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A BYD ATTO 3 is displayed during the British Motor Show at Farnborough International Exhibition Centre on August 17, 2023 in Farnborough, England. John Keeble | Getty Images News | Getty Images Shares of Chinese automaker BYD listed in China jump more than 5% Tuesday, a day after posting a stellar jump in first half

Stellantis has added Charge Enterprises to its roster of partner companies helping its more than 2,600 U.S. dealerships prepare to sell electric vehicles. Charge Enterprises, whose president is former General Motors and Ford executive Mark LaNeve, is the automaker’s fourth recommended partner for dealer EV readiness in the U.S., Stellantis said Monday. It joins Future

Hero Images | Getty Images It’s getting harder to find new, cheap cars, according to auto experts. Consider this: In July, just one car model — the Mitsubishi Mirage — had an average new-vehicle transaction price below $20,000, according to Kelley Blue Book data. By comparison, there were a dozen vehicles that met that pricing

The ordinary orange construction cone has become a symbol of resistance in an insurgency against self-driving vehicles. Members of a group called Safe Street Rebel started placing construction cones atop the hoods of robotaxis last month in San Francisco. The action renders the cars unable to continue driving until a human removes the cones or

Didi launched a free robotaxi service in parts of Shanghai in 2020. Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car company Xpeng said Monday it is buying Didi’s smart electric car development business in an exchange of shares worth $744 million. The Chinese ride-hailing company will become a strategic shareholder

Associated Press Aug 27, 2023, 06:37 PM ET MADISON, Ill. — IndyCar ironman Scott Dixon capitalized on needing to make only three pit stops and kept his championship hopes alive in winning Sunday’s Bommarito 500. The victory was the 55th of Dixon’s career and it came in his record-extending 320th consecutive start. He set the

DETROIT — Hybrid gasoline-electric vehicles may not be dying as fast as some predicted in the auto sector’s rush to develop all-electric models. Ford Motor Co. is the latest of several top automakers, including Toyota Motor Corp. and Chrysler parent Stellantis, planning to build and sell hundreds of thousands of hybrid vehicles in the U.S. over

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 From writers’ rooms to car factories, workers are pressing companies for higher pay and better quality of life. Many are willing to walk off the job to get there,

Associated Press Aug 27, 2023, 10:15 AM ET DAYTONA BEACH, Fla. — NASCAR driver Ryan Preece is “awake, alert and mobile” after his car rolled about a dozen times during a terrifying crash at Daytona International Speedway. Stewart-Haas Racing said Sunday morning that Preece “has been communicating with family and friends.” He was hospitalized overnight.

Self-driving technology holds potential to bring safety and equity benefits to transportation. But a rollout that considers all stakeholders is critical to that long-term success. This month, the California Public Utilities Commission approved substantial expansions of self-driving technology companies Cruise and Waymo’s commercial services throughout San Francisco — despite objections from the city’s Municipal Transportation

In this article VOW3-DE Follow your favorite stocksCREATE FREE ACCOUNT The Volkswagen Type 2 bus, known for its split windows, rear engine and distinctive colors, is making a comeback. In 2024, Volkswagen will deliver its electric ID Buzz line to North America. Volkswagen Type 2 bus lined up next to the ID. Buzz CNBC |

Troy Duhon and his bustling Premier Automotive Group, along with partners, acquired three new dealerships and expanded into a new state in second- and third-quarter transactions, Premier Automotive CMO Gia Katzenmeyer confirmed to Automotive News. Duhon, with partners Vincent Castro and Jorge Clue, on June 5 purchased the former Hyundai of Moreno Valley, east of

I Love Images | Cultura | Getty Images Rising interest rates are pushing auto loan rates upwards for both new and used cars across the U.S.  The average annual percentage rate for new cars rose 7.1%, in the second quarter of the year, according to car website Edmunds, while that for used cars ticked up

According to a dealer-focused webinar poll cited by AutoSuccess, 36 percent of respondents said they’re just getting started with their Safeguards Rule compliance plans, and only 25 percent were close to done. If you’re not yet compliant, you’re not alone. That said, the Federal Trade Commission can enforce steep fines of up to $100,000 per

In this article STLA STLAM-IT F GM Follow your favorite stocksCREATE FREE ACCOUNT Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – United Auto Workers members overwhelmingly granted union leaders authorization

