When a way to display digital advertising on racecars was pitched to McLaren, team officials were concerned it was just a gimmick. Brand logos are already on cars, but this new method allows teams to show additional ads because they appear on panels mounted on the side of the cockpit and are visible to home… Continue reading Formula 1 Finds a New Way to Advertise on Its Cars
Author: New York Times Online News
Volkswagen Sells Its Russia Operations, Including an Assembly Plant
Volkswagen has sold its assembly plant and other operations in Russia to a local auto dealership, more than a year after the German carmaker ceased production in the country following the invasion of Ukraine, the company said on Friday. Under the deal, which required approval from the Russian government, a Moscow-based dealership called Avilon acquired… Continue reading Volkswagen Sells Its Russia Operations, Including an Assembly Plant
A Stunning Comeback for Fernando Alonso in Formula 1
In 2018, after 17 seasons of dedicating his life to Formula 1, Fernando Alonso had enough. With two world titles and 32 Grand Prix victories, he walked away, albeit unfulfilled. It had been 12 years since he was crowned champion and five since he had won a race. “When I finished, it was on a… Continue reading A Stunning Comeback for Fernando Alonso in Formula 1
It’s Been a Red Bull Season
Formula 1 has become the Red Bull roadshow. It has won all five Grands Prix this season, four of them one-two finishes, and has amassed 224 points from a possible 235. “That race pace advantage, I think, is quite big at the moment,” said the reigning champion Max Verstappen of Red Bull, after winning the… Continue reading It’s Been a Red Bull Season
Formula 1 Rules Under Scrutiny After a Pileup in Australia
After the legendary driver Ayrton Senna died during the 1994 San Marino Grand Prix, the sport’s rules on car design and safety strikingly changed. Now, Formula 1’s rules and the decisions of the F.I.A., the sport’s governing body, are rarely out of the spotlight. The sport had acted quickly in response to losing its biggest… Continue reading Formula 1 Rules Under Scrutiny After a Pileup in Australia
As EV Sales Pick up Pace, Electric Commercial Fleets Lag
Not long after buying a Ford E-Transit van for his plumbing business last November, Mitch Smedley sat down with some receipts and a calculator to figure out how much the electric vehicle was saving him on fuel expenses. A few minutes of number crunching showed he was spending about $110 to $140 a week on… Continue reading As EV Sales Pick up Pace, Electric Commercial Fleets Lag
Musk Warns Tesla Shareholders to Expect “Challenging” Year
Elon Musk, the chief executive of Tesla, warned shareholders Tuesday to expect a difficult year because of an unsteady global economy and high interest rates. “This is going to be a challenging 12 months,” Mr. Musk said at Tesla’s annual shareholder meeting. He added, “Tesla is not immune to the global economic environment.” Mr. Musk’s… Continue reading Musk Warns Tesla Shareholders to Expect “Challenging” Year
Auto-Industry Group Assails Biden’s Plan to Electrify America’s Cars
But last year, all-electric vehicles accounted for just 5.8 percent of new cars sold in the United States. Mr. Biden last year signed a law designed to encourage Americans to buy more electric vehicles by providing up to $7,500 in tax credits to purchasers, but many foreign-made vehicles aren’t eligible for the tax credits. Experts… Continue reading Auto-Industry Group Assails Biden’s Plan to Electrify America’s Cars
At 24 Hours of Le Mans, Toyota Faces New Challengers
For the first time since 2017, the 24 Hours of Le Mans in France will feature a handful of cars from the major automakers this weekend, competing for the top prize. Toyota, which has won the last five years as the only big automaker, now faces a crowded field. Fighting for overall victory will also… Continue reading At 24 Hours of Le Mans, Toyota Faces New Challengers
Charles Leclerc and His Brother Arthur Return to Race at Monaco
Monaco Grand Prix fans who are from the principality have become accustomed to watching one of their own, Charles Leclerc of Ferrari, who was born in Monaco, compete in the race. At this year’s event, there will be two locals, as Arthur Leclerc, Charles’s younger brother, races there in Formula 2 on Saturday. “It’s a… Continue reading Charles Leclerc and His Brother Arthur Return to Race at Monaco