Street News Anchor

Stellantis is about to make important announcements for the U.S. market on May 21 at its investor day event in Auburn Hills as part of the company’s new strategic turnaround plan. The strategy is likely to focus regionally on key brands such as Jeep and Ram in the U.S. and Fiat and Peugeot in Europe, with Stellantis also expected to detail a cost-cutting plan and lay out how it aims to return to profitability following a net loss of over $26 billion in 2025. Parts of the strategy have already started to be revealed by Stellantis, including the planned launch of a “groundbreaking, small and affordable E-Car project” in Europe. The automaker argues that Europe needs a new generation of basic, cost-efficient small vehicles, in the style of Japan’s kei cars. The First E-Car Will Be Made in Italy From 2028 The first small, low-cost EV for the European market is expected to enter production in 2028 at the Pomigliano d’Arco plant in Italy, with potential for “significant” volumes. This may be a hint that the first product of the E-Car line will be a Fiat, since the facility currently builds the Fiat Panda. Mind you, badge engineering is quite common across Stellantis brands, so the E-Car will put on more than one badge. While Stellantis did not disclose how much its affordable electric city car will cost, sources cited by Reuters claim it will have a price tag of around 15,000 euros, which is the equivalent of around $17,500. In order to achieve such a low price, Stellantis said the E-Car will draw on partnerships to keep costs down and speed up development, while supporting local manufacturing jobs. “Our customers are calling for a revival of small, stylish vehicles, proudly produced in Europe, which are also affordable and environmentally friendly,” said Stellantis CEO Antonio Filosa. “Stellantis is answering their call with exciting new models for multiple brands. Production is expected to start in 2028 in our Pomigliano (Italy) plant.” The E-Car Line Will Be Developed With Unnamed Partners Stellantis’ press release also noted that the E-Car models will feature “cutting-edge design” and will be powered by “world-class BEV technologies” developed with selected partners. While no partners have been named, the low-cost approach and the focus on an accelerated time-to-market hint at tie-ups with Chinese automakers. Stellantis already has a close partnership with Leapmotor, in which it holds a 20% stake, and has announced plans for joint production of two models in Spain with the Chinese carmaker. Additionally, Stellantis on May 20 announced the intention to form a European joint venture with China’s Dongfeng for sales, distribution, manufacturing, purchasing and engineering activities. With its new small, low-cost category of EVs, Stellantis is targeting a market that has been neglected in recent years in Europe. Rising costs tied to electrification and safety regulations, as well as a search for higher profit margins, have driven carmakers toward mid-sized and larger cars, leading to a shrinking entry-level car segment as a result. Stellantis has warned that without more affordable EVs, the European Union’s push toward zero-emission mobility risks stalling, especially among lower-income consumers. Stellantis View the full article

Stellantis is about to make important announcements for the U.S. market on May 21 at its investor day event in Auburn Hills as part of the company’s new strategic turnaround plan. The strategy is likely to focus regionally on key brands such as Jeep and Ram in the U.S. and Fiat and Peugeot in Europe, with Stellantis also expected to detail a cost-cutting plan and lay out how it aims to return to profitability following a net loss of over $26 billion in 2025. Parts of the strategy have already started to be revealed by Stellantis, including the planned launch of a “groundbreaking, small and affordable E-Car project” in Europe. The automaker argues that Europe needs a new generation of basic, cost-efficient small vehicles, in the style of Japan’s kei cars. The First E-Car Will Be Made in Italy From 2028 The first small, low-cost EV for the European market is expected to enter production in 2028 at the Pomigliano d’Arco plant in Italy, with potential for “significant” volumes. This may be a hint that the first product of the E-Car line will be a Fiat, since the facility currently builds the Fiat Panda. Mind you, badge engineering is quite common across Stellantis brands, so the E-Car will put on more than one badge. While Stellantis did not disclose how much its affordable electric city car will cost, sources cited by Reuters claim it will have a price tag of around 15,000 euros, which is the equivalent of around $17,500. In order to achieve such a low price, Stellantis said the E-Car will draw on partnerships to keep costs down and speed up development, while supporting local manufacturing jobs. “Our customers are calling for a revival of small, stylish vehicles, proudly produced in Europe, which are also affordable and environmentally friendly,” said Stellantis CEO Antonio Filosa. “Stellantis is answering their call with exciting new models for multiple brands. Production is expected to start in 2028 in our Pomigliano (Italy) plant.” The E-Car Line Will Be Developed With Unnamed Partners Stellantis’ press release also noted that the E-Car models will feature “cutting-edge design” and will be powered by “world-class BEV technologies” developed with selected partners. While no partners have been named, the low-cost approach and the focus on an accelerated time-to-market hint at tie-ups with Chinese automakers. Stellantis already has a close partnership with Leapmotor, in which it holds a 20% stake, and has announced plans for joint production of two models in Spain with the Chinese carmaker. Additionally, Stellantis on May 20 announced the intention to form a European joint venture with China’s Dongfeng for sales, distribution, manufacturing, purchasing and engineering activities. With its new small, low-cost category of EVs, Stellantis is targeting a market that has been neglected in recent years in Europe. Rising costs tied to electrification and safety regulations, as well as a search for higher profit margins, have driven carmakers toward mid-sized and larger cars, leading to a shrinking entry-level car segment as a result. Stellantis has warned that without more affordable EVs, the European Union’s push toward zero-emission mobility risks stalling, especially among lower-income consumers. Stellantis View the full article

