Open Extended Reactions Ferrari boss Fred Vasseur said he has been enabling the team to work without fear of mistakes or failure as the team enjoys an unexpected constructors’ championship challenge. Ferrari is 36 points behind McLaren with three races, starting with Saturday’s Las Vegas Grand Prix, still to run. The famous Italian team has
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Maskot | Digitalvision | Getty Images Prospective car buyers considering an electric vehicle may need to act fast to get a Biden-era EV tax credit worth up to $7,500, due to the likelihood that President-elect Donald Trump and Republicans on Capitol Hill will axe those savings in tax negotiations next year, according to auto and
In the wake of the warmest decade on record, nations around the world are racing to reduce greenhouse gas emissions. Through legal accords such as the Paris climate agreements, global leaders have committed to cutting emissions in half by 2030. Doing so necessarily involves a holistic transformation of the automotive industry, which accounts for roughly
Associated Press Nov 19, 2024, 11:28 AM ET Open Extended Reactions Arrow McLaren said Tuesday that team principal Gavin Ward has left the IndyCar team after two seasons in a mutual and strategic decision among executive leadership. Arrow McLaren said it will rely on a handful of leadership acquisitions, including former Indianapolis 500 winner Tony
In this article STLA STLA Follow your favorite stocksCREATE FREE ACCOUNT Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at The Venetian Resort Las Vegas on January 05, 2023 in Las Vegas, Nevada. Ethan Miller | Getty Images DETROIT — Stellantis
Volkswagen’s captive finance division will stop writing loans for VW and Audi vehicles in the U.S. In the manufacturing world, the UAW has filed an unfair labor practice charge against Stellantis over production of the Dodge Durango. Those are two of the top five stories of the week as determined by Automotive News reader interest.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT CNBC’s Jim Cramer made the case for owning Tesla stock, saying it’s worthwhile not because President-elect Donald Trump reportedly wants to relax U.S. self-driving rules, but because of CEO Elon Musk himself. “While I don’t buy the national self-driving mandate, I think nothing truly dulls
UAW President Shawn Fain said it’s not every day that the union finds itself on the same side as dealers. But the two groups have become united in their belief that Stellantis CEO Carlos Tavares is mismanaging the world’s fourth-largest automaker. Dealers say “reckless short-term decision-making to secure record profits in 2023” has left them
Open Extended Reactions Formula 1’s Canadian Grand Prix will move into May from 2026 onwards, coupling it with Miami’s race and helping the championship consolidate the European leg into one singular period. In recent years Montreal’s race has been an anomaly, often falling between European events which make up the middle of an F1 season.
Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images Tesla shares jumped on Monday following a report that President-elect Donald Trump’s transition team
Six years after its last appearance at the Paris auto show, Tesla Inc. will return to the event Oct. 14-20 with a display of its complete lineup – including the Cybertruck, which is not sold in Europe. The addition of Tesla, announced by the show organizers, is another indication that the Paris event is enjoying
TURIN – Stellantis’ struggling luxury brand, Maserati, has the right technologies and products to meet its sales and profit targets, but still has significant work to do on marketing, Stellantis CEO Carlos Tavares said. Maserati’s global sales fell more than 50 percent to 6,500 vehicles from January to June from 15,300 in the same period last
Nov 17, 2024, 09:10 AM ET Open Extended Reactions BARCELONA, Spain — Prima Pramac Racing’s Jorge Martin was crowned the 2024 MotoGP world champion after he finished third at Sunday’s season-ending Solidarity Grand Prix, which was won by his title rival Francesco Bagnaia of Ducati. Martin led by 19 points heading into the final race
BYD is presenting the European version of the full-electric Sealion 7, a rival to the Tesla Model Y, at the 2024 Paris auto show. The midsize SUV will slot in below the Tang large electric SUV in Europe and alongside the Seal U midsize SUV, which is available with plug-in hybrid and battery-electric model drivetrains.
