Just when you thought the cost to get into a new car couldn’t go any higher, it has — and it will likely continue to rise, car-buying experts at Edmunds said Monday. The number of car buyers paying $1,000 or more a month to finance a new vehicle is creeping higher, closing in on nearly… Continue reading Record number of car buyers paying $1,000+ per month amid low vehicle inventory
Category: US Motoring Press
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
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
Frédéric Vasseur Is Working on Changing Ferrari
Frédéric Vasseur knows all about pressure. In January, he was named general manager and team principal of Ferrari, one of the most high-pressure jobs in motorsport because of the popularity of the team. But in 1996 Vasseur had started his own team, and he said there were times he had trouble making ends meet. “I… Continue reading Frédéric Vasseur Is Working on Changing Ferrari
Formula 1 Finds a New Way to Advertise on Its Cars
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
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