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6:27 AM ET IMOLA, Italy — Red Bull boss Christian Horner labelled the team’s one-two finish at the Emilia Romagna Grand Prix one of its best ever performances in Formula One. Red Bull arrived in Imola with a string of reliability issues at recent races which had looked like a serious early threat to its

WASHINGTON — Toyota Motor Corp. is once again being targeted by a political action committee after resuming donations to certain federal lawmakers. In a statement Monday, Toyota said it has resumed contributions to some members of Congress after a six-month pause and “extensive discussions with internal and external stakeholders.” “We will not support those who,

In this article F A Ford F-150 Lightning on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – Ford Motor is set to be the first automaker to bring a mainstream, full-size electric pickup to the U.S. market, poised to capitalize on a first-mover advantage in what’s expected

12:03 PM ET IMOLA, Italy — Ferrari will be reluctant to admit it, but the pressure ratchets up when it races on home soil. The expectations of victory are always significantly multiplied in Italy and the cost of mistakes become massively amplified. It’s a pressure no other team in F1 faces. Individual drivers may feel

Automakers lost 87,500 more vehicles from their production schedules as the total number cut because of the microchip crisis this year topped 1.5 million, according to the latest estimate by AutoForecast Solutions. AFS, in its latest report on the global semiconductor shortage’s impact on vehicle assembly, said about 1.59 million vehicles have been axed so

9:03 PM ET Associated Press BAYTOWN, Texas — Houston native Erica Enders closed Houston Raceway Park with a victory, beating Camrie Caruso on Sunday in the final NHRA SpringNationals in the first all-woman final in NHRA Pro Stock history. Enders had a 6.568-second pass at 210.24 mph in a Chevrolet Camaro for her third victory

TOKYO — Honda Motor Co., in the midst of a massive corporate makeover, is planning a radical ramp-up of electric vehicles in North America, from barely any sales today to enough factory firepower to sell 800,000 in 2030 as the Japanese automaker piles on local capacity to build battery-powered cars. Part of that surge will

In this article TSLA Options traders are making a ton of noise in Tesla‘s stock as the company gears up to report earnings after the bell Wednesday. The electric vehicle manufacturer headed up by Elon Musk — who continues to make a lot of noise himself — has struggled so far this year, but the

1:03 PM ET IMOLA, Italy — Toto Wolff said Mercedes has not produced a car worthy of Lewis Hamilton’s status as a seven-time world champion after seeing him get lapped by Max Verstappen and finish 13th at Imola. In one of the most ordinary displays of his illustrious career, Hamilton found himself stuck behind AlphaTauri’s

8:54 PM ET Associated Press BAYTOWN, Texas — Steve Torrence took the No. 1 spot in Top Fuel qualifying Saturday at the final NHRA SpringNationals, moving past Brittany Force at Houston Raceway Park. The track that hosted its first national event in 1988 is closing after the event to make room for Katoen Natie’s expanding

Supply constraints sent dealerships’ new-vehicle inventory levels plunging last year, and while 2022 could bring a slight improvement in vehicle production, the industry may not see relief until at least next year, according to the National Automobile Dealers Association. But the coronavirus pandemic and microchip shortage also have made dealers more creative and efficient in

Autonomous driving start-up Pony.ai can collect fares for robotaxi rides in parts of two major Chinese cities as of Sunday. Pony.ai handout BEIJING — Self-driving start-up Pony.ai announced Sunday it received a taxi license, the first of its kind in China. The license allows Pony.ai to operate 100 self-driving cars as traditional taxis in the

2:34 PM ET Associated Press INDIANAPOLIS — The IndyCar Series and Indianapolis Motor Speedway are going green. Penske Entertainment, the parent company of the series, announced Friday that it will start implementing more eco-friendly plans starting with next month’s Indianapolis 500. The race is scheduled for May 29. All tires delivered to the speedway will

Early last year, a sales employee at Delray Buick-GMC in Florida submitted a two-week notice of resignation. Another staffer signaled he was thinking about doing the same. After the dealership had forged some success hiring a younger generation of sales employees new to the industry, the news of the likely departures triggered a rethink by

CEO of Tesla Elon Musk says he confronted fellow billionaire Bill Gates about whether he was shorting Tesla’s stock. Musk is seen here at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand opening party on April 7, 2022. Suzanne Cordeiro | AFP | Getty Images Elon Musk has accused Microsoft co-founder Bill Gates of shorting

