McLaren started Formula 1’s 2023 season slowly. It did not score a top-10 finish in the opening two events, but it has since emerged as the nearest challenger to dominant Red Bull. “It’s been one hell of a turnaround,” said Oscar Piastri, one of McLaren’s drivers. The team, which was fifth in 2022 with 159… Continue reading McLaren F1 Team Is No Longer Caught in the Middle
Tag: FCA
U.A.W. Members at General Motors Ratify Contract
Members of the United Automobile Workers union have given their backing to new contracts with the three big U.S. automakers, agreements that deliver hefty wage increases and other gains that had eluded the union for more than 20 years. In the most closely contested vote, the tentative contract agreement at General Motors won the support… Continue reading U.A.W. Members at General Motors Ratify Contract
G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
A United Automobile Workers union vote on a tentative contract agreement with General Motors that provides record wage increases has run into unexpectedly strong resistance from veteran workers. Voting at most union locals has been completed and the final result, due as early as Thursday evening, will very likely be decided by a narrow margin.… Continue reading G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
SUV-MPV share of passenger vehicle sales increases to 58% in April-November 2023
The utility vehicle (UV) category continues to stamp its power on the overall passenger vehicle (cars, sedans, UVs and vans) segment in India and the latest cumulative April-November 2023 wholesale numbers are ample proof. At an estimated 16,29,859 units, an increase of 23% YoY, UVs now account for 58% of the total PV sales of… Continue reading SUV-MPV share of passenger vehicle sales increases to 58% in April-November 2023
Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Efforts to fight global warming could suffer a setback next year when new rules reduce the number of electric cars that qualify for a federal tax credit. The credits, up to $7,500 a vehicle, have helped make electric cars more affordable, bringing the cost of some models below $30,000. Next year, for the first time,… Continue reading Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
@FCA: Stellantis Spotlight Wraps the Week
December 15, 2023 , Auburn Hills, Mich. – “Stellantis Spotlight” is a weekly recap of some of the major stories at Stellantis. The top stories for the week ending December 15, 2023, include final production for the legendary Chrysler 300, FIAT celebrates the arrival of the all-new, all-electric Fiat (500e)RED and Latins in Connection employee business… Continue reading @FCA: Stellantis Spotlight Wraps the Week
BCS; BCLYF Investors Have Opportunity to Lead Barclays PLC Securities Fraud Lawsuit
LOS ANGELES, Dec. 15, 2023 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Barclays PLC (“Barclays” or the “Company”) (NYSE: BCS, OTC: BCLYF). Class Period: July 22, 2019 – October 12, 2023 Lead Plaintiff Deadline: January 2, 2024… Continue reading BCS; BCLYF Investors Have Opportunity to Lead Barclays PLC Securities Fraud Lawsuit
New-Vehicle Inventory Surpasses 2.5 Million, 71 Days’ Supply
As usual, Toyota, Honda, Kia and Subaru had the lowest supply among non-luxury brands at the start of December. Of luxury brands, Lexus, Land Rover, BMW, and Cadillac had the lowest. Graphic: Cox Automotive December opened with new-vehicle inventory at the highest level since early spring of 2021, according to Cox Automotive’s analysis of vAuto… Continue reading New-Vehicle Inventory Surpasses 2.5 Million, 71 Days’ Supply
Porsche Macan to stay in UK as EU sales end
Porsche will remove the combustion-powered Macan from sale in the EU in spring 2024, as it won’t meet new cybersecurity rules, but it will remain available in the UK. The popular SUV, on sale since 2014, was developed before the specifics of the regulation had been finalised. It will be taken off sale in the… Continue reading Porsche Macan to stay in UK as EU sales end
Electric Alfa Romeo keeps saloon shape despite SUV popularity
The electric Alfa Romeo Giulia, due on sale by 2026, will retain its classic saloon silhouette despite the overwhelming popularity of SUVs. The Giulia EV is one of two new D-segment cars Alfa Romeo will launch in 2025 and 2026, the other being an electric Stelvio replacement. A large E-segment model will follow in 2027,… Continue reading Electric Alfa Romeo keeps saloon shape despite SUV popularity