11:01 PM ET Associated Press MARTINSVILLE, Va. — William Byron raced to his first NASCAR Truck Series victory since 2016 on Thursday night at Martinsville Speedway. Byron, in just his second Truck Series start since 2016, led a race-high 94 of the 200 laps and grabbed the lead after Stage 2. Byron outdueled Johnny Sauter
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Thousands of Tesla fans poured into the automaker’s new Austin, Texas, plant for its official opening, heralding a $1.1 billion facility that will vastly expand electric vehicle production and serve as a launching pad for future products like the highly anticipated Cybertruck pickup. Tesla CEO Elon Musk, who was scheduled to speak late Thursday before
In this article STLA-IT Electric Jeep Wrangler Magneto 2.0 concept vehicle Jeep DETROIT — Jeep has redesigned an all-electric concept version of its flagship Wrangler, as the brand pivots from gas guzzlers to zero-emissions EVs. The Jeep Wrangler Magneto 2.0 concept vehicle comes a year after the Stellantis brand unveiled the first version of the
7:25 AM ET On Thursday, Feb. 24, Russian military began an invasion of Ukraine that caused shock and outrage across the world. For Formula One, it cast the relationship of the Haas team with Dimitry Mazepin and title sponsor Uralkali in a different light. As various sports began banning Russian involvement and withdrawing from commercial
CDK Global Inc. said it agreed to be acquired by investment firm Brookfield Business Partners in a deal valued at $8.3 billion that would take the publicly traded dealership software giant private. The dealership management system provider based in Hoffman Estates, Ill., said Thursday that Brookfield will purchase all of CDK’s outstanding shares, with CDK
In this article TSLA Investor Ron Baron has been one of Tesla‘s largest shareholders for years, and he has no plans to change that. Baron told CNBC on Thursday that he thinks the electric vehicle giant’s high-flying stock has much more room to run – and that he plans to continue holding the company’s stock
12:03 PM ET Associated Press AUSTIN, Texas — Six-time MotoGP champion Marc Marquez said Wednesday he has been medically cleared to return to racing this weekend at the Grand Prix of the Americas after vision problems sidelined him for the previous two races. Marquez, who missed most of the 2020 season with injuries, crashed hard
TOKYO — Mazda kicks off an upmarket portfolio shift that bets that bigger is better with a global blitz of new large-sized crossovers. The strategy will begin unfolding this year in Europe and Japan with the launch of the new two-row CX-60. That model will be followed by two U.S.-focused stablemates, the CX-70 and CX-90
2022 BOLT EUV Source: Chevrolet DETROIT – General Motors expects sales of its electric Chevrolet Bolt models can rebound from a high-profile recall after several vehicles caught fire to achieve record results in 2022. “We see record numbers of sales and production for ’22, and we see ’23 being bigger than ’22. We are bullish
6:30 AM ET The Australian Grand Prix circuit in Melbourne has undergone some changes for the latest edition of the race. Darrian Traynor/Getty Images Australian Grand Prix organisers will hope the days of single-lane racing at Albert Park are over as they unveil long-awaited changes to Melbourne’s lakeside circuit this week. Albert Park has hosted Formula
Porsche has joined a group of investors making a $260 million equity bet on a startup that aims to harness wind power to make a gasoline substitute. Porsche is investing $75 million for a 12.5 percent stake in electricity-based fuel developer HIF Global, the company said Wednesday in a statement. HIF is building a plant
In this article VOW3-DE A Porsche 911 Carrera 4S stands in the evening light in a drive-in cinema on the circuit of the Leipzig Porsche factory. Jan Woitas | picture alliance via Getty Images DETROIT — Porsche is upping its investment in the development of climate-neutral “e-fuels” made to replace gasoline in traditional combustion engines.
