Associated Press Sep 3, 2023, 06:01 PM ET PORTLAND, Ore. — Alex Palou is a two-time IndyCar champion with Chip Ganassi Racing following a dominant run Sunday at Portland International Raceway. Palou earned his fifth win of the season to lock up the title with one weekend remaining in the 17-race schedule. It is the
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Hyundai Motor Group and battery partner LG Energy Solution will pour an additional $2 billion into the electric vehicle and battery complex currently under construction near Savannah, Ga., raising the total investment amount to $7.59 billion. LG will assemble battery cells onsite at the EV factory — called Metaplant America — as part of a
In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT 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 – United Auto Workers President Shawn Fain appears ready to fire up the picket lines. The
MONZA, Italy — Mercedes boss Toto Wolff feels any moves Formula One makes to cut Red Bull’s dominance would be a step towards WWE-style scripted content. Max Verstappen could win a record 10th straight victory at Sunday’s Italian Grand Prix. The Dutchman’s dominance this year has led to questions about whether F1 should change the
There was a surge in EV leasing this summer, accounting for 26 percent of all EV transactions in July — up dramatically from 7 percent in December, J.D. Power data shows. But counterintuitively, the brands experiencing an explosion in leasing are the ones ineligible for the U.S. government’s Clean Vehicle Credit incentive. EV lease rates
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco. Heather Somerville | Reuters The company Cruise is pushing back against an accusation from the San Francisco Fire Department, which claims that one of the company’s autonomous vehicles delayed an ambulance after a deadly accident.
Associated Press Sep 2, 2023, 03:20 PM ET DARLINGTON, S.C. — Joe Gibbs Racing’s Christopher Bell will start the NASCAR Cup Series playoffs up front after winning the pole at the Southern 500 on Saturday. Bell took his fourth pole of the season and third in the past eight races. He turned a fast lap
Artificial intelligence is helping reduce bias from dealers and lenders who might otherwise underestimate or overestimate a borrower’s income in the auto finance process. Reducing that bias speeds up deals, lowers risk and matches borrowers with the right type of loans, said Jessica Gonzalez, director of auto lending strategy and account management for Informed.IQ. AI,
German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design showcases a platform that will underpin the brand’s next generation of electric vehicles. The first electric vehicles based on the Neue Klasse — or new
Sep 2, 2023, 04:44 AM ET Lewis Hamilton has questioned the strength of Max Verstappen’s Formula One teammates compared to the drivers he’s partnered in his career. The seven times world champion also told Sky Italy that he was “no more impressed” with the Red Bull driver’s achievements than he had been when other champions
With a Sept. 14 contract deadline approaching, the UAW has accused two of the Detroit 3 of refusing to bargain fairly and the third of insulting workers with a lowball offer. The hostility caught the automakers off guard during what already have been unusually contentious negotiations, heightening fears that the union will call a strike
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model 3 vehicle on an auto carrier in front of a store in Rocklin, California, U.S., on Wednesday, July 21, 2021. Tesla Inc. is scheduled to release earnings figures on July 26. David Paul Morris | Bloomberg | Getty Images Tesla shares dropped
The 2023 Formula One racing season is moving forward, with expanded viewing options for American F1 fans across a variety of platforms. After Max Verstappen continued to dominate the competition in the Netherlands, the action heads to Autodromo Nazionale Monza in Italy. When is the Italian Grand Prix? How can I watch? The Italian Grand
Tesla Inc. presented a freshened version of its entry-level Model 3 that adds premium features including ventilated seats, ambient lighting and a rear-seat infotainment screen. The upgraded Model 3 will be displayed at the 2023 Munich auto show. The EV leader also announced surprise price cuts for other models late Thursday as CEO Elon Musk
In this article F STLA STLAM-IT GM Follow your favorite stocksCREATE FREE ACCOUNT UAW President Shawn Fain addresses union members during a Solidarity Sunday rally in Warren, Michigan, Aug. 20, 2023 Michael Wayland / CNBC DETROIT — United Auto Workers has filed unfair labor practice charges against automakers General Motors and Stellantis to the National
Associated Press Aug 31, 2023, 11:39 AM ET Linus Lundqvist at last got his full-time IndyCar ride when Chip Ganassi Racing on Thursday announced it had signed the Swedish driver to a multiyear contract. The 24-year-old Lundqvist won the Indy Lights championship in 2022 — a title that came with a scholarship intended for the
Stellantis has brought its Spoticar used-car platform from Europe to the U.S., giving dealerships an outlet for their certified pre-owned inventory. The website will be a connection point for dealers and consumers. Shoppers can use their ZIP code to browse CPO models from Stellantis brands that meet the company’s requirements. Users also can set up
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla
Alanis King, Racing columnistAug 31, 2023, 09:28 AM ET After years of driving the No. 18 Joe Gibbs Toyota Camry, Kyle Busch took over the No. 8 Richard Childress Racing Chevrolet Camaro in 2023. Jared C. Tilton/Getty Images In November, Kyle Busch reached a milestone he didn’t expect to hit until his NASCAR Cup Series retirement:
The Dodge Charger SRT Hellcat muscle car is more than 60 times as likely to be stolen as the average 2020-22 model year vehicle, topping all other vehicles in a study released today by the Highway Loss Data Institute. Dodge Charger and Challenger models with large engines frequently top the group’s annual list, but the
In this article GM GOOGL Follow your favorite stocksCREATE FREE ACCOUNT The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors is working with Google to explore opportunities to implement AI technologies across the automaker’s business, the companies
Laurence Edmondson, F1 EditorAug 30, 2023, 05:03 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 The build-up to the Italian Grand Prix seems as suitable a time as any to measure Ferrari’s performance in the Formula One season, and on the face of it progress over the last 12 months
Kumar Galhotra, president of Ford Blue, will be a keynote speaker at the Automotive News Congress in Detroit on Sept. 12. Galhotra, who leads Ford Motor Co.‘s gasoline-powered vehicle business, will join a keynote lineup of General Motors President Mark Reuss and Hyundai Motor Co. President Jose Muñoz. The event’s theme is “Investing in Innovation,”
In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric vehicle maker Nio lost $835.1 million in the second quarter, more than twice its year-ago
Ryan McGee, ESPN Senior WriterAug 30, 2023, 02:20 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
U.S. auto regulator NHTSA has sent a special order to Tesla Inc. asking questions about changes to the driver monitoring system for its Autopilot software, documents released on Tuesday showed. Federal regulators are honing in on the systems Tesla uses to ensure that drivers are paying attention while their vehicle is operating on Autopilot. In
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. Alain Jocard | Afp | Getty
A federal judge has denied Hyundai and Kia’s $200 million settlement agreement in a multidistrict class action against the automakers following a car theft frenzy that targeted certain model years, ruling that the amount is not enough for some owners. The settlement had offered different awards based on the severity of financial loss, and it
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT JB Straubel sits down with CNBC’s Phil LeBeau at Redwood Materials. Redwood Materials, the battery and e-waste recycling startup founded by former Tesla CTO JB Straubel, announced Tuesday that it has closed a $1 billion funding round to expand operations in the U.S. The company
Porsche will dial up the Cayenne lineup’s performance with its most powerful variant yet. The 2024 Cayenne Turbo E-Hybrid, available in crossover and coupe body styles, will arrive in the second quarter. The crossover will start at $148,550, while the coupe version starts at $153,050. Both prices include shipping. The midsize Cayenne is Porsche’s second-best
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