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Jim Cramer is cautious about Ford (F) due to the heightened risk of a United Auto Workers strike, which has been a recent overhang on the Club stock. But, Jim is encouraged by the automaker’s electric vehicle efforts and its embrace of other emerging technologies. UAW strike concerns Ford shares had seen a nice rally

Associated Press Aug 15, 2023, 04:10 PM ET Rahal Letterman Lanigan Racing parted with driver Jack Harvey on Tuesday and will put Conor Daly in its No. 30 car when the IndyCar Series resumes its season Aug. 27 at World Wide Technology Raceway near St. Louis. The team has not announced a driver for the

Mitsubishi Motors Corp. will ditch one of America’s most affordable new cars even as new-vehicle prices soar. The Japanese automaker will halt U.S. sales of the Mirage, available as a four-door hatchback and a sedan, by mid-decade and exit the sedan market altogether, sources told Automotive News. With a starting price of $17,340 including shipping,

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT TESLA logo on a charging station at on May 26, 2023 in Merklingen, Germany.  Harry Langer/ | Defodi Images | Getty Images Tesla rolled out cheaper versions of its Model S and Model X vehicles in the U.S. as competition in the electric vehicle space

WASHINGTON — President Joe Biden on Monday called for “all sides to work together to forge a fair agreement” as the UAW continued contract talks with the Detroit 3 automakers. “I’m asking all sides to work together to forge a fair agreement,” Biden said in a statement as talks continue between the UAW and Ford Motor

In this article STLA F GM Follow your favorite stocksCREATE FREE ACCOUNT Speaking in front of a backdrop of American-made vehicles and a UAW sign, President Joe Biden, then a presidential candidate, speaks about new proposals to protect U.S. jobs during a campaign stop in Warren, Michigan, Sept. 9, 2020. Leah Millis | Reuters DETROIT

Ford Motor Co. on Monday said it hired Peter Stern, a former Apple executive in charge of launching services such as Apple TV+, to lead a newly created group focused on developing software-based services across Ford’s gasoline and electric vehicle business units. Stern was named president of Ford Integrated Services, effective Monday, and will report

In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT A battery-electric Nikola Tre semitruck. Nikola is recalling all of the battery-electric Tres to repair a flaw in their battery packs that could start a fire. Five battery-electric Tres were destroyed in a fire at Nikola’s headquarters in June 2023. Courtesy: Nikola Shares of electric

The Miami Grand Prix will remain a day-time race in 2024, but the event is still open to the prospect of becoming an F1 night event in future. Miami, which hosted the second race of its 10-year race deal at the Hard Rock Stadium in May, is the second of three U.S. races on this

NEW YORK — Cadillac‘s electric Escalade was barely a day old, but Will Churchill already had more than 30 emails from clients and friends wanting to buy one. Since General Motors‘ luxury brand unveiled the 2025 Escalade IQ last week at an event here, it has generated some of the biggest response the Texas dealer

Ford Motor Co. CEO Jim Farley may have invented a new summer treat: the frunksicle. During a road trip through the American West in an F-150 Lightning last week, Farley visited Jim Burke Ford, which was throwing a carnival for the Boys & Girls Club in Bakersfield, Calif. He tweeted photos and video of himself

Associated Press Aug 11, 2023, 02:03 PM ET INDIANAPOLIS — Helio Castroneves will continue chasing a record-breaking fifth Indianapolis 500 victory with a new perspective — winning one for his team. Meyer Shank Racing announced Friday that the popular 48-year-old Brazilian will become a minority co-owner with the Ohio-based organization. He also will be the

The U.S. new-vehicle inventory rose slightly last month while staying in the same tight band it’s been in all summer, according to data from Cox Automotive and the Automotive News Research & Data Center. Cox estimated unsold inventory at 1,960,435 vehicles, or a 56-day supply, up 39 percent from the same point a year ago,

Associated Press Aug 12, 2023, 05:16 PM ET INDIANAPOLIS — The Iceman became the Ironman of IndyCar on Saturday. Capped it off with a win, too. Scott Dixon overcame a first-lap spin and then held off hard-charging Graham Rahal over the final 10 laps to win Saturday’s Indianapolis Grand Prix by 0.4779 seconds. Dixon extended