UPDATE: Tragic news as Kyle Busch has died. He was 41. Read Also: NASCAR CupNASCAR great Kyle Busch dies at 41 after illness Kyle Busch has been checked into a hospital with an undisclosed illness and will not compete in the Coca-Cola 600 this weekend at Charlotte Motor Speedway. Busch, who won the Coke 600 in 2018, has not missed the event since 2003. The official ...Keep readingView the full article

Genesis Magma Is Starting To Take ShapeThe GV60 Magma already gives us a sense of what Genesis has in mind for its entry into the electric performance realm. Aggressive aero, chassis revisions, and a dual-motor setup producing up to 641 horsepower in Boost Mode. Not too shabby. The GV60 Magma is getting ready for its US arrival for the 2027 model year, but what’s next? Well, thanks to a recent prototype sighting in Korea, it looks like Genesis may already have another Magma model deep into development – and this time, it might not be electric at all. A GV70 Prototype Hints At Something BiggerA prototype seen near Hyundai Motor Group’s Namyang R&D Center gives a good idea of Genesis’s next move. It was a Genesis GV70 – not the first sighting, but this one has a clearer sound that refutes the previous report about a V8 engine. The Magma Orange paint was the first giveaway. Genesis uses this color as the signature for its performance models, so seeing it on a GV70 prototype is no accident. The rear end also featured a quad-exhaust setup, which the standard GV70 does not have. The main question is what’s under the hood. The prototype in the video sounded like it had a V6, supporting previous reports that the GV70 Magma will be powered by a 3.5-liter twin-turbo V6 with a 48-volt electric supercharger. It’s the same setup used in the G90 and GV80 Coupe. This setup makes about 415 horsepower and 405 lb-ft of torque, a step up from the standard GV70 3.5T. The electric supercharger is key here, cutting turbo lag and giving immediate low-end response. The GV70 uses the Hyundai-Kia M3 platform, which it shares with the larger GV80. That means the twincharged setup should fit without major changes. HealerTV/YouTube What We Expect From The GV70 MagmaInterestingly, the prototype ran on larger forged wheels with staggered tires: 265/40 R21 in front and 295/35 R21 at the rear. Red monoblock brake calipers and bigger rotors point to upgraded braking. The ride height looked slightly higher, possibly to accommodate wider arches or new suspension tuning, though we still expect a better stance in the production model. Meanwhile, the prototype’s body looks mostly unchanged. Unlike some performance SUVs with oversized aero or body kits, this prototype keeps the standard GV70 proportions. If Genesis moves ahead, the GV70 Magma could be a key performance model for the brand. Unlike the electric GV60 Magma, this version is aimed at buyers who still want a traditional, combustion-powered luxury SUV. With prototypes already on the road in Korea, it looks like Genesis is nearly ready to show what’s next – and soon. HealerTV/YouTube View the full article

