WASHINGTON — As the auto industry endures global supply chain disruptions, including a semiconductor shortage that emerged from the COVID-19 pandemic, one trade association is hoping to avoid déjà vu. “Right now, our No. 1 public policy issue is to get passage of the competition bill that is making its way through Congress,” said Ann
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In this article .FKRX300 Drew Angerer | Getty Images News | Getty Images Hyundai Motor said on Sunday it plans to invest $5 billion in the U.S. by 2025 to further develop mobility technologies in areas like autonomous driving, robotics, and A.I. The investment comes alongside the automaker’s recent announcement of a plan to spend $5.54 billion
8:57 PM ET Associated Press INDIANAPOLIS — Jimmie Johnson felt comfortable from his very first laps of Indianapolis 500 preparation. The seven-time NASCAR champion knows his way around The Brickyard — he won at Indianapolis Motor Speedway four times in a stock car — so not even a brush with the wall in an Indy
There’s no ejector seat, oil slick maker or machine gun, but the 1964 Aston Martin DB5 that Sean Connery bought for himself more than a half-century after driving one as James Bond in Goldfinger is up for sale. The actor bought the DB5 at the suggestion of his children in 2018, two years before he
Tesla’s Model 3 at the Tesla store in Washington, D.C. Salwan Georges | The Washington Post | Getty Images Automakers from Tesla to Rivian to Cadillac are hiking prices on their electric vehicles amid changing market conditions and rising commodity costs, specifically for key materials needed for EV batteries. Battery prices have been declining for
6:04 PM ET Associated Press INDIANAPOLIS — Rain held off long enough on Saturday to complete the first round of qualifying for the Indianapolis 500 on a soupy day that still produced eye-popping speeds not seen in 26 years at Indianapolis Motor Speedway. Rinus VeeKay and Pato O’Ward, a pair of young new stars, posted
Supplier American Axle & Manufacturing Holdings Inc. is exploring a potential sale, people familiar with the matter told Bloomberg. The company has hired an adviser to help with the process, the people said, asking not to be identified discussing private information. A leveraged buyout through a private equity firm is a likely option, one person
In this article F TSLA GM GOOGL An Apollo Robotaxi runs at Shougang Park as Baidu launches China’s first driverless taxi service in the city on May 2, 2021 in Beijing, China. He Luqi | Qianlong.com | Visual China Group | Getty Images For years, Alphabet‘s Waymo and others leaders have promised autonomous vehicles are
7:31 AM ET BARCELONA, Spain — Aston Martin has hit back at Red Bull in Formula One’s latest copying row, with the team’s technical director Andrew Green saying he is “disappointed” by comments made by Red Bull team principal Christian Horner in the media. Aston Martin has brought a significant update to its car at
A new software stack developed by steering supplier Nexteer Automotive and Israeli tech startup Tactile Mobility allows vehicles to get a better “feel of the road” in hazardous conditions — and even to detect the health of a tire. The software is integrated into a vehicle’s steering system to instantly detect when the tires have
The logo of Hyundai is shown at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show on 18 January 2019, in Brussels. Dirk Waem | AFP via Getty Images Hyundai Motor on Friday confirmed plans to spend $5.54 billion to build its first dedicated electric vehicle and battery manufacturing facilities in the
6:58 PM ET Associated Press INDIANAPOLIS — First came the wind – 41 mph gusts that created some of the most challenging conditions in Indianapolis Motor Speedway history — and the rain was expected to follow. It put IndyCar on its heels on “Fast Friday” as race officials scrambled to save qualifying for the Indianapolis
A West Virginia jury ruled Tuesday that Ford Motor Co. must pay $7 million to the family of a 19-year-old woman who was killed in a 2016 accident involving her Ford Mustang. According to the suit, a pickup struck the 2014 Mustang, which subsequently caught fire, and Breanna Bumgarner was ultimately killed. The lawsuit, filed
Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images Tesla CEO Elon Musk on Friday blasted the Biden administration and Democrats on Twitter, as the world’s richest man doubled down on his vow to vote for Republicans. Musk in a tweet accused the Biden administration of doing
11:51 AM ET BARCELONA, Spain — After the hype and excitement of the Miami Grand Prix, this weekend’s race in Spain feels like a return to normality for Formula One. Miami joined Austin, Texas, as a U.S. F1 race host this year, and the May 8 event had a Super Bowl feel to it, with
