12:25 PM ET ESPN News Services DAYTONA BEACH, Fla. — The Daytona 500 on Sunday will take place before a sold-out crowd, NASCAR announced Tuesday. Daytona International Speedway is back to full capacity a year after the pandemic roughly limited attendance to 30,000 fans inside the sprawling facility that usually packs more than 100,000 NASCAR
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In this article TSLA Tesla CEO Elon Musk has been promising customers a driverless vehicle since at least 2016. While the company hasn’t delivered on that promise, Tesla lets thousands of employees and customers try new and unfinished driver assistance features on public roads in the U.S. through a program called Full Self Driving Beta,
New York State’s retirement plan is ratcheting up pressure on Tesla Inc., calling on the EV maker to disclose how much it spends on settling sexual harassment and racial discrimination complaints. The New York State Common Retirement Fund, among the country’s biggest public pension plans, filed its shareholder proposal last week following a high-profile racial
1:01 PM ET Williams driver Nicholas Latifi was so worried about the death threats he received after the Abu Dhabi Grand Prix he hired bodyguards to protect him and his girlfriend. Latifi’s crash in the closing stages of the Abu Dhabi title decider brought out the safety car which ultimately cost Lewis Hamilton the championship,
In this article TSLA SpaceX founder and Tesla CEO Elon Musk holds a helmet as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk unleashed a torrent of stock sales, options exercises, tax payment sales and gifted shares last year totaling nearly
Mizuho Financial Group and other lenders are in talks with KKR-owned parts supplier Marelli Holdings to renegotiate debt and offer financing to keep it operational, people with knowledge of the matter said. The supplier, previously owned by Fiat Chrysler Automobiles, had at least 1.1 trillion yen ($9.5 billion) in total debt as of September, the
11:54 AM ET In the coming days, FIA president Mohammed Ben Sulayem will present the governing body’s response to the events of the 2021 Abu Dhabi Grand Prix after promising “structural changes” and an “action plan” in a statement on Monday. Formula One team bosses met with Ben Sulayem in London on Monday to discuss
Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker’s showroom in Beijing, China January 5, 2021. Tingshu Wang | Reuters Six of the seven car brands who ran an ad during the Super Bowl featured electric vehicles, according to analysis published Monday by the online
Windsor Mayor Drew Dilkens has declared a state of emergency in an effort to keep trade flowing freely at the Ambassador Bridge on the U.S.-Canada border. For six days, protestors, demanding an end to vaccine and mask mandates — with some calling for the ouster of Prime Minister Justin Trudeau — blocked access to the key
12:15 PM ET Formula One will have three qualifying sprint races in 2022 with points now given out to the top eight rather than just the top three, it was confirmed at Monday’s F1 Commission. The revised weekend format with qualifying on a Friday evening, a sprint race on Saturday and the main race on
Polestar Electric vehicle start-up Polestar, which is expected to go public this year, used its first-ever Super Bowl ad to indirectly take shots at its competitors, including Tesla and Volkswagen. The 30-second spot, called “No Compromises,” is simple and to the point. It features shots of the company’s Polestar 2 electric vehicle with the word
NEW YORK — Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc. in the quarter ended Dec. 31, securities filings showed Friday. The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in the company. Soros, a longtime supporter
In this article GM Chevrolet rebooted and updated the introduction sequence of the HBO show “The Sopranos” for a surprise Super Bowl ad for its new electric Silverado pickup truck. Chevrolet Chevrolet rebooted and updated the introduction sequence of the HBO show “The Sopranos” for a surprise Super Bowl ad for its new electric Silverado
Canadian police cleared protesters and vehicles in Windsor, Ontario, that had blocked a vital trade route along the border with the United States, with some arrests, but the bridge was not yet open to traffic on Sunday. The arrests came after a tense standoff between Canadian police and demonstrators since Friday when a court order
In this article F Vehicles block the route leading from the Ambassador Bridge, linking Detroit and Windsor, as truckers and their supporters continue to protest against the coronavirus disease (COVID-19) vaccine mandates, in Windsor, Ontario, Canada February 8, 2022. Carlos Osorio | Reuters DETROIT – Canadian truck drivers blocking the nation’s busiest border bridge between