Genesis Magma Is Starting To Take ShapeThe GV60 Magma already gives us a sense of what Genesis has in mind for its entry into the electric performance realm. Aggressive aero, chassis revisions, and a dual-motor setup producing up to 641 horsepower in Boost Mode. Not too shabby. The GV60 Magma is getting ready for its US arrival for the 2027 model year, but what’s next? Well, thanks to a recent prototype sighting in Korea, it looks like Genesis may already have another Magma model deep into development – and this time, it might not be electric at all. A GV70 Prototype Hints At Something BiggerA prototype seen near Hyundai Motor Group’s Namyang R&D Center gives a good idea of Genesis’s next move. It was a Genesis GV70 – not the first sighting, but this one has a clearer sound that refutes the previous report about a V8 engine. The Magma Orange paint was the first giveaway. Genesis uses this color as the signature for its performance models, so seeing it on a GV70 prototype is no accident. The rear end also featured a quad-exhaust setup, which the standard GV70 does not have. The main question is what’s under the hood. The prototype in the video sounded like it had a V6, supporting previous reports that the GV70 Magma will be powered by a 3.5-liter twin-turbo V6 with a 48-volt electric supercharger. It’s the same setup used in the G90 and GV80 Coupe. This setup makes about 415 horsepower and 405 lb-ft of torque, a step up from the standard GV70 3.5T. The electric supercharger is key here, cutting turbo lag and giving immediate low-end response. The GV70 uses the Hyundai-Kia M3 platform, which it shares with the larger GV80. That means the twincharged setup should fit without major changes. HealerTV/YouTube What We Expect From The GV70 MagmaInterestingly, the prototype ran on larger forged wheels with staggered tires: 265/40 R21 in front and 295/35 R21 at the rear. Red monoblock brake calipers and bigger rotors point to upgraded braking. The ride height looked slightly higher, possibly to accommodate wider arches or new suspension tuning, though we still expect a better stance in the production model. Meanwhile, the prototype’s body looks mostly unchanged. Unlike some performance SUVs with oversized aero or body kits, this prototype keeps the standard GV70 proportions. If Genesis moves ahead, the GV70 Magma could be a key performance model for the brand. Unlike the electric GV60 Magma, this version is aimed at buyers who still want a traditional, combustion-powered luxury SUV. With prototypes already on the road in Korea, it looks like Genesis is nearly ready to show what’s next – and soon. HealerTV/YouTube View the full article

The 'World Center of Racing' is getting a major update in the form of Musco’s modern LED lighting system, the same system utilized by venues like Yas Marina Circuit, which hosts the Formula 1 Abu Dhabi Grand Prix. Musco also installed the original system at Daytona International Speedway in 1998. Working with Musco, the 2.5-mile superspeedway in Daytona Beach, FL, will install LED lighting ...Keep readingView the full article

A rule change, effective immediately, brings the NASCAR Craftsman Truck Series and O’Reilly Auto Parts Series more symmetrical to what takes place in the Cup Series, specifically regarding cars involved in an incident and on the damaged vehicle policy. Starting last year, NASCAR changed its DVP for the Cup Series allowing cars involved in a crash to complete repairs behind the wall and return ...Keep readingView the full article

NASCAR on (Amazon) Prime Sports earned widespread critical acclaim last season and crew chief analyst Steve Letarte says their success came from a very simple set of instructions from executive producer Alex Strand. “Alex won't pat himself on the back but I think the Prime group gave us a really clear direction on what was expected,” Letarte said on Wednesday during a media call previewing ...Keep readingView the full article

As Team Penske continues to try and find the right formula for its No. 12 pit crew, they have opted to make another change ahead of this weekend's Coca-Cola 600 at Charlotte Motor Speedway. The group has had several problems early in the year with 88 positions lost on pit road in the first eight races of the 2026 season. Both Blaney and rew chief Jonathan Hassler have been fairly open about ...Keep readingView the full article

It may be a bit strange to think that inexperienced drivers seem to shine in this grueling five-hour marathon, but it's happened enough for it to become notable. At 600 miles, no other NASCAR race gets close to the length of the Coca Cola 600. And it is no surprise that several of those drivers who got their first win in NASCAR's longest race went on to become some of the sport's most ...Keep readingView the full article

Between the Coca-Cola 600 and the Indianapolis 500, Katherine Legge will attempt to complete 1,100 miles of racing between wildly different events on the same day, and separated by multiple states. Nothing compares to that feat, but Trackhouse Racing teammates Ross Chastain and Connor Zilisch are attempting to complete their own 1,100-mile journey across all three national divisions this ...Keep readingView the full article

Kevin Harvick, Jeff Burton and Larry Phillips will soon be enshrined into the NASCAR Hall of Fame. On Tuesday, members of the NASCAR Hall of Fame Voting Panel met for an in-person closed session at the Charlotte Convention Center to debate upon the 15 nominees. This Class of 2027 was determined by votes cast from the 50-member panel. The panel includes current living members of the Hall of ...Keep readingView the full article

Dale Earnhardt Jr. largely enjoyed the All Star Race on Sunday afternoon at Dover Motor Speedway but largely as a standard race and not as part of the lineage it represented. To that end, the Hall of Famer and winner of the 2000 running of ‘The Winston’ has his own ideas with what to do with the event. “We’re doing too much,” Earnhardt said on his Dale Jr. Download podcast on ...Keep readingView the full article

