Honda, LG to Build $4.4B U.S. Battery Production Facility

LG Energy Solutions and Honda Motor Co. have reached an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market, the companies announced. With this agreement, LGES and Honda will invest a total of USD $4.4 billion and… Continue reading Honda, LG to Build $4.4B U.S. Battery Production Facility

U.S. Postal Service Issues Pony Car Stamps

The U.S. Postal Service issued new Pony Cars Forever stamps at the Great American Stamp Show, the organization announced. The stamps celebrate five iconic U.S. automobiles — the 1969 Ford Mustang Boss 302, the 1970 Dodge Challenger R/T, the 1969 Chevrolet Camaro Z/28, the 1967 Mercury Cougar XR-7 GT and the 1969 AMC Javelin SST.… Continue reading U.S. Postal Service Issues Pony Car Stamps

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Hagerty Names New CFO

Hagerty has named Patrick McClymont as its next chief financial officer, effective Sept. 6, the company announced. He will succeed current CFO Fred Turcotte, who will retire but will remain with the company in a senior advisor role through 2023. “On behalf of the Board of Directors and leadership team, we are grateful for Fred’s… Continue reading Hagerty Names New CFO

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Porsche Debuts New 911 GT3 RS

Porsche has debuted the new Porsche 911 GT3 RS, which has been designed for maximum performance, the company announced. Even beyond the high-revving naturally aspirated engine and lightweight construction, it is the cooling and aerodynamic systems of the 911 GT3 RS that connect it most directly with its motorsport brother, the 911 GT3 R, the… Continue reading Porsche Debuts New 911 GT3 RS