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Employees leave the Volkswagen plant in Zwickau after a works meeting. Europe’s largest car manufacturer had announced that, in view of the worsening situation, it would once again tighten its austerity measures at the core VW brand. Picture Alliance | Picture Alliance | Getty Images German automotive giant Volkswagen on Tuesday said it was scrapping

The Volvo logo is displayed at the Volvo Cars Hill Country dealership on September 04, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images European car giants are contending with a perfect storm of challenges on the path to full electrification, including a lack of affordable models, a slower-than-anticipated rollout of

Cylib, a startup backed by Porsche and Bosch, is building a huge electric vehicle battery recycling facility in Dormagen, a town in Germany’s North Rhine-Westphalia region. Cylib A massive battery recycling plant is being built in Germany by Cylib, a startup looking to reduce waste from EV batteries that have reached the end of their

Open Extended Reactions “The way to win a championship is with the team. You’re going to need Oscar and you’re going to need the team”. At some point during Sunday’s Italian Grand Prix, or in the hours that followed, Lando Norris might well have reflected on those words. They had been spoken by race engineer

Sep 4, 2024, 02:35 PM ET Open Extended Reactions Adrian Newey, Formula One’s star designer, is set to join Aston Martin in 2025 with the team expected to confirm the move next week. Aston Martin have invited media to a press conference next Tuesday with senior leadership at the Silverstone factory. Sources, and media reports,

Toyota’s “We Roll Deep Anthem” spot includes fans and NFL stars “setting off on an adrenaline-packed NFL adventure.” Screenshot Automakers are rushing back into advertising during the National Football League season after a slowdown in recent years. Toyota Motor Corporation, Hyundai Motor Company and the Detroit automakers are among those expected to capitalize on the

Associated Press Sep 4, 2024, 04:50 PM ET Open Extended Reactions CHARLOTTE, N.C. — Make no mistake: Kyle Larson wants to run the Indianapolis 500 again next year. The deal he and Hendrick Motorsports signed with Arrow McLaren Racing was always a two-year deal, but 2025 was an option year that Larson said Wednesday is

Fronts of the GMC Sierra Denali,Tesla Cybertruck and Ford F-150 Lightning EVs (left to right). Michael Wayland / CNBC DETROIT – Tesla, General Motors, Rivian Automotive and Ford Motor have created a new market in the U.S. automotive industry of pricey, powerful and precarious electric pickup trucks that sell for $100,000 or more. Just five years

Open Extended Reactions Oliver Bearman made is Formula One debut with Ferarri. Photo by Kym Illman/Getty Images Oliver Bearman will make his Haas debut early as Kevin Magnussen‘s replacement at the Azerbaijan Grand Prix. Ferrari reserve driver Bearman, who made his Formula One debut at the Saudi Arabian Grand Prix when Carlos Sainz had appendicitis, is

A Tesla Model S car equipped with Autopilot. David Paul Morris | Bloomberg | Getty Images Tesla said it will launch its “Full Self Driving” driver assistance product in Europe and China early next year. In a post on the X social media platform, Elon Musk’s electric vehicle company on Thursday said that the service

Ryan McGee, ESPN Senior WriterSep 6, 2024, 09:48 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 Defending NASCAR champion Ryan Blaney, top right, has his work cut out for him in this year’s stacked Playoffs field. Sean Gardner/Getty Images

In this article VOW3-DE Follow your favorite stocksCREATE FREE ACCOUNT New cars of various brands are parked for export on the parking of a car terminal at the harbour of Duisburg, western Germany, on August 7, 2024. Ina Fassbender | Afp | Getty Images Germany’s car industry was once recognized around the world for its

Sep 5, 2024, 07:00 AM ET Open Extended Reactions Ferrari have appointed Loic Serra to be their chassis technical director. ANDREJ ISAKOVIC/AFP via Getty Images French engineer Loic Serra will take over as Ferrari’s chassis technical director when he joins in October, the Formula One team confirmed on Thursday. Ferrari’s former chassis technical director Enrico Cardile

A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024. Cfoto | Future Publishing | Getty Images Volvo Cars on Thursday scaled back its margin and revenue targets, after announcing it was no longer targeting 100% all-electric vehicle sales by 2030.

