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Former U.S. President Donald Trump speaks during an autoworker-focused campaign rally at auto supplier Drake Enterprises, on Sept. 27, 2023 in Clinton Township, Michigan. Michael Wayland / CNBC CLINTON TWP., Mich. – Former President Donald Trump attempted to woo blue-collar autoworkers Wednesday night by criticizing electric vehicles and warning of the unsubstantiated demise of the
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Williams boss James Vowles says the team is “nowhere near” parting company with Logan Sargeant, who the team wants to keep in the car for 2024. Sargeant has struggled in his rookie season and a string of costly crashes over the past few races has ramped up pressure on the Floridian. The American’s place at
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In this article TSLA F Follow your favorite stocksCREATE FREE ACCOUNT The UAW strikes hitting the Detroit Three automakers — GM, Ford and Stellantis — could widen the electric vehicle gap between them and Tesla, which already controls 60 percent of the EV market. The three Detroit automakers all use union labor, and those workers
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Sep 28, 2023, 08:56 AM ET New Zealand-based Rodin Cars said on Thursday its bid to enter Formula One as an 11th team and with a female driver had been rejected and it expected Andretti Global to be the only successful applicant. Rodin’s Australian founder David Dicker said in a statement the company had proposed
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In this article F STLAM-IT GM Follow your favorite stocksCREATE FREE ACCOUNT Striking members of the United Auto Workers (UAW) picket outside the GM’s Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. Evelyn Hockstein | Reuters DETROIT – Tensions are rising and accusations are flying between the Detroit automakers and
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Austin Lindberg, Senior EditorSep 28, 2023, 09:21 AM ET Marc Marquez and Honda are accustomed to winning championships. They’ve fallen well short of expectations in 2023. Diogo Cardoso/DeFodi Images via Getty Images For decades, Honda has been synonymous with success in MotoGP. The Japanese manufacturer won its first world championship in 1983, when Freddie Spencer pipped
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020. David Paul Morris | Bloomberg | Getty Images The U.S. Equal Employment Opportunity Commission (EEOC) has sued Tesla accusing Elon Musk’s electric car maker of violating “federal law by
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Red Bull design legend Adrian Newey says he does have some regrets at never working at Ferrari or with F1 greats like Fernando Alonso and Lewis Hamilton. Newey has been at Red Bull since 2006 and has played a key role in each of the team’s six constructors’ championships, the most recent of which it
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In this article Follow your favorite stocksCREATE FREE ACCOUNT VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, March 1, 2023. Lisa Baertlein | Reuters Vietnamese electric vehicle maker VinFast‘s ambitious plan to deliver as many as 50,000 vehicles this year is “unrealistic,” according to one analyst.
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In this article GM STLAM-IT F Follow your favorite stocksCREATE FREE ACCOUNT Members of the United Auto Workers (UAW) Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on September 26, 2023, to show solidarity for the “Big Three” autoworkers currently on strike.  Patrick
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In this article F RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian Automotive (RIVN) shot up 6% on Tuesday after Wall Street analysts made an upbeat call on the electric vehicle maker. Baird named Rivian a “bullish Fresh Pick,” expecting third-quarter deliveries to beat estimates, citing improving margins at the company and stronger underlying demand
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AutoNation Inc. has followed two rivals into the bidding war for Pendragon, the large auto retailer in the United Kingdom that just a week ago looked poised to be sold to Lithia Motors Inc. In a Tuesday regulatory filing, Pendragon said it received an unsolicited proposal from AutoNation to acquire the company for 32 pence,
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Aston Martin’s Jess Hawkins became the first woman in nearly five years to drive a contemporary Formula One car at an event in Budapest last week. Stunt driver Hawkins, who is signed to the team in a ambassadorial capacity, drove 26 laps in the team’s 2023 car at the Hungaroring circuit which hosts the Hungarian
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Associated Press Sep 25, 2023, 09:20 AM ET IndyCar will return to the Milwaukee Mile next season, and Texas Motor Speedway is off the calendar for the first time since 1997 in the 2024 schedule released Monday. The 17-race schedule features two Saturday night races, a $1 million all-star race in Southern California, 12 races
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Porsche will switch its flagship model — the Cayenne crossover — to battery power in 2027. Meanwhile, the sports car maker is broadening the nameplate’s lineup with plug-in hybrid offerings. The 2024 Cayenne S E-Hybrid, available in coupe and crossover body styles, will be the third electrified Cayenne model when it arrives in the U.S.
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Associated Press Sep 24, 2023, 08:12 PM ET FORT WORTH, Texas — William Byron took the lead for the first time after the final restart with six laps left to win at Texas Motor Speedway on Sunday, advancing to the round of eight in the NASCAR playoffs while giving Hendrick Motorsports its 300th victory. With
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Automakers have cut about 63,400 vehicles from their production schedules over the previous three weeks because of the microchip shortage, according to the latest estimate by AutoForecast Solutions. Most of those cuts occurred in North America, where automakers axed 56,642 vehicles from plans at their assembly plants since the forecasting firm’s Sept. 1 estimate. Companies
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Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia’s automotive industry more
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Unifor members at Ford Motor Co. of Canada have voted to ratify the tentative collective agreement struck Sept. 19 between union negotiators and the automaker. Membership approval of the three-year deal, which was unanimously endorsed by Unifor’s auto bargaining committee, locks in substantial wage gains and pension improvements for workers, and will see Ford invest
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