Tag Archives: president

Motorsport

Chevy Silverado And GMC Sierra Plug-In Hybrids Are Coming: Report

“We’re not going to dilute our investment with hybrids”—is what General Motors President Mark Reuss instructed Business Insider in 2022. But apparently the corporate has had a change of coronary heart. During an investor briefing final month, CEO Mary Barra introduced new plug-in hybrid models, with stories indicating the Chevrolet Silverado and GMC Sierra PHEVs are on the way in which.

Citing sources acquainted with the matter, Autoweek claims GM is in a rush to launch PHEV variations of the 2 vans. The firm has apparently initiated a “crash program” to hurry up the event and market launch of the 2 electrified derivatives. We’ve reached out to each Chevy and GMC for remark, and we’ll replace the story if we hear again.


Motorsport

Donald Trump’s Lamborghini Diablo VT Just Sold For $1.1 Million

A custom-pained Lamborghini Diablo VT Roadster ordered new by former President Donald Trump offered on Saturday at Barrett-Jackson’s Scottsdale public sale for $1.1 million, making it one of the invaluable Diablos on the planet.

Trump ordered this Diablo VT Roadster new in 1997, selecting to have it painted within the Blu Le Mans paint colour you see right here. That colour wasn’t out there for ’97, however in line with Barrett-Jackson, Trump had a particular relationship with Lamborghini and received the colour authorized. That means that is the one 1997 Diablo VT Roadster painted on this colour, making it a real one-of-one. 

 

In addition to the colour, the Diablo VT Roadster was additional personalized by Lamborghini for Trump with a particular plaque put in on the door that reads “Donald Trump 1997 Diablo,” in line with Barrett-Jackson. The 5.7-liter naturally aspirated V12 making 492 hp remained unchanged, able to catapulting the mid-engine supercar to a high velocity of 202 mph. 

Trump offered the automobile in the summertime of 2002, however that is not the place the story ends. It was spotted for sale on eBay again in 2016, listed by an proprietor that reportedly purchased the automobile in 2005. It’s unclear if the Lamborghini has modified possession since then up till now.

Barrett-Jackson says the sale of Trump’s former Diablo marks a world document for Diablo public sale costs. Diablo VT Roadsters in related situation with out the celeb connection are routinely bid to round half the value of this one (or much less), going by recent Bring A Trailer auction results:

screenshot of recent auction results for the Lamborghini Diablo VT Roadster on Bring A Trailer

Despite its provenance, this Diablo VT Roadster did not sit undriven for the primary half of its life. When it was listed on the market in 2016 on eBay it had 14,655 miles on the clock. Sadly whoever acquired the automobile did not drive it a lot; when it crossed Barrett-Jackson’s public sale block on Saturday the odometer learn simply 15,431 miles. Hopefully the brand new proprietor places some miles on the clock and enjoys this automobile to the fullest.


News

Yamaha Motor Manufacturing Europe Announced As European Production Hub

On January 1, 2024, Yamaha Motor Europe welcomed its new president and CEO, Olivier Prevost. Set to fill within the sneakers of Eric de Seynes, Prevost has his work lower out for him, as Yamaha stays a pressure to be reckoned with within the ever-changing mobility panorama. As it might end up, developments are fast beneath Prevost’s management, as Yamaha has simply renamed one among its massive manufacturing amenities in France to Yamaha Motor Manufacturing Europe (YMME).

The manufacturing facility was beforehand known as MBK Industrie S.A.S., and has been a completely owned Yamaha subsidiary all the best way again since 1986. With MBK now referred to as YMME, it successfully turned Yamaha’s European manufacturing headquarters. According to Yamaha, this was completed to indicate its dedication to growing localized European manufacturing in order to higher serve key markets within the area.

2023 Yamaha XMAX Tech Max 300 - Front Right Closeup 2

In Yamaha’s official press launch, Olivier Prevost acknowledged, “It is with a lot of emotion that I see the evolution of MBK Industrie into Yamaha Motor Manufacturing Europe. I started my career at MBK 30 years ago and all these years, I have been paying special attention to MBK. The operations and product line-up have been continuously evolving to reach today a high level of excellence allowing production of Yamaha flagship models in this factory. This has been possible with the involvement and efforts of all the employees during the last 40 years. I would like to express my appreciation and to thank all of them. Looking forward, it became clear that it is now time to change the name to Yamaha Motor Manufacturing Europe.”

2024 Yamaha Tenere 700 - Riding 42

He added that YMME will function a hub for innovation in relation to Yamaha’s merchandise for the European market, “More than a symbolic move, it is a clear recognition for the company within the Yamaha Motor Group and it will support to embrace a wider range of Yamaha products. Finally, as an ex-MBK employee, I am very proud to say to my YMME colleagues that we are finally all ‘Yamaha employees’ now. Let’s continue to move forward using our Yamaha local manufacturing as a competitive and sustainable advantage!”