TOKYO — Valeo, a pioneer in commercializing lidar technology, is developing a more advanced version of its laser-emitting safety systems for debut in 2024 that promises a twelvefold increase in resolution, a tripling of range and a much wider viewing angle that can see details the human eye, cameras and radar cannot. The lidar lineup,
SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett SpaceX founder Elon Musk said in a tweet late Thursday that “wild accusations”
12:41 PM ET BARCELONA, Spain — Carlos Sainz is concerned about the long-term health impact of racing the latest generation of Formula One cars after experiencing intense stiffness in his neck and back after races this year. New technical regulations for 2022 have opened up the possibility of generating immense amounts of downforce from the
Rules. Every racing series from quarter midget to NASCAR to IndyCar requires teams to adhere to what seems like a byzantine labyrinth of rules. The requirements — which govern everything from the size, thickness and placement of decals to the engine’s size and power output — help ensure cars from different teams are close to
As the summer driving season nears, gasoline prices show no signs of slowing down. The national average for unleaded gas hit a new high of $4.59 per gallon Thursday, according to AAA. For the first time ever, the average price was $4 per gallon or above in all 50 states this week, AAA data shows. Last year at
7:14 PM ET Associated Press INDIANAPOLIS — Jimmie Johnson set his alarm for 5:48 a.m. — he uses the number 48 in nearly all his mundane activities — hoping to get a workout in before opening day at Indianapolis Motor Speedway. Excitement got the best of him. Johnson awoke 15 minutes before his alarm went
Honda’s all-electric Prologue crossover is taking shape as the automaker prepares for an electrified future that targets half a million EV sales in North America by 2050. The 2024 Prologue, Honda’s first volume EV, will leverage General Motors’ Ultium platform and batteries as part of a partnership between the two automakers. Honda has said it
In this article TWTR Trump advisor Steve Bannon (L) watches as President Donald Trump greets Elon Musk, SpaceX and Tesla CEO, before a policy and strategy forum with executives in the State Dining Room of the White House February 3, 2017 in Washington, DC. Brendan Smialowski | AFP | Getty Images Elon Musk said twice
9:40 AM ET The storyline surrounding Mercedes ahead of each race this season has been the same: will this be the weekend the reigning F1 world champions finally unlock the potential of their car? Yet with almost a quarter of the season complete, increasingly the question is whether the potential is there at all and
Volkswagen Commercial Vehicles has announced that prices for the ID Buzz electric van will start at 54,430 euros ($57,220) in Germany for the Cargo version and 64,581 euros ($67,891) for the five-seat passenger Pro version. Orders will open on Friday for the Buzz, with retro styling that evokes the original air-cooled, rear-engine VW Kombi (or
In this article TSLA An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images The S&P 500 booted electric vehicle maker Tesla from its ESG Index in an annual rebalancing. Meanwhile, Apple, Microsoft, Amazon and even oil and gas multinational Exxon Mobil were included on
7:21 PM ET Associated Press INDIANAPOLIS — Two-time Indianapolis 500 winner Takuma Sato shot to the top of the speed chart late Tuesday on the first day of preparations for “The Great American Race.” Sato went 228.939 miles per hour (368.44 kph) around Indianapolis Motor Speedway to bump six-time IndyCar champion Scott Dixon as fastest
BERLIN — Mercedes-Benz will incorporate a new, highly energy-dense battery in its upcoming electric G-Class from 2025, a solution to the problem of how to power large electric cars without weighing them down with heavy batteries. The battery, made by start-up Sila Nanotechnologies, uses silicon-based anodes and is 20 percent to 40 percent more energy
In this article 7203.T-JP TSLA VOW3-DE GM F One of Toyota’s Sora busess photographed in Japan on Nov. 5, 2021. Toyota started working on the development of fuel-cell vehicles back in 1992. Korekore | Istock Editorial | Getty Images Toyota Motor Europe, CaetanoBus and Air Liquide have signed an agreement related to the development of
8:55 AM ET Formula One is right to ban jewellery from the cockpit but the governing FIA could have enforced the rule in a less confrontational way, according to Grand Prix Drivers’ Association (GPDA) chairman Alex Wurz. Seven-time world champion Lewis Hamilton and the FIA were in a standoff at this month’s Miami Grand Prix