Category: US Motoring Press

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

Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan

Ford Motor and its battery manufacturing partner will receive a $9.2 billion loan to build three battery factories in Kentucky and Tennessee, the Department of Energy said Thursday. The loan is the single biggest financial commitment the Biden administration has made in its effort to build an electric vehicle manufacturing network in the United States.… Continue reading Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan

GM’s Electric Vehicles Will Use Tesla’s Charging Network

General Motors said on Thursday that it would adopt Tesla technology to charge its electric vehicles, including selling models that use the plugs pioneered by Tesla. The announcement, two weeks after Ford struck a comparable agreement, is likely to make Tesla’s plugs the industry standard and squeeze companies that are racing to build similar networks… Continue reading GM’s Electric Vehicles Will Use Tesla’s Charging Network

24 Hours of Le Mans: 100 Years of Endurance and Innovation

This year marks the 100th anniversary of the 24 Hours of Le Mans, which was first held in May 1923 to help spur innovation in the growing automotive industry by emphasizing not just speed, but also efficiency, reliability and endurance. “It is a very demanding race, and the greatest race,” said Tom Kristensen, who has… Continue reading 24 Hours of Le Mans: 100 Years of Endurance and Innovation

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

At 24 Hours of Le Mans, NASCAR Is Out of Its Element

When the possibility of a NASCAR Cup Series car competing in the 24 Hours of Le Mans endurance race was first discussed two years ago, there was some surprise. “I talked to a few people, traditional sports-car folks and traditional racing folks, and when I told them about the project, they were scratching their head… Continue reading At 24 Hours of Le Mans, NASCAR Is Out of Its Element

New UK battery factory to be built by Jaguar Land Rover owner Tata

A deal for a new UK factory making EV batteries at Bridgewater in Somerset will be announced by Indian conglomerate Tata and the UK Government within days, according to reports. The company, which also owns Jaguar Land Rover, is said to have picked the West Country site in spite of stiff competition from elsewhere in… Continue reading New UK battery factory to be built by Jaguar Land Rover owner Tata

A key bank stock soars, but Cramer sticks to his discipline

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Watch Morgan Stanley Hold Eli Lilly Buy Ford 1. Watch Morgan Stanley Bank stocks climbed higher Tuesday, as Club holding Morgan Stanley (MS) delivered an earnings beat. Equities more broadly… Continue reading A key bank stock soars, but Cramer sticks to his discipline