With mobility calls for repeatedly altering attributable to a myriad of variables all throughout Europe, Yamaha is predicted to diversify its product portfolio within the close to future. More than doubtless, aside from the identify change, YMME may even be upgraded to supply fashions just like the Yamaha Tenere 700 and XMAX extra effectively, in addition to cater to the model’s rising lineup of electrical automobiles comparable to electrical scooters and electrical bicycles.

Yamaha YDX Moro 07 Electric MTB

“The re-naming of MBK into Yamaha Motor Manufacturing Europe is an important recognition of the efforts made by all employees during the last years to transform the company to be able to produce Yamaha flagship models such as the Ténéré 700 family. We continuously benchmark our quality standard and method with our mother factory in Iwata, to be able to achieve similar quality levels. We believe that our facility in Europe will be a key asset for Yamaha in the eMobility to respond to the zero carbon neutrality requirement for local manufacturing,” mentioned Patrice Maciejewski, President of YMME.

Motorsport

President Biden Took A Porsche To 171 MPH With Help From Launch Control

It’s nicely established that President Biden is a car guy. If his 1967 C2 Corvette convertible is not proof, he is been identified to maintain the Secret Service on their toes with the occasional burnout on their safe check monitor. Conan O’Brien is similar means, nonetheless hanging onto his 1992 Ford Taurus SHO after many years. On a latest episode of the retired TV host’s podcast, Conan O’Brien Needs a Friend, the dialog turned to automobiles, and Biden had some automotive exploits to debate that we’ve not beforehand heard about.

As it seems, the forty sixth president is a fan of launch management. It appears like he had by no means been in a automotive outfitted with the function till comparatively just lately when he drove an unspecified Porsche. The circumstances of the Commander-In-Chief’s drive are unclear, however talking to O’Brien, he says “You know the brand new ones? They have a launch change. I acquired a Porsche as much as 171 miles an hour,” occurring to clarify how the function works. “It is incredible.”

President Biden offered no different particulars in addition to that transient assertion, nevertheless it’s possible that the stint within the sports activities automotive from Stuttgart occurred earlier than he was president. Porsches have been outfitted with launch management for a while, and each time probably the most highly effective man on earth drives a automotive, we have a tendency to listen to about it and see video.

Biden has pushed a smattering of recent electrical automobiles in entrance of the press, together with the Hummer EV, F-150 Lightning, and Cadillac Lyriq. He was additionally filmed revving a Z06 Corvette on the Detroit Auto Show final 12 months. All of this occurred off of public roads, after all. The final time we’re conscious of him driving his C2 was on the aforementioned Secret Service check facility. 

Although we do not know which Porsche he took as much as 171, virtually all of the automobiles the corporate affords, at the very least the sports activities automobiles, are able to these speeds. The new 911 S/T, as an example, will hit 0-60 in simply 3.5 seconds and tops out at 186 miles per hour.

Motorsport

Stellantis To Reopen Belvidere Factory To Build New Midsize Truck [UPDATE]

Update: UAW Vice President Rich Boyer announced that a midsize truck will be built at the Stellantis factory in Belvidere, Illinois. Ram has not yet confirmed or commented on this surprise announcement.

In February, Stellantis temporarily closed down its assembly plant in Belvidere, Illinois, which was previously manufacturing the Jeep Cherokee. This decision resulted in 1,200 workers being laid off without any assurance of future employment. However, there is good news now as the automotive conglomerate has reached a tentative agreement with the United Auto Workers.

Vice President Rich Boyer of the UAW shared the favorable development in an official statement on YouTube: “UAW family, it is my great honor to announce that we have saved Belvidere. Again, we have saved Belvidere… We have won a new vehicle at Belvidere…it will be a midsize truck, and we will have two shifts.”


HondaEu

Summary of Honda CEO Speech at the Japan Mobility Show 2023

Summary of Honda CEO Speech at the Japan Mobility Show 2023

TOKYO, Japan, October 25, 2023 — Honda Motor Co., Ltd. Director, President for Representative, Toshihiro Mibe held a press conference today, at the JAPAN MOBILITY SHOW 2023.

Following is a summary of his formal remarks:

  • About JAPAN MOBILITY SHOW

The Tokyo Motor Show has been renamed as the JAPAN MOBILITY SHOW. It will showcase not only cars and motorcycles but also a wider range of mobility products, services, and technologies. Honda will exhibit various forms of current and future mobility products at the event, inviting visitors to experience and participate in creating the future of mobility.

  • Our passion behind the Honda Global Brand Slogan, “The Power of Dreams — How we move you.”

