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GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT — Increases in sales of electric vehicles and small crossovers helped General Motors report slightly better-than-expected sales during the third quarter. The Detroit automaker reported a 2.2% drop in third-quarter sales compared

Laurence Edmondson, F1 EditorOct 1, 2024, 06:24 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Charles Leclerc is curious to see how he compares to Lewis Hamilton when the pair become Ferrari teammates next season. Hamilton shocked the Formula 1 world in February when he announced he

Tesla Chief Executive, Elon Musk enters the lobby of Trump Tower in Manhattan, New York, U.S., January 6, 2017.  Shannon Stapleton | Reuters Tesla is set to report third-quarter vehicle production and delivery numbers on Wednesday.  Analysts are expecting Elon Musk‘s automaker to report about 463,310 deliveries, according to estimates compiled by FactSet StreetAccount. That

In this article 9868-HK 2015-HK Follow your favorite stocksCREATE FREE ACCOUNT A Li L6 by Li Auto is displayed at its booth during the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. Tingshu Wang | Reuters BEIJING — Chinese new energy vehicle brands Li Auto and Zeekr each delivered

Sep 30, 2024, 04:43 PM ET Open Extended Reactions Renault will end Formula 1 engine production at their Viry-Chatillon factory after the 2025 season, with the French carmaker’s Alpine team set to race with power units made by another manufacturer. Alpine announced in a statement on Monday that the facility outside Paris, which employs more

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 — The Federal Reserve’s decision to cut interest rates for the first time in more than four years is expected to eventually boost new vehicle sales,

Sep 30, 2024, 03:22 AM ET Open Extended Reactions Lewis Hamilton will join Ferrari from Mercedes next year. Clive Mason/Getty Images Seven-time Formula 1 champion Lewis Hamilton battled with depression for years from an early age as he dealt with the pressure of pursuing a career in motor racing and faced bullying at school. Hamilton, who

The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. Jeff Kowalsky | Afp | Getty Images Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings, citing broader industry challenges and difficulties in the world’s

Associated Press Sep 29, 2024, 04:13 PM ET Open Extended Reactions Motorsports icon Michael Andretti told The Associated Press on Sunday he’s at a point in his life where he no longer wants to run the day-to-day of his global operation and that’s why he turned over leadership to his business partner. No, Dan Towriss

Associated Press Sep 28, 2024, 07:28 PM ET Open Extended Reactions KANSAS CITY, Kan. — Aric Almirola crashed victory lane in the NASCAR Xfinity Series playoff opener Saturday at Kansas Speedway for his second victory of the season. Almirola, the 40-year-old former Cup driver running a limited Xfinity schedule for Joe Gibbs Racing, has six

Open Extended Reactions Red Bull racing adviser Helmut Marko said he believes Daniel Ricciardo lost his killer instinct when he left Red Bull for Renault in 2019. Ricciardo claimed seven of his eight race victories at Red Bull, before spending two years apiece with Renault and McLaren — winning the 2021 Italian Grand prix for

Open Extended Reactions New RB driver Liam Lawson said he did not enjoy being on the sidelines at the Singapore Grand Prix as the situation with Daniel Ricciardo unfolded. On Thursday, Red Bull’s second team confirmed that Lawson will replace Ricciardo for the rest of the year. Editor’s Picks 2 Related The likelihood of that

The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system.  Cris Faga | Nurphoto | Getty Images X has to pay one last fine before the social network owned

Associated Press Sep 27, 2024, 03:04 PM ET Open Extended Reactions Michael Andretti has restructured Andretti Global to give co-owner Dan Towriss control of the organization while Andretti will stay on as a strategic adviser of the team he has led since 2002. Andretti in early 2023 confirmed he had sold part of the company

Automotive factories throughout the United States and around the world are not producing nearly as many cars as they need to in order to be profitable. A mixture of factors are driving down productivity, but two stand out. First, new car demand simply hasn’t snapped back to pre-pandemic levels. A record 17.5 million cars sold

Open Extended Reactions Daniel Ricciardo should go down as one of the best and most consequential drivers of the past 15 years in Formula 1, even if results of more recent times may not have reflected the talent he had. Ricciardo’s departure from RB — finally confirmed on Thursday — was a prolonged farce that

