PARIS — Renault’s revenue unexpectedly fell in the first quarter as the automaker lagged behind European peers in recovering from the pandemic. Sales fell 1.1 percent to 10 billion euros ($12.05 billion), the company said in a statement on Thursday. BMW and Daimler, by contrast, have reported better-than-expected preliminary results for the quarter. Renault’s reliance
Month: April 2021
3:37 PM ET Associated Press The Indianapolis 500 is set to be the largest sporting event in the world since the start of the pandemic with 135,000 spectators permitted to attend. “The Greatest Spectacle in Racing” next month. Indianapolis Motor Speedway said Wednesday it worked with the Marion County Public Health Department to determine that
A brand new Ferrari 812 GTS has likely been destroyed, or at least suffered severe damage, after rolling into a lake in Italy. Local media states that the Italian supercar was parked along the Via Achille Grandi roadway in the commune of Sirmione, Brescia in the north of the country. Just how did it end
Volkswagen has announced pricing for its new 2022 Taos subcompact crossover, with the base model starting at $2,250 less than the base model of the similarly sized Tiguan. The German brand said the base model front-wheel-drive Taos will start at $24,190 including delivery when it arrives in U.S. dealerships in June and will be available
In this article NIO XPEV Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC SHANGHAI — After the last year of growth in the world’s largest auto market, China’s electric car start-ups are stepping up plans to take on Europe. Chinese authorities only began peeling back restrictions on
MILAN — Ferrari unveiled initial details of its new supercar, the first of three new models it has promised for the coming months. An aggressive roll-out of new models, which was not delayed last year by the COVID-19 pandemic, has been a key part of the company’s recent strategy to support growth. Powered by a
The first of three phases of testing for the Hennessey Venom F5 is complete ahead of the supercar’s planned public debut at the Amelia Island Concours d’Elegance in May. Hennessey announced Tuesday that a test car hit 200 mph during aerodynamics testing. That speed—achieved on a 2.2-mile runway at a former United States Air Force
5:22 AM ET Lewis Hamilton said Derek Chauvin’s conviction shows the push to promote justice and equality for all is not in vain, while stressing that the “fight isn’t over”. Former Minneapolis police officer Chauvin was found guilty of second-degree unintentional murder, third-degree murder and second-degree manslaughter by a jury Tuesday for his role in
Yes, the May 2 race at Kansas Speedway will be called the Buschy McBusch Race 400. This proves, at the very least, that Busch and NASCAR are cooler than the UK Government. An homage to the famed Boaty McBoatface, the name was decided on by fans of NASCAR and Busch beer who voted on Twitter.
Tesla Inc.’s acting general counsel has left the electric-car maker for Luminar Technologies Inc., a laser-sensor startup that went public via reverse merger last year. Alan Prescott, who has been with Tesla for four years and became its top legal executive in December 2019, will be Luminar’s chief legal officer, the company said in a
GM’s Cadillac brand is going electric, as the automaker confirmed that every new vehicle will be all-electric starting now. Today, Cadillac unveiled the production version of the Lyriq, its first all-electric vehicle. Yesterday, the company held a virtual unveiling of the electric vehicle, during which it also announced plans to move the brand into only
In this article TSLA Pavlo Gonchar | LightRocket | Getty Images Tesla‘s longstanding vice president of legal and acting general counsel, Al Prescott, has left the electric vehicle and renewable energy company to join Luminar, a lidar start-up. The move is noteworthy in many ways. For one, Tesla CEO Elon Musk has long insisted that
WASHINGTON — Texas police will serve search warrants on Tesla on Tuesday to secure data from a fatal vehicle crash, a senior officer told Reuters on Monday, after CEO Elon Musk said company checks showed the car’s Autopilot driver assistance system was not engaged. Mark Herman, Harris County Constable Precinct 4, said evidence including witness
Tesla Inc. looks to be coming under increasing pressure in China with two government entities firing off missives about the company’s behavior and treatment of its customers in a single day. The trouble started early on Tuesday when China’s state-run Xinhua news agency released a piece that said the quality of Tesla’s EVs must meet
8:58 PM ET ESPN staff George Floyd’s murder — and the graphic footage that captured his final breaths — rocked athletes, coaches and executives throughout professional and amateur sports. With the country already on edge just a couple months into the COVID-19 pandemic, a viral video showed then-Minneapolis police officer Derek Chauvin kneeling on Floyd’s
