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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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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
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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
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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
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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
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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
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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
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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
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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
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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
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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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