Open Extended Reactions Liam Lawson will replace Daniel Ricciardo at RB for the remainder of the 2024 Formula 1 season, Red Bull finally confirmed on Thursday. The saga over Ricciardo’s future dominated the build-up and aftermath of last weekend’s Singapore Grand Prix. Editor’s Picks 1 Related Ricciardo was emotional in interviews after the race, where

In this article TSLA STLA F 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT — U.S. sales of new vehicles are expected to have struggled during the third

Open Extended Reactions Sergio Pérez praised Williams rookie Franco Colapinto for his driving during the Singapore Grand Prix, stating the Argentine “didn’t put a foot wrong.” Colapinto pulled off a great pass at the start of the race, divebombing down the inside of a group of cars to vault up the order. Editor’s Picks 2

Associated Press Sep 25, 2024, 01:00 PM ET Open Extended Reactions Alexander Rossi on Wednesday was announced as the newest driver at Ed Carpenter Racing, which will be the third team in four years for the former Indianapolis 500 winner. Rossi, who won the 100th running of the Indy 500 as a rookie in 2016,

In this article CAR Follow your favorite stocksCREATE FREE ACCOUNT Ford’s first all-electric SUV comes at a pivotal time for the automaker as it restructures operations and spends $11 billion by 2022 on EV and hybrid vehicles. It also comes with a 15-inch display screen. Ford Motor Co. The recent data breach that exposed the

Sep 24, 2024, 05:57 AM ET Open Extended Reactions Formula One constructors’ champions Red Bull hope to pick up the pace over the last six rounds of the season after Max Verstappen emerged stronger than expected from back-to-back street races in Azerbaijan and Singapore, team boss Christian Horner said. The triple world champion, who will

Sep 24, 2024, 12:53 PM ET Open Extended Reactions Red Bull head of race strategy Will Courtenay will leave his role to join Formula 1 world championship rivals McLaren as their sporting director, the Woking-based team said on Tuesday. Editor’s Picks 2 Related Red Bull have lost a number of senior employees, including star designer

Sep 23, 2024, 07:15 AM ET Open Extended Reactions A rear wing controversy that had Formula 1 rivals up in arms at the Singapore Grand Prix was a “red herring” and good news for McLaren even if they do not use that version again, the team’s boss Andrea Stella has said. The championship leaders drew

Rows of new energy vehicles are parked at Changan Automobile’s vehicle distribution center in Chongqing, China, on January 14, 2024.  Costfoto | Nurphoto | Getty Images Shares of Chinese automakers climbed Tuesday, shrugging off a U.S. government proposal to ban certain types of vehicles equipped with car parts from China and Russia, amid a broad

Associated Press Sep 23, 2024, 11:11 AM ET Open Extended Reactions IndyCar on Monday finalized a charter system for 25 entrants that, while it pales in comparison to the contentious deal reached between NASCAR and its teams over their revenue sharing model, does give 10 open wheel organizations some guarantees. The initial agreement runs through

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, GM chair and CEO, speaks during the unveiling of the Cadillac Celestiq electric sedan in Los Angeles, Oct. 17, 2022. Frederic J. Brown | AFP | Getty Images WARREN, Mich. – If everything had gone to plan for General Motors over the last

Laurence Edmondson, F1 EditorSep 22, 2024, 01:41 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Christian Horner refuted claims of collusion. Eric Alonso/Getty Images SINGAPORE — Red Bull team principal Christian Horner denied there was any co-ordination between his team and Red Bull-owned RB in ensuring Daniel Ricciardo

Laurence Edmondson, F1 EditorSep 22, 2024, 02:46 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions McLaren’s race winner Lando Norris celebrates with team boss Zak Brown. Clive Rose – Formula 1/Formula 1 via Getty Images SINGAPORE — McLaren CEO Zak Brown plans to “ask questions” amid suggestions Red

People look at a BYD Dolphin electric subcompact during the 2023 Shenyang International Auto Show on May 3, 2023 in Shenyang, Liaoning Province of China. Vcg | Visual China Group | Getty Images Chinese electric vehicles will remain competitive in Europe despite the EU’s additional tariffs on autos made in the country, particularly after they