News

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

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

In this article STLA STLAM-IT GM F Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – The United Auto Workers is expanding strikes to 38 parts and distribution locations across 20 states for General Motors and Stellantis, UAW President Shawn Fain said Friday morning. The union will not initiate additional strikes at Ford Motor, as the

Laurence Edmondson, F1 EditorSep 24, 2023, 06:12 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 SUZUKA, Japan — Christian Horner has said he doubts Red Bull will ever be able to repeat the success it has had this season after his team won the constructors’ championship at the Japanese Grand

Automakers and their retailers are getting creative in the race for service technicians. In February, Mercedes-Benz USA partnered with Job Corps to grow its technician ranks. In March, Ford Motor Co. announced a $1 million scholarship fund for future technicians in four U.S. cities. And Volvo Cars, in an effort to recruit more female technicians,

In this article F BARC-GB TSLA Follow your favorite stocksCREATE FREE ACCOUNT Shares of Tesla (TSLA) edged lower Friday after Barclays forecasted the mega-cap name would miss on delivery results. Wall Street analysts expect Tesla to report third-quarter deliveries of 455,000 units, missing the consensus forecast of 463,000 units. Barclays maintained an equal weight (hold)

Sep 22, 2023, 10:02 AM ET Formula One stewards have accepted they erred in not imposing a grid penalty on Red Bull’s Max Verstappen for impeding in Singapore qualifying last weekend, and the decision will not serve as a precedent. Championship leader Verstappen collected two reprimands for three incidents reviewed but escaped any penalty for

Unifor’s tentative deal with Ford Motor Co. of Canada includes immediate wage increases of up to 22 percent and a commitment to added engine production capacity in Windsor, Ont. The automaker has also pledged to transfer workers currently on defined contribution pensions plans to the superior defined benefits plan in 2025. In a summary of

In this article 9868-HK 2015-HK RIVN 9866-HK TSLA Follow your favorite stocksCREATE FREE ACCOUNT A new exchange-traded fund is zeroing in on electric vehicle manufacturers. Defiance ETFs runs the Solactive Pure U.S. Electric Vehicle ETF — which is also known as the Pure EV Index fund. It’s designed to give investors a way to make

Sep 22, 2023, 10:10 AM ET Daniel Ricciardo’s return to the Formula One starting grid may still be some way off as the Australian driver recovers from a broken hand, the Australian’s AlphaTauri team said on Friday. The 34-year-old has missed four races, including Sunday’s Japanese Grand Prix at Suzuka, but there has been talk

As the historic UAW strike enters its third week, dealers hope preparation will be enough to cushion the blow and keep service departments humming as the labor unrest hits closer to home with more than three dozen parts facilities being taken offline by the union’s latest tactic. UAW President Shawn Fain announced on Friday that

Members of the United Auto Workers (UAW) union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on September 20, 2023.  Bill Pugliano | Getty Images Regardless of the outcome, the United Auto Workers strike threatens to cause already high car prices to escalate. After the Big Three automakers — Ford,

Alyssa Roenigk, ESPN Senior WriterSep 22, 2023, 07:56 AM ET Close Alyssa Roenigk is a senior writer for ESPN whose assignments have taken her to six continents and caused her to commit countless acts of recklessness. (Follow @alyroe on Twitter). JETT LAWRENCE IS lining up a 10-foot putt in his bedroom as he explains why,

An auto industry group said on Friday carmakers do not plan to immediately comply with a Massachusetts law requiring them to share vehicle data with independent repair shops citing concerns about potential hacking. The National Highway Traffic Safety Administration previously reversed course and said automakers could safely share diagnostic data with independent shops, after earlier

In this article STLA STLAM-IT F GM Follow your favorite stocksCREATE FREE ACCOUNT Shawn Fain, president of the United Auto Workers, speaks to the crowd during a UAW rally in Detroit, on Sept. 15, 2023. Emily Elconin | Bloomberg | Getty Images United Auto Workers President Shawn Fain on Friday invited President Joe Biden to

Laurence Edmondson, F1 EditorSep 21, 2023, 05:00 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 SUZUKA, Japan — McLaren team principal Andrea Stella believes Oscar Piastri has similar traits to two-time champion Fernando Alonso and seven-time champion Michael Schumacher. This week, Piastri, who is in his rookie season in F1,