A handful of images have hit the web showing what could very well be the first wrecked Ford Mustang Mach-E. The Mach-E hasn’t been in the hands of customers for very long and yet the driver of this Grabber Blue has already destroyed their all-electric SUV. It is understood that the Mach-E was involved in
Mexican supplier Nemak reported net income of $40 million in the first quarter, compared with a net loss of $14 million in the year-earlier period, and attributed the turnaround to cost-reduction initiatives and an improved product mix in its electric vehicle and structural applications segment. Revenue increased 15 percent to about $1.04 billion, up from
We realize that, for most Mustang Mach-E owners, EV charging will be a totally new process. So we put together this comprehensive charging deep-dive video to help Mustang Mach-E owners and enthusiasts better understand the process. Refueling with gasoline is easy, and there’s really only one way it’s done. However, EV charging isn’t quite as
Tesla looks to be coming under increasing pressure in China with two government entities firing off missives about the company’s behavior and treatment of its customers in a single day. The trouble started early on Tuesday when China’s state-run Xinhua news agency released an item that said the quality of Tesla’s EVs must meet market
I wrote last week about how — or even whether — franchised dealerships should counter messaging that their business model is outdated in advertisements from online used-vehicle sellers such as Carvana and Vroom. One reason that images such as the one portrayed in Vroom’s Super Bowl commercial — a car salesman threatening a would-be customer
“Edd China’s Workshop Diaries” seems to be gaining more traction than the television host’s previous YouTube efforts. The show has actually made it to a third episode, where China talks about building the world’s fastest electric ice cream van, while also continuing a 1982 Land Rover Range Rover project from the previous episode. As a
9:11 AM ET Mercedes believes it is still lagging behind rivals Red Bull on outright car performance this year, despite the team leading both drivers’ and constructors’ championships after the opening two rounds of the season. 1 Related After seven consecutive years of title success, Mercedes looks set for its toughest battle for the championship
The New York Police Department has released footage of a traffic stop that quickly went wrong on Saturday morning. Authorities state that two officers pulled over 44-year-old Lionel Virgile after he allegedly ran a red light. Body camera video from one of the officers shows him approaching Virgile’s car and speaking with him. Watch Also:
Federal prosecutors unsealed charges against two Italian nationals Tuesday for their alleged role in a conspiracy to defraud U.S. regulators and customers about the fuel efficiency of more than 100,000 diesel vehicles sold in the U.S. by Fiat Chrysler Automobiles. Sergio Pasini, 43, of Ferrera, Italy, and Gianluca Sabbioni, 55, of Sala Bolognese, Italy —
Would you mind terribly if I tapped the regenerative brakes a minute on the industry’s downhill run to an all-electric future? We’re speeding up in exactly the wrong direction, and without a slight course correction, we’re going to wind up on one of those runaway truck ramps with our wheels buried up to the axles
By Joey Klender Posted on April 20, 2021 The Chevrolet Bolt EV won U.S. News’ Best Electric Vehicle award for 2021, beating out notable competitors like the Tesla Model 3 and Model Y. As the automotive industry continues to transition toward electrification, U.S. News rolled out a list of its most highly-ranked electric and hybrid
General Motors Chairman and CEO Mary Barra on April 1, 2020 tours one of the company’s facilities in Warren, Michigan that will produce Level 1 face masks. GM DETROIT — General Motors is taking a surprisingly simple approach to its return to work strategy for employees: “Work appropriately.” That’s the message being conveyed Tuesday by
While the McLaren 720S Spider has been on the market for quite some time, Harry Metcalfe only recently had the opportunity to feature it on his YouTube channel. As always, his review is comprehensive and covers the exterior and interior design of the car before he heads out onto the street to see what it
MUNICH — BMW will build a prototype of a solid-state battery car before 2025, joining an accelerating race for a technology that promises to boost the power and range of electric vehicles. The automaker said its researchers are working “intensively” on solid state batteries, calling cell storage the central plank of its electric vehicle shift.
1:53 PM ET One day on from his collision with Valtteri Bottas at the Emilia Romagna Grand Prix, Williams driver George Russell has apologised for the way he handled himself after the accident. 1 Related Russell flatly blamed Bottas in the immediate aftermath of the high-speed accident, which saw both cars destroyed against the crash
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