Honda celebrates its 75th anniversary this year. The Honda Global Brand Slogan, “The Power of Dreams — How we move you,” reflects the company’s commitment to realizing dreams through a diverse range of mobility products and services that empower people physically and emotionally.

Honda aims to transcend constraints and augment abilities through its mobility products and services. By offering greater freedom and expanding possibilities, Honda envisions a future where mobility enhances people’s lives.

  • Value proposition unique only to Honda – “Transcend” and “Augment”

Honda’s mobility products and services aim to transcend constraints such as time and place and augment people’s abilities and possibilities. This approach has been at the core of Honda’s offerings for the past 75 years and will continue to shape future mobility.

Honda’s exhibition at the event includes various mobility products and technologies that enable people to move freely and overcome constraints, as well as products that expand their abilities and living radius.

Examples of Honda’s mobility solutions showcased at the event include the Cruise Origin autonomous vehicle, Honda eVTOL and HondaJet aircraft, SUSTAINA-C Concept car made from recycled materials, Honda Avatar Robot and the UNI-ONE mobility device, and the Honda CI-MEV self-driving micro-mobility vehicle.

  • Creating our “dream mobility” through a Generative AI-powered experience

Honda invites visitors to participate in the Dream Loop, where generative AI generates design drawings of future mobility based on their input. Honda plans to select a few ideas to develop further with its designers after the show.

In addition, Honda introduces the Prelude Concept, a specialty sports model that embodies Honda’s sporty and electrified future. The Prelude Concept promises a thrilling and exhilarating driving experience.

Summary divide Honda CEO Speech at the Japan Mobility Show 2023

The Honda booth at the JAPAN MOBILITY SHOW showcases a wide range of future mobility products and invites visitors to explore and imagine the future of Honda’s mobility vision. Honda hopes that visitors will share their dreams and desires for better mobility, joining them in expanding their dreams for the future.

Thank you.

Motorsport

New Strikes Could Happen “At Any Time” Now, UAW Says

The President of the United Auto Workers (UAW), Shawn Fain, announced a more aggressive stage of the ongoing strike during a presentation on Friday, October 13. He stated that automakers had become accustomed to the union making announcements on Fridays about additional factories participating in the labor campaign. However, Fain emphasized that things can now change “at any time.”

Instead of announcing further strikes specifically, Fain declared a new phase in the standup strike. Going forward, the UAW will call out plants as needed, with little notice.

UAW strike

According to Fain, the UAW is shifting from a defensive stance to focusing on hard negotiations in order to achieve “total economic and social justice.”

Fain did not provide specific details about the negotiations with General Motors or Stellantis. His presentation came a day after the UAW strike expanded to include Ford’s Kentucky Truck Plant. During his speech, he specifically addressed Jim Farley, the CEO of Ford.

Fain mentioned that Farley earned $21 million last year, and he called on him to take action by reflecting on the situation and the financial resources of Ford. He urged Farley to use the company’s large checkbook, which is typically reserved for spending millions on executives or Wall Street initiatives.

On October 12, Ford responded to the strike by stating that the UAW’s decision to call a strike at the Kentucky Truck Plant was irresponsible but not surprising. The company referenced the union leadership’s strategy of causing reputational damage and industrial chaos to keep the “Detroit 3” (Ford, General Motors, and Stellantis) weakened for an extended period of time.

The Kentucky plant is Ford’s largest factory and generates $25 million in revenue annually. It is responsible for producing the F-Series Super Duty, Expedition, and Lincoln Navigator, and it employs 8,700 UAW members.

The UAW initiated the strike against Ford, General Motors, and Stellantis on September 15, 2023. Since then, the union has gradually enlisted additional workers to participate in the labor campaign. Recently, nearly 4,000 members from Mack Trucks also joined the movement.

Motorsport

UAW Expands Strike Against Ford And GM, 25,000 Workers Now PicketingUAW Expands Strike Against Ford And GM, 25,000 Workers Now Picketing

The United Auto Workers (UAW) union has expanded its strike on Friday, targeting Ford and General Motors. UAW President Shawn Fain announced on Facebook Live that an additional 7,000 UAW members would join the picket lines at noon Eastern Time today.

The UAW has chosen Ford’s Chicago Assembly and GM’s Lansing Delta Township Assembly plants for the new strike action. This expansion brings the total number of striking workers to 25,000 members. The UAW’s Stand Up Strike now affects 43 facilities in 21 states across the United States.

Jim Farley, President and CEO of Ford, expressed his opinion that the union has already achieved a record contract, and stated that it was “grossly irresponsible to escalate the strikes.” Gerald Johnson, GM’s Executive Vice President of Global Manufacturing, also weighed in, describing the strikes as “just for the headlines, not real progress,” and noting that GM has not received a counteroffer from the UAW to its latest proposal.

