Reeves Callaway, who started out driving fast cars and then focused on creating them, including one that set a speed record of 254.76 miles per hour in 1988, died on July 11 at his home in Newport Beach, Calif. He was 75. His company, Callaway Cars, said the cause was injuries from a fall. Mr.… Continue reading Reeves Callaway, Maker of Really, Really Fast Cars, Dies at 75
Category: US Motoring Press
Jim Cramer’s top 10 things to watch in the stock market Monday
1. Chevron (CVX) on Sunday announced excellent preliminary second-quarter results, while extending the contract of CEO Mike Wirth. The United States’ second-largest oil firm in May announced an agreement to expand its shale operations by acquiring PDC Energy (PDCE) in a deal valued at $7.6 billion, including debt. Chevron is set to release its full… Continue reading Jim Cramer’s top 10 things to watch in the stock market Monday
Stellantis, Samsung SDI will team to build a second EV battery plant in United States
Stellantis NV’s third battery manufacturing plant in North America will be built with Korean battery partner Samsung SDI in the United States, the companies said Monday. The exact location of the second plant under the existing StarPlus Energy joint venture wasn’t disclosed with the announcement of a signed memorandum of understanding, whose execution is subject… Continue reading Stellantis, Samsung SDI will team to build a second EV battery plant in United States
Unplugged: Slow EV sales at odds with automakers’ electric ambitions
This content is only available to subscribers. Get unlimited digital access. $1 for the rest of the year. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics… Continue reading Unplugged: Slow EV sales at odds with automakers’ electric ambitions
Mercedes to unveil entry-level EV concept at Munich motor show
Mercedes will preview a future entry-level model with a new concept car at this year’s Munich motor show in early September. Autocar understands the new concept will preview a follow-up to the new CLA, which has recently been spotted testing ahead of its arrival in 2025 with in-house-developed electric and mild-hybrid petrol drivetrains. Mercedes-Benz has committed to… Continue reading Mercedes to unveil entry-level EV concept at Munich motor show
London mayor ‘listening’ as calls grow to scrap ULEZ expansion
London mayor Sadiq Khan is said to be in “constructive listening mode” as his plan to expand the city’s Ultra Low Emission Zone (ULEZ) comes under increasing scrutiny. Under a plan tabled last year, the ULEZ will be dramatically expanded from 29 August, with the M25 orbital road subsequently forming the rough boundary. A daily £12.50 non-compliance… Continue reading London mayor ‘listening’ as calls grow to scrap ULEZ expansion
Lexus LM luxury MPV receives £112,995 range-topper in the UK
The new Lexus LM will become one of the brand’s most expensive models ever when it arrives in the UK in November, bringing a range-topping variant priced from £112,995. The LM (for ‘Luxury Mover’) is designed to provide a comfortable and luxurious experience for chauffeur-driven executives who don’t want a SUV or saloon. It’s based on Toyota’s GA-K… Continue reading Lexus LM luxury MPV receives £112,995 range-topper in the UK
Prime minister casts doubt on 2030 combustion car ban
READ MORE: JLR owner to build £4bn battery factory in UK by 2026 UK sales ban remains government’s commitment Following the comments, which seemed to leave the door open for a policy change, the prime minister’s official spokesman was asked to give a cast-iron commitment that the ban would be implemented in 2030. He told… Continue reading Prime minister casts doubt on 2030 combustion car ban
Alfa Romeo: Name revealed for 206mph V6 supercar
It is expected to use a derivative of the Giulia Quadrifoglio’s twin-turbocharged 2.9-litre V6, no doubt boosted to give more than the usual 520bhp. Imparato also said the 33 wouldn’t just be a track car, but one that could still be driven every day, despite its likely price and positioning. “It could be iconic, super-sexy and recognisable as an… Continue reading Alfa Romeo: Name revealed for 206mph V6 supercar
Mobec Innovations looking to raise US $ 2-3 million in seed funding by Q4 FY24
Noida-based Mobec Innovations, which offers mobile electric vehicle charging solutions, is looking to raise US$ 2-3 million in seed funding, by Q4 FY24, the company’s Founder and CEO Harry Bajaj informed Autocar Professional. Bajaj, who founded the mobile EV charging solutions company to address issues of range anxiety, has a revenue projection of over Rs 1… Continue reading Mobec Innovations looking to raise US $ 2-3 million in seed funding by Q4 FY24