Author Archives: Carguy

First WEC, now Fanatec GT World Challenge: Is TotalEnergies fuel set to conquer GT racing too?

If you’ve got an exciting new technology you’d like to see used throughout the varied world of sportscar racing, there are two organisations you need to be working with.The first of these, of course, is the Automobile Club de l’Ouest (ACO), the body behind the Le Mans 24 Hours and the World Endurance Championship (WEC…
Read More

NASCAR Next Gen “has to have hybrid” for Le Mans 24h entry thumbnail

NASCAR Next Gen “has to have hybrid” for Le Mans 24h entry

Race organiser the Automobile Club de l’Ouest has confirmed that acceptance of the entry from Hendrick Motorsports for the grid slot – reserved for what it describes as an “innovative car” – is dependent on the Chevrolet Camaro ZL1 running an energy-recovery system.That would give NASCAR the chance to test the hybrid technology on its Next Gen machine in competition ahead of its …Keep reading…
Read More

Monaco to begin F1 circuit installations next week for 2021 events thumbnail

Monaco to begin F1 circuit installations next week for 2021 events

After the COVID-19 pandemic forced the cancellation of both the F1 race and the Historic Grand Prix due to be held in Monaco last year, the event organisers have been continuing with preparations for the events this year.The Automobile Club de Monaco said in January there were no plans to cancel the events again this year in response to speculation, and reaffirmed its commitment to host the …Keep reading
Read More

May vehicle sales climb with reopening, but riots threaten growth

May vehicle sales climb with reopening, but riots threaten growth

Jun 03, 2020 05:57 pm | Garret Reich and Vaidik Trivedi

U.S. automotive sales in May showed signs of bouncing back from the COVID-19 pandemic, with the seasonally adjusted annual rate (SAAR) jumping to 12.7 million units in May, up from 8.6 million in April, according to Chris Hopson, manager at IHS Markit. TrueCar ALG originally forecast late last month that May’s new-vehicle sales would come […]

read more

https://turnautonotesintocash.com

Auto lenders avoid significant layoffs in Texas

Auto lenders avoid significant layoffs in Texas Mar 27, 2020 11:39 am | Joey Pizzolato Most auto lenders with major operations in Texas have not yet reported significant layoffs in response to the downturn spurred by the novel coronavirus, according to the Texas Workforce Commission. Toyota Financial Services, Santander Consumer USA and USAA’s headquarters are located in Texas. San Antonio-based USAA, which boasts a $15.6 billion auto portfolio according to […] read more   

https://turnautonotesintocash.com