The union’s strike action did not extend to Stellantis on Friday. The automaker issued a statement mentioning that it has made progress in its discussions with the UAW but that there are still some gaps to be resolved. Stellantis is committed to reaching a fair and responsible agreement. The UAW confirmed that the automaker has made “considerable progress in bargaining” on several issues, including cost-of-living adjustments, just before the union expanded the strike into its third week.

The two plants targeted in the expansion are responsible for producing popular SUVs for both automakers. GM’s facility manufactures the Buick Enclave and the Chevrolet Traverse, while Ford’s facility builds the Ford Explorer and Lincoln Aviator in Chicago. During Fain’s broadcast, the union president emphasized that negotiations have not broken down, and that they continue to engage with all three automakers.

Earlier this week, US President Joe Biden made a historic visit to the picket line, addressing UAW members at GM’s Willow Run redistribution center. This marked the first time in modern history that a sitting US president joined picketing workers.

Elon Musk, CEO of Tesla, also expressed his opinion on the strike, taking to X (formerly Twitter) to criticize the union. He stated that the UAW’s demands could potentially lead the three automakers into bankruptcy. It is worth noting that Tesla does not employ unionized labor at its plants and is unaffected by the strikes.

The historic strike began on September 15 when nearly 13,000 UAW members walked out. This is the first time in the organization’s 88-year history that it simultaneously picketed all three automakers. The union and the Big Three Automakers previously negotiated a four-year contract in 2019.

DSAutomobile

DS 7 at the Heart of the Champs Élysée Parade During State Visit to France by King Charles III and Queen Camilla

  • The DS 7 PRESIDENTIEL hosted King Charles III and President Emmanuel Macron during a parade down the Champs Elysee to celebrate the state visit to France.
  • A fleet of custom-made DS Automobiles cars were featured in the parade, showcasing the best of French design, culture, and hospitality.

DS Automobiles welcomed King Charles III and Queen Camilla to Paris this week as part of their state visit. The King and French President Emmanuel Macron rode in a custom DS 7 PRESIDENTIEL down the Avenue de Champs Elysée as part of the parade. This visit highlights the historical ties that unite France and the United Kingdom and showcases French design, art, culture, and gastronomy.

During the parade, the DS 7 PRESIDENTIEL, featuring a custom open-top roof with signatures of the French Republic, carried the two Heads of State. The interior, designed by Atelier Maury, embodies French design with its black Art Leather finish.

Queen Camilla and Brigitte Macron rode in a DS 7 ÉLYSÉE, which is part of the French Republic’s fleet since 2021. The DS 7 ÉLYSÉE is a unique design based on the DS 7 E-TENSE 4×4 300, with an elongated chassis and special features. It is one of the DS models specifically made for the Presidency of the Republic.

This state visit symbolizes the friendship and collaboration between the President of the Republic and King Charles III, who have previously worked together to protect biodiversity and combat global warming. DS Automobiles is fully committed to the energy transition and plans to exclusively produce 100% electric models from 2024.

PHOTOS AND VIDEOS TO DOWNLOAD

https://sharing.oodrive.com/share-access/sharings/75g3ETsc.fkkTkK37

About DS Automobiles

DS Automobiles, established in 2014, embodies the French art of travel with its avant-garde spirit and exceptional heritage. With remarkable products and French luxury savoir-faire, combined with bespoke services, DS Automobiles offers a unique experience before, during, and after every journey.

Designed for customers who want to stand out and enjoy every moment of their travels, DS models offer a blend of refinement and technology. The DS brand currently offers a global range including DS 3, DS 4, DS 7, and DS 9.

Leading in electrification, DS Automobiles has been actively involved in Formula E since 2015, achieving double Teams’ and Drivers’ titles. Every DS model is available with an electrified version under the E-TENSE label, including 100% electric powertrains and plug-in hybrids with up to 360 horsepower and 4-wheel drive. Starting from 2024, all new DS Automobiles models will be 100% electric.

For discerning customers, DS Automobiles offers exclusive services called “ONLY YOU, a wealth of attention.”

With a presence in 41 countries, DS Automobiles has established an exclusive distribution network that includes 450 DS STORES worldwide.

Stay updated with DS news internationally at @DS_Automobiles

Motorsport

Porsche North America CEO Kjell Gruner Departs from Company

Porsche Cars North America President and CEO Dr. Kjell Gruner will be leaving the company, announced the automaker this week. He will officially depart on July 6, and Porsche has not yet named his successor. The company plans to make an announcement in the near future.

In the meantime, Porsche Cars NA COO Joe Lawrence and CFO Thierry Kartochian, both vice presidents, will take the lead in running the business. The reason for Gruner’s departure has not been disclosed by Porsche, and Motor1.com has reached out to the automaker to inquire further. This story will be updated if any additional information becomes available.