With a parade of new models and a marketing tailwind from Formula 1, sports car maker Aston Martin expects to become cash-flow positive this year, according to executive chairman Lawrence Stroll. “We’re now at a really transitional moment, with an inflection point for this company,” Stroll told CNBC. “We’re introducing all our products, finally, after
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Open Extended Reactions Formula One officials believe Las Vegas’ second race this year will make fewer headlines for being disruptive to the city’s residents. Greg Maffei, CEO of F1 owners Liberty Media, apologised to Las Vegas residents ahead of last year’s debut race after a long period of preparations to the circuit, which runs down
Robotaxi operator Pony.ai has begun testing rides with human staff inside between a suburb of Beijing and a major high-speed train station. CNBC | Evelyn Cheng BEIJING — In three years, China’s capital city of Beijing has taken rapid steps toward letting robotaxis operate closer to the city center. This month, the city began allowing
Associated Press May 30, 2024, 06:25 PM ET Open Extended Reactions CHARLOTTE, N.C. — Carl Edwards says he never expected to be inducted into the NASCAR Hall of Fame so when the announcement came down a week ago, he was unreachable for hours until his wife encouraged him to check his phone. He was shocked
Let’s say you just joined the Club, and you are trying to figure out which stocks we think are buyable right now, right here. Ideally, what I would like members to be thinking about is a companion portfolio of up to a dozen stocks to a market index fund position — something we recommend for
Field Level Media May 29, 2024, 01:45 PM ET Open Extended Reactions The Indy 500 saw its best viewership in three years thanks to a rain delay that pushed the end of the race into prime time on Sunday, according to numbers released by NBC. The telecast drew 5.34 million viewers from across all NBC
In this article NSANY 7201.T-JP Follow your favorite stocksCREATE FREE ACCOUNT A Nissan Sentra sits on the lot at a dealership in Evanston, Illinois, on Nov. 12, 2010. Scott Olson | Getty Images Nissan has warned owners of older vehicles to drop driving cars equipped with recalled, unrepaired Takata airbags the National Highway Traffic Safety
Associated Press May 29, 2024, 05:39 PM ET Open Extended Reactions Helio Castroneves will run the next two IndyCar races in place of Tom Blomqvist, who was part of an opening lap crash that eliminated three cars at the start of the Indianapolis 500. Castroneves, who is now part of the ownership group at Meyer
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2025 Cadillac Optiq Cadillac DETROIT – General Motors’ new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wednesday. The compact-sized crossover is set to be Cadillac’s fourth electric vehicle when it goes on sale later this year. It follows the
Open Extended Reactions McLaren boss Zak Brown has said it is unfair to frame Andretti’s failed bid to join Formula One as proof of an anti-American bias in the sport. Andretti’s application to enter F1 in 2025 or 2026 was rejected by F1 owners Liberty Media, although the door is open for entry in 2028
May 27, 2024, 04:58 AM ET Open Extended Reactions Esteban Ocon retired from the race and apologised for causing the crash on social media. Marco Canoniero/LightRocket via Getty Images Alpine’s Esteban Ocon will face consequences for a costly first-lap collision with Formula One teammate Pierre Gasly at the Monaco Grand Prix, principal Bruno Famin said on
2025 Porsche 911 Targa 4 GTS hybrid sports car Porsche Porsche on Tuesday revealed the first-ever production hybrid version of its iconic 911 sports car, with a starting price of $164,900. The 2025 911 Carrera GTS hybrid marks a significant change to the iconic German sports car amid the automotive industry’s focus on increasing electrified
Open Extended Reactions Sergio Pérez remains the front-runner to stay with Red Bull in 2025, sources have told ESPN. Pérez, whose contract expires at the end of 2024, endured a tough weekend at the Monaco Grand Prix, qualifying 18th before being involved in a collision on the first lap. – Unlapped: How to listen or
Ryan McGee, ESPN Senior WriterMay 27, 2024, 09:36 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 On Sunday, Kyle Larson became the first person in 10 years to attempt the Indy 500-Coke 600 Double. Jeff Robinson/Icon Sportswire via Getty
