US Motoring Press – Page 2353 – I wish I had more to offer

Silverstone, a Storied F1 Track, Wants to Continue Its Tale

Silverstone, host of the British Grand Prix this weekend, is very popular with the people who matter most in Formula 1: the drivers. The 3.7-mile course built around a former Royal Air Force base features many high-speed corners, which provide the thrill that those behind the wheel seek. “It has the best layout,” Lewis Hamilton, the… Continue reading Silverstone, a Storied F1 Track, Wants to Continue Its Tale

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

Lucid misses revenue expectations after EV deliveries disappoint

In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Justin Sullivan | Getty Images Luxury electric vehicle maker Lucid Group reported that its second-quarter revenue fell short of Wall Street’s expectations after it delivered fewer of its Air luxury sedans than expected during the period.… Continue reading Lucid misses revenue expectations after EV deliveries disappoint

Tesla CFO Zach Kirkhorn steps down

Zachary Kirkhorn, CFO, Tesla Source: Tesla Tesla‘s chief financial officer, Zach Kirkhorn, stepped down from his position effective Friday, the automaker announced Monday morning in a regulatory filing. Tesla’s chief accounting officer, Vaibhav Taneja, was appointed as the new CFO and will hold both roles concurrently. Shares of Tesla were trading down nearly 3% on… Continue reading Tesla CFO Zach Kirkhorn steps down

Vietnam’s EV ownership will see ‘strong growth’ in 2023, says new report

VinFast LLC’s EV VF8 vehicles. Linh Pham | Bloomberg | Getty Images Vietnam’s electric vehicle market appears poised for rapid expansion in the next decade, but there could be significant headwinds blunting that growth. According to BMI Research, a Fitch Solutions research unit, passenger EV sales in the country is expected to at least double this year.… Continue reading Vietnam’s EV ownership will see ‘strong growth’ in 2023, says new report

New Mini Cooper EV gets exhaust note and woodland sounds

Mini is returning to its roots with a simple, retro-futuristic cabin arrangement for its 2024 Cooper EV – inspired by Alec Issigonis design for the original 1959 car. Revealed ahead of the car’s official debut in the coming months, the new Mini’s cockpit is described as “more Mini than ever before” – and the firm… Continue reading New Mini Cooper EV gets exhaust note and woodland sounds

Fiat could make a comeback in India

The Stellantis Group, which operates Jeep and Citroen in India, is likely to leverage its STLA Medium (M) platform to bring back the Fiat brand to India. Unveiled earlier last month, Stellantis’ STLA M platform is understood to be making its way to India with the next-gen Jeep Compass in 2026 along with Citroen’s next-generation models, which will also use the… Continue reading Fiat could make a comeback in India

Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers

The central government is mulling the launch of a pan-India social security scheme for gig workers in the e-commerce and food aggregator space after Rajasthan and Karnataka introduced similar social security measures. The Rajasthan government passed the Platform-Based Gig Workers (Registration and Welfare) Bill, 2023, in the last week of July 2023, which aims to bring gig workers into the fold of… Continue reading Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers