LONDON — Hollywood actors Ryan Reynolds and Rob McElhenney are joining Otro Capital and RedBird Capital Partners in an investor group taking a 24 percent equity stake in Alpine Racing, Renault Group’s Formula One team, Renault said in a statement. The 200-million-euro ($218.10 million) deal values British-based Alpine Racing at around $900 million following the
Month: June 2023
Jun 26, 2023, 02:35 AM ET Hollywood actors Ryan Reynolds and Rob McElhenney are joining Otro Capital and RedBird Capital Partners in an investor group taking a 24% equity stake in Alpine Racing, the Formula One team’s parent company Renault announced on Monday. The €200 million ($218.10m) deal values British-based Alpine Racing at around $900m
By Joey Klender Posted on June 24, 2023 Tesla’s North American Charging Connector (NACS) is being made mandatory for state funding in some regions, as it is becoming obvious more areas are interested in adopting the automaker’s charger to make EV charging more available. Washington became the second U.S. state to note that Tesla’s NACS
Power management giant Eaton Corp. plans to open a new electrification research lab in Michigan and create 100 EV-focused jobs at several sites in Michigan. The company, domiciled in Ireland with a North American base in Beachwood, Ohio, is looking to invest $22.5 million to expand its plant in Calhoun County’s Eckford Township and increase
MUNICH — German supplier Allgaier, whose customers include Porsche, has filed for insolvency, a court said on Wednesday, a year after being sold to a Chinese investor. The Goeppingen district court said it had appointed Pluta law firm’s Fritz Zanker as provisional insolvency administrator. Allgaier, which has about 1,700 employees, supplies major automakers with sheet
Catch Me If You Can: Ford Mustang Goes Into Ghost Mode On Arkansas Police In Broad Daylight | Carscoops Arkansas Police have a record of being aggressive in car chases, but the driver of this Mustang GT managed to outrun the pursuing officer 5 hours ago The Arkansas State Police have no qualms about high-speed
Toyota’s next-generation GT3 race car will make its competition debut in 2026 in the FIA World Endurance Championship (WEC), timed with the unveiling of a road-car counterpart, according to Motorsport.com. The race car, based on the Toyota GR GT3 concept shown at the 2022 Tokyo auto salon, was originally scheduled to begin racing in 2025,
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
With dealership service technicians in short supply, General Motors says it’s seeing some improvement toward building a talent pipeline. Enrollment in GM’s Automotive Service Educational Program, which trains aspiring technicians through a partnership mostly with community colleges across the U.S., is at a 10-year high, said Eric Kenar, GM’s manager of technician environment and service
Want to add a muffler to your engine’s exhaust? Find out what type of muffler makes an engine the most powerful, whether it’s a 350 horsepower engine or a 1000 horsepower engine! #EngineMasters #Engine #MotorTrend Get a fast, simple and free car quote ➡️ https://quotes.motortrend.com/ MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive
Volkswagen Group is trying to build up a leading battery maker to supply its ever-expanding fleet of electric vehicles — a feat so challenging it’s leading to sleepless nights at the automaker. The cell plants VW is setting up in Germany, Spain and Canada will underpin its shift away from the combustion engine. The automaker
Associated Press Jun 24, 2023, 07:27 PM ET LEBANON, Tenn. — A.J. Allmendinger pulled away on the second overtime restart Saturday to win his second NASCAR Xfinity race this year and 17th of his career at the Nashville Superspeedway in the Tennessee Lottery 250. The 41-year-old Allmendinger pitted on Lap 145 and used fresher tires
Arkansas State Police “Love Tap” A Fleeing Suspect Off His Motorcycle | Carscoops So many mistakes were made by this motorcycle rider and one of them was trying to drive around a police cruiser 3 hours ago Many motorcycles have a huge advantage when it comes to running from cars that pursue them. In the
When it comes to all-electric cars, their driving range varies a lot between the models, depending on efficiency and battery capacity. The Department of Energy (DOE)’s Vehicle Technologies Office recently published a very interesting chart, which throws new light on the offer by comparing three main vehicle classes – cars, SUVs, and pickups. The chart
WASHINGTON — U.S. auto safety regulators said on Saturday they are investigating Ford Motor Co.’s prior recalls of 710,000 Explorer large crossovers over power loss reports to determine if the fix is adequate. The National Highway Traffic Safety Administration noted the No. 2 U.S. automaker issued recalls in April 2022 and March on Ford Explorers from
