — CATL, the world’s largest battery maker, has offered to cut costs for Chinese automakers, a move that demonstrates its market power and could also widen China’s cost advantage in electric vehicles. China’s CATL has offered smaller domestic electric-vehicle makers discounted prices on batteries, according to four people with knowledge of the terms. The discount
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In this article FSR FSR Follow your favorite stocksCREATE FREE ACCOUNT Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric
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Audi has named Renate Vachenaur, a former BMW executive who has been at the Volkswagen Group subsidiary  since 2021, as head of procurement.  The position was held by Dirk Grosse-Loheide, who was promoted to head of procurement at VW Group and VW Group on Jan. 1 in a reorganization of the purchasing department at Europe’s largest
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Québec-based Uni-Select, Canada’s largest supplier of automotive refinish, industrial paint and more than two million replacement parts in the auto industry, is being purchased by U.S.-based LKQ Corp. for about $2.1 billion (USD) in cash. Based in Chicago, LKQ supplies aftermarket and recycled parts, focusing mainly on RVs, trucks and off-roading, towing, speed and performance, wheels, tires
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Join Christian Hazel on this episode of 4×4 Garage as he continues restoring a last generation Bronco. Will all of his hard work pay off? Title Sponsor / Official Retailer: RealTruck: https://realtruck.com/ In Association With: Superlift: https://superlift.com/ Rugged Ridge: https://ruggedridge.com/ Husky Liners: https://www.huskyliners.com/ Eaton Truetrac: https://www.eaton.com/ Duralast: https://www.duralastparts.com/ Falken: https://www.falkentire.com/ Holley: https://www.holley.com/ Amsoil: https://www.amsoil.com/ Learn
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Stellantis plans to roll out electric vehicles in Europe with cheaper lithium iron phosphate (LFP) batteries. European automakers are currently using the more power dense, but costlier, NMC cell chemistry (nickel, manganese and cobalt). However they facing increasing cost competition from rivals using Chinese-sourced LFP batteries. “We need LFP and we will have LFP because
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Feb 23, 2023 SAKHIR, Bahrain — Reigning world champion Max Verstappen started the 2023 Formula One season where he left off in 2022 by topping the first morning of testing in Bahrain. The Red Bull driver set a 1:32.959 — 2.5 seconds off last year’s pole position time at the same circuit — as all
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Nickel-Plated Tesla Model X Is Worth Every Cent | Carscoops Admitedly nickels are not the best option for covering the entire bodywork of your Tesla by Thanos Pappas 4 hours ago by Thanos Pappas Despite its gullwing rear doors and impressive performance, the Tesla Model X was not flashy enough for an owner in Utah,
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It’s the end of an era for one of America’s most colorful automotive retailers. The family of Cal Worthington, who died in 2013 at 92, is selling the last dealership bearing his name, Worthington Ford in Long Beach, Calif. Worthington became famous for airing commercials featuring loony antics with “My Dog Spot.” The hook was
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