Natalie Decker is back in the news after her recent NASCAR Craftsman Truck Series start at Dover. Earlier this year, she received criticism for arriving late to a wreck in the NASCAR O'Reilly season-opener at Daytona, but this situation was different. After being penalized by NASCAR for changing lanes before the start, and later told she was not meeting minimum speed, she got very upset on the ...Keep readingView the full article

NASCAR on Prime Video is back! As the Cup Series heads to streaming for the next five weeks, the popular trackside coverage that featured lengthy post-race shows is back. Alongside Danielle Trotta and Corey LaJoie, who will be there every week, the panel will have a rotating cast of NASCAR legends for each of the five races the streaming platform will broadcast. NASCAR Hall of Famer Carl ...Keep readingView the full article

There are 39 entries for the 67th running of the Coca-Cola 600 at Charlotte Motor Speedway -- NASCAR's longest race. Of note, with up to 40 cars allowed to take part in every race, this means Katherine Legge will be locked in as she attempts to become the sixth driver in history to run the Indy 500 and the Coke 600 on the same day. With sponsorship from e.l.f. Cosmetics, she will drive the No ...Keep readingView the full article

The 2026 edition of the NASCAR All-Star Race featured big wrecks, fireballs, field inverts, and a calculator nearby. The 350-lapper was the first time the event has gone to Dover, with the Monster Mile not hosting a points race for the first time since 1968. And while the format was completely different than your standard race, the same driver who won at Dover last year returned to Victory ...Keep readingView the full article

After Denny Hamlin's big win in the Dover All-Star Race, NASCAR heads home to Charlotte, North Carolina, for one of its most prestigious races on the calendar -- the 67th running of the Coca-Cola 600. In this guide, you can find all the information you need to be ready for 600 miles of racing in the heart of NASCAR: Charlotte Motor Speedway Track Specs and Origins Track Length: 1.5 ...Keep readingView the full article

Sunday at Dover Motor Speedway would have been a fine race if it were not weighted by the expectations of the All-Star Race name. This was the first race at The Monster Mile with the increased horsepower and reduced downforce package. Combined with a light application of resin from top to bottom and the use of a tire dragon all weekend, this was the best racing product at Dover in the five-year ...Keep readingView the full article

Sunday marked the 67th time that Denny Hamlin has won a race in the NASCAR Cup Series but not all of them have counted. The official tally is still at 61, even after a career that includes four victories in The Clash/Shootout, and now his second in the All-Star Race, but he really resents this one not counting. He’s counting! “This one doesn't count,” Hamlin said with a laugh after ...Keep readingView the full article

Denny Hamlin now has two wins in NASCAR's All-Star Race, taking victory in a chaotic race at Dover's 'Monster Mile.' He will be awarded the $1 million prize. He started from pole position, and led 103 laps. His Joe Gibbs Racing teammate Chase Briscoe finished second after leading 61 laps, and Legacy Motor Club's Erik Jones completed a Toyota 1-2-3. Austin Dillon finished fourth, Connor ...Keep readingView the full article

On the second lap of the NASCAR All-Star Race at Dover, a massive crash unfolded at the back of the field as drivers scrambled to make up ground. Ryan Preece was on the outside of a three-wide situation, battling with Todd Gilliland and Kyle Larson. Preece and Gilliland touched, and all three cars got tangled together. A multi-car crash ensued, and Preece backed into the Turn 1 wall at a ...Keep readingView the full article

For the third time in just under two months, Rajah Caruth left a NASCAR O’Reilly Series race feeling as though Jesse Love had valid reasons to be frustrated with him. This time at Dover, racing for the lead on Lap 100, Caruth bobbled under Love and they both ended up in the wall. It significantly damaged the Richard Childress Racing No. 2 and Love could only drive it to a 23rd place ...Keep readingView the full article

Corey Day now has two wins in the NASCAR O'Reilly Auto Parts Series, winning at Dover on Saturday. Driving the No. 17 Hendrick Motorsports Chevrolet, he ran down the No. 7 JR Motorsports Chevrolet of Justin Allgaier, passing him for the lead as they split the lapped car of Blake Lothian. Day didn't lead a single lap until passing Allgaier with four laps to go, driving away to take the win ...Keep readingView the full article

Despite all the changes, Dover still largely feels like Dover according to NASCAR Cup Series drivers this weekend. The changes include, primarily, the first race at The Monster Mile, in which the new short track rules package and increased horsepower have been affixed to the NextGen car. Additionally, NASCAR and Speedway Motorsports have applied a light coating of resin across the entire ...Keep readingView the full article