In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Pallets of depleted lithium-ion batteries at JB Straubel’s Redwood Materials are ready for recycling. Source: CNBC Redwood Materials, the battery-recycling startup founded by Tesla board member JB Straubel, recently nabbed Tesla’s vice president of powertrain engineering, Colin Campbell, to serve as chief technology officer. Based
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Ryan McGee, ESPN Senior WriterAug 22, 2023, 09:37 AM 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
Fast-growing Anderson Automotive Group completed its second multi-dealership acquisition in South Carolina this year with a seven-store purchase Monday. Anderson Automotive, of Raleigh, N.C., bought Toyota of Greer, Hyundai of Greer, Genesis of Greer, Nissan of Greer, Kia of Greer, Kia of Greenville and Mike Hovart Chevrolet in Easley, from Mark Escude, president of MCE
A 1962 Ferrari 250 GT SWB Coupe sold at auction at the 2023 Monterey Car Week. Credit: Gooding & Company A $30 million Ferrari led the parade of trophy cars sold during Monterey Car Week last week, although the classic-car market showed further signs of slowing. Total sales for the more than 1,200 cars sold
The Acura Integra Type S is a souped-up, 320-hp sport sedan that has moved into the brand’s halo position this year. Intended to be a specialty vehicle, the Integra Type S targets the driver more interested in extreme performance. It comes with a standard 6-speed manual transmission and a 2.0-liter engine recalibrated to deliver 320
In this article STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT UAW Vice President Rich Boyer addresses union members during a “Solidarity Sunday” rally on Aug. 20, 2023 in Warren, Mich. Michael Wayland / CNBC WARREN, Mich. – Automaker Stellantis has threatened to move production of the current Ram 1500 pickup truck from a factory in
Hyundai Motor Group is laying down deeper roots in the U.S. The automaker’s Hyundai, Genesis and Kia brands are localizing their planned electric vehicle production while they continue to battle for market share with their roster of crossovers. The group has committed $5.5 billion to build an EV and battery plant outside Savannah, Ga., called
In this article 9868-HK Follow your favorite stocksCREATE FREE ACCOUNT A XPeng Inc. G6 electric sport utility vehicle (SUV). Qilai Shen | Bloomberg | Getty Images Xpeng expects cost cuts and its Volkswagen partnership to narrow the firm’s losses, the Chinese EV maker told CNBC in an exclusive interview on Monday. On Friday, the firm
Associated Press Aug 20, 2023, 06:39 PM ET William Byron had the field covered at Watkins Glen International, delivering such a dominant performance that no other NASCAR driver even got to his bumper in the final third of the race. It was unusual for the Cup Series and even more rare for Byron at a
By mid-2024, General Motors plans to have several new electric vehicle nameplates in production, from the Chevrolet Equinox that was designed with affordability in mind to the Cadillac Escalade IQ costing four times as much. That’s also when the automaker expects to have built 400,000 EVs, on the way to reaching capacity for 1 million
In this article XPEV 9868-HK Follow your favorite stocksCREATE FREE ACCOUNT A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou, Guangdong Province of China. VCG | Visual China Group | Getty Images Shares of Xpeng were
Seven years ago, Del Grande Dealer Group was as far away from digitized as possible. Daily sales numbers, old automaker statements, payroll, inventory reporting and pricing mechanisms for new and used cars were mostly compiled by hand, recalled CEO Jeremy Beaver. “We felt like there were a lot of inefficiencies in data integration,” Beaver told
In this article OUST LAZR INVZ OUST LAZR INVZ Follow your favorite stocksCREATE FREE ACCOUNT A lidar sensor from Hesai company on top of a vehicle in Shenzhen, China on Jul. 10 2022. Jade Gao | AFP | Getty Images For investors in lidar startups, this has been a long time coming. After years of
Associated Press Aug 19, 2023, 07:34 PM ET Sam Mayer spun race leader and archrival Ty Gibbs following a late restart in the Xfinity Series race at Watkins Glen International on Saturday and went on to win for the second time in four weeks. Gibbs, a Cup Series regular and a rising star at Joe
