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A newly released Li Auto L6 new energy vehicle is displayed at a store in Shanghai, China, on April 19, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li

Aug 1, 2024, 01:32 PM ET Open Extended Reactions Andrea Stella has signed a contract extension with McLaren. Photo by Xavier Bonilla/NurPhoto via Getty Images Team principal Andrea Stella is remaining with McLaren after signing a multi-year contract extension, the Formula One team said Thursday. Contract terms were not announced. Editor’s Picks 1 Related Stella, 53,

In this article ZE594-CN UBER Follow your favorite stocksCREATE FREE ACCOUNT BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC BEIJING — Uber and BYD announced Wednesday that drivers on the ride-hailing platform can

Open Extended Reactions Oliver Oakes has been appointed as Alpine team boss. Joe Portlock – Formula 1/Formula Motorsport Limited via Getty Images Alpine has appointed Oliver Oakes as the boss of its Formula One team, replacing the outgoing Bruno Famin. Oakes, founder of the feeder series team Hitech GP, will become the second youngest F1 boss

U.S. Vice President Kamala Harris speaks during an NCAA championship teams celebration on the South Lawn of the White House in Washington, D.C., on July 22, 2024. Andrew Harnik | Getty Images The United Auto Workers on Wednesday endorsed Vice President Kamala Harris over Republican presidential nominee and former President Donald Trump. The union’s endorsement

Associated Press Jul 31, 2024, 11:53 AM ET Open Extended Reactions BROWNSBURG, Ind. — Drag racing Hall of Famer John Force may contend for another Funny Car title even though he won’t drive the rest of the season as he recovers from a traumatic brain injury after a crash in Virginia last month. Past Funny

In an aerial view, a sign is posted on the exterior of a Carvana car vending machine on July 19, 2023 in Daly City, California.  Justin Sullivan | Getty Images Shares of Carvana jumped as much as 12% during after-hours trading Wednesday as the company topped Wall Street’s expectations for the second quarter and disclosed

Open Extended Reactions Sergio Pérez‘s future at Red Bull will be on the agenda as team principal Christian Horner and advisor Helmut Marko meet on Monday to discuss the team’s faltering 2024 season. Pérez’s poor form over the past races and the resurgence of McLaren has seen Red Bull’s constructors’ championship lead whittled down to

Open Extended Reactions Williams boss James Vowles was surprised neither Red Bull nor Mercedes showed serious interest in Carlos Sainz for 2025 and beyond. Sainz, set to be replaced at Ferrari by Lewis Hamilton, will join Williams on a multiyear deal next season. The deal ended months of speculation about his future, but during a

In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT CEO of auto giant Stellantis Carlos Tavares speaks to journalists during a joint media event by Stellantis and Leapmotor in Hangzhou, in eastern China’s Zhejiang province on May 14, 2024.  – | Afp | Getty Images DETROIT – Automaker Stellantis plans to once again reduce

Open Extended Reactions Lewis Hamilton said his record-extending 105th Formula One win at the Belgian Grand Prix was bittersweet given Mercedes teammate George Russell‘s disqualification from victory. Hamilton inherited the Spa win after Russell’s car was found to be underneath the minimum weight requirement for every car at the end of an event. Editor’s Picks

BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving

Open Extended Reactions Ferrari driver Carlos Sainz will join Williams in 2025, the team confirmed Monday, ending months of speculation about the Spanish driver’s future. Sainz has signed on a multi-year Williams deal, meaning he will drive alongside Alex Albon in 2025. Editor’s Picks 1 Related Announcing the deal, Williams said he will race at

In this article F GM STLA Follow your favorite stocksCREATE FREE ACCOUNT New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT – The last time shares of Ford Motor dropped by more than 18% in a

Laurence Edmondson, F1 EditorJul 26, 2024, 06:50 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions SPA FRANCORCHAMPS, Belgium — Sergio Pérez claims his position at Red Bull is not at risk over the summer break, saying he is 100% certain he will still be at the team

George Russell has been stripped of his victory at the Belgian Grand Prix after his Mercedes car was found to be underweight after the chequered flag. The decision means teammate Lewis Hamilton was promoted to first place, securing his second victory of the season after his win at the British Grand Prix earlier this month.

