Lucid Motors unveiled a compact new electric drive unit that incorporates the motor, inverter, differential, and transmission, which will be used on the front axles of this year’s Formula E ...

Cadillac CEO Dan Towriss says the GM power unit project for Formula 1 is ahead of schedule, with plans still in place to debut its own engine in 2029.

Honda has formally registered as a power unit supplier for the next cycle of Formula 1 engine regulations. Formula 1 and the FIA last year laid out its framework for the next set of power unit ...

(Bloomberg)—Reckitt Benckiser Group is struggling to sell its infant nutrition unit, Chicago-based Mead Johnson, with only a small number of private-equity funds following through with bids, people ...

The current Formula 1 power unit regulations are officially set to be replaced at the end of the 2025 season after the Fédération Internationale de l'Automobile (FIA) approved the championship's next ...

SPA-FRANCORCHAMPS, Belgium (AP) — German manufacturer Audi will enter Formula One in 2026 in line with new engine regulations, chairman Markus Duesmann said on Friday. Audi will manufacture its own ...

Reckitt Benckiser has chosen to recall certain batches of a special baby formula powder due to possible bacterial contamination. Based on when the product was manufactured and distributed, the company ...

Ferrari has confirmed that it will provide power units and gearboxes to Cadillac when the American Formula 1 team enters the racing series in 2026. It was confirmed in November that General Motors and ...

Reckitt Benckiser RKT-1.60%decrease; red down pointing triangle, the consumer-goods giant that makes Lysol and Durex condoms, said it would sell off some of its home-care brands and launch a strategic ...

General Motors has announced that it will be developing and building a Formula 1 power unit for the potential Andretti Cadillac entry. The automaker has formally registered this status with the FIA, ...

Reckitt Benckiser Group PLC,RKT-1.57%decrease; red down pointing triangle the maker of Enfamil, is pushing ahead with a multibillion-dollar sale of its infant-formula business as severe shortages ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...