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Cadillac given green light for 2026 F1 entry

Autocar

Briton Graeme Lowdon, who previously headed the Virgin/Marussia F1 team, will serve as principal for the Cadillacteam, which will have operations in both the US and UK. That means that by 2028 there could potentially be six manufacturer engine programmes: Ferrari, Mercedes-AMG, Red Bull-Ford, Honda, Audi and GM.

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Guenther Steiner Out As Haas F1 Team Principal, Former Engineering Director To Take His Place

Carscoops

However, after nearly a decade with the team, the Italian-American has been absolved of his role as Haas F1’s Team Principal. Regarding the promotion, Komatsu said: “I’m naturally very excited to have the opportunity to be Team Principal at Haas.

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Fisker Dealers Remain Hopeful Despite Brand’s NYSE Delisting

Carscoops

Fisker will be completely delisted from the New York Stock Exchange on April 22 and while the electric car manufacturer appears to be on the brink of collapse, some dealers remain hopeful about the company’s future. Dealer principal at Fisker Albany in New York, Val Ranguelov, says interest in the Ocean remains strong.

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Red Bull RB17 confirmed for 2024 reveal

Autocar

Red Bull RB17 will be a natural rival for Aston Martin Valkyrie, AMG One and GMA T50 Reveal date for Aston Martin Valkyrie rival confirmed by Red Bull principal; is a 1250bhp, £5m V8 hybrid The Red Bull RB17 has been confirmed for a 2024 reveal by team principal Christian Horner as the brand's first ever hypercar.

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Consumer laws shift from dealers to car makers under fixed-price sales model

Drive.com

In recent years, car companies such as Mercedes-Benz and Honda have adopted a fixed-price model – also known as the ‘agency model’ – in which the manufacturer owns all new-car stock, and dealers merely receive a fee for selling their products at non-negotiable prices. MORE: Does Australia need a ‘lemon law’?

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Do manufacturers calculate interest and add to the loan?

Shawn Ryder

A common question that arises is: do manufacturers calculate interest and add it to the loan? In this blog post, we will explore the intricacies of automotive financing, including how interest is determined, what factors influence the rates, and how manufacturers and dealerships play a role in this process.

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Evans Halshaw opens Peugeot showroom in Leeds

Motor Trader

Evans Halshaw has opened a Peugeot showroom in Leeds, where George Ferebee is dealer principal, located at Unit 3, Gelderd Motor Park, Gelderd Road, Leeds, LS12 6EG. The workshop is operated by a team of manufacturer trained technicians. The site facilities include a customer waiting area with coffee and access to WiFi.

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