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In this article GM GM President Mark Reuss announces a $2.2 billion investment in the automaker’s Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020. Michael Wayland / CNBC DETROIT – General Motors is creating a new China-based premium import business focused on sales of high-margin, “iconic vehicles”
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8:52 PM ET Associated Press HAMPTON, Ga. — William Byron had a freight train in his rearview mirror. A sitting duck, it seemed. Fortunately for him, all those challengers started jostling against each other rather than working together to take down the leader. While Byron cruised to the checkered flag for the third victory of
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Maserati’s transformation into a fully electric brand by 2030 is being accompanied by a more efficient and disciplined retail strategy. In 2021, the Italian luxury brand had to overhaul a distribution model that was leading to cars sitting at U.S. ports that weren’t assigned to dealerships yet. Under the old method, Maserati would order vehicles
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5:21 PM ET Kevin Magnussen described his Formula One comeback as a crazy roller-coaster ride after qualifying his Haas a sensational seventh for Sunday’s season-opening Bahrain Grand Prix. The only team that failed to score a point last year suddenly look like top 10 runners and Magnussen, drafted in as a late replacement for sacked
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9:36 AM ET Racing’s governing body the FIA has said “human error” contributed to the controversial finish at last year’s Abu Dhabi Grand Prix but insisted former race director Michael Masi acted in good faith throughout. Masi incorrectly applied the Safety Car procedure at the end of the title decider between Max Verstappen and Lewis
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A car buyer may never see crash test dummies, but they are a crucial piece of what keeps pushing automotive safety forward. The latest crash test dummies are loaded with sensors and new tech, and they can cost $1 million. Major automakers and suppliers can have fleets of dozens of dummies. New dummies are also
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Energy Secretary Jennifer Granholm and Sen. Joe Manchin, D.-W.Va., on Friday announced  a program to develop lithium batteries in the U.S. as part of a broader strategy to help Appalachia amid a transition away from coal. Lithium-based batteries are critical components of electric vehicles, grid storage and weapons, but the U.S. relies on international markets
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The first two-seater electric Porsche will be a 718, executives confirmed on a video call with reporters. Drivers can also expect a hybrid version of the Porsche 911, Oliver Blume, Porsche’s CEO, said Thursday. But Blume did not specify when the production hybrid, which would use full rather than plug-in hybrid technology, would begin. The
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1:53 PM ET Associated Press SEBRING, Fla. — NASCAR and Hendrick Motorsports have partnered on an effort to enter the 24 Hours of Le Mans next year with a modified version of its new Next Gen car. The collaborative effort announced Thursday at Sebring International Raceway seeks the “Garage 56” entry, which was created in
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Small public auto retailer LMP Automotive Holdings Inc. plans to sell the corporate jet it bought in the fall. The Fort Lauderdale, Fla., retailer with eight franchised dealerships and four used-vehicle stores, and which said in February that it was exploring strategic options including a possible sale of the company, in a Wednesday regulatory filing
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Getty Images DETROIT – Audi expects the war in Ukraine to cause “tremendous interference” to the global supply chain, an executive with the German luxury brand said Thursday. The comments come as automakers globally, including Audi and its Volkswagen parent company, attempt to maintain supply chains of crucial parts such as semiconductor chips and wire
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4:54 PM ET Associated Press Pato O’Ward scored his first career IndyCar win a year ago at Texas Motor Speedway and was rewarded for it with a Formula One test with McLaren. Now as he returns to his de facto home track for Sunday’s race, O’Ward’s bright future has suddenly become very cloudy. He’s got
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A closely watched auto-industry forecaster lopped more than 5 million cars off its projections for global production this year and next, largely due to fallout expected from Russia’s invasion of Ukraine. S&P Global Mobility, formerly known as IHS Markit, lowered its 2022 and 2023 estimates each by 2.6 million vehicles. The forecaster now expects auto
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9:59 AM ET Nate Saunders Close F1 Associate Editor • Previously worked in rugby union and British Superbikes • History graduate from Reading University• Joined ESPNF1 in February 2014 Laurence Edmondson Close F1 Editor • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Struggling with who to support in Formula One this year? This is the guide
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Citing insufficient evidence, authorities declined to file charges against a Miami Shores, Fla., dealership finance manager arrested on suspicion of identity theft. Tropical Chevrolet Finance Manager Sofia Pinedo, 31, was arrested by the Miami Shores Police Department in February after Jennifer Umanzor reported appearing as a co-signer on an ex-boyfriend’s 2016 Porsche Macan without authorization,
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8:16 AM ET Ahead of this weekend’s Bahrain Grand Prix, Formula One has been accused of ignoring human rights abuses in the country and having a “clear double standard” about where it decides it should and should not host races. The Bahrain Institute for Rights and Democracy (Bird) said F1 has “abandoned those who have
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