When a fire killed 23 workers at the South Korea Aricell lithium battery factory in June, the flames were so intense that authorities struggled to identify the bodies. The victims, many of them migrant workers, were part of a global supply chain rampant with environmental, labor and human rights violations. As the electric vehicle battery
Niamh Lewis Nov 14, 2024, 09:10 AM ET Open Extended Reactions Teams up and down the paddock form their own catering departments, feeding more than 1,000 people each race weekend. Laurence Edmondson for ESPN One of the most mind-boggling things about Formula 1 is the logistics of the so-called “circus.” It is one of few sports
In this article RIVN VOW3-DE Follow your favorite stocksCREATE FREE ACCOUNT A provided image of Oliver Blume, CEO of Volkswagen Group and RJ Scaringe, founder and CEO of Rivian, as the companies announce joint venture plans on June 25, 2024. Courtesy: Business Wire Rivian Automotive and Volkswagen Group have released details of their previously announced
The upcoming extended-range Ram 1500 Ramcharger pickup won’t look much different from its gasoline-powered counterpart. But under its fenders, the vehicle will use a flexible chassis with many different parts and, of course, a completely different drivetrain, wiring harnesses, cooling packages and more. Now add in the myriad models, trim levels and options and the
Nov 13, 2024, 01:29 PM ET Open Extended Reactions Las Vegas Grand Prix organisers have ruled out one day following Formula 1’s other U.S. rounds in Austin and Miami and switching to a sprint format. The 100km race, a day before the main event, is aimed at providing more racing entertainment for fans but the
Cars once represented a pillar of the American dream — mobility and independence. But they’ve become something of a luxury product, and customers and auto dealers are growing frustrated. The average price for a car in the U.S. is nearly $50,000, an increase of close to 30% in the past five years, according to Kelley
BMW AG is recalling nearly 700,000 vehicles in China due to coolant pump defects, a fresh setback for the German carmaker that’s reeling from other vehicle faults. BMW will recall 499,539 cars produced locally, and 188,371 imported vehicles from March 1, 2025, China’s State Administration for Market Regulation said in a statement Friday. Faulty coolant
Nov 15, 2024, 11:40 AM ET Open Extended Reactions Carlos Sainz will join Williams from Ferrari for the 2025 season. Mark Sutton/Getty Images Ferrari’s Carlos Sainz will join Williams for Formula 1’s post-season test in Abu Dhabi next month, the Spaniard’s future employers said on Friday. Sainz is leaving Ferrari at the end of the year
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid
When ChatGPT burst on the scene last spring, one of the editors at Automotive News asked it about himself. It described his career, listed several newspapers that had published his work and said he had died six years earlier. (To be clear, he hadn’t.) So my first impression of the technology was that it was
Nov 14, 2024, 05:10 AM ET Open Extended Reactions Monaco first hosted a grand prix in 1950. Marco Canoniero/LightRocket via Getty Images Formula 1 will race in Monaco until 2031 following a six-year extension to the principality’s contract. The Monaco Grand Prix has been on the F1 calendar since the start in 1950, hosting 70 grands
Hyundai CEO Jaehoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York International Auto Show Michael Wayland | CNBC DETROIT – Hyundai Motor Co. on Thursday named Jose Munoz as the next president and CEO of the South Korean automaker, effective Jan. 1. Munoz, an auto industry
Associated Press Nov 14, 2024, 10:25 AM ET Open Extended Reactions Roger Penske on Thursday added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long Beach. He bought the race from Gerald Forsythe, who owned half the event with the late Kevin Kalkhoven. Forsythe
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters DETROIT — Volkswagen Group increased its planned investment for a joint venture with electric vehicle startup Rivian Automotive to $5.8 billion
Associated Press Nov 13, 2024, 01:48 PM ET Open Extended Reactions Greg Maffei is stepping down as president and chief executive of Liberty Media, the company that owns Formula 1. Liberty Media said Wednesday that Maffei would leave his role when his contract expires at the end of the year and become an adviser. The
View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22 Bishopsgate disappears into mist on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Britain’s motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in
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