Month: February 2021

Porsche will participate in a financing round of Rimac Automobili that will see the electric supercar maker raise 130 million to 150 million euros ($157 million to $181 million), Mate Rimac told Automotive News Europe sister publication Automobilwoche. The strategic investment should be completed in two to three months, Rimac, who founded the electric supercar
0 Comments
DETROIT — Fiat Chrysler Automobiles contacted the Cherokee Nation last summer about setting up an educational program for its employees. It was supposed to be a cultural enrichment endeavor to shine a light on the people whose name has been attached to one of Jeep’s most popular vehicles for nearly 50 years. The event didn’t
0 Comments
11:23 AM ET Associated Press HELSINKI — Hannu Mikkola, the 1983 rally world champion and one of Finland’s rally greats who earned the nickname the “Flying Finn” and international renown in a driving career spanning more than 30 years, has died. He was 78. Mikkola’s son Vesa Mikkola, a former rally driver, tweeted Saturday that
0 Comments
Toyota’s decision to add at least a third plug-in hybrid nameplate to its U.S. lineup next year bucks an industry trend that has seen other automakers pull back their PHEV offerings as full battery-electric vehicles proliferate. The industry fall-off in plug-ins might be because of the vehicles’ added cost and complexity or the fact that
0 Comments
Fisker’s new full-electric car developed with Apple partner Foxconn Technology Group will be an affordable five-seater that will have the same broad appeal as the original Mini and Volkswagen Beetle, CEO Henrik Fisker said. Fisker and Taiwan’s Foxconn on Wednesday announced a partnership for Foxconn to build a car targeted at markets including North America,
0 Comments
As international travel restrictions continue, millions of Brits are jumping in their cars for UK-based staycations this summer – spending a collective £462million on fuel. With the nation preparing for Bank Holiday weekend getaways, research from EDF revealed 77% of holiday-makers will make their staycation journey in a petrol / diesel car – travelling an
0 Comments
The strategy for the 2011 Challenger SRT8 is simple: more power. Read the full story here: http://www.motortrend.com/roadtests/coupes/1011_2011_dodge_challenger_srt8_392_test/index.html Also find Motor Trend on: Tweets by motor_trend http://facebook.com/MotorTrendMag Shot by: Duane Sempson & Gordon Green Edited by: Duane Sempson
0 Comments
In committing billions of dollars to their Ontario assembly plants, the Detroit 3 have signaled that they see Canada as central to their electrification plans — thanks in part to enhanced government incentives. In January, General Motors committed to a $781 million investment in CAMI Assembly in Ingersoll, Ontario, to build its new BrightDrop EV600
0 Comments
Range anxiety remains a potential roadblock to the widespread adoption of electric vehicles. It’s a situation brought into sharp relief during disasters such as the recent power outages in Texas, which may keep drivers from accessing charging stations, thus limiting their ability to travel long distances to evacuate stricken areas. A J.D. Power survey issued
0 Comments
It’s been a year of storms for Greg Luther. The first one hit his immune system in January, when the body shop director at Helfman Dodge-Chrysler-Jeep-Ram-Fiat in Houston missed three weeks of work after contracting COVID-19. Luther had to stave off severe headaches and congestion while losing his abilities to taste and smell. He was
0 Comments
Charles Munger, vice chairman of Berkshire Hathaway Inc. Jonathan Alcorn | Bloomberg | Getty Images Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy. During an interview at the Daily Journal’s annual shareholder’s meeting, Munger was asked
0 Comments
9:57 AM ET Formula One champion Lewis Hamilton says he will never stop pushing in the fight for equality. . Hamilton led F1’s pre-race demonstrations promoting equality in 2020, kneeling ahead of every race with a group of other drivers. Thirteen of the 20 drivers knelt throughout the year. Hamilton will continue using his platform
0 Comments