News

5:55 AM ET Top Indian driver, Jehan Daruvala has teamed up with reigning champions Prema Racing for a third year in the FIA Formula 2 Championships, a make or break season for his Formula 1 dream. The 23-year-old from Mumbai will also remain a part of the Red Bull Junior Team for the third successive
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Polestar’s plan to go public this year via a merger with the special-purpose acquisition company Gores Guggenheim forced the Volvo Cars subsidiary to do something it had declined to do since it was born in 2017: provide detailed sales and financial targets. Polestar CEO Thomas Ingenlath said that revealing the electric car maker’s midterm plan
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7:20 AM ET Aston Martin have named Mike Krack as its team principal following the departure of Otmar Szafnauer, the Formula One team announced on Friday. Krack joins from BMW, where he led the German manufacturer’s global motorsport division. He has worked previously in F1 with Swiss-based Sauber. The move means he will work again
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11:44 AM ET Lewis Hamilton and Mercedes will have to wait until March 18, two days before the start of the 2022 season, to discover the outcome of the FIA’s investigation into last year’s title-deciding Abu Dhabi Grand Prix. Max Verstappen beat Hamilton to the title in controversial circumstances on Dec. 12, with FIA race
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11:57 AM ET Executive director Marcin Budkowski has left the Renault-owned Alpine Formula One team, where he effectively ran day-to-day operations, with immediate effect. Alpine said in a statement on Thursday that chief executive Laurent Rossi would temporarily step in to ensure preparations for next season continued smoothly. Budkowski has been linked with rivals Aston
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Self-driving shuttle manufacturer Local Motors will shutter operations on Friday, according to multiple executives. Though no formal announcement was made, several employees with the company, which produced the Olli shuttle — accessible for people with disabilities — among other vehicles, detailed the company’s demise on social media Thursday. Two Local Motors employees later confirmed the
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By purchasing software firm Wind River for $4.3 billion in cash, supplier Aptiv Inc. is not only gaining technology it will need as vehicles become more software-driven. It will also be adding a staff that includes more than 1,000 technical employees at a time when software developers, engineers, data analysts and other high-skilled labor have
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Pallets of depleted lithium-ion batteries at JB Straubel’s Redwood Materials are ready for recycling. Tesla co-founder JB Straubel, founder and CEO of battery recycling firm Redwood Materials, has good news and bad news for those who believe electric vehicle sales are primed to take off.  Straubel says demand is picking up, but the auto industry isn’t
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9:43 AM ET Turkey’s Cem Bolukbasi will race in Formula Two this season, becoming the first gamer to go from F1 Esports to the Formula One feeder series. The 23-year-old told a news conference in Istanbul on Wednesday that he had signed a deal with Czech-based Charouz Racing System and had the ultimate goal of
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California is evaluating whether Tesla Inc.’s self-driving tests require regulatory oversight, following “videos showing a dangerous use of that technology” and federal investigations into Tesla vehicle crashes, a state regulator said. The California Department of Motor Vehicles had said that Tesla’s “full self-driving,” or FSD, beta requires human intervention and therefore is not subject to
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General Motors will make an appearance in the Super Bowl for the third straight year. The automaker confirmed it has bought ad time for the Feb. 13 game but declined to provide details. Last year GM ran two spots in the game: one corporate spot from McCann plugging its electric vehicle ambitions and another ad
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12:58 PM ET Juan Pablo Montoya will rejoin Arrow McLaren in a bid to complete an Indianapolis 500 hat-trick of wins, the IndyCar team said on Tuesday. Montoya, winner at the Brickyard in 2000 and 2015, drove for Arrow McLaren at last year’s Indy 500, finishing ninth. 1 Related “Juan Pablo is an institution in
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DETROIT — General Motors this spring will launch CarBravo, a shopping platform designed to boost used-vehicle sales through GM dealerships, the automaker said Tuesday. “CarBravo will give customers more choice and access to shop significantly expanded inventories of both the dealer and a national central stock of GM used vehicles. Importantly, the program features will
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DETROIT — General Motors said it has launched a three-tier credit rewards program and a new My GM Rewards Credit Card for Cadillac, Chevrolet, Buick and GMC customers. GM on Monday said the new card and updated program will enhance the ownership experience and can eventually be used on in-vehicle software purchases, as the automaker
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