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Chevrolet has decided not to build an entry-level 1LT trim on the new 2024 Blazer EV, pushing the starting price of the electric midsize crossover above the $45,000 mark it originally was targeting. A front-wheel-drive version of the Blazer EV 2LT, scheduled to arrive next year, will be the base model instead, Chevy said. Blazer

In this article EVGO Follow your favorite stocksCREATE FREE ACCOUNT A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California.  Justin Sullivan | Getty Images EV charging network operator EVgo on Wednesday reported second-quarter revenue that beat Wall Street’s expectations and posted a narrower-than-expected loss, as more EV drivers used its

Lithia Motors Inc. continued its summer acquisition spree with the purchase of a Honda store in Texas. The auto retail giant on Monday bought Hill Country Honda in San Antonio from Rene Isip, Lithia Vice President of Strategic Operations Tom Dobry confirmed to Automotive News in an email. It marks Lