In this article F Visitors check on a Ford Mustang Mach-E electric vehicle displayed at a launch event in Shanghai, China April 13, 2021. Yilei Sun | Reuters DETROIT – Ford Motor is hiking the starting prices of its electric Mustang Mach-E crossover by more than $8,000 for some models, as it reopens order banks
12:53 PM ET Lando Norris said he has no sympathy for the struggles which led to teammate Daniel Ricciardo’s early departure from McLaren. On Wednesday, Ricciardo and McLaren confirmed they will part ways at the end of 2022, one year before his contract was due to expire. McLaren’s decision was ultimately prompted by Ricciardo’s disappointing
VANCE, Ala. — Mercedes-Benz’s U.S. assembly plant, which has been building gasoline-powered trucks for 25 years, could switch to all-electric vehicle production as early as 2025, the luxury brand’s global production chief Jörg Burzer told Automotive News Thursday. It’s a bold bet on EV adoption in the U.S. and worldwide. Mercedes’ 6 million-square-foot factory in
California, the country’s most populous state and the center of U.S. car culture, is banning the sale of new gasoline-powered vehicles starting in 2035, marking a historic step in the state’s battle against climate change. The rule, issued by the California Air Resources Board on Thursday, will force automakers to speed up production of cleaner
7:36 AM ET The Belgian Grand Prix‘s Formula One future after Sunday’s race is yet to be decided but reports of its demise may be premature, the sport’s chief executive Stefano Domenicali indicated on Wednesday. The 2023 calendar is due to be published in October and is set to feature a record 24 races, with
Mercedes-Benz on Thursday flipped the switch on a critical initiative in its attempt to catch up to EV front-runner Tesla. The German luxury automaker announced the start of production of its first U.S.-made electric crossover — a battery-powered version of the GLS SUV. Mercedes’ 6-million-square-foot assembly plant in Vance, Ala., will supply global output of
Ultra-wealthy buyers of supercars show no signs of slowing their spending despite recession fears, according to the CEO of Bugatti Rimac. Mate Rimac said demand for the company’s all-electric Rimac supercars and its combustion-engine Bugattis remains strong, and may even be accelerating. “We don’t see any slowdown at the moment, quite the opposite,” he said.
2:52 PM ET McLaren team principal Andreas Seidl has said he is willing to shoulder some of the responsibility for Daniel Ricciardo’s struggle to secure results in the past two seasons, which ultimately led to the team’s decision to terminate the Australian’s contract one year early. On Wednesday, McLaren confirmed Ricciardo’s departure at the end
In this article 9868-HK TSLA A new Xpeng P7 car is shown in the Xpeng Motors flagship store in a shopping mall. Xpeng P7 is one of the two popular models of Xpeng motors. Zhang Peng | LightRocket | Getty Images Chinese electric carmaker Xpeng teased details about two new vehicles it plans to release
GM Financial will replace its General Motors-branded finance-and-insurance product portfolio in the fourth quarter with a new lineup developed with Safe-Guard Products International. Safe-Guard will replace the Amynta Group as GM Protection’s white-label F&I product partner. Amynta did not respond to a request for comment. “We’re out talking to dealers right now,” GM Financial Senior
10:24 AM ET The future of Daniel Ricciardo’s Formula One career has never looked so uncertain. On Wednesday, he and McLaren confirmed they will part company at the end of 2022, one year before his contract was due to expire. It’s a remarkable turn of events for one of F1’s most talented and popular drivers.
China’s power crisis is affecting electric-car owners, with automakers including Tesla Inc. and Nio Inc. suspending some charging facilities. User apps show charging stations are down in Chengdu in Sichuan province — where the nation’s worst drought since the 1960s has slashed hydropower generation at the same time a punishing heatwave has sent electricity
In this article TSLA 17 May 2021, Brandenburg, Grünheide: Elon Musk, Tesla CEO, stands on the construction site of the Tesla factory and greets with his hard hat. Picture Alliance | Picture Alliance | Getty Images Investors in Elon Musk‘s electric vehicle company will get two additional Tesla shares after the market close on Wednesday.
3:43 PM ET Associated Press DARLINGTON, S.C. — Dawn Staley will be out front again, this time at Darlington Raceway. South Carolina’s two-time national women’s championship coach will drive the pace car for the first race of the NASCAR Cup Series playoffs – the Southern 500 on Sept. 4. Staley attended the event in 2017
Mercedes-Benz Group and Volkswagen Group on Tuesday signed deals with the Canadian government to secure access to Canada’s large stores of key battery materials such as lithium, cobalt, nickel and graphite, as the German companies compete for scarce supplies of raw materials with other automakers shifting to electric vehicles. Markus Schaefer, chief technology officer at
Wealthy car collectors shrugged off recession worries and spent over $460 million at classic car auctions in Monterey this weekend, according to insurance and lifestyle company Hagerty. Over 790 cars sold at an average price of $590,700 at the auctions between Thursday night and Monday morning for a weekend total of $469 million, according Hagerty.
WASHINGTON — Hyundai Motor America and Kia America are recalling more than 280,000 U.S. vehicles because of an issue with the tow hitch harness that may lead to a fire while parked or driving. The recall covers about 245,030 Hyundai Palisade and 36,417 Kia Telluride large crossovers, both from the 2020-22 model years. A “stop
Car and truck dashboards used to be filled with buttons, switches and knobs — controls someone could operate without looking at them. But touch screens have all but totally taken over the vehicle market. Critics say they are dangerous and annoying. Industry insiders don’t think they are going anywhere. According to industry forecaster S&P Global