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SEC Chair Gary Gensler participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury in Washington, D.C., July 28, 2023. Kevin Dietsch | etty Images The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire disclosed in a social media post on Thursday. The post

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images Automaker Stellantis and Chinese battery giant CATL on Tuesday announced plans to jointly build a 4.1 billion euro ($4.3 billion), large-scale lithium

Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters DETROIT — There’s a “renewed optimism” among U.S. car dealers heading into 2025, fueled by President-elect Donald Trump’s return to the White House as well as positive

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters Tesla shares jumped to an all-time high on Wednesday, surpassing their prior record

An employee of the Volkswagen plant in Zwickau stands next to the VW logo on the factory premises during an information event organised by the Works Council of Volkswagen Saxony in Zwickau, eastern Germany, on October 28, 2024.  Jens Schlueter | Afp | Getty Images A perfect storm of challenges for the European automobile industry

Ljubaphoto | E+ | Getty Images If you’re in the market for a used car, the best time of the year to buy one is fast approaching. New Year’s Eve and New Year’s Day are the best days of the year to buy a used car because there are 47.9% more deals than average, according

Laurence Edmondson, Senior Writer, F1Dec 10, 2024, 11:04 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Ferrari has confirmed a “multi-year” deal to supply engines and gearboxes to the Cadillac Formula 1 team for its planned arrival on the grid in 2026. In November, F1 announced an

In this article STLA STLA Follow your favorite stocksCREATE FREE ACCOUNT Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024.  Benoit Tessier | Reuters DETROIT — “Arrogant.” It’s the word former Stellantis CEO Carlos Tavares used in June to describe

Laurence Edmondson, Senior Writer, F1Dec 10, 2024, 06:19 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Andrea Stella credits the team’s success to unlocking the potential in people and encouraging the team to not be a ‘one-man show’. Qian Jun/MB Media/Getty Image McLaren team principal Andrea Stella is

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Supercharger stations are seen in a parking lot in Austin, Texas, on Sept. 16, 2024. Brandon Bell | Getty Images Tesla is being sued by the family of a driver who died in a 2023 collision, claiming that the company’s “fraudulent misrepresentation” of its

Laurence Edmondson, Senior Writer, F1Dec 9, 2024, 05:51 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Mercedes would celebrate Lewis Hamilton winning an eighth world title with Ferrari next year as long as it doesn’t come at the expense of its own championship success, team principal Toto

Dec 9, 2024, 08:20 AM ET Open Extended Reactions Sergio Pérez is holding talks with Red Bull in the coming days to work out the “right way forward,” with his Formula 1 exit likely to be confirmed. Sources have told ESPN that Red Bull are set to move on from Pérez after the discussions, which

Dec 8, 2024, 03:12 PM ET Formula 1 world champion Max Verstappen will serve a penalty for swearing when he visits Rwanda next week to collect his winner’s trophy, the governing FIA said on Sunday. Verstappen, who secured his fourth successive championship in Las Vegas last month, was ordered to do “work of public interest’

Open Extended Reactions ABU DHABI, United Arab Emirates — Sergio Pérez retired on the second lap of what looks likely to be his final race for Red Bull at the Abu Dhabi Grand Prix. Editor’s Picks 1 Related Sources have told ESPN that Perez is set to leave Red Bull after this race, with the

Open Extended Reactions ABU DHABI, United Arab Emirates — The odds appear stacked against Ferrari in their quest for a first championship since 2008, but Charles Leclerc said there’s no reason a miracle cannot happen at the Abu Dhabi Grand Prix. Leclerc will start last, with teammate Carlos Sainz third at the final race, where

In this article GOOGL UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber and WeRide are partnering to offer robotaxi service in Abu Dhabi. Courtesy Uber Technologies, Inc. Uber is partnering with China’s WeRide to offer autonomous vehicle rides in Abu Dhabi, the companies announced on Friday. To start, each WeRide robotaxi that’s hailed via the

Dec 7, 2024, 06:43 AM ET Open Extended Reactions The only scary thing about Max Verstappen is his speed, according to McLaren’s Lando Norris. Mercedes rival George Russell has accused Red Bull’s quadruple world champion of bullying and threatening behaviour in a row that blew up in Qatar last weekend and re-ignited in Abu Dhabi.

