Natalie Knight has a few, not-so-modest priorities for her new job at Stellantis. The company’s incoming chief financial officer said she wants to help the automaker double its sales, ensure “podium level” profitability and assist in the move to becoming a leader in electric vehicles going forward. While she’ll admittedly need to learn more about… Continue reading New Stellantis CFO Natalie Knight: Automaker has ‘big growth ambition’
Category: US Motoring Press
The story behind legendary Jeep’s name gives some fans the willies
ST. GEORGE, Utah — “Willis?” “Willie’s?” What’s in a name? People have debated the pronunciation of WWII icon Willys Jeep for decades, but the company that builds its direct descendant, the Jeep Wrangler, says, “Whatever you like. We’re good.” That’s the word from Jim Morrison, head of Jeep North America. I asked just after he showed… Continue reading The story behind legendary Jeep’s name gives some fans the willies
Car buyers considering an EV have more options thanks to a weird loophole in the law
Car buyers considering an electric vehicle now have more options to ease their pocketbook thanks to a loophole in the Inflation Reduction Act that allows vehicles made outside of North America to qualify for the tax credits anyhow. The government laid out the IRA’s rules last year. It specified: For a buyer to get some… Continue reading Car buyers considering an EV have more options thanks to a weird loophole in the law
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
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
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
G.M. and Stellantis Paid $364 Million in Fuel Economy Fines
General Motors and Stellantis paid a combined $363.8 million in penalties for failing to meet federal fuel-economy standards for cars and trucks they produced in previous years, according to federal government documents posted on Friday. G.M. paid $128.2 million for failing to meet the targets with the light trucks it sold in 2018 and 2019,… Continue reading G.M. and Stellantis Paid $364 Million in Fuel Economy Fines