Tim McKenzie
395 ARTICLES
Aerospace Giant Boeing Adjusts 20-year Outlook For Commercial Airplanes
17 Jul 2022, 15:18 UTC · By: Tim McKenzie / On the eve of the biggest airshow in the aviation industry, the Chicago-based aerospace comapany has pared down its forecast for global commercial aircraft demand from 43,610 to 41,170 units, which represents a decrease of 6%. The new number doe...
Brittany Force Rumbles to Top Fuel Qualifying Lead in Denver
17 Jul 2022, 15:04 UTC · By: Tim McKenzie / After celebrating her 36th birthday just under ten days ago, the California State Fullerton University graduate is looking for a belated present in the form of a win at the Mile-High Nationals in Denver. The altitude may have played tricks on Fo...
Colton Herta Turns in Furious Final Lap for 2022 Toronto Indy Pole Position
17 Jul 2022, 08:48 UTC · By: Tim McKenzie / Colton Herta, the youngest driver to ever win an IndyCar Series race, saved his best for last on his final flying lap to out-duel Scott Dixon for pole position for Sunday's Honda Indy Toronto. It is the first time this year the IndyCar Series ...
Analysts Are Not As Excited About the Looming Porsche IPO As Volkswagen Is
17 Jul 2022, 08:43 UTC · By: Tim McKenzie / Investors are not convinced that Volkswagen AG's Porsche brand compares with other luxury brands like Ferrari or Louis Vuitton, as the company claims. Volkswagen has recruited over a dozen banks to help push an IPO that could become the b...
Rivian's Illinois Facility Is a Robotic Wonder Churning Out the R1T, R1S, Delivery Vans
16 Jul 2022, 09:20 UTC · By: Tim McKenzie / Rivian Automotive, Inc, is an Irvine, California-based company that manufactures electric vehicles at an expensive factory in Normal, Illinois once used by Mitsubishi. The facility is capable of manufacturing 150,000 vehicles per year. Rivian ma...
Multinational Automaker Has Eyes Set on Promoting Innovation in Auto and Mobility Tech
16 Jul 2022, 08:56 UTC · By: Tim McKenzie / The Amsterdam-based automotive group announced in March the formation of Stellantis Ventures. An opening tranche of $300 million will help fund startup companies working in tech innovation in support of automotive and mobility-related advancements...
Global Volkswagen Group Sales Plummet by 22% While BEV Sales Increased
15 Jul 2022, 12:19 UTC · By: Tim McKenzie / The company's Central European sales were down by almost 50%, while Western Europe saw declines of 25.7%. Battery-electric vehicle sales increased modestly by selling 217,100 in the first half of the year, As recently as May 2022, the compa...
Saudi Arabia Sovereign Wealth Fund Set To Become No 2 Shareholder of Aston Martin
15 Jul 2022, 09:46 UTC · By: Tim McKenzie / The Saudi sovereign wealth fund will acquire a 17% stake in British luxury automaker Aston Martin and become the company's second largest shareholder behind Chairman Lawrence Stroll's Yew Tree. As a result of the share purchase, the w...
New Volvo CEO Talks Being All-Electric, the U.S. and European Markets, and More
15 Jul 2022, 05:37 UTC · By: Tim McKenzie / The introduction of Volvo's flagship third-generation X90 has yet to be formally announced, but the newly appointed CEO is confident in achieving the goal of being an all-electric company by 2030. In response to questions from Automotive N...
EVGO Is 'On the Go' With Expanded Fast-Charging Network in Partnership With GM
15 Jul 2022, 05:13 UTC · By: Tim McKenzie / In executing a plan that was laid out between GM and EVGO last year, the two companies announced newly defined details. As electric vehicle demand increases, the need for charging infrastructure expansion does as well, and the need is to scale fast...
Mecum Auctions Harrisburg 2022 Set for July 27–30 Features Over 1200 Vehicles
14 Jul 2022, 15:09 UTC · By: Tim McKenzie / Mecum Auctions Harrisburg 2022 is celebrating over 30 years in the collector car auction business offering over 20,000 lots per year and averaging one auction per month. A highlight of this year's auction is a 1968 Shelby GT 500. The car co...
Mercedes-Benz Announces Plan for Production To Begin on All-Electric Buses for Sao Paulo
14 Jul 2022, 10:14 UTC · By: Tim McKenzie / Mercedes-Benz first introduced an all-electric bus for the Brazilian market last year and is now nearing a date for manufacturing to begin with its sights set on November or December. The battery-powered eo500u city bus stands for environmentall...
Boeing; From Furniture and Wooden Boats to Global Aerospace Giant
14 Jul 2022, 05:25 UTC · By: Tim McKenzie / Despite recent turbulence surrounding two crashes of Boeing 737 MAX airplanes in late 2018 and early 2019, the company remains among the world's largest aerospace manufacturers. The company is the third largest defense contractor...
Ford Continues To Deliver on Promises As Its Commitment to Electric Vehicles Rolls On
14 Jul 2022, 05:10 UTC · By: Tim McKenzie / Way back in 2018, when then Ford Motor Company CEO Jim Hackett announced the company was investing $11 billion by 2022 in Electric vehicle technology, there were skeptics abound. Backed by the Ford family and chairman William Ford Jr., the compa...
Vinfast Secures Funding From Banks for Vehicle and Battery Plants in the U.S.
14 Jul 2022, 05:05 UTC · By: Tim McKenzie / Fresh off announcing earlier this month the opening of the first group of showrooms dedicated to the introduction of their first electric vehicle, Vinfast has secured financing for building manufacturing capabilities in the U.S. The Hanoi-based...
NHRA Releases the First Four Dates for the 2023 Season Beginning at Gainesville Speedway
13 Jul 2022, 14:32 UTC · By: Tim McKenzie / Beginning with the 54th annual Amalie Motor Oil NHRA Gatornationals at Gainesville Raceway in Gainesville, Florida, the 2023 Camping World Drag Racing Series opens from March 9th-12th, the NHRA has announced. The opening weekend will also feature t...
Coquine Yacht Design Once Again Pushes the Envelope of Yacht Design With 'Coba'
13 Jul 2022, 12:15 UTC · By: Tim McKenzie / The passion, vision, and creativity of the UK-based yacht design group Coquine have presented the industry with another stunning concept super yacht. Dubbed 'Coba,' the 49-meter design incorporates underwater exploration features with...
UK-Based Start-Up Aggressively Working To Solve EV Battery Issues
13 Jul 2022, 09:08 UTC · By: Tim McKenzie / A recent Consumer Reports survey of around 8000 people reveals that 36% of consumers would seriously consider purchasing an electric vehicle as their next auto purchase. The survey when on to ask what concerns they have about electric vehicles and ...
52M Gallant Lady Is Sea-Ready After Extensive Re-Fit at Netherland Shipyard
12 Jul 2022, 12:41 UTC · By: Tim McKenzie / Originally built at the famed Netherland shipyard Feadship, for owner Jim Moran in 2007, Gallant Lady underwent extensive interior and exterior work in addition to scheduled maintenance and technical upgrades to bring her up to 2022 standards. S...
Car Shows in Bangkok Continue To Draw Crowds Including Last Weekend's Fast Auto Show
12 Jul 2022, 09:37 UTC · By: Tim McKenzie / For years, the capital city of Thailand, Bangkok, has had its hands full trying to deal with the massive amount of traffic on highways and streets in a city of 11 million people. Despite the various public transportation options throughout the city...