General Motors plans to eliminate about 200 engineering positions, though the employees in those roles will be able to move to other jobs. In a statement, a GM spokesperson said the automaker “is taking steps to rebalance our engineering resources to better align with our growth strategy. This will require a small number of engineers
Cavan Images | Getty Images As electric vehicles proliferate, some gas stations are making expensive overhauls to add EV charging stations. In most cases, they aren’t scrapping traditional liquid fuel pumps. But select locations, including an RS Automotive in Takoma Park, Md., and a Shell station in Fulham, England, have made a full switch. Location,
Breakthrough technologies and innovations routinely pop into the middle of the bustling auto industry. And sometimes the rest of the industry largely ignores the development — or worse, an idea will make it to market only to have new-car shoppers give it the cold shoulder. But other times, a fuse is lit. Competitors realize the
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 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 A Cruise self-driving car was involved in an accident with a San Francisco Fire Department truck just one week after California
A dozen current and former dealership employees at Nissan of Shelby face more than 400 criminal charges following a monthslong investigation by the North Carolina Division of Motor Vehicles License and Theft Bureau. The misdemeanor charges primarily involve alleged rebuilt salvage vehicles that were offered for sale at the dealership and the documentation used to
In this article GM F STLAM-IT 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 – The Oracle of Omaha is cutting exposure to the U.S. automotive industry amid union negotiations — potentially for good
Ford Motor Co. is putting a $300,000, 800-hp halo atop its Mustang lineup that’s taking aim at European supercars both on the track and in the streets. The 2025 Mustang GTD, revealed Thursday evening, is billed as the most powerful street-legal pony car ever and is based on the Mustang GT3 race car that will
Consider the simple roundabout — a traffic circle well known in Europe but less familiar across most of America. Proponents say roundabouts can dramatically reduce crashes, injuries and deaths, can improve traffic and even save a city a fair bit of money. But they have only recently caught on in the U.S., and not without
Connie Llanos sees the potential of the self-driving future and the peril of its present state. The interim general manager of the Los Angeles Department of Transportation believes robotaxis can improve safety on the city’s streets and provide independence for disabled and elderly citizens — someday. Now, she looks at ongoing problems with driverless deployments
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 with Sen. Bernie Sanders, of Vermont, far left, Sept. 25, 2019. Michael Wayland | CNBC DETROIT – If the United Auto Workers union decides to strike against Detroit’s
Ryan McGee, ESPN Senior WriterAug 17, 2023, 09:09 AM 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
Advanced Driver Assistance Systems could prevent nearly 250,000 U.S. road deaths over the next 30 years, according to a study funded by the AAA Foundation for Traffic Safety. Research performed by the University of North Carolina Highway Safety Research Center found that the technology, which includes features such as automatic emergency braking and blind spot
In this article GM GM Follow your favorite stocksCREATE FREE ACCOUNT Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Future low-cost GM EVs could benefit from the batteries being developed by Mitra Chem. Joe White
PONTIAC, Mich. — The last generation of Dodge’s muscle cars roared as professional drivers whipped passengers around during wild drifts at an annual gathering here dedicated to gearhead culture. Nearby, Dodge’s speedsters and the powerful Ram 1500 TRX pickup gave the public a taste of drag racing with intense launches during thrill rides. Real drag
In this article TSLA XPEV NIO LI Follow your favorite stocksCREATE FREE ACCOUNT Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla on Wednesday slashed the price of the existing
The Insurance Institute for Highway Safety said three models performed poorly in a new rear-seat safety test of seven 2023 midsize vehicles. The 2023 Kia K5, 2023 Volkswagen Jetta and 2023 Hyundai Sonata all received a “poor” rating in the new moderate overlap front crash test, the IIHS announced Wednesday. In the test, the IIHS
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