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The UAW outlined plans for a series of strikes targeting individual U.S. auto plants, in what would be their first-ever simultaneous walkout against the Detroit 3 automakers. The escalation comes as negotiations over a new deal, which began in July, between the union and automakers Ford Motor Co., General Motors and Chrysler parent Stellantis have

Employees work on the assembly line of C11 electric SUV at a factory of Chinese EV startup Leapmotor on April 26, 2023 in Jinhua, Zhejiang Province of China. Vcg | Visual China Group | Getty Images China has accused the European Union of “blatant protectionism” after its executive arm unexpectedly launched an “anti-subsidy” investigation into

Marshall Pruett, Racing columnistSep 13, 2023, 03:17 PM ET Alex Palou won his second IndyCar championship in three seasons Sunday at Laguna Seca. Gary A. Vasquez-USA TODAY Sports At the time of his first crowning as an IndyCar series champion in 2021, Alex Palou was a bright new star who rocketed from anonymity to American open-wheel

The UAW will strike certain Detroit 3 plants starting early Friday without new agreements in place, President Shawn Fain said, but two of the automakers said they haven’t gotten responses from the union to their latest offers. Fain, during a livestream Wednesday afternoon, called proposals giving raises of up to 20 percent insulting and said

In this article F Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – Ford Motor CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously ahead of a Thursday night strike deadline, placing blame on the union leader for not showing up to the bargaining table

New Zealand’s Liam Lawson will continue to race for AlphaTauri in place of the injured Daniel Ricciardo at the Singapore Grand Prix. Ricciardo suffered a broken metacarpal in his left hand in a crash ahead of the Dutch Grand Prix, which also forced him to miss the Italian Grand Prix. Ricciardo will be present with

DETROIT — The GMC Acadia is getting roomier. After shrinking for the current generation, the three-row Acadia returns for the 2024 model year to the larger footprint it once shared with the Chevrolet Traverse and Buick Enclave. Acadia production is moving from Spring Hill, Tenn., back to Lansing, Mich., rejoining the Traverse and Enclave. The

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 Wednesday’s key moments. Equities gain Knives out on Oracle A bold move on Ford 1. Equities gain, despite inflation uptick Stocks edged up in midmorning trading Wednesday — the S & P 500

DETROIT — Ford Motor Co. CEO Jim Farley late Tuesday said the company’s latest contract proposal presented to the UAW is the “most generous offer in 80 years” and includes a number of union priorities, although a four-day work week is not among them. Farley, speaking after Ford introduced the freshened 2024 F-150, said the

Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT — The United Auto Workers union plans to implement targeted strikes at certain plants against the Detroit automakers if tentative contracts are not reached with General Motors, Ford

Max Verstappen’s third championship has been a matter of when, not if, for several months now, but he has to wait at least one race more until he wraps it up. The Dutchman’s win at the Italian Grand Prix was a record 10th in a row and it would be a brave bet against him

Ford Motor Co. on Tuesday said it has hired a new chief marketing officer and moved two members of the Ford family into new roles. The automaker said Lisa Materazzo, who was the top marketing executive at Toyota Motor North America, has been named CMO, effective immediately. She will report to CEO Jim Farley and

In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – Many on Wall Street view potential strikes by United Auto Workers against the Detroit automakers as largely manageable –

Join us at noon EDT Wednesday for a LinkedIn Live talk with Jessica Caldwell, executive director of insights at Edmunds, on the buzz from the North American International Detroit Auto Show. Joining Caldwell will be Automotive News Executive Editor Jamie Butters and Staff Reporter Lindsay VanHulle, who covers General Motors. They will share insights and

Used car sales are soaring all over the U.S., and companies from Autonation to CarMax, Carvana and Buffalo, New York-based used car start-up ACV Auctions are benefitting. Patrick T. Fallon | Bloomberg | Getty Images During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers

Associated Press Sep 10, 2023, 12:29 PM ET MONTEREY, Calif. — IndyCar will hold an all-star race next year at The Thermal Club in Southern California, with $1 million guaranteed to the winner of the made-for-TV exhibition. The $1 Million Challenge will be held March 24 and air on NBC, with practice and qualifying the

