Month: May 2023

Associated Press May 21, 2023, 06:53 PM ET INDIANAPOLIS — Alex Palou will lead the field to green in the Indianapolis 500 after the young Spaniard put together the fastest four-lap pole run in history Sunday, edging Rinus VeeKay and Felix Rosenqvist to give Chip Ganassi Racing its third consecutive pole in “The Greatest Spectacle
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By William Johnson Posted on May 20, 2023 Twitter has begun hiring for positions related to its upcoming “everything app” offering. Since Elon Musk started the process of acquiring Twitter late last year, his intentions have been clear; make an “everything app” that could rival the incredibly successful WeChat offering in China. From this app,
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Toyota isn’t just winning the battle for Hispanic consumers — it’s dominating the nation’s second-largest ethnic group, in a triumph that’s more than 30 years in the making. The brand accounted for five of the top six nameplates sold to Hispanics in 2022, according to U.S. new-vehicle registration data from S&P Global Mobility. The Toyota
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Used-vehicle retail giant CarMax Inc. tops Automotive News’ debut list of retailers by used-vehicle-only sales. Joining CarMax on the inaugural list is a mix of national and regional used-vehicle retailers with high-volume, multistore operations. There are also publicly traded online used-vehicle retailers that gained more prominence in the last decade and grew sales volumes substantially
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TOKYO — The rebranded Tokyo auto show wants to become the “Davos of Mobility.” Imagine a who’s who meetup of business leaders from the traditional automotive industry and whiz kids from innovative startups in artificial intelligence, software and renewable energy. But instead of gathering at a snowy Swiss ski resort, they do it on the
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Associated Press May 19, 2023, 02:27 PM ET INDIANAPOLIS — Rarely has someone as accomplished at Indianapolis Motor Speedway as Bobby Rahal looked so uncomfortable there. That will happen when you’re asked about the future of your own kid on your race team. Yet there he sat Friday morning, overlooking the famed yard of bricks
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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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Deion Sanders, the former NFL star who’s preparing for his first season as head coach at the University of Colorado, showed off his customized Ford F-650 Super Duty on social media. The truck, which has a 7.3-liter V-8 engine and is designed for heavy commercial use, retails for about $150,000 before Sanders’ personalizations. “You gotta
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A new manufacturing process developed by supplier giant Magna International Inc. and the Department of Energy’s Pacific Northwest National Laboratory could soon make it possible to reduce aluminum parts suppliers’ reliance on new aluminum. The process — Shear Assisted Processing and Extrusion — allows a company to collect scrap and leftover aluminum trimmings and directly
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BMW will start producing its next-generation of electric vehicles, dubbed Neue Klasse, in the northeast China city of Shenyang in 2026, giving a major boost to its EV product lineup in the world’s biggest light-vehicle market.  The new EV models will be assembled at BMW Brilliance Automotive, its joint venture with Brilliance China Automotive Holdings,
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Associated Press May 20, 2023, 07:15 PM ET INDIANAPOLIS — Ganassi, Ganassi, Ganassi. It was practically the only name mentioned as the four-car organization returned to Indianapolis Motor Speedway poised to defend last year’s Indianapolis 500 victory. Arrow McLaren Racing pushed it aside on the first day of Indy 500 qualifying. Felix Rosenqvist, a former
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In this article STLA GM F 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT 2024 Toyota Tacoma Trailhunter Toyota DETROIT — Size matters. Just ask America’s largest automakers. Ford, General Motors and Toyota are among those increasingly looking to capitalize on the growing midsize pickup truck segment: vehicles big enough to command high price tags but
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Associated Press May 19, 2023, 04:14 PM ET INDIANAPOLIS — Few drivers have experienced a bigger boost from winning the Indianapolis 500 than Marcus Ericsson, who has turned last year’s victory into a life-changing event. Not only did it resurrect the Swedish driver’s career, which had stalled after five seasons in Formula One, it also
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Private equity investors and other funders put in at least $402 million in automotive-related startups in April, up 2 percent from the $394.1 million invested in March. The slight increase in deal activity may be a sign that investment in the automotive startup space is stabilizing. Investment in American automotive startups fell to $690.5 million
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