WASHINGTON — U.S. traffic deaths jumped 10.5 percent in 2021 to 42,915 — the highest number killed on American roads in a single-year since 2005, U.S. regulators said Tuesday in its preliminary estimate. The yearly increase is the highest reported since the National Highway Traffic Safety Administration began using its current traffic fatality tracking system
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Argo AI begins driverless operations in Miami and Austin. Courtesy: Argo AI Robotaxi startup Argo AI said Tuesday it has begun operating its autonomous test vehicles without human safety drivers in two U.S. cities — Miami and Austin — a major milestone for the Ford– and Volkswagen-backed company. For now, those driverless vehicles won’t be
7:54 PM ET Associated Press INDIANAPOLIS — As Colton Herta set up his winning pass Saturday, all he could see were red flashing lights. He still charged forward. The 22-year-old California driver quickly darted to the inside of Pato O’Ward on a late restart, took the lead for good with nine laps to go and
Dealership marketing company AutoWeb says its board will explore strategic alternatives for the company, including a potential sale or restructuring, as “substantial doubt” exists about its ability to continue as a going concern. The Tampa, Fla.-based company said Monday that a special board committee will evaluate strategic alternatives, including obtaining new debt or equity funding;
In this article RIVN Production of electric Amazon delivery vans on April 11, 2022 at Rivian’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive sank Monday after a report by the Wall Street Journal that the upstart electric-vehicle maker is suing a key supplier in a legal battle that could delay
8:06 AM ET Azerbaijan wants its Formula One Grand Prix in Baku to be one of six proposed Sprint weekends next season, promoter Arif Rahimov said on Monday. Speaking to reporters on a Zoom call, Rahimov said the subject was on his agenda for discussion with Formula One around this year’s June 12 race. “I
DETROIT — Cadillac is expanding deliveries of the Lyriq electric midsize crossover beyond initial reservations this fall and will offer customers free public charging for two years or a credit to install a home charger. “These are important steps for Cadillac, as we make good on our promise to deliver an EV offering more than
In this article VOW3-DE As Volkswagen looks to resurrect the Scout brand in the United States, CEO Herbert Diess has shed light on the decision, saying it represents an opportunity for the German auto giant to “become much more American.” VW announced plans to re-launch the Scout as a fully-electric pick-up and “rugged” SUV last
7:49 PM ET Associated Press DINWIDDIE, Va. — Brittany Force won the Top Fuel class in the Virginia NHRA Nationals on Sunday and John Force Racing teammate Robert Hight took the Funny Car crown at Virginia Motorsports Park. Force beat four-time defending season champion Steve Torrence with a 3.770-second pass at 334.07 mph for her
For the first time in months, North American assembly plants did not add vehicles to their long list of production schedule cuts caused by the global microchip shortage, according to the latest weekly estimate by AutoForecast Solutions. Factories in Europe, China, South America, the Middle East and Africa also held firm on their production plans,
In this article GM 2023 Cadillac Escalade V-Series Cadillac DETROIT — General Motors’ newest Cadillac Escalade will be the most powerful and expensive version of the full-size SUV ever when it goes on sale this summer, starting at about $150,000. The Detroit automaker unveiled the 2023 Cadillac Escalade-V on Wednesday with a supercharged 6.2-liter V-8
8:24 AM ET Formula One championship leader Charles Leclerc crashed the 1974 Ferrari of three-time champion Niki Lauda during a demonstration run at the Monaco Historic Grand Prix on Sunday. The current Ferrari driver was at the wheel of the Ferrari 312 B3, which Lauda drove in period, for a handful of demonstration laps on
Volkswagen dealers were left angry, shocked and suspicious by surprise news that the brand’s German parent plans to build a new company in the U.S. to sell an electric pickup and SUV under the Scout name, not least because Volkswagen AG was silent on how it intends to retail the vehicles. The lack of information
In this article RIVN Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Wednesday maintained its 2022 production target, saying it’s still on track to build 25,000 vehicles this year, as it reported a jump in
10:25 PM ET Associated Press DINWIDDIE, Va. — Matt Hagan made the quickest Funny Car run in Virginia Motorsports Park history Saturday to top qualifying for the Virginia NHRA Nationals. Hagan had a 3.853-second pass at 331.45 mph in Tony Stewart Racing’s Dodge Charger SRT Hellcat for his second No. 1 of the season and
Penske Automotive Group Inc. is pausing on its goal to have its standalone used-vehicle CarShop locations sell 150,000 vehicles annually by the end of 2023, as it deals with higher costs of sales and vehicle acquisition woes. Penske announced in February 2021 that it planned to expand its CarShop locations in the U.S. and U.K.