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Musk is attending Cannes Lions this week with an aim to reassure ad groups and global brands over the future of X. Marc Piasecki | Getty Images Tesla CEO Elon Musk posted an informal poll on social network X asking whether his publicly traded automaker

Laurence Edmondson, F1 EditorJul 27, 2024, 01:14 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions SPA-FRANCORCHAMPS, Belgium — Max Verstappen is approaching Sunday’s Belgian Grand Prix as a damage limitation exercise as he prepares to start the race from 11th on the grid. The Red Bull driver

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla. Antonio Masiello | Getty Images Tesla shares fell more than 8% in premarket trading in the U.S. after the electric carmaker reported second-quarter earnings that missed expectations amid ongoing pressure in its auto business. The stock pared losses to trade

Laurence Edmondson, F1 EditorJul 27, 2024, 02:48 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Sergio Perez has finished on the podium in four of 13 races so far this season. SIMON WOHLFAHRT/AFP via Getty Images SPA-FRANCORCHAMPS, Belgium — Sergio Perez has played down the significance of his

Ford Motor on Wednesday reported a disappointing second quarter, missing earnings expectations by a wide margin as higher warranty costs ate into profits. We’re downgrading the automaker and sending its stock back to the penalty box in response to the reemergence of these quality problems. Automotive revenue increased 6% year over year, to $47.8 billion,

Laurence Edmondson, F1 EditorJul 26, 2024, 08:58 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions SPA-FRANCORCHAMPS, Belgium — Max Verstappen faces a 10-place grid penalty from wherever he qualifies at the Belgian Grand Prix after he exceeded his quota for engines this season. A grid penalty was

Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots. CNBC | Evelyn Cheng BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis of the four automakers’ first-quarter earnings. It’s a strategy for survival in

Laurence Edmondson, F1 EditorJul 26, 2024, 10:12 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions SPA-FRANCORCHAMPS, Belgium — Alpine team principal Bruno Famin will leave his role at the end of August as the team’s parent company, Renault, prepares to put an end to its Formula One

In this article F GM STLA TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Ford Bronco on display at the New York International Auto Show on March 28, 2024.  Danielle DeVries | CNBC DETROIT — Ford Motor is leading a decline in major U.S. automotive stocks this week amid disappointing results and investor skepticism around

Laurence Edmondson, F1 EditorJul 25, 2024, 12:03 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions SPA-FRANCORCHAMPS, Belgium — Lando Norris said he was “not proud” that McLaren’s team orders controversy at the end of the Hungarian Grand Prix overshadowed teammate Oscar Piastri‘s first win. With the two

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — General Motors’ newest Chevrolet Corvette will be the most powerful version of the American sports car ever produced — and it’s not even close. The Detroit automaker said Thursday the 2025 Chevy Corvette ZR1

Ryan McGee, ESPN Senior WriterJul 25, 2024, 09:09 AM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions Of the 32 sports taking place at this summer’s Olympic Games in Paris, auto racing isn’t among them. AP Photo/Michel Euler, File Earlier

In this article TSLA GM F Follow your favorite stocksCREATE FREE ACCOUNT Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 05, 2024 in Chicago, Illinois.  Scott Olson | Getty Images News | Getty Images Car buyers who were among the first to make the EV switch are far

Jul 23, 2024, 08:46 AM ET Open Extended Reactions Former Ferrari team principal Mattia Binotto will lead Audi’s Formula One entry with current bosses Oliver Hoffmann and Andreas Seidl departing, the German manufacturer said on Tuesday. Binotto will join on Aug. 1 as chief operating and chief technical officer at Sauber Motorsport, the Swiss-based entity