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Industry leaders gathered Monday evening in Detroit to celebrate the 2021 Automotive News All-Stars. The ceremony honored those chosen by the Automotive News staff for their accomplishments during what has been a historically challenging year, which has seen a global semiconductor shortage, the ongoing COVID-19 pandemic and the busiest period for dealership buy-sell activity in

6:11 AM ET Max Verstappen and Lewis Hamilton go into the final race of the season, Sunday’s Abu Dhabi Grand Prix, level on points. It is a remarkable situation that has only happened once before in the sport’s 71-year history, when Emerson Fittipaldi and Clay Reggazoni entered the 1974 finale level. In the modern era

In this article TSLA Robotics arms install the front seats to the Tesla Model 3 at the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Mason Trinca | The Washington Post | Getty Images Tesla is replacing repeater cameras in the front fenders of at least several hundred Model S, X and 3

WASHINGTON — The European Union has joined Canada and Mexico in raising “strong concerns” over the proposed electric vehicle tax credits in the Democrats’ Build Back Better Act being discussed in the U.S. Senate. In a letter sent Friday, Valdis Dombrovskis of the European Commission urged Senate lawmakers to remove “all elements” of the EV

6:49 AM ET Enzo Fittipaldi suffered a fractured heel in the crash at the start of Sunday’s Formula 2 race ahead of the Saudi Arabian Grand Prix. Fittipaldi, grandson of two-time Formula One champion Emerson, drove into the back of Theo Pourchaire’s car, which had stalled on the grid. 2 Related Both drivers were immediately

In this article LCID Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters Shares of Lucid Group were down

The second generation of Kia’s eco-friendly Niro subcompact combines more robust crossover styling with a few concept car cues that stand out compared with the conventional styling of the current model. The redesigned Niro is strongly influenced by the 2019 HabaNiro concept, incorporating a two-tone body, a wide pillar at the rear and boomerang-shaped taillights.

6:23 PM ET Laurence Edmondson Close F1 Editor • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Nate Saunders Close F1 Associate Editor • Previously worked in rugby union and British Superbikes • History graduate from Reading University• Joined ESPNF1 in February 2014 The Saudi Arabian Grand Prix had just about everything. Controversy. Drama. A collision between

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – General Motors plans to form a new joint

National Auto Care has been buying finance-and-insurance agencies in a prominent example of a broader consolidation trend within that industry. “It’s going at a fast pace,” Colonnade Advisors CEO Gina Cocking, an industry analyst, said of F&I agency consolidation. Cocking estimated there are about 1,200 F&I agencies nationwide. Courtney Hoffman, NAC senior vice president of

11:26 AM ET JEDDAH, Saudi Arabia — Formula 2 drivers Theo Pourchaire and Enzo Fittipaldi were both taken to hospital after an accident during a support race for the Saudi Arabian Grand Prix. Theo Pourchaire appeared to stall his car from third on the grid and was hit by Enzo Fittipaldi, the grandson of two-time

In this article F AMD NVDA CNBC’s Jim Cramer said Wednesday he’s not ready to sell any shares Nvidia yet, even though he recently booked some profits in two other big charitable trust winners Advanced Micro Devices and Ford. Cramer told “Fast Money Halftime Report” he believes that Nvidia could be a $10 trillion stock

Lucid Motors is enjoying a wild ride to the top tier of the EV pack. The quick pace of events is like a quarter-mile blast in the automaker’s 1,111-hp Lucid Air Dream Edition. Since late October, Lucid delivered its first Air sedans to paying customers, matched Ford Motor Co. in market value and received a

5:21 PM ET JEDDAH, Saudi Arabia — Race after race, corner after corner, Max Verstappen has been pushing his Red Bull to the limit this year. His impeccable judgement of speed versus grip has saved him from disaster and delivered him to glory on numerous occasions, but on the final corner of the final lap

In this article F Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor’s F-Series pickup will remain America’s best-selling vehicle for a 40th straight year in 2021 and the industry’s top-selling truck for the 45th

Vietnamese conglomerate Vingroup JSC is restructuring its automobile unit VinFast ahead of a planned U.S. initial public offering in the second half of 2022. Vingroup’s 51.52 percent stake in VinFast will be transferred to a Singapore subsidiary, the company said in an emailed statement on Saturday. The EV maker, which aims to roll out electric