The UAW’s strategy of having targeted strikes against the Detroit 3 aims to damage the companies’ reputations and “keep them wounded for months,” according to private messages written by a top aide to the union’s president. The messages, obtained Thursday by Automotive News, indicate that the union’s goal is to extract gains from the automakers

Republican presidential candidate Sen. Tim Scott, R-S.C., speaks during a meet and greet, Monday, Sept. 18, 2023, in Fort Dodge, Iowa. Charlie Neibergall | AP Several Republican presidential candidates have gone on the attack against unions in response to the United Auto Workers‘ strike, despite strong support for organized labor among the American public. The

Ryan McGee, ESPN Senior WriterSep 21, 2023, 12:03 PM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year To celebrate NASCAR’s 75th anniversary, we’re detailing our 75 favorite things about the pinnacle of stock car racing. Illustration by ESPN We are closing in on

A wider strike by the UAW would have an impact beyond the Detroit 3 automakers, with struggling steelmakers a particularly vulnerable target. The union is scheduled on Friday to discuss adding plants to its strike against General Motors, Ford Motor Co. and Chrysler parent Stellantis. A UAW negotiator said the latest offer from Stellantis “didn’t

In this article F GM STLA Follow your favorite stocksCREATE FREE ACCOUNT (L-R) Supporter Ryan Sullivan, and United Auto Workers members Chris Sanders-Stone, Casey Miner, Kennedy R. Barbee Sr. and Stephen Brown picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT – With a deadline for

Sep 21, 2023, 05:13 AM ET Formula One should be tougher on drivers who impede others because “no one seems to care enough,” McLaren’s Lando Norris said on Thursday. Red Bull’s runaway championship leader Max Verstappen received three summons to the stewards in Singapore last weekend for impeding in qualifying and was handed two reprimands

Stellantis on Wednesday said had submitted a new contract proposal to the UAW, while General Motors sought to counter what it called “misinformation” by sharing more financial details of its latest offer. Stellantis presented its latest offer on Tuesday, according to a spokesperson. The company said the proposal — its fifth since negotiations began —

Chinese electric vehicle maker Nio launches a smartphone at an event in Shanghai on Sept. 21, 2023. Evelyn Cheng | CNBC SHANGHAI — Chinese electric car brand Nio on Thursday released an Android smartphone, which the company expects at least half its users to buy, CEO William Li told CNBC in an exclusive interview ahead

Not too long ago, it might have seemed inconceivable that multiple NBA superstars would become aware of the goings-on in Saudi Arabian professional soccer. Yet over the summer, LeBron James and Giannis Antetokounmpo both weighed in on Al Hilal’s pursuit of French star Kylian Mbappé, as reports emerged that the club was willing to commit

Penske Automotive Group Inc. on Wednesday said its PAG International subsidiary, together with Sweden’s Hedin Mobility Group, submitted a cash offer to buy U.K. auto retail giant Pendragon, just two days after rival dealership group Lithia Motors Inc. announced its plan to purchase most of the same company for $350 million. Pendragon in a Wednesday

In this article F GM STLAM-IT STLA Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on a picket line outside the Stellantis NV Toledo Assembly Complex in Toledo, Ohio, on Sept. 18, 2023. Emily Elconin | Bloomberg | Getty Images General Motors and Stellantis said they have laid off additional workers because of

Sep 19, 2023, 09:26 AM ET Formula One risks disarray in the unlikely event of Felipe Massa winning a threatened legal claim for the 2008 world championship, according to Mercedes team boss Toto Wolff. Former Ferrari driver Massa, now 42, has alleged he was denied the title by a “conspiracy” because the sport’s leaders knew

ANN ARBOR, Mich. — Bollinger Motors is about to shift into drive. With the majority of the engineering complete on Bollinger’s first commercial product, a battery-powered Class 4 chassis cab, final testing is underway. Bollinger’s marketing team is about to hit the road to book orders ahead of the planned start of production in the

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Lana Payne speaks to delegates after being elected as president of UNIFOR, Canada’s largest private sector union, at the Metro Toronto Convention Centre on Aug. 10, 2022. Richard Lautens | Toronto Star | Getty Images DETROIT – Ford Motor avoided having to face labor strikes