Month: July 2023

Tata Motors reported better-than-expected first-quarter income as supply-chain constraints eased, helping to lift sales of luxury cars. Net income was 32 billion rupees ($391 million) in the three months through June, compared with a loss of 50 billion rupees a year earlier, the Mumbai-based company said in a statement Tuesday. Analyst estimates on average were
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Laurence Edmondson, F1 EditorJul 23, 2023, 12:16 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 BUDAPEST, Hungary — Lando Norris accidentally broke Max Verstappen’s winner’s trophy at the Hungarian Grand Prix after some overexuberant celebrations on the podium. Verstappen won Sunday’s race by over 30 seconds from Norris, who took
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Toyota is facing severe challenges in China. A recent report states that the Japanese automaker prematurely terminated the contracts for 1,000 workers in the world’s largest car market. The brand’s joint venture in China, with state-owned Guangzhou Automobile Group (GAC), laid off workers over the weekend and offered them compensation, according to Reuters. The publication
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Could The Ferrari Daytona SP3 Become More Desirable Than The LaFerrari? | Carscoops This Ferrari Daytona SP3 includes airbrushed Scuderia badges that cost an eye-watering $14,341 https://www.carscoops.com/author/bradcarscoops-com/ by Brad Anderson 2 hours ago Every now and then, Ferrari rips up the rule book and unveils a limited-run supercar that immediately gets the world talking. The
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Laurence Edmondson, F1 EditorJul 23, 2023, 02:09 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 BUDAPEST, Hungary — The performance of Max Verstappen and Red Bull is in a different category compared to the rest of the Formula One field, Mercedes team principal Toto Wolff said on Sunday. Verstappen won
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Giving it the beans along Big Tujunga Highway in Southern California’s Angeles National Forest, this 2024 Ford Mustang EcoBoost feels familiar but different. Dynamically, the seventh-generation Mustang doesn’t change much, but it has a lot more technology to experience behind the wheel. The seventh-generation Mustang, known internally as S650, is little different than the last-generation
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Associated Press Jul 23, 2023, 04:41 PM ET NEWTON, Iowa — Josef Newgarden got one win on Saturday, but he said it felt like “50% of the battle.” Newgarden completed the doubleheader sweep he wanted at a track where he’s had plenty of success, winning the IndyCar Series race Sunday at Iowa Speedway. Newgarden, who
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Japan’s largest automaker, Toyota Motor, is laying off workers in China as the company struggles to keep up in the world’s biggest EV market. Toyota lays off workers amid China’s EV transition Japanese automakers are stumbling in China’s evolving auto landscape. According to a new report from Reuters, Toyota’s joint venture with China’s Guangzhou Automobile
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Volvo Cars‘ biggest product launch since the XC40 in 2017 is hamstrung by an issue many automakers are grappling with in this age of advanced technology vehicles. Volvo has delayed production of the new electric EX90 crossover to mid-2024 as engineers work to incorporate a key technology into the flagship model’s new platform. On the
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Artificial intelligence is making a big effect on the auto industry. Revenue from sales of autonomous vehicles is anticipated to top $70 billion by 2033, according to Future Market Insights. But self-driving cars powered by AI are not the only change — AI technology is already being infused into vehicle production.  related investing news This
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McLaren’s dealership in Beverly Hills has a Speedtail like no other, which recently paid a visit to Jay Leno’s Garage. The dealership was given this car as a reward for high sales. It’s a Speedtail prototype that’s been finished to production-spec, but wearing the same livery used during testing. McLaren nicknamed the car Albert, referencing
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There have been several big, mid-engined, V-12 Lamborghinis over the years. Starting with the sinfully gorgeous Miura, through to the spaceship-looking, brand defining Countach, to the sinister Diablo, to the origamiish Murcielago, to the modern day Aventador, they’ve all been loud, sexy, attention-garnering beasts. But have they been any good to drive? Honestly? No, not
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