10:15 PM ET Associated Press BAYTOWN, Texas — Brittany Force had the fastest pass in Houston Raceway Park history Friday to take the lead in Top Fuel qualifying at the final NHRA SpringNationals. Force broke her own speed record at the track with a 3.695-second run at 333.58 mph. The track that hosted its first

Surging demand for light trucks could have BMW expanding production south of the border. BMW is exploring plans to build its top seller — the X3 compact crossover — at its underutilized Mexico assembly plant, according to a production forecaster who has familiarity with the discussions. Such a move would give the luxury automaker elbow

In this article TSLA Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Electric vehicle maker Tesla is set to deliver a first quarter earnings update after the bell on Wednesday. Here’s what Wall Street

8:05 AM ET Ferrari’s Formula One championship leader Charles Leclerc said he was fully focused on his Italian team’s Imola homecoming this weekend despite being robbed of a watch potentially worth millions. The 24-year-old Monegasque, winner of two of the first three races, had his exclusive Richard Mille timepiece stolen off his wrist in the

A growing dealership group purchased two stores in the fourth quarter, while a new operator acquired his first dealership and another bought her second, both in single-store transactions in the first quarter. Here’s a look at the deals involving domestic and import brand dealerships in Tennessee, Ohio and Missouri. One of the transactions involved a

Carlos Ghosn, former Nissan chief executive officer, is in an ongoing legal battle amid allegations of financial misconduct. Bloomberg | Getty Images Carlos Ghosn has said he would receive a “fair trial” in France after being issued an arrest warrant in the latest of a string of charges brought against the disgraced former auto executive.

5:22 PM ET Associated Press INDIANAPOLIS — IndyCar drivers waited out a four-hour rain delay and worked through their concerns over a slippery warm-up lane Thursday. It didn’t take long for the 31 drivers to start turning laps topping 225 mph. Thirty-one of the 32 drivers entered in next month’s Indianapolis 500 participated in the

TOKYO — Honda Motor Co. is planning to cut production by about 50 percent on two lines at one of its Japan factories in early May due to chip shortages and COVID-19 lockdowns, the company said on Thursday. The factory in Suzuka will also slash production by half during April, expanding the scale of the cutback

In this article TSLA Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters On Tesla’s first-quarter earnings call Wednesday, CEO Elon Musk said he thinks that inflation is worse than reported and is likely to last all year in 2022. U.S. inflation rose

5:35 PM ET Associated Press INDIANAPOLIS — Jimmie Johnson looked every bit like a four-time race winner on Indianapolis Motor Speedway’s historic oval Wednesday. Only this time, his blue No. 48 was an Indy car turning laps in excess of 215 mph. The seven-time NASCAR champion climbed as high as No. 3 on the daily

EAST LIBERTY, Ohio — Honda’s new $124 million wind tunnel — a structure five years in the making — is coming online at a critical time. In the electric vehicle era, designers are under pressure to reduce aerodynamic drag so that battery-powered vehicles can drive farther on a charge. The tunnel — an eighth of

HAWTHORNE, CA – DECEMBER 18: Elon Musk, co-founder and Chief Executive Officer of Tesla Inc., speaks at an unveiling event for The Boring Company Hawthorne test tunnel December 18, 2018 in Hawthorne, California. On Tuesday night, The Boring Company will officially open the Hawthorne tunnel, a preview of Musk’s larger vision to ease traffic in

7:29 PM ET Associated Press INDIANAPOLIS — Three Indianapolis 500 winners spun while coming out of the pits Wednesday at Indianapolis Motor Speedway and four-time race champion Helio Castroneves hit the second turn wall with about 80 minutes left in an unusually chaotic testing session. Castroneves was taken to the track’s infield medical center where

LOS ANGELES — Lincoln Motor Co., trailing luxury rivals in the transition to battery power, on Wednesday introduced a concept that previews how the brand hopes to differentiate itself in the electric vehicle era. The Lincoln Star concept, unveiled at an event here celebrating the brand’s 100th anniversary as part of Ford Motor Co., showcases

Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents itself to focus on EVs. The new vehicles were announced Wednesday night alongside the unveiling of a new concept EV called the Lincoln Star. The