Month: May 2023

BERLIN — Volkswagen Group has completed the sale of its Kaluga production plant in Russia and its local subsidiaries, the automaker said on Friday, ending months of wrangling with Russian authorities over the deal. VW has sold its shares in Volkswagen Group Rus LLC to Art-Finance LLC, which is supported by auto dealer group Avilon,
1 Comment
Associated Press May 19, 2023, 07:08 PM ET INDIANAPOLIS — Two-time Indy 500 champion Takuma Sato turned the fastest lap at Indianapolis Motor Speedway in 27 years on Friday, and defending winner Marcus Ericsson was close behind him, making Chip Ganassi Racing the team to beat heading into qualifying weekend for “The Greatest Spectacle in
0 Comments
Workers at a Webasto Roof Systems plant in suburban Detroit voted 99 to 79 to join the UAW Thursday. The plant produces convertible tops for the Ford Mustang, Ford Bronco, Jeep and Chevrolet Corvette. Pay and schedule changes motivated workers to organize, employees said in a statement. The organizing drive began in November 2022. Webasto
0 Comments
Veteran tire manufacture Bridgestone has launched its first EV-dedicated tire in front of a crowd in Southern California this morning. The Turanza EV is a grand touring tire designed to handle the heavier-torque of electric vehicles through all seasons. Several new Bridgestone technologies also make their debut on the Turanza tire, which will be targeted
0 Comments
Associated Press May 18, 2023, 09:53 AM ET INDIANAPOLIS — Stephanie Beatriz, who starred as Detective Rosa Diaz on the TV show “Brooklyn Nine-Nine” and voiced Madrigal on the Academy Award-winning film “Encanto,” will serve as the grand marshal for the Indianapolis 500 later this month. The track announced Tuesday the award-winning actress, who will
1 Comment
HIROSHIMA, Japan — Toyota is “investing like crazy” in new battery technologies for electrified vehicles but sees no dramatic breakthrough from today’s basic chemistry for at least another decade. The lithium ion composition used in contemporary EVs and hybrids will likely be the go-to for another 10 to 20 years, the Japanese carmaker’s top scientist
0 Comments
Geely’s LEVC London cab unit is pinning its hopes on a new groupwide platform for larger passenger vehicles to deliver the scale effects it has so far lacked for its flagship TX plug-in hybrid. LEVC, short for London Electric Vehicle Company, started production of the TX cab in 2017 at a new facility near Coventry,
0 Comments