MoneyGram boss says no peak in sight for F1’s U.S. development

LONDON, Jan 31 (Reuters) – Components One’s surging recognition in the USA, turbocharged by hit Netflix docu-series ‘Drive to Survive’, has loads of gasoline left within the tank in response to MoneyGram chief govt Alex Holmes. The Dallas-based cash switch and funds firm will begin the 2023 season, which has three grands prix in the … Read more

FIA boss stunned by ‘opposed response’ to Andretti F1 plan

LONDON, Jan 8 (Reuters) – The pinnacle of Formulation One’s governing physique on Sunday strongly supported a proposed new Andretti Cadillac all-American workforce and stated he was stunned by “opposed response” to the plan. Mohammed Ben Sulayem’s feedback on Twitter hinted at a row brewing between the president of the Worldwide Car Federation (FIA) and … Read more

BMW teases a speaking automobile that shifts colours like a chameleon

LAS VEGAS, Jan 5 (Reuters) – BMW AG (BMWG.DE) has unveiled a prototype for a automobile that talks like a human being, modifications colours to swimsuit the motive force’s temper and has no screens on its dashboard. The German luxurious automaker’s BMW i Imaginative and prescient Dee, revealed at a splashy kickoff on Wednesday night … Read more

Sony, Honda roll out prototype of ‘Afeela’ EV that makes use of Qualcomm tech

Jan 4 (Reuters) – Japan’s Sony (6758.T) on Wednesday unveiled a prototype of the brand new “Afeela” electrical autos it would construct along with Honda (7267.T), saying it will harness its huge leisure content material because it seems to be to grow to be a participant in next-generation automobiles. Sony gave a glimpse of the … Read more

Feminine followers will gasoline Components One in 2023

HONG KONG, Dec 23 (Reuters Breakingviews) – Liberty Media (FWONA.O) will discover new methods to shift Components One up a gear. If extra feminine followers tune in, they are going to assist Chief Government Stefano Domenicali gasoline income at his motor-racing division. Overlook Lewis Hamilton. In 2023, he’ll discover himself chasing a Louise Hamilton. The … Read more

Electrical automobiles confront the leap to the mass market

DETROIT, Dec 15 (Reuters) – The previous 12 months was sobering for traders who poured cash into Tesla Inc (TSLA.O) and rival electrical automobile startups that hoped to emulate Tesla CEO Elon Musk’s success. As rates of interest rose and monetary markets gyrated, shares in lots of EV startups deflated. Rivian Automotive Inc (RIVN.O), which … Read more

AMD chip to energy auto provider Aisin’s new automated automotive parking system

OAKLAND Calif/DETROIT, Nov 16 (Reuters) – U.S. chip design agency Superior Micro Units Inc (AMD.O) on Wednesday mentioned Japan’s main automotive provide firm Aisin Corp (7259.T) has chosen AMD’s micro processor to energy a brand new system that may assist vehicles park themselves. “These parking methods have been very a lot a foothold within the … Read more

SoftBank-backed tech unicorn Kavak expands in Center East

MEXICO CITY, Oct 11 (Reuters) – Mexican on-line used-car dealership Kavak has expanded to the United Arab Emirates (UAE), Oman and Saudi Arabia, boosting its presence in emerging-market nations, the agency’s chief government, Carlos Garcia, informed Reuters on Tuesday. Kavak plans to speculate $130 million over the subsequent two years within the three Center-Jap nations, … Read more

System E can have the ‘highway relevance’ to overhaul F1, says Filippi

LONDON, Oct 4 (Reuters) – System One is having fun with a growth in recognition however electrical System E will finally be the primary focus of producers and sponsors searching for highway relevance and inexperienced credentials, Envision Racing group boss Sylvain Filippi predicted on Tuesday. Talking on the Reuters IMPACT convention in London, Filippi mentioned … Read more

Unique: Normal Motors targets China’s city wealthy with luxurious imports

GM to launch direct-to-customer gross sales channel in China New wholly owned channel to be referred to as Durant Guild GM to focus on wealthy city customers with area of interest U.S. imports Excessive-end SUVs and sports activities vehicles the most definitely imports BEIJING, Sept 8 (Reuters) – Normal Motors has misplaced its mojo in … Read more