Tesla Inc.’s Dojo supercomputer could power a near $600 billion jump in the automaker’s market value by boosting the adoption of robotaxis and its software services, Morgan Stanley analysts said. The electric-vehicle maker started production of the supercomputer used to train artificial intelligence (AI) models for self-driving cars in July and plans to spend more

In this article ELWS-IL Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicles are taking up an increasing percentage of the overall auto market share every year — rising from 4% in 2020 to 14% last year. Among the holdouts, a lack of charging infrastructure seems to be one of consumers’ most common reasons for not

Associated Press Sep 10, 2023, 06:17 PM ET MONTEREY, Calif. — Scott Dixon snagged his third win of the season — one week too late to contend for the IndyCar championship — with a strategic run in Sunday’s season finale at Laguna Seca. The win for Dixon was the first of his career at Laguna

Driving through the plains of Ontario always reminds me of my home state of Iowa. A lot of it is agricultural. and the road can be numbingly straight. But as Jake Neher and Jack Hallauer — two Michigan native colleagues — and I headed toward the Toronto exurb of Brampton to tour a Magna International

German Chancellor Olaf Scholz (SPD,l.), and Ola Källenius, Chairman of the Board of Management of Mercedes-Benz AG, visit the Mercedes stand during the opening of the IAA. Sven Hoppe | Picture Alliance | Getty Images Munich, GERMANY — The IAA Mobility motor show is taking place in Munich, Germany this week, and there is no

Associated Press Sep 9, 2023, 10:29 PM ET MONTEREY, Calif. — Felix Rosenqvist will end his tenure with Arrow McLaren Racing by starting from the pole in the IndyCar Series season finale at Laguna Seca. Rosenqvist won his second pole of the season — first since the Texas Motor Speedway oval in March — with

Larry Dominique is just happy to see people talking about Alfa Romeo. The Italian brand grabbed headlines in late August by unveiling the limited-edition 33 Stradale, a supercar that surpasses 620 hp with a twin-turbo V-6 engine or more than 750 hp in an electric iteration. Although Alfa Romeo is building only 33 of the

In this article AVD Follow your favorite stocksCREATE FREE ACCOUNT Bluecinema Picture this: You come home after a long day. As you approach your front door, you reach for your keys — but don’t feel them in your pocket. You quickly realize you’re locked out of your home. Luckily, on-call locksmiths are available to help.

Associated Press Sep 8, 2023, 03:34 PM ET MONTEREY, Calif. — David Malukas filled one of the final pieces of IndyCar free agency Friday when the relatively unknown Chicago native snagged one of the most coveted seats in the series. Arrow McLaren Racing named the 21-year-old to its third car — the one that presumably

The 2023 class of Automotive News Rising Stars distinguished themselves by addressing some of the industry’s biggest challenges, from keeping parts moving and sales growing during the depths of essential-only work to driving electric vehicle production and adoption to developing the tools and systems needed for automated driving. They’ve proved themselves during an era of

US President Joe Biden tours the Mack Trucks Lehigh Valley Operations Manufacturing Facility alongside Martin Weissburg (R), President of Mack Trucks and Kevin Fronheiser (L), Shop Chairman of UAW Local 677, in Macungie, Pennsylvania, July 28, 2021. Saul Loeb | AFP | Getty Images WASHINGTON — President Joe Biden finds himself in a tough spot between

Sep 9, 2023, 08:18 AM ET Red Bull motorsport consultant Helmut Marko, one of the leading figures in the dominant Formula One team, apologised on Friday for blaming Mexican driver Sergio Perez’s fluctuating form on his ethnicity. The 80-year-old Austrian, a former racer who was a close friend of Red Bull’s late owner Dietrich Mateschitz,

As an upstart interloper in a market dominated by what was then “The Big Three,” Toyota established a beachhead in the U.S. pickup market five decades ago with a small, fuel-efficient, utilitarian offering that separated itself from the much larger trucks rolling out of Detroit. Today, Toyota’s pickups are much larger, as is both the

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT The following is adapted from Walter Isaacson’s biography “Elon Musk,” publishing Sept. 12. On a Friday in late August of this year, Elon Musk got into his Model S at Tesla headquarters in Palo Alto, selected a random spot on his navigation screen, and let