The Renault Group took major steps to reorganise its business as part of the Renaulution plan unveiled in January 2021. First, Renault formed a joint venture with Chinese OEM Geely to make and distribute internal combustion engines (ICEs) and hybrid technology to brands owned by each OEM as well as outside customers. Pending final agreement,… Continue reading What’s next in Renault’s transformation plan?
Category: US Motoring Press
Honda Type R cars to continue into EV era
Honda’s Type R models will continue into the electrified age, giving the firm’s hot hatchbacks and other driver’s cars a future despite the demise of internal combustion engines. In recent years, Peugeot, Ford and Renault have axed their respective GTI and RS programmes due to a lack of profitability caused by stringent emissions laws. However,… Continue reading Honda Type R cars to continue into EV era
Zeekr reportedly files for stock-market listing in US
Chinese EV maker Zeekr is said to have filed for an initial public offering (IPO) in the US. The IPO filing, first reported by Reuters, allegedly reveals the Geely-owned company is seeking to raise more than $1 billion (£814 million) in investment as part of plans to take the Zeekr brand global as a rival to Tesla. Zeekr is… Continue reading Zeekr reportedly files for stock-market listing in US
Stellantis, DTE announce 2nd-largest clean power deal of its kind in U.S.
Stellantis says it’s committing to a big boost in its clean energy purchases in Michigan in a deal with DTE Energy. The automaker, which owns the Jeep, Ram, Chrysler, Dodge and Fiat brands, issued a joint news release Monday with DTE committing to adding 400 megawatts of new solar projects in Michigan, which the release… Continue reading Stellantis, DTE announce 2nd-largest clean power deal of its kind in U.S.
An Intense Year for Formula 1 Comes to an End
“We’ll come back from Abu Dhabi, we’ll spend the week after in the factory sorting things out and have a relatively easy week there, and then disappear for three or four weeks and have a good break.” Toto Wolff, the team principal of Mercedes, said “everyone is really at the limit.” That has prompted discussions… Continue reading An Intense Year for Formula 1 Comes to an End
Elon Musk Heads to Court to Defend His Billions in Tesla Pay
Tesla has made Elon Musk a billionaire many times over by paying him generously in shares for his work as chief executive of the electric carmaker. On Wednesday, Mr. Musk is expected in court to defend that compensation, much of which derives from a record-setting pay deal he struck in 2018 with Tesla’s board of… Continue reading Elon Musk Heads to Court to Defend His Billions in Tesla Pay
What’s on the Radio? In Formula 1 Racing, It’s the Engineer.
Formula 1 drivers may look like they are alone in the car, but with the press of a button, they can turn to their teams for support and guidance. Radio communication is an important part of Formula 1 races. Drivers have a button on their steering wheel that will activate their radio, allowing them to… Continue reading What’s on the Radio? In Formula 1 Racing, It’s the Engineer.
What Does an F1 Race in Brazil Lack? A Brazilian Driver.
Brazil used to be a force in Formula 1. The country has produced three world champions, its drivers have won 101 races — third on the nations list — and only five countries have had more drivers than Brazil’s 32. Among them were Emerson Fittipaldi, who won titles in 1972 and ’74, and Nelson Piquet,… Continue reading What Does an F1 Race in Brazil Lack? A Brazilian Driver.
As Daniel Ricciardo Departs McLaren’s F1 Team, He Looks to 2024
The last two years have been extremely painful for Daniel Ricciardo. After the Abu Dhabi Grand Prix on Nov. 20, Ricciardo will leave his team, McLaren. In August, his three-year contract was terminated with a season to go. “I believe I’m very resilient, but I’m also not superhuman,” Ricciardo said in an interview. “Of course,… Continue reading As Daniel Ricciardo Departs McLaren’s F1 Team, He Looks to 2024
F1 Shook Up Tradition by Adding Sprint Races
Norris agreed with Hamilton, on the other hand, that Formula 1 must select the best venues for sprints. Some circuits provide more overtaking opportunities than others. “At the correct tracks, I don’t mind it,” Norris said. “So when it was in Austria or Monza [Italy], tracks you can actually race on, fine, but Interlagos is… Continue reading F1 Shook Up Tradition by Adding Sprint Races