Prime Minister Rishi Sunak, who has taken on the unenviable task of restoring Britain’s credibility in international markets, said on Wednesday that he would delay the announcement of a major economic plan by two and a half weeks as he seeks more time to make the “right decisions.” Jeremy Hunt, the chancellor of the Exchequer,… Continue reading Rishi Sunak, New UK Prime Minister, Delays Economic Plan
Category: Automotive
An F1 Driver Is Not Alone in the Cockpit During a Race
Bell Helmets, which supplies 12 of the 20 Formula 1 drivers, provides them with three helmets for each race weekend. Over a season, drivers may use as many as 25. Helmets can be reused, but “everything has to be as light as possible, so if there is a stone chip, we are not going to… Continue reading An F1 Driver Is Not Alone in the Cockpit During a Race
Max Verstappen Is the F1 Champion. So, What About Next Year?
Max Verstappen barely had time to enjoy winning a second Formula 1 title when he was asked about the possibility of adding a third in 2023. With new aerodynamic regulations this year, Verstappen has dominated, winning 12 of 18 Grands Prix to become the second-youngest driver in Formula 1 history to attain two championships at… Continue reading Max Verstappen Is the F1 Champion. So, What About Next Year?
Tesla Reports Strong Profit in Third Quarter on Soaring Sales
Tesla on Wednesday reported a big jump in its quarterly profit as sales of its electric cars soared in the three months that ended in September. The electric carmaker said it made $3.3 billion in the third quarter, up from $1.6 billion in the same period a year earlier and nearly matching the record profit… Continue reading Tesla Reports Strong Profit in Third Quarter on Soaring Sales
E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies
Democrats pushed through climate change legislation this year that earmarked tens of billions of dollars to create a U.S. supply chain for electric vehicles. Republicans and the states they represent are poised to cash in on much of the political and economic windfall. For Republican members of Congress, none of whom voted for the climate… Continue reading E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies
iPhone users can share car keys in Wallet with non-iPhone users
Apple iPhone users with iOS 16.1 software can now share car keys in their Wallet with non-iPhone users, starting with Google Pixel devices. In the future, that capability will extend to other devices with Android 12+, according to Apple. Apple says it has been working with the Internet Engineering Task Force and other industry players… Continue reading iPhone users can share car keys in Wallet with non-iPhone users
Canoo sends its EV pickup truck to the US Army for testing
Canoo, the beleaguered EV startup-turned-SPAC, has delivered its first “Light Tactical Vehicle” to the U.S. Army for a demonstration project aimed at showing how its modular electric platform can support mission-specific configurations for less money. Canoo has landed orders for its customizable platforms with a variety of customers, ranging from NASA to Walmart. The U.S. Army,… Continue reading Canoo sends its EV pickup truck to the US Army for testing
Seaspan Announces Summons for Bondholders’ Meeting
LONDON, Dec. 1, 2022 /PRNewswire/ – Seaspan Corporation (“Seaspan” or the “Company”) a wholly owned subsidiary of Atlas Corp. (“Atlas”), has today instructed Nordic Trustee to summon a bondholders’ meeting for 16 December 2022 for the Company’s senior unsecured bonds maturing in April 2026 (ISIN NO 0010981939). The purpose of the meeting is to consider… Continue reading Seaspan Announces Summons for Bondholders’ Meeting
Group 1 Automotive Acquires Mercedes-Benz Dealership in Anaheim, California
– Expected to Generate $200 Million in Annual Revenues HOUSTON, Dec. 1, 2022 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced the expansion of its U.S. operations with the acquisition of Mercedes-Benz and Sprinter… Continue reading Group 1 Automotive Acquires Mercedes-Benz Dealership in Anaheim, California
Electrifying New Immersive Wine and Food Experience at the Brink of Niagara Falls
Niagara Icewine Festival and Niagara Parks team up to offer all-new Cool As Ice immersive experience at Niagara Parks Power Station on January 14, 2023 All-inclusive tickets include admission to one of Niagara Falls’ most exciting new attractions, incredible wines, cocktails and foods, live entertainment, dancing and event parking Purchase tickets through December 4 for… Continue reading Electrifying New Immersive Wine and Food Experience at the Brink of Niagara Falls