Associated Press Aug 25, 2023, 08:10 PM ET MADISON, Ill. — Alex Palou confirmed Friday he’s being sued by McLaren — the second team to sue him in a year — but the IndyCar points leader is focused on his bid to win a second championship in three years. The Spaniard confirmed an Indianapolis Star

Nissan North America is suing a terminated Gallup, N.M., dealership for its continued unauthorized use of the manufacturer’s trademarks, service marks and signage. The trademark infringement, breach of contract and unfair trade practices suit alleges Ed Corley Nissan refused to provide access to the premises to remove signs, and the ex-dealership “purchased used Nissan vehicles

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A multi-year investigation into the safety of Tesla’s driver assistance systems by the National Highway Traffic Safety Administration, or NHTSA, is drawing near a close. Reuters’ David Shepardson first reported on the latest developments Thursday, citing NHTSA acting administrator Ann Carlson. CNBC confirmed the report

Mercedes-Benz’s entry-level electric crossover receives an update that delivers design tweaks and technology upgrades. The 2024 EQB will arrive at U.S. stores in the first half of 2024. Pricing was not disclosed. With a newly designed black panel surface with its star pattern at the front, the EQB visually catches up with its electric model

Nvidia automotive segment primarily sells chip systems for assisted driving. CEO Jensen Huang has touted it as the company’s “next billion-dollar business.” Alex Wong | Getty Images News | Getty Images BEIJING — U.S. chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive — as Chinese demand for

WASHINGTON — Tesla Inc. and Rivian Automotive Inc. have endorsed an agreement backed by major automakers and independent repair shops on automotive right to repair that would include necessary telematics data. In separate letters sent to executives at the Alliance for Automotive Innovation, Automotive Service Association and Society of Collision Repair Specialists, the two EV

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Tesla Cybertruck during a tour of the Elkhorn Battery energy storage system in Moss Landing, California, June 6, 2022. Nik Coury | Bloomberg | Getty Images Tesla CEO Elon Musk has been promoting the company’s long-delayed, sci-fi inspired Cybertruck on social media this week.

After years of public and private maneuvering, Illinois finally is close to reeling in a big electric vehicle battery manufacturer. A crucial step came Tuesday when, according to local officials, the Kankakee County Board approved a property tax abatement needed to lure a battery maker to a 160-acre site in Manteno, a village about 50

In this article RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT Despite a waiting list of three years for some of its cars, Ferrari’s CEO said the company has no plans to supercharge production to meet demand. “We are a brand that is not looking for volume,” Ferrari CEO Benedetto Vigna told CNBC in an exclusive

Operations have been restored at Ultium Cells LLC’s battery plant in Warren, Ohio, after a chemical leak temporarily halted activity in the cathode mixing area, the company confirmed Wednesday. An Ultium spokesperson did not provide details on when cathode mixing operations resumed or whether an internal investigation of the leak is still underway. The company

A 2024 Chevrolet Silverado EV RST all-electric pickup truck on display at the International Auto Show at the Jacob Javits Convention Center in New York on April 13, 2022. China News Service | China News Service | Getty Images Car shoppers are paying more than ever to finance new vehicles — and pickup trucks are

ESPN News Services Aug 23, 2023, 10:58 AM ET Former Indianapolis 500 winner Marcus Ericsson is leaving Chip Ganassi Racing to join Andretti Autosport in 2024, the team announced Wednesday. Ericsson, who won four races over four seasons with CGR, including the 2022 Indy 500, will join an Andretti lineup with returning drivers Colton Herta

Kia America‘s Rio subcompact car will not return for the 2024 model year, the company confirmed. It follows the demise of its small Hyundai counterpart, the Accent, discontinued after the 2022 model year. Though Kia said it will remain in the sedan business, Americans are leaning toward larger, higher-riding crossovers. Light trucks, a category that

Malaysia has set its sights on a larger part of the electric vehicle supply chain business as competition in Southeast Asia heats up, following Tesla‘s announcement of a regional headquarters in Malaysia. “EV happens to be our priority,” Malaysia’s Prime Minister Anwar Ibrahim told CNBC’s Martin Soong in an exclusive interview Friday at the prime minister’s offices

A subsidiary of French automotive supplier Compagnie Plastic Omnium plans to invest up to $171 million at a pair of sites in Michigan to support a large award from an automaker. The company is looking into a site in near Flint, Mich., for a 200,000-square-foot plant to produce hydrogen storage systems, according to a briefing