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Professionalstudioimages | E+ | Getty Images President-elect Donald Trump has been vocal about potentially raising tariffs on imported goods, which experts say could bump up car prices. Trump has talked about implementing an additional 10% tariff on Chinese imported goods, as well as adding tariffs of 25% on all products from Mexico and Canada. On

Tesla CEO and X owner Elon Musk gestures behind protective glass during a rally for Republican presidential nominee and former U.S. president Donald Trump, at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. Carlos Barria | Reuters Tesla CEO Elon Musk, a meagdonor and adviser to President-elect

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla electric vehicles are parked in a parking lot at the Tesla Gigafactory Berlin-Brandenburg plant.  Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla continued to slide on Friday, in what appeared to be a case of investors taking profits from the electric

Nissan Motor CEO Makoto Uchida (L) listens to Honda Motor CEO Toshihiro Mibe (R) attend a joint press conference on March 15, 2024 in Tokyo, Japan.  Tomohiro Ohsumi | Getty Images News | Getty Images Top Japanese carmakers Nissan Motor and Honda Motor are understood to be exploring a blockbuster merger, sending shock waves through the global automotive

Dec 19, 2024, 05:19 PM ET Open Extended Reactions Liam Lawson has been announced as Sergio Pérez’s replacement for the 2025 Formula 1 season. Editor’s Picks The 22-year-old, who has only made 11 grand prix starts over two seasons with Red Bull’s junior team, will be teammates with four-time world champion Max Verstappen. Red Bull

Open Extended Reactions Christian Horner has insisted Red Bull tried “everything” to salvage Sergio Pérez‘s Formula 1 career with the team and added he believes the Mexican driver will benefit from some time out of the sport. Editor’s Picks 2 Related On Wednesday, Pérez and Red Bull confirmed their split, bringing an end to the

Open Extended Reactions Sergio Pérez and Red Bull have agreed to part ways, bringing an end to the Mexican driver’s stint with the Formula 1 team. Editor’s Picks 2 Related RB driver Liam Lawson is expected to be announced as Pérez’s replacement in the coming days. Pérez, whose poor form had cost Red Bull this

Dec 18, 2024, 01:25 PM ET Open Extended Reactions The first Ferrari Formula 1 car to be raced by Lewis Hamilton will be revealed at a launch event at the team’s factory in Maranello on Feb. 19 next year. After 12 years at Mercedes, Hamilton’s Ferrari contract will start in January next year and see

Dec 19, 2024, 04:00 AM ET Open Extended Reactions Red Bull has confirmed that Liam Lawson is to replace Sergio Pérez as Max Verstappen‘s teammate for the 2025 Formula 1 season. Pérez’s exit was announced on Wednesday after a difficult season that saw Red Bull lose the constructors’ championship despite Verstappen winning his fourth straight

Open Extended Reactions Christian Horner said the decision to promote Liam Lawson to Red Bull over Yuki Tsunoda was a marginal call. On Thursday Red Bull confirmed Lawson will be Max Verstappen’s 2025 teammate and the replacement for Sergio Perez, who has left the team. Lawson returned to RB this year but has just 11

Open Extended Reactions Liam Lawson admitted he found it difficult to ignore the obvious prospect of a Red Bull promotion in the final races of 2024. Lawson has been confirmed as Sergio Perez’s replacement for 2025. Editor’s Picks 1 Related The news of Perez’s exit and Lawson’s likely promotion picked up steam in the final

Kelly Crandall Dec 12, 2024, 09:22 AM ET Open Extended Reactions Ryan Blaney spends his offseasons by switching off the competitive part of his personality. James Gilbert/Getty Images Ryan Blaney gets lazy. Brad Keselowski takes more chances. Hendrick Motorsports drivers get right back down to business. There is no one-size-fits-all template for navigating a NASCAR winter,