12:20 PM ET Seven-time world champion Lewis Hamilton said he wants to do everything in his power to be a force for positive change in Saudi Arabia ahead of the country’s first race. Hamilton will wear Pride colours on his race helmet for the second race in a row this weekend, having done so at

Hycan CEO Yang Ying speaks with CNBC’s Evelyn Cheng during the 2021 East Tech West conference in the Nansha district of Guangzhou, China. GUANGZHOU, China — Chinese electric car start-up Hycan hasn’t delivered many vehicles yet, but it claims it’s on the verge of a large fundraise as investors pour more money into a hot

Is Bob Brockman truly cognitively impaired to the extent that he won’t be able to help his lawyers defend him against federal tax evasion charges? Or is he, as prosecutors contend, exaggerating his symptoms to avoid a trial? A federal judge will make that determination now that a competency hearing for the former Reynolds and

1:31 PM ET Mercedes Formula One boss Toto Wolff is to meet survivors of the Grenfell Tower fire after apologising on behalf of his team on Friday for any distress caused by a sponsorship deal with a company linked to the 2017 disaster. The deal with Kingspan, an Irish company that produces high-performance insulation and

Gary Jones, the newly-elected President of the United Auto Workers (UAW), addresses the 37th UAW Constitutional Convention June14, 2018 at Cobo Center in Detroit, Michigan.  Bill Pugliano | Getty Images News | Getty Images DETROIT – A federal corruption probe into the United Auto Workers has led to an overhaul of the union’s elections, potentially

DETROIT — As the auto industry continues to grapple with supply chain disruptions and the resulting shortage of new vehicles, National Automobile Dealers Association Chairman Paul Walser foresees a silver lining for dealerships: the end of the much-hated stair-step incentive. Stair-step programs, which promise cash bonuses to incentivize dealerships to hit aggressive monthly, quarterly or

8:58 AM ET SAM SCHMIDT had to wait seventeen years to drive his wife to a date. He wasn’t even meant to be alive at that point, not after what happened to him back in January 2000. Back then, Schmidt was a racing driver, doing what he loved the most, preparing for a new Indy

In this article F Ford’s fate looks rosy to Inside Edge Capital Management founder Todd Gordon. With shares of the automaker meeting resistance in the $20 range, “I see no reason” why they can’t break decisively above that long-standing ceiling, Gordon told CNBC’s “Trading Nation” on Thursday. Ford’s stock was just above $20 a share

Dealer Jeff Lash, who was indicted earlier this year on federal fraud charges, sold a New York Subaru dealership in August to West Herr Automotive Group. The acquisition of Spurr Subaru in Brockport, N.Y., from Jeff Lash and Danielle Lash gave West Herr its second Subaru dealership. Jeff Lash is the same Lash who is

1:54 PM ET The survivors’ group of the Grenfell Tower fire has written to Mercedes boss Toto Wolff to ask the reigning Formula One champions to end their sponsorship deal with building materials company Kingspan. Kingspan made some of the insulation cladding used on the refurbishment of Grenfell Tower, which caught fire on June 14,

In this article TSLA Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters Tesla is among the hundreds of auto industry players asking the U.S. Trade Representative for extended tariff waivers on parts and materials imported from China used to make or repair

DETROIT — Ford Motor Co. said it was the top-selling automaker in the U.S. for a third consecutive month, posting a 5.8 percent increase in November light-vehicle sales that contrasted with declines for nearly all other companies that reported monthly results. Ford’s utility vehicle sales jumped 21 percent from a year ago, and F-Series pickup

5:04 AM ET Williams Formula One principal and chief executive Jost Capito has tested positive for COVID-19 and will not be in Saudi Arabia for the penultimate race of the season, the team said on Thursday. 1 Related The race in Jeddah is the first since the death of team founder Frank Williams at the

In this article GM 2022 GMC Sierra 1500 Denali Ultimate GM General Motors is slightly raising its 2021 earnings guidance on strong pricing and resilient consumer demand, despite ongoing impacts from a global shortage of semiconductor chips that has depleted vehicle inventories and shuttered plants. The Detroit automaker’s new adjusted earnings guidance for this year