BRENDAN SMIALOWSKI Tesla CEO Elon Musk sent Twitter shares tumbling on Friday when he said he was going to put his $44 billion acquisition of the social network “on hold” while he researches the proportion of fake and spam accounts on the platform. Though Musk later clarified that he remains committed to the deal, he continued
Mercedes-Benz of Sugar Land is building customer loyalty and making roads safer at the same time. Since 2014, the Texas dealership has sent more than 260 teenagers through a driving safety school that uses an array of Mercedes vehicles to teach various maneuvers. The initiative started as a perk for dealership clients’ children as part
In this article F WFC GM Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images DETROIT — Shares of General Motors on Thursday hit a new 52-week low and opened
8:05 PM ET Associated Press DINWIDDIE, Va. — Top Fuel points leader Brittany Force broke both ends of the track record at Virginia Motorsports Park in qualifying Friday for the Virginia NHRA Nationals. In the NHRA’s first event at the track in three years, Force had a 3.710-second run at 335.82 mph. She has nine
Volkswagen dealers were left angry, shocked and suspicious by surprise news last week that the brand’s German parent plans to build a new company in the U.S. to sell an electric pickup and SUV under the Scout name, not least because Volkswagen AG was silent on how it intends to retail the vehicles. The lack
In this article RIVN Rivian R1T Field pickup Source: Rivian Rivian Automotive is recalling some of its electric pickups because of an airbag defect that could injure a child in a crash, according to a letter from the National Highway Traffic Safety Administration, dated Wednesday. A total of 502 R1Ts are affected, about 10% of
MEXICO CITY – General Motors has agreed a 8.5 percent wage hike with the new, independent union at its pick-up truck plant in the central Mexican city of Silao, labor representatives said on Thursday, one of the highest recent raises in the country’s auto industry. A GM Mexico spokeswoman confirmed the raise in an email
In this article RIDE RIVN Rivian R1T all-electric truck in Times Square on listing day, on Wednesday, Nov. 10, 2021 in New York. Ann-Sophie Fjello-Jensen | AP Beaten-up shares of several electric-vehicle start-ups moved sharply higher Thursday morning in wild and largely unexplained trading. Rivian Automotive after market close on Wednesday reported a first-quarter loss
4:01 AM ET Four times Formula One world champion Sebastian Vettel said on Thursday that climate change had made him question his job as a driver travelling the world to race cars. Speaking on BBC Question Time, a television panel show mixing politicians and celebrity guests, the German was asked whether his position on the
Shakespeare was wrong when Romeo rhetorically asks, “What’s in a name?” The answer is not irrelevant — it’s money. In fact, Volkswagen is banking on that fact. The German automaker is moving ahead with plans to resurrect the Scout name that it acquired last year when its heavy-truck brand merged with Navistar and, in the
Jason Calacanis Adam Jeffery | CNBC Angel investor Jason Calacanis, an early backer of Uber and Robinhood, is seeking to raise tens of millions of dollars for a stake in Twitter as part of Elon Musk’s $44 billion agreement to buy the social media company. “We are now collecting interest to invest in Twitter with
WASHINGTON — Rivian Automotive Inc. is recalling a small number of R1T electric pickups because sensors in the front passenger seat might not deactivate the airbag when a child or child seat is present. The recall covers 502 pickups from the 2022 model year that were produced Sept. 21, 2021, through April 12, 2022, and
In this article GS TSLA Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World Congress, the electric vehicle magnate described hydrogen fuel cells as “extremely silly.” Jim Watson | AFP
Taiwan’s Foxconn, best known as the manufacturer of the iPhone, is now in the car manufacturing business. Lordstown Motors on Wednesday said the $230 million deal announced in the fall to sell its sprawling 6.2 million-square-foot plant to Foxconn has closed. The deal transfers to Hon Hai Technology Group — which trades under the Foxconn