May 27, 2024, 05:16 AM ET Open Extended Reactions Red Bull’s triple world champion Max Verstappen has said Sunday’s Monaco Grand Prix was “a bit boring” after starting and finishing sixth. Winner of five of the previous seven races this season, and all from pole position, the Dutch driver saw his championship lead over Ferrari’s
Marshall Pruett, Racing columnistMay 26, 2024, 11:42 PM ET Open Extended Reactions SPEEDWAY, Indiana — It thundered. It rained. It rocked. Precisely four hours after the green flag was meant to wave over the field of 33 drivers at the 108th Indianapolis 500, an instant classic was authored from the opening lap as a record-setting
The Peugeot e-3008 electric car on display during a presentation at the Stellantis car factory in Sochaux, France. Arnaud Finistre | AFP via Getty Images PARIS, France — French car giant Peugeot told CNBC this week that it’s partnering with Vay, a German mobility startup, to integrate so-called “teledriving” tech — an alternative to autonomous
Associated Press May 26, 2024, 11:46 AM ET Open Extended Reactions INDIANAPOLIS — The start of the Indianapolis 500 was expected to be delayed as a strong storm pushed into the area, forcing Indianapolis Motor Speedway officials to evacuate about 125,000 fans who had already arrived for “The Greatest Spectacle in Racing.” The video boards
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images Tesla could use more of high-profile CEO Elon Musk’s divided focus at a critical juncture for the electric
Associated Press May 25, 2024, 08:08 PM ET Open Extended Reactions CONCORD, N.C. — Kyle Larson qualified 10th for the Coca-Cola 600 following yet another busy day of travel between Indiana and North Carolina. Larson is attempting to join Tony Stewart on Sunday as the only drivers to complete all 1,100 miles on the same
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. U.S. stocks were mixed on Thursday. The Nasdaq hit a record high after Club holding Nvidia’s spectacular quarterly earnings report on Wednesday. The leading AI chipmaker once again crushed analysts’
Laurence Edmondson, F1 EditorMay 24, 2024, 03:10 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Lewis Hamilton still has the Monaco GP qualifying record from 2021. Joe Portlock – Formula 1/Formula 1 via Getty Images MONACO — After finishing second fastest in Friday practice for the Monaco Grand
In this article MBG-DE Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images DETROIT – The United Auto Workers union is challenging the results of
May 24, 2024, 03:22 PM ET Open Extended Reactions CEO Peter Bayer said RB are happy with their current driver selection. Rudy Carezzevoli/Getty Images Yuki Tsunoda has made a big step up this season and RB would be keen for the Japanese to stay next year, the Red Bull-owned team’s chief executive Peter Bayer said on
In this article XPEV NIO ZE594-CN Follow your favorite stocksCREATE FREE ACCOUNT BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images PARIS — Chinese electric carmakers are pushing ahead with expansion into Europe, even as
Ryan McGee, ESPN Senior WriterMay 24, 2024, 09:59 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 SPEEDWAY, Indiana — The 108th running of the Indianapolis 500 is upon us. Yes, 108 times … and they didn’t run the
General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on “the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM’s workforce” in Washington, U.S., December 13, 2023. Elizabeth Frantz | Reuters DETROIT – General Motors CEO
May 23, 2024, 05:28 PM ET Open Extended Reactions Max Verstappen has identified Lando Norris as a threat in the drivers’ championship. Mark Thompson/Getty Images Red Bull’s Formula One leader Max Verstappen recognised Lando Norris as a growing title threat on Thursday after the McLaren driver’s run of a win and two second places from the
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images PARIS, France — Tesla CEO Elon Musk said on Thursday that he doesn’t support President Biden’s recent announcement
Associated Press May 21, 2024, 12:53 PM ET Open Extended Reactions Mere hours after Formula One’s chief technical officer said he was leaving after seven years in the role, Andretti Cadillac said it had hired him as its executive engineering consultant. Pat Symonds is not eligible to begin working for Andretti until his non-compete clause
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