A tense standoff between Canadian police and protesters opposing COVID-19 restrictions was set to continue on Sunday, as a court order and threats of arrest have failed to end a blockade of a key Canada-U.S. border crossing. President Joe Biden has asked Prime Minister Justin Trudeau to use federal powers to end the blockade of
In this article GM GM’s 60-second Super Bowl ad stars actor and comedian Mike Myers reclaiming his role as Dr. Evil from the spy comedy trilogy “Austin Powers” that debuted from 1997 to 2002. It also features Dr. Evil’s sidekicks played by Rob Lowe, Seth Green and Mindy Sterling. GM DETROIT – General Motors will
Chrysler parent company Stellantis is recalling almost 20,000 plug-in hybrid Pacific minivans because of fire risk, the latest incident highlighting the potential hazards involved with the industry’s move toward EVs. An internal investigation found 12 incidents of fires in vehicles from the 2017 and 2018 model years, the automaker said Friday in a statement. All
3:42 PM ET WOKING, England — McLaren’s Daniel Ricciardo said F1 race director Michael Masi needs support in his role to avoid a repeat of the farcical finish to the Abu Dhabi Grand Prix. Masi’s future in the job is currently in question after he botched the finish of the title decider between Max Verstappen
In this article TSLA A worker wearing a face covering exits a Tesla Inc. vehicle at the company’s assembly plant in Fremont, California, U.S., on Thursday, Aug. 13, 2020. Photographer: David Paul Morris/Bloomberg via Getty Images David Paul Morris | Bloomberg | Getty Images A California civil rights agency sued Tesla this week, alleging racist harassment
Ken Mauldin, fixed ops director at Purdy Auto Group, is a data miner. He’s constantly scanning reports from the service and parts departments of his group’s three Texas Toyota stores. He looks for the missed opportunities that sometimes show up in rows of numbers. “I get reports emailed to me every night, pretty much everything
4:02 PM ET WOKING, U.K — Daniel Ricciardo probably had the best view of anyone in the world of Max Verstappen’s title-winning pass — and the defensive moves which followed — on Lewis Hamilton at last year’s Abu Dhabi Grand Prix. Ricciardo was sat in the next car back. Controversially, in fact. Ricciardo’s very presence
In this article ABI-BE PLNT PEP GM Big brands that have in some cases sat out for years the TV advertising frenzy around the biggest US sporting event — the Super Bowl — are returning Sunday and spending big amid record ad prices. It’s been a bumpy couple years marked by pandemic-era restraint and political
The Ontario Superior Court granted an injunction on Friday that could end the five-day blockade of the Ambassador Bridge in Windsor, Ontario, as assembly plants in Ontario and Michigan continue to curtail production due to parts shortages. The motion for injunction, filed by the Automotive Parts Manufacturers’ Association, with the City of Windsor and the
2:33 PM ET WOKING, United Kingdom — McLaren has launched its new car for the upcoming Formula One season. The team’s drivers, Daniel Ricciardo and Lando Norris, took the covers off the McLaren MCL36 at a launch event at the team’s factory on Friday evening. The new McLaren, which has been built to F1’s overhauled
In this article F Vehicles clog downtown streets as truckers and supporters continue to protest coronavirus disease (COVID-19) vaccine mandates, in Ottawa, Ontario, Canada, February 10, 2022. Blair Gable | Reuters DETROIT – Canadian officials are preparing to move against a group of truck drivers who have blocked the nation’s busiest border bridge between the
Mercedes-Benz Group said its preliminary 2021 earnings beat guidance after rising vehicle prices helped the luxury automaker claw its way back from an autumn low point in the global chip crisis. The company said Friday that adjusted returns on sales at its cars and vans segment were 12.7 percent, exceeding guidance of 10 to 12
9:46 AM ET Sebastian Vettel was surprised to hear Formula One has removed the pre-race ceremony which allowed drivers to take a knee before races, saying the gesture “was getting a bit too strong for the business side of things”. F1 launched the ‘We Race As One’ initiative in 2020 in solidarity with the anti-racism
In this article GPI Demand for used cars remains strong even though the price of preowned vehicles has soared throughout the Covid pandemic, Group 1 Automotive CEO Earl Hesterberg told CNBC on Thursday. Hesterberg said on “The Exchange” that Group 1 has largely been able to raise sticker prices to offset higher acquisition costs because
Ford Motor Co. is looking at flying in some auto parts to a plant in Windsor, Ontario, that produces engines for popular models, an official representing the auto workers union said on Thursday, as automakers and other manufacturers seek alternatives for moving products caught up in Canadian trucking protests. Protesters have occupied key border crossings