Alaska Attorney General Treg Taylor filed a lawsuit against Swickard Auto Group for “alleged violations of consumer protection laws” at dealerships the group operates in Anchorage and Palmer. The suit, stemming from three customer complaints, alleges Swickard Auto advertised cars it didn’t have and didn’t honor advertised prices and interest rates. Swickard Auto said Friday

Associated Press Aug 11, 2023, 03:43 PM ET INDIANAPOLIS — Three months after he left Indianapolis 500 qualifying in tears, Graham Rahal savored every precious moment of earning the No. 1 starting spot for the Indianapolis Grand Prix on Friday. The Ohioan ended a six-year pole drought by outdueling teammate Christian Lundgaard. Rahal completed his

Top executives at Shift Technologies Inc. said Thursday the used-vehicle retailer sought to urgently improve operations efficiencies in the second quarter and is evaluating “all avenues” to raise capital. Shift CEO Ayman Moussa, who spoke during the company’s quarterly earnings call Thursday, said he determined it was critical to change the course of the business

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2023 Cadillac Escalade V-Series Cadillac NEW YORK – General Motors on Wednesday will reveal a new all-electric version of the Cadillac Escalade, testing the luxury SUV’s prestige for a new era of drivers and the company’s strategy to turn its most lucrative vehicles into money-making

Associated Press Aug 11, 2023, 06:54 PM ET The long contractual saga surrounding IndyCar championship leader Alex Palou took another wild twist Friday when the head of McLaren Racing told his team the Spaniard has “no intention of honoring his contract” with the team next year. In a letter sent to the Arrow McLaren Racing

TOKYO — Toyota Motor Corp. faces a quandary with its venerated Land Cruiser. The long-running nameplate is big, boxy, brawny and popular. The question is how to keep the hulking SUV mean and green through the end of the decade in the age of carbon reduction. As a first step, the 2024 Land Cruiser unveiled

In this article CARS 7270.T-JP 6201.T-JP IHEB-AU 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT There are more than 275 million cars on the road in the U.S. But in recent years, car ownership has gotten more expensive than ever — due to the Covid-19 pandemic, supply chain issues, stubborn inflation and the Federal Reserve’s interest

General Motors and Ford Motor Co. were among the biggest decliners in the U.S. stock market Thursday on growing concern that demands from union leaders could send the automakers’ labor costs soaring. The UAW is calling for wage increases and other changes that the Detroit 3 estimate would add more than $80 billion in expenses for

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Tesla Motors Inc. Model X sport utility vehicle (SUV). David Paul Morris | Bloomberg | Getty Images A Tesla Model X totaled in the U.S. late last year suddenly came back online and started sending notifications to the phone of its former owner, CNBC

Ryan McGee, ESPN Senior WriterAug 10, 2023, 04:22 PM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Kyle Larson will attempt the Indy 500-Coke 600 double in May 2024. Jonathan Bachman/Getty Images Please excuse Kyle Larson if he looks a bit distracted this

Rivian Automotive Inc.’s head of software made a surprise appearance on the EV maker’s Tuesday call with analysts, promising upgrades ranging from adaptive tracking of battery range to “drone mode” operation using augmented reality. “We believe that our software capabilities are a structural differentiator that will only grow in importance as electric vehicles continue to

In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Tuesday reported a loss for the second quarter that was narrower than expected and raised its production guidance for the

CarGurus Inc.’s net income continued its double-digit percentage nose-dive in the second quarter, dropping 23 percent to $13.8 million, the company said Wednesday, nearly a week after it was initially slated to report quarterly results. The vehicle listings company said overall revenue tumbled by 53 percent to $239.7 million and digital wholesale revenue plunged 80

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2025 Cadillac Escalade IQ GM NEW YORK – Twenty-five years after the Cadillac Escalade launched General Motors into large, highly profitable luxury SUVs, the Detroit automaker is hoping a new all-electric version of the vehicle will ignite the same success for a new generation of

Ryan McGee, ESPN Senior WriterAug 9, 2023, 12:49 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

Lithia Motors Inc. last week exited North Dakota with the sale of two dealerships and separately closed a dealership it acquired just more than a month ago. The auto retail giant on Thursday sold its last two North Dakota dealerships, Lithia Ford of Grand Forks and Lithia Chrysler-Dodge-Jeep-Ram of Grand Forks, to the Nelson family,