In this article AMZN META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta shares continued their extended rally on Friday, rising 2.4% and closing at a record

Dec 6, 2024, 12:50 PM ET Open Extended Reactions Abbi Pulling has won the 2024 F1 Academy title. Pauline Ballet – Formula 1/Formula 1 via Getty Images Britain’s Abbi Pulling won the 2024 all-female F1 Academy title for the second time in a week on Friday after taking pole position for three season-ending races in Abu

British carmaker Jaguar is undaunted by the criticism its recent rebranding campaign generated. A video launching the overhaul went viral online as commenters critiqued the company’s design choices, called the company “woke,” and questioned why the ad did not feature a car.  But experts say the company’s real challenge is executing its plan to save

Associated Press Dec 6, 2024, 05:52 AM ET Open Extended Reactions The Chinese Grand Prix will stay on the Formula 1 calendar until at least 2030 after a contract extension was announced on Friday. Editor’s Picks 2 Related The deal was struck even though F1’s first Chinese driver, Zhou Guanyu, is without a race seat

Republican nominee for U.S. Senate Bernie Moreno addresses supporters at Brecksville Community Center on November 4, 2024 in Brecksville, Ohio.  Stephen Maturen | Getty Images Republican Senator-elect Bernie Moreno, who made his living as a luxury car dealer before running against and defeating Democrat Sherrod Brown in the large manufacturing state of Ohio, said he

Dec 5, 2024, 04:29 PM ET Open Extended Reactions The new Cadillac team planning to enter Formula 1 in 2026 have appointed ex-Marussia chief executive Graeme Lowdon as principal, General Motors and partners TWG Global said on Thursday. The Briton is also involved in management for China’s first and only F1 driver Zhou Guanyu, who

The battery of an electric car is recharged at a roadside charging station on January 09, 2024 in London, England. Leon Neal | Getty Images News | Getty Images Britain is forecast to hit “peak petrol” in 2024, according to a new report, with electric vehicles (EVs) on track to assume a much bigger share

Laurence Edmondson, F1 EditorDec 5, 2024, 08:04 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Lewis Hamilton admits he underestimated how difficult, emotional and awkward it would be to spend a whole season saying goodbye to his Mercedes team this year. Ahead of the start of the

In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Department of Government Efficiency co-lead and former U.S. presidential candidate Vivek Ramaswamy isn’t prepared just yet to reveal his hand when it comes to where the new agency he will run with Elon Musk under President-elect Trump, DOGE, will target spending cuts. But one immediate

Open Extended Reactions Sergio Pérez is set to leave Red Bull at the end of the 2024 season, sources have told ESPN. According to multiple sources, Red Bull have decided to move on from Pérez after Sunday’s Abu Dhabi Grand Prix. Editor’s Picks 2 Related Team boss Christian Horner hinted at Pérez’s impending exit after

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Employees work on Buick Envision SUVs at General Motors’ Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., on Nov. 17, 2022, in Yantai, Shandong Province of China. Tang Ke | Visual China Group | Getty Images DETROIT – General Motors

Dec 4, 2024, 03:22 AM ET Open Extended Reactions The Dutch Grand Prix will be held for the last time in 2026. Alex Pantling – Formula 1/Formula 1 via Getty Images The Dutch Grand Prix will be removed from the Formula 1 calendar after 2026, it has been confirmed. F1 announced a one-year extension for the

In this article Follow your favorite stocksCREATE FREE ACCOUNT BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July 17, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Chinese automakers BYD, Leapmotor, and Xiaomi have raced past their annual delivery targets a month ahead of