Let the Driver rumors begin.
General Motors (NYSE: GM) and TWG Global said today that they have reached an agreement in principle with Formula 1* to bring a Cadillac team to the series in 2026. GM is also launching an F1 power unit that will make Cadillac Formula 1 a “full works” team by building its own F1 vehicles and power units by the end of the decade. Until then, it will likely use Ferrari engines.
“As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world,” said GM President Mark Reuss. “This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” Continue reading
EPA – US Fuel Economy Record High. CO2 Record Low
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The U.S. Environmental Protection Agency has made public its 50th annual Automotive Trends Report, showing that model year 2023 vehicle fuel economy reached a record high while greenhouse gas emissions dropped to record low levels.* The report notes that all 14 large automotive manufacturers are in compliance with EPA’s light-duty GHG program requirements through the MY 2023 reporting period. New MY 2023 electric vehicles and plug-in hybrid electric vehicles on the road have led to 11% lower CO2 emissions.**
“This report provides a critical data-driven affirmation that strong, technology-neutral standards can underpin environmental progress while saving drivers money at the pump,” said EPA Administrator Michael S. Regan. “Manufacturers continue to innovate and are bringing technologies to market which will directly improve air quality, better protecting people’s health and saving lives.” Continue reading →