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1 day ago | 
forbes.com | Bill Koenig
A Chinese-made BYD Shark hybrid truck on display outside a Society Automotive Analysts event on ... More Thursday in Auburn Hills, Michigan. Bill KoenigTraditional automakers face an “existential threat” from China’s auto industry which is moving faster to design vehicles and reduce costs, an executive of an engineering services company said Thursday. “They can change incredibly fast," said Terry J. Woychowski, president, automotive of Caresoft Global, a Michigan-based engineering services company.
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2 days ago | 
forbes.com | Bill Koenig
John Murphy, auto analyst at BofA Securities, speaks at an Automotive Press Association event on ... More WednesdayBill KoenigVehicle prices will continue to increase amid tariffs and trade wars while electric vehicle demand is faltering, a Bank of America Securities auto analyst said Wednesday. “Costs are going up and prices will have to go up for consumers,” John Murphy, the analyst, said at an Automotive Press Association event at a regional BofA office in Farmington Hills, Michigan.
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1 week ago | 
flipboard.com | Bill Koenig
Brad Pitt reveals his message to every F1 driver before shooting ‘F1’ movieBrad Pitt made his way into the secretive drivers’ briefing ahead of the British Grand Prix and spoke with all 20 racers before production of his new …
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1 week ago | 
forbes.com | Bill Koenig
The good: The 2025 Indianapolis 500 had an average viewership on Fox Sports of 7.05 million on May 25. That was the highest television ratings for the event since 2008 and up from 5.02 million in 2024, the last time NBC televised the race. It was also better that the almost 6.8 million viewers for the Daytona 500 in February, NASCAR’s biggest race, also televised by Fox. Since the mid-1990s, NASCAR has dominated IndyCar racing in the United States.
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2 weeks ago | 
forbes.com | Bill Koenig
Roger Penske, who owns the Indianapolis Motor Speedway, the IndyCar series and a major IndyCar team, didn’t wait long to react to a major embarrassment. Penske’s team was penalized by his own racing series after the team improperly prepared team race cars for a run at the pole position for this weekend’s Indianapolis 500. That meant that two Penske entries will start at the back of the Indy 500 field on Sunday.
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2 weeks ago | 
forbes.com | Bill Koenig
Both IndyCar and NASCAR are receiving broadcasting revamps for May, the biggest month for auto racing. With IndyCar, Fox has taken over televising the Indianapolis 500, the most important event on the IndyCar calendar. Fox is utilizing all its assets for the occasion. Fox’s FS1 and FS2 cable channels have been deployed at various times. FS1 last week showed two hours a day of Indianapolis 500 practice.
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3 weeks ago | 
forbes.com | Bill Koenig
Automation – robots, sensors, simulation software among other things – is speeding up even while manufacturing faces uncertainty. This week’s Automate Show in Detroit is demonstrating various types of automation. The annual event alternates between Detroit and Chicago. Manufacturing faces worker shortages. As a result, companies are looking for automation to take up that slack as well as improve efficiency. Manufacturers, including automakers, are looking for more and faster.
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3 weeks ago | 
forbes.com | Bill Koenig
This month is huge for auto racing. You have the Grand Prix of Monaco, one of the most famous Formula One events. You have the Coca-Cola 600, the longest race on the NASCAR calendar. Historically, however, the most famous May race is the Indianapolis 500. It began in 1911, two years after the facility was built. It has been held almost every year since then except for World War I and World War II. Still, Indy has its challenges. NASCAR passed IndyCar as the biggest U.S. racing series years ago.
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1 month ago | 
forbes.com | Bill Koenig
The 2025 Auto Shanghai show has featured new models and component systems introduced. An automotive consultant said Monday there was one subject that wasn’t mentioned much but still had an impact on the show – the 145% U.S. tariffs on Chinese goods implemented by President Donald Trump. “The tariffs weren’t talked about but there a cloud,” said Tu Le, founder and managing director of Sino Auto Insights, a Beijing-based consulting firm.
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1 month ago | 
forbes.com | Bill Koenig
Forvia, a major French-based automotive supplier, is using this week’s Shanghai auto show to introduce new products. The event is a sign that, despite the auto trade battle between the United States and China, the auto industry remains international. “Auto Shanghai is where the future of mobility becomes reality — a time machine fast-forwarding us into tomorrow,” Martin Fischer, chief executive officer of Forvia, said in a statement.