Open Extended Reactions After a controversial debut race Formula One is finding less resistance from the local community ahead of the second Las Vegas Grand Prix. F1’s flagship $500 million event featured a race down the famous Las Vegas Strip but the event faced criticism for the road closures and disruptions to local businesses in

A Ford Raptor pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT — Ford Motor’s U.S. vehicle sales jumped 13.4% last month, led by increases in the company’s F-Series trucks and hybrid models. The Detroit automaker reported sales Thursday of nearly

ESPN News Services Sep 4, 2024, 09:59 PM ET Open Extended Reactions Martin Truex Jr. is planning to take part in the Daytona 500 and reunite with his former crew chief Cole Pearn. Truex said in June that he no longer will be a full-time driver after this season, but revealed his plans for the

In this article VOW3-DE Follow your favorite stocksCREATE FREE ACCOUNT Employees of German car maker Volkswagen (VW) protest at the start of a company’s general meeting in Wolfsburg, northern Germany, on September 4, 2024. Moritz Frankenberg | Afp | Getty Images Management at German automotive giant Volkswagen is set to go toe-to-toe with workers on

Open Extended Reactions The Las Vegas Grand Prix was held for the firs time in 2023. Clive Mason – Formula 1/Formula 1 via Getty Images The Las Vegas Grand Prix will feature a Ferrari Challenge support race as part of Formula One’s plans to improve the spectator experience in year two and beyond. F1’s flagship event

In this article VLVOF Follow your favorite stocksCREATE FREE ACCOUNT Mikael Sjoberg | Bloomberg | Getty Images Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of selling only electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and cooling demand. Volvo Cars, which is owned by China’s Geely

Open Extended Reactions The governing FIA has confirmed all 2024 front wings are legal after Red Bull and Ferrari raised concerns about the designs of McLaren and Mercedes’ cars. Formula One’s season has been turned upside down since Red Bull’s dominant run at the start of the year, with McLaren and Mercedes claiming three wins

Jaque Silva | SOPA Images | Lightrocket | Getty Images Starlink, the satellite internet service owned and operated by SpaceX, said it will block the social network X in Brazil to continue operations there without the threat of losing its license. Elon Musk owns both businesses. Brazil’s supreme court blocked X in the country after

Laurence Edmondson, F1 EditorSep 3, 2024, 07:23 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Adrian Newey will leave Red Bull in 2025. Mark Thompson/Getty Images Aston Martin owner Lawrence Stroll has spoken about his desire to sign Adrian Newey, following reports that a deal with the Red

The white and blue VW logo stands on the roof of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | Getty Images German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its

Laurence Edmondson, F1 EditorSep 2, 2024, 06:17 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Red Bull’s Christian Horner admits his team risks losing both drivers’ and constructors’ championships this year if it is unable to find a solution to the issues it faced at the Italian

In this article BTC.CM= AAPL VOW3-DE RMV-GB Follow your favorite stocksCREATE FREE ACCOUNT People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024.  Jaap Arriens | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily

Laurence Edmondson, F1 EditorSep 2, 2024, 09:13 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Pierre Gasly believes the FIA should overturn the single race suspension Kevin Magnussen is set to serve at the Azerbaijan Grand Prix after a collision between the two drivers tipped Magnussen over

A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | Getty Images German carmaker Volkswagen on Monday warned it will no longer be able to rule out plant closures in the country, citing the specter

Associated Press Sep 1, 2024, 03:43 PM ET Open Extended Reactions WEST ALLIS, Wis. — Alex Palou suffered a power failure seconds before Sunday’s race began at the Milwaukee Mile in a blow to the IndyCar season championship leader. Palou was out of his car as it was being towed back to the garage for

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 — Chinese electric car giant BYD sold a record number of passenger vehicles in August, with sales of hybrids growing faster than those of