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If you’re at fault in an accident, there’s a good chance your insurance rates are going up. But just how much more money can you expect to shell out? A new study by Insurance.com ranks the best and worst states for car accident claims, based on the average rates drivers pay following an at-fault accident. Michigan
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Turns out limited-production hypercars aren’t necessarily great moneymakers, even when they cost more than $2 million. Automobili Pininfarina shocked audiences at the 2019 Geneva Motor Show with the Battista, an all-electric hyper-GT with nearly 1,900 hp and 1,700 lb-ft of torque. The car’s incredible design and projected performance figures may justify its price tag, but
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The electric truckmaker in talks to buy General Motors’ idled factory in Lordstown, Ohio, that President Donald Trump has championed reported a dismal quarter of results as vehicle shipments ground to a halt. Workhorse Group Inc. had just $6,000 in sales during the three months ended in June, down from about $171,000 a year earlier. The Cincinnati-based company
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Automobili Pininfarina is looking to follow up its Battisa full-electric hypercar with a range of vehicles that could include a sedan and an SUV, CEO Michael Perschke said. The new Munich-based brand with Italian roots is currently in talks with partners to create a platform that would underpin the cars, which would cost between $220,000
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Editor’s note: This story will be part of a special section focusing on 15 emerging materials that are solving auto industry needs, to be published in the Aug. 5 issue of Automotive News. Hitting an unlined pickup bed with an aluminum bat typically would result in significant dents and a lofty repair bill. But not
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The NTT IndyCar Series is the latest top-flight racing organization to embrace hybrid powertrain technology. The electric power boost is set to debut for the 2022 season in its Dallara-supplied race cars, which are presently powered by either Honda or Chevrolet. Following on the heels of hybrid or electric powertrains now running in Formula 1,
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HANDLER, Ariz. — At a time when the idea of self-driving vehicles has barely left the pages of science fiction in the minds of many consumers, Damian Nichols has already made them a fixture in his everyday life. Nichols, a married father of three, lives in the Phoenix suburbs, where he works in information technology
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Editor’s note: This story will be part of a special section focusing on 15 emerging materials that are solving auto industry needs, to be published in the Aug. 5 issue of Automotive News. Ford Motor Co. revolutionized the use of aluminum for its 2015 F-150 pickup. Now it’s innovating with steel. To form the roof
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American Axle & Manufacturing Holdings Inc. on Friday reported a 65 percent drop in second-quarter net income due to softer-than-expected sales, prompting the supplier to lowered its full-year outlook. The supplier of driveline and drivetrain systems reported second-quarter net income of $52.5 million, or $0.45 per share, on revenue of $1.7 billion, compared with net income
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International Harvester introduced its Scout SUV five years before the launch of the 1966 Ford Bronco. So it almost seems fitting that Ford‘s new, rugged-looking Escape-based Bronco Scout—which may actually end up being called the Ford Adventurer—will launch before the highly anticipated Ranger-based Bronco. Shown here are artist’s renderings of what we think it will
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DETROIT — General Motors said second-quarter net income rose 1.6 percent to $2.4 billion, as the next-generation Silverado pickup powered North American profit growth. The biggest U.S. automaker’s adjusted earnings before interest and taxes fell 5.6 percent to $3 billion from the same period a year ago. Its margin of 8.4 percent slipped 0.3 percentage
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