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Search resuls for: "American Motors"


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F1 dispute with Andretti Global draws in U.S. lawmakers
  + stars: | 2024-05-24 | by ( Chris Hawes | ) www.cnbc.com   time to read: +5 min
Anna Moneymaker | Getty ImagesA dispute over whether to accept American motorsports giant Andretti Global as Formula One's 11th team is reaching boiling point. It's the latest twist in the Andretti saga, which started in October 2023 when the sport's governing body, the FIA, approved the American team's bid to join the grid. Three months later, F1, the sport's commercial arm, quashed the bid, arguing that Andretti wouldn't be competitive in 2025 or 2026. These new entrants would also be obliged to operate out of a region not currently represented by F1 teams. It isn't just in Washington where support for Andretti is growing, explained Andretti.
Persons: Mario Andretti, John James, Anna Moneymaker, Michael, Andretti, Stefano Domenicali, Domenicali, Tim Milne, Lewis Butler, Tim Cook, Red Bull's Max Verstappen Mike Segar, Zac Brown, it's, Fernando Alonso Organizations: Washington , DC, Andretti, Capitol, General Motors, Andretti Global, One's, Miami Grand, Liberty Media, NBC News, FIA, Formula, One, CNBC, Las Vegas, Prix, U.S, F1, United, Reuters Locations: Washington ,, U.S, Las Vegas, Saudi Arabia, United States, Americas, Austin , Texas, Washington, Miami
His death was announced by his daughter Susan Meyers. In 1970, as a senior manufacturing executive, Mr. Meyers was tasked with evaluating a possible acquisition of Kaiser Jeep. But the board proceeded anyway — and put Mr. Meyers in charge. To appeal to more consumers, he upgraded existing Jeeps with better engines, suspensions and interiors, and directed the development of a new wagon, the Jeep Cherokee. Sales soon surged, steadying AMC’s shaky finances and driving consumer interest in roomy off-road vehicles.
Persons: Gerald C, Meyers, Susan Meyers, Kaiser Jeep, steadying Organizations: American Motors Corporation, American Motors, Ford Motor, Chrysler, AMC, General Motors, Kaiser, Jeep Locations: West Bloomfield, Mich, United States, roomy
2024 Dodge Hornet R/T: An Italian Stallion, Made for America
  + stars: | 2023-06-30 | by ( Dan Neil | ) www.wsj.com   time to read: 1 min
SPORTY STANCE The 2024 Dodge Hornet R/T is a sport-tuned plug-in hybrid, with up to 288 hp and 383 lb-ft of gas-electric output, packaged with performance upgrades such as Brembo brakes, Koni dampers and the PowerShot boost feature, helping the compact crossover from 0 to 60 mph in 5.6-seconds. Photo: DodgeOUR GUEST has come a long way to be with us. Born near sunny Napoli, in the Kingdom of Stellantis , it travels under the name of the Dodge Hornet R/T but was born an Alfa Romeo Tonale, which rhymes with giornale. Dodge needed a compact crossover in its North American showrooms; and the historically dubious “Hornet” nameplate was available. The last Hornet model in series-production (1970-1977) was built by American Motors Corporation.
Persons: Romeo Tonale, Dodge Organizations: Dodge Hornet, Dodge, American Motors Corporation Locations: Napoli, Kingdom of Stellantis
Some elements of the Jeep joint venture's failure are particular to Stellantis - and the former car groups that feature among its 14 brands. But data compiled for Reuters by consultancy LMC Automotive expose a problem shared by a number of other global carmakers: plummeting Chinese plant usage. Reuters GraphicsThe Jeep failure in China happened less than two years after Stellantis was formed by the merger of PSA and Fiat Chrysler. "Chinese companies actually have an early mover advantage because they embraced electrification faster than the foreign companies were willing to," he added. While fully-electric cars make up an average of 5% of models foreign carmakers sell in China, they account for 30% of Chinese carmakers' models, according to LMC data.
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