Mercedes-Benz and Volvo Cars are suspending operations at U.S. plants in South Carolina ahead of the arrival of a storm that has already caused massive destruction as well as least seven deaths in Florida. Volvo’s plant, which employs 1,500 people, stopped building the S60 at about 11 a.m. local time (5 p.m. CEST) on Thursday.
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4:14 PM ET Jimmie Johnson announced on Monday that he was stepping away from full-time racing. Adam Lacy/Icon Sportswire via Getty Images A man walks into an airport, walks up to the giant board titled “Departures,” and with a packed bag at his side, looks upon the dozens of cities listed, knowing that he can board
Cleveland Browns’ defensive end Myles Garrett has been fortunate to walk away without serious injuries after crashing his 2021 Porsche 911 Turbo S in Sharon Township, Ohio. Garrett was driving the Porsche on Monday afternoon with a female passenger onboard when the sports car left the road and came to a rest on a grass
Mercedes-Benz and Volvo, heeding Hurricane Ian’s potential impact, are idling their South Carolina plants ahead of the deadly storm’s predicted return to landfall. The Mercedes plant, near Charleston, S.C., has about 1,600 employees who build the Mercedes Sprinter and Metris vans. It will idle operations on Friday, Reuters reported. Volvo’s plant near Charleston in Ridgeville,
Automatic emergency braking has a lot of room for improvement. That’s the conclusion of a study released Thursday by AAA, which crash-tested four models with the feature from four automakers: the 2022 Chevrolet Equinox LT, 2022 Ford Explorer XLT, 2022 Honda CR-V and 2022 Toyota RAV4 LE. Rear-end crash performance, a test in which vehicles
In this article TM Follow your favorite stocksCREATE FREE ACCOUNT A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC LAS VEGAS – Toyota Motor is standing by its electric vehicle strategy, including hybrids like the Prius, following criticism by some investors and environmentalist groups that the
By Simon Alvarez Posted on September 28, 2022 GM’s Cruise driverless robotaxi service has been rolled out to San Francisco successfully, but the cars themselves have caused some headaches for motorists in the city. This is represented by several incidents involving Cruise’s driverless robotaxis causing issues in traffic due to technical difficulties. Just last week,
More and more automakers are turning to the tech giants to develop various in-car systems, providing owners with a level of technology familiarity. For example, we’ve seen many automakers use Google’s Android operating system and built-in apps for their own infotainment systems. The latest is BMW which said its next-generation voice assistant will use technology
Toyota’s global output rose for the first time in five months in August, led by gains in overseas markets — in particular Southeast Asia, where a COVID surge disrupted supply chains a year ago. The automaker made 766,683 vehicles in August, up 44 percent from a year earlier, according to a statement Thursday. Global sales
7:45 AM ET Gabriel Tan With an ice-cool gaze and a remarkable ability to keep calm in high-pressure situations, Valtteri Bottas is not unlike other famous Finns that have come before him in Formula 1. Of course, there is Mika Hakkinen, can boast winning back-to-back world titles in 1998-99 at a time when Michael Schumacher
U.S. light-vehicle sales remain in lower gear as the third quarter winds down, while slumping consumer sentiment threatens a further downshift. Cox Automotive on Wednesday cut its full-year new-vehicle sales outlook to 13.7 million — down more than 9 percent from 2021 and the industry’s lowest tally in a decade. It’s the third time this
South Korean and U.S. officials are working toward a “concrete proposal” to resolve their differences over electric vehicle subsidies, South Korea’s trade minister told CNBC. “We’ve established a specific dialogue channel to address this particular issue, and we are glad that the U.S. government wholeheartedly engaged with us to rectify the problems,” Ahn Duk-geun told
Tesla Megapacks arrive in Hawaii with the state’s last coal shipment as it shifts its grid to renewables supported by energy storage enabled by batteries like the Megapacks. In the transition to a sustainable energy economy, we take every small victory we can get and this one is significant. Hawaii aims to reach 100% green
MILAN — Renault CEO Luca de Meo has resigned as a director at Italy’s biggest phone company, Telecom Italia, to focus on the automaker’s turnaround plan, the telecoms company said. De Meo’s resignation will be effective after Telecom Italia’s board of directors meeting scheduled on Thursday, TIM said, adding the company’s nomination committee will start
When it comes to brand loyalty, a recent study shows mainstream brand Ford and luxury brand Tesla are the most successful. S&P Global Mobility released its quarterly loyalty insights in a webinar titled “Loyalty viewed from a broad perspective” Tuesday. Loyalty is measured by the number of households that return to the vehicle market and
11:18 AM ET Associated Press Benjamin Pedersen is the first driver to land a promotion from Indy Lights into IndyCar as AJ Foyt Racing confirmed Wednesday he’ll be part of its 2023 lineup. Pedersen, a 23-year-old dual citizen of Denmark and the United States, spent last season running the full Indy Lights schedule for HMD
Volkswagen Group set the final listing price for Porsche at 82.50 euros per share, valuing the company at 75 billion euros ($73 billion) as it seeks to prove that the iconic sports-car brand can sidestep the slump in capital markets and pull off Europe’s largest initial public offering in a decade. A meeting of VW’s
DENVER — More than a decade ago, venture capitalist Marc Andreessen famously claimed, “Software is eating the world.” That trend certainly is reverberating through the automotive world. What was once a primarily atoms-focused hardware business is increasingly morphing into a bits-driven software and services one. Powertrain electrification and in-vehicle connectivity have turned cars into computers
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