TOKYO — Honda Motor Co. is planning to cut production by about 50 percent on two lines at one of its Japan factories in early May due to chip shortages and COVID-19 lockdowns, the company said on Thursday. The factory in Suzuka will also slash production by half during April, expanding the scale of the cutback […]
Honda to cut output at Japan assembly plants as chip shortage grinds on Read More »
Someone has just paid $9.5 million for the ‘AA8’ number plate in Dubai during a recent charity auction. The massively expensive number plate was sold at the ‘Most Noble Numbers’ charity auction to support the One Billion Meals campaign that provides food for those in need. A number of other desirable number plates were sold,
An ‘AA8’ License Plate In Dubai Sold For An Incredible $9.5 Million Read More »
A collection of 1992 Formula One champion Nigel Mansell’s cars is headed to auction. They’ll be part of RM Sotheby’s 2022 Monaco sale, scheduled for May 14. The highlights are two of Mansell’s F1 cars, including the Ferrari 640 he drove during the 1989 season. The 640 debuted the semi-automatic gearbox that later became the
Nigel Mansell collection heading to auction, including two F1 cars Read More »
Tesla Inc. CEO Elon Musk says he’s secured $46.5 billion in funding for a takeover of Twitter Inc. But more than two-thirds of that is either coming from his own pocket or borrowing against his Tesla shares. Musk’s filing with the U.S. Securities and Exchange Commission on Thursday details $25.5 billion in debt financing from
Musk says he has $46.5 billion lined up for Twitter financing Read More »
What kind of vehicle is the 2023 Lexus RZ? What does it compare to? The RZ is the brand’s first dedicated electric vehicle with no gas-powered counterpart. Sharing a platform with the Toyota BZ4X, the electric compact crossover will compete in a growing premium segment, from the Volvo C40 and related Polestar 2 to the
Lincoln is celebrating its centennial this year, but it doesn’t mark the company’s founding. Lincoln was established in 1917, but acquired by Ford in 1922 and that is the anniversary the automaker is choosing to honor. As a part of the ceremonies, Lincoln isn’t just looking back but providing a peek into its future with
Lincoln Star Concept plots a new course for Lincoln’s electrified ambitions Read More »
LOS ANGELES — Lincoln Motor Co., trailing luxury rivals in the transition to battery power, on Wednesday introduced a concept that previews how the brand hopes to differentiate itself in the electric vehicle era. The Lincoln Star concept, unveiled at an event here celebrating the brand’s 100th anniversary as part of Ford Motor Co., showcases
Lincoln Star concept heralds 3 EVs due by 2025 Read More »
Tesla Inc. expects to reach volume production of a new ‘robotaxi’ vehicle without a steering wheel or pedals by 2024, CEO Elon Musk said on the automaker’s first-quarter earnings call Wednesday. The goal of the new model, which would use Tesla’s still-incomplete “full self-driving” software, is to reach the lowest cost per mile for a
Musk expects volume production of new Tesla ‘robotaxi’ by 2024 after record Q1 earnings Read More »
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What It Took To Salvage That Drowned Ford Bronco In Maine From The Guy Who Saved It Read More »
McLaren Automotive is considering hiring Michael Leiters, the former head of technology at Ferrari, as its next CEO, according to people familiar with the matter. Leiters stepped down from Ferrari in December as part of a leadership reorganization under new CEO Benedetto Vigna, and is one of the main candidates being evaluated for the top job
Ex-Ferrari tech chief eyed for McLaren CEO post, report says Read More »