In this article TSLA F Follow your favorite stocksCREATE FREE ACCOUNT CNBC’s Jim Cramer said Tuesday that many on Wall Street have it all wrong when it comes to legacy automaker Ford. “I think there’s real value here in Ford, more value than is captured by its $14 share price even with that 4.25% yield,”
Former Volvo Cars Chief Technology Officer Henrik Green has joined Swedish autonomous truck startup Einride. Green will be general manager of autonomous technologies at the company, which last year received regulatory approval to operate its self-driving truck in the U.S. Einride in 2019 became the first company in the world to deploy an autonomous, electric
Ferrari 812 Superfast Thrashed By Houston Storm Debris | Carscoops A Ferrari was in the wrong place at the wrong time as a piece of debris descended on it in the midst of a summer storm in Texas 5 hours ago Having something land on your car is deeply unfortunate no matter the circumstances, but
The 2025 Cadillac Escalade IQ debut will take place on Aug. 9 in New York City. The automaker confirmed the electric Escalade’s debut while releasing a teaser image and video depicting the front end’s lighting signature. 2024 Ford Mustang GT4 race car teaser Ford teased the Mustang GT4 and revealed the race car will debut
By Richard Angle Posted on June 23, 2023 Lifting off from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida at 11:35 a.m. ET (15:35 UTC), a Falcon 9 successfully deployed 56 Starlink satellites into low Earth orbit. Originally scheduled to launch at 9:56 a.m., thunderstorms in the area forced SpaceX to
It’s back! The World’s Greatest Drag Race returns with twelve of the world’s best supercars and sports cars for 2013 facing off in an epic quarter-mile sprint for glory… and ultimate bragging rights! This year’s field includes all twelve contenders from Motor Trend’s 2013 Best Driver’s Car Powered by Mobil 1 (https://www.youtube.com/user/OfficialMobil1). We have the
TOKYO — Nissan Motor Co. has started an investigation into claims by a senior adviser that CEO Makoto Uchida carried out surveillance of his deputy Ashwani Gupta, four people with direct knowledge of the matter said. The surveillance claims, first reported by the Financial Times, were made by Hari Nada, 58, a senior adviser at
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y is seen on a Tesla car lot on May 31, 2023 in Austin, Texas. Brandon Bell | Getty Images A security researcher who uses the handle “@GreentheOnly” has discovered a secret setting in Tesla vehicles that can be enabled by the
Volkswagen Group CEO Oliver Blume has promised to revive the fortunes of Audi after admitting the brand’s lineup was “lagging the competition,” particularly when it came to electric vehicles. As part of a shakeup at the Audi Group, which also includes the Bentley, Lamborghini and Ducati marques, the brands have been reclassified as “progressive” in
Ford, GM, and Stellantis will win the largest share of the US EV market over the next four years, but it won’t be easy. Ford, GM, and Stellantis gain on Tesla in US EV market According to Bank of America’s (BofA) annual “Car Wars” report, “The next four+ years could be some of the most
Washington state plans to require electric vehicle charging companies to include Tesla‘s plug if they want to be part of a state program to electrify highways using federal dollars, an official told Reuters on Thursday. Washington follows Texas’ move to mandate Tesla’s technology, The North American Charging Standard (NACS), adding momentum to CEO Elon Musk‘s
Ford Motor (F) is reportedly gearing up for a new round of layoffs, just as the automaker secured a major loan from the U.S. government to produce batteries — two developments that should accelerate the Club holding’s efforts to become a top player in the electric-vehicle market. As CEO Jim Farley continues to rein in
LONDON — The MG Cyberster all-electric sports car will lead new model launches at the performance-themed Goodwood Festival of Speed in July. MG’s Chinese parent company, SAIC, is giving the roadster its global physical debut at Goodwood to honor MG’s British roots. The Cyberster was revealed at the Shanghai auto show in April but only
Michael Schumacher came out of retirement to race for Mercedes between 2010 and 2012. Mark Thompson/Getty Images Mick Schumacher will drive his father Michael’s 2011 Mercedes Formula One car at the Goodwood Festival of Speed in July. Schumacher is currently a reserve driver for Mercedes, who his father raced for between 2010 and 2012 after coming
At the 2023 Ford F-150 Raptor R launch I asked Ford Performance boss Carl Widdman why the team left one metric on the table: Horsepower. Why not tune it for just 3, or even 5, more horsepower to top the Ram TRX? Widdman answered my question with a question (which my Uncle Robert, Unc, did
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