California EV startup Rivian Automotive reported first-quarter production of 2,553 vehicles from its Normal, Ill., manufacturing plant and 1,227 deliveries during the same period as it continues to struggle with supply-chain issues felt throughout the global auto industry. “These figures are in line with the company’s expectations, and it believes it is well positioned to
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Tesla CEO Elon Musk has been buying Twitter shares on almost a daily basis since the end of January, spending $2.64 billion for
12:10 AM ET “What the hell is wrong with this guy?” CS Santosh often looked into the mirror and wondered. He had no broken bones, no visible scars. On the outside, he was a guy who appeared completely normal. Yet he couldn’t sit up without serious effort, couldn’t walk without support and felt inexplicably drowsy
Two bills aimed at giving Florida auto dealers more leeway in turning over vehicle titles to car buyers fizzled out last month in the Florida Legislature. Florida’s current titling statute says dealers “must” obtain vehicle titles in purchasers’ names and transfer them within 30 days of sale. At the start of the year, a small
In this article GM 7267.T-JP General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit, Michigan on November 17, 2021. Mandel Ngan | AFP | Getty Images DETROIT – General Motors and Honda Motor will develop a series of affordable
Group 1 Automotive Inc. has purchased a Toyota dealership in New Mexico from Asbury Automotive Group Inc. — a store Asbury had owned for just a few months. Group 1 said Monday that it bought Larry H. Miller Toyota Albuquerque on Friday, marking the public auto retailer’s 17th Toyota dealership in the U.S. It renamed
In this article HTZ Swedish electric vehicle maker Polestar will supply up to 65,000 vehicles to car rental giant Hertz Global over the next five years, the two companies announced Monday morning. Hertz will begin making fully electric Polestar 2s available via its network in Europe this spring, and in North America and Australia before
10:07 PM ET Associated Press LAS VEGAS — Brittany Force beat out three other world champions to pick up her first NHRA win of the season at the Four-Wide Nationals at The Strip at Las Vegas Motor Speedway on Sunday. The 2017 world champion had a run of 3.718-seconds at 338.00 mph in the championship
The Honda HR-V, redesigned for 2023 specifically for North America buyers, is growing in size while taking on three key roles — attracting younger, entry-level and minority buyers to the brand. The new HR-V was revealed Monday, with styling aiming to be more youthful and modern, with a low horizontal beltline, longer hood, bigger grille
In this article F An employee works on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter,
8:47 AM ET Seven-times Formula One world champion Lewis Hamilton spoke about his mental and emotional struggles, saying in a social media post on Thursday that it was “hard some days to stay positive.” The 37-year-old Briton assured fans on Instagram that they were not alone. “It’s been such a tough year already with everything
TOKYO — After running the gauntlet through Japan’s justice system for the past three years, former Nissan director Greg Kelly was triumphantly escorted to the Tokyo airport last month by the U.S. ambassador to fly home to Tennessee. Kelly may now be back home, but he is hardly home free. The former human resources executive’s
GMC Hummer EV pickup truck Michael Wayland / CNBC PHOENIX – General Motors has received more than 65,000 reservations for its electric GMC Hummer pickups and SUVs, as the automaker attempts to expedite production of the vehicles to meet demand. The reservations number is higher than the automaker’s initial expectations, according to Duncan Aldred, global
1:04 PM ET Associated Press A record seven wins, the most laps led in Texas Motor Speedway history and a resume so stout they renamed victory lane after him. But as Jimmie Johnson prepares for his IndyCar debut at the track he dominated for a decade he has low expectations of earning a trip to
There’s a giant whiteboard on the wall in a Michigan office building where the problems of the world are listed and tracked in minute detail. The colorful papers hanging there — tracking earthquakes and tsunamis, fires and floods, coronavirus hot spots and even wars — aren’t just the world’s problems, though. They’re Bob Young’s problems,
In this article 2015-HK 9868-HK 9866-HK Chinese electric carmakers Nio, Xpeng and Li Auto are facing several headwinds including higher raw material costs and a resurgence of Covid in China. However, they all posted a surge in March delivery volumes. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle start-ups Nio, Xpeng and Li
4:41 PM ET Associated Press FORT WORTH, Texas — Felix Rosenqvist earned a much-needed pole Saturday in qualifying at Texas Motor Speedway, where IndyCar is desperately trying to develop a second passing lane in what could be the final race for the series at the track. Rosenqvist turned two laps at 221.110 mph in his
Tesla Inc. delivered a record 310,048 cars worldwide in what Elon Musk said was an “exceptionally difficult” first quarter, as a growing tide of consumers made the switch to EVs. The results, posted Saturday, slightly edged out expectations. Analysts had expected that 309,158 vehicles would be shipped, based on the average of estimates compiled by