Month: May 2023

Laurence Edmondson, F1 EditorMay 16, 2023, 11:17 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Formula One personnel preparing for this weekend’s Emilia Romagna Grand Prix were asked to leave the Imola paddock on Tuesday after a severe weather warning was issued in the area. The Emilia Romagna region, in
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As with other automakers, electrification and more stringent emissions regulations steer the fate of the Porsche V-8 on a similar course as the analog clock and the cigarette lighter. The thoroughly refreshed 2024 Porsche Cayenne S has them all, but for how long? Using the electric Porsche Taycan for inspiration, the third-generation refresh of Porsche’s
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The ferocious 2011 Chevrolet Corvette Z06 shows what it can really do as we conduct our usual assortment of performance tests… Read the full story here: http://www.motortrend.com/roadtests/coupes/1102_2011_chevrolet_corvette_z06_test/index.html Shot by: Mike Suggett, Jim Gleason and Duane Sempson. Edited by: Mike Suggett.
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PARIS – Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a business conference close to Paris, the Elysee Palace said, confirming earlier media reports. The Tesla CEO, who bought social network Twitter in a $44 billion deal last year, will meet Macron at the palace before attending lunch
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As automakers ramp up electric vehicle production and scramble to secure their battery supply chains, they are meddling less in the business of traditional parts suppliers, according to an industry expert and executive. That’s because the automakers are faced with the once-in-a-century challenge of reinventing their companies, a capital-intensive task that leaves fewer resources for
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Last week 40,055 vehicles were axed from production plans because of the microchip shortage worldwide as automakers continue grappling with supply chain woes, according to the latest estimate by AutoForecast Solutions. Most of last week’s cuts were at European assembly plants, where about 29,300 vehicles were removed from factory schedules. There were also losses at
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 PARIS — The French government is seeking to limit incentives for buying new full-electric vehicles to those built in Europe, President Emmanuel Macon said, part of a package of environmentally friendly business incentives meant to boost French competitiveness. EVs sold in France are eligible for a 5,000-euro ($5,500) credit, provided their maximum price is below
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Once the darlings of automotive investors, electric vehicle startups are now limping along under the weight of a heavy cash burn, forcing companies to find new ways to stanch the bleeding. Rivian Automotive Inc., Lucid Group Inc., Nikola Corp. and Faraday Future Intelligent Electric Inc. all had fewer months of cash on hand in the
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In this article HTZ Follow your favorite stocksCREATE FREE ACCOUNT Tesla Model 3 electric vehicles at a Hertz neighborhood location. Hertz Consumers may be on the fence about whether it’s yet time to buy EVs, but car-rental giant Hertz Global Holdings has made the leap. Markets boosted shares of Estero, Fla.-based Hertz after its recent
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BERLIN — The market share of electric cars exported to Germany from China more than tripled in the first quarter, a worrying sign for German automakers struggling to keep up with their fast-moving Chinese peers. From January to March, 28 percent of electric cars imported into Germany came from China, compared with 7.8 percent in
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Many of us working in the connected car space are searching for explanations for the slow consumer adoption of telematics-enabled, usage-based insurance, or UBI, programs, especially as more new vehicles are embedded with connectivity, which helps power personalized insurance policies and can benefit customers. Although insurers have widely embraced data, including driving and vehicle data
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Ford dealer Richard Bazzy’s indecisiveness has helped dozens of students from his high school alma mater attend college. In 2020, Bazzy, who owns three Shults Ford locations outside Pittsburgh, created a $5,000 annual scholarship intended for graduates of Steel Valley High School. The next year, 11 students applied for the scholarship, which asks for a
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Founders: Praveen Penmetsa (CEO), Mark Schwager, Zachary Omohundro, Carlo MondaviLaunched: 2018Headquarters: Livermore, CaliforniaFunding: $116.4 millionValuation: $271 millionKey technologies: Autonomous vehicles, roboticsIndustry: AgriculturePrevious appearances on Disruptor 50 List: 1 (No. 20 in 2022) Persephone Kavallines Agriculture has been difficult to disrupt, and decarbonize. As the producer of the world’s first-ever fully electric, driver-optional smart tractor, Monarch Tractor’s goal
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