Laurence Edmondson, Senior Writer, F1Dec 19, 2024, 07:00 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Valtteri Bottas will return to Mercedes as a reserve driver next year after missing out on a seat in Formula 1 in 2025. Bottas was Lewis Hamilton’s teammate at Mercedes from

In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT 2025 Ram 1500 Ramcharger Tungsten Ram DETROIT — Stellantis said Wednesday it will further delay an all-electric Ram pickup from 2025 until 2026, as the automaker confronts slower-than-expected adoption of EVs and competitors struggle to make profits on electric trucks. The decision to delay the

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Cybertruck is parked outside of a dealership on November 14, 2024 in Austin, Texas. Brandon Bell | Getty Images Tesla shares sank more than 8% on Wednesday, notching their steepest drop since before Donald Trump’s election victory last month, which sparked a sharp

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters DETROIT — U.S. new vehicle sales are expected to rise next year to their highest level since 2019, led by lower interest rates and improving affordability, according to

Makoto Uchida (L), president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe (R), director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024.  Richard A. Brooks | Afp | Getty Images Nissan Motor shares surged Wednesday following a media report that

Republican Presidential candidate, former U.S. President Donald Trump speaks to attendees during a campaign rally at the Johnny Mercer Theatre on September 24, 2024 in Savannah, Georgia. Brandon Bell | Getty Images President-elect Donald Trump’s pledge to impose a blanket tariff on all goods coming into the U.S. could wreak havoc for European carmakers, with

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Alphabet-owned Waymo announced Monday that it will start testing its autonomous vehicles in Tokyo in early 2025, the company’s first step toward international expansion.  Waymo hasn’t committed to start commercial service in Tokyo yet,

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth.

In this article STLA STLA Follow your favorite stocksCREATE FREE ACCOUNT Dodge CEO Tim Kuniskis unveils the Charger Daytona SRT concept electric muscle car in Pontiac, Michigan, Aug. 17, 2022. Michael Wayland / CNBC DETROIT — Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned. Kuniskis, who retired from

Jaque Silva | Nurphoto | Getty Images A 26-year-old former OpenAI researcher, Suchir Balaji, was found dead in his San Francisco apartment in recent weeks, CNBC has confirmed. Balaji left OpenAI earlier this year and raised concerns publicly that the company had allegedly violated U.S. copyright law while developing its popular ChatGPT chatbot. “The manner

SEC Chair Gary Gensler participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury in Washington, D.C., July 28, 2023. Kevin Dietsch | etty Images The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire disclosed in a social media post on Thursday. The post

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images Automaker Stellantis and Chinese battery giant CATL on Tuesday announced plans to jointly build a 4.1 billion euro ($4.3 billion), large-scale lithium

Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters DETROIT — There’s a “renewed optimism” among U.S. car dealers heading into 2025, fueled by President-elect Donald Trump’s return to the White House as well as positive

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters Tesla shares jumped to an all-time high on Wednesday, surpassing their prior record

An employee of the Volkswagen plant in Zwickau stands next to the VW logo on the factory premises during an information event organised by the Works Council of Volkswagen Saxony in Zwickau, eastern Germany, on October 28, 2024.  Jens Schlueter | Afp | Getty Images A perfect storm of challenges for the European automobile industry

Ljubaphoto | E+ | Getty Images If you’re in the market for a used car, the best time of the year to buy one is fast approaching. New Year’s Eve and New Year’s Day are the best days of the year to buy a used car because there are 47.9% more deals than average, according

Laurence Edmondson, Senior Writer, F1Dec 10, 2024, 11:04 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Ferrari has confirmed a “multi-year” deal to supply engines and gearboxes to the Cadillac Formula 1 team for its planned arrival on the grid in 2026. In November, F1 announced an

In this article STLA STLA Follow your favorite stocksCREATE FREE ACCOUNT Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024.  Benoit Tessier | Reuters DETROIT — “Arrogant.” It’s the word former Stellantis CEO Carlos Tavares used in June to describe