Auto racing has helped sell products from Budweiser to Viagra, motor oil to Martini & Rossi, and seemingly every gasoline and cigarette brand. Now, with Formula 1 making huge inroads in the United States — supercharged by the hit Netflix documentary series “Drive to Survive” — we’ll see if it can sell Aston Martins. Lawrence… Continue reading Aston Martin Wants to Win and to Sell Cars, Too
Author: New York Times Online News
Ford’s Profit Jumped in Second Quarter
Ford Motor earned $1.9 billion from April to June, up from $667 million a year earlier, the company said on Thursday. Robust sales of gasoline-powered trucks and sport-utility vehicles more than offset a substantial loss on electric models. The automaker reported revenue of $45 billion, up 12 percent from a year earlier, and said it… Continue reading Ford’s Profit Jumped in Second Quarter
F1 Academy Picks Up Where the W Series Left Off
It has been 47 years since a woman drove in a Formula 1 Grand Prix, when Lella Lombardi of Italy finished 12th at the Austrian Grand Prix in 1976. In 2019, the all-female W Series started in an attempt to provide a way to get women behind the wheel, but it collapsed in June without… Continue reading F1 Academy Picks Up Where the W Series Left Off
United Auto Workers Open Contract Talks in Detroit
The three Detroit automakers and the United Auto Workers union have begun negotiating a new labor contract in what could become the most contentious talks between the two sides in perhaps half a century. The discussions, which formally started on Thursday, come as General Motors, Ford Motor and Stellantis have posted a long streak of… Continue reading United Auto Workers Open Contract Talks in Detroit
The Big Number: 19
G.M. said it had sold 691,978 vehicles from April through June — a 19 percent jump from a year earlier. Like other automakers, G.M. faced shortages of computer chips and other parts in the pandemic, which sent up the cost of vehicles, forced factories to shut down and left car dealers with sparse lots. Sales… Continue reading The Big Number: 19
Silverstone, a Storied F1 Track, Wants to Continue Its Tale
Silverstone, host of the British Grand Prix this weekend, is very popular with the people who matter most in Formula 1: the drivers. The 3.7-mile course built around a former Royal Air Force base features many high-speed corners, which provide the thrill that those behind the wheel seek. “It has the best layout,” Lewis Hamilton, the… Continue reading Silverstone, a Storied F1 Track, Wants to Continue Its Tale
Mercedes’ F1 Performance Improves After Adjustments to Its Racecar
After qualifying was finished for the season-opening Bahrain Grand Prix in March, Toto Wolff, the Mercedes team principal, condemned his own car. Lewis Hamilton and George Russell, the team’s drivers, had finished over six-tenths of a second behind the leading time set by the reigning champion, Max Verstappen of Red Bull, which is a huge… Continue reading Mercedes’ F1 Performance Improves After Adjustments to Its Racecar
F1 Teams Are Already Working on the Power Units Coming in 2026
Formula 1’s 2023 season isn’t even half over, but manufacturers are already working on 2026. That is when revised power-unit regulations, running through 2030, will take effect. It will be the biggest overhaul to the rules since the introduction of 1.6-liter V6 turbocharged engines in 2014. There will be more manufacturers and a step toward… Continue reading F1 Teams Are Already Working on the Power Units Coming in 2026
Why Car Repairs Have Become So Expensive
New cars and trucks are packed with sensors and technology that protect and pamper drivers and passengers. But those features are also raising the cost of repairs after accidents. The average cost of making damaged cars good as new has soared 36 percent since 2018, and may top $5,000 by the end of this year,… Continue reading Why Car Repairs Have Become So Expensive
Tesla’s Second Quarter Sales and Deliveries Rise as Tax Credits Fuel Demand
Tesla sales rose a better-than-expected 10 percent in the second quarter as the company led by Elon Musk benefited from government incentives and price cuts that made its electric cars less expensive than comparable gasoline models. Tesla delivered 466,000 vehicles from April through June, up from 423,000 vehicles in the previous quarter, the company said… Continue reading Tesla’s Second Quarter Sales and Deliveries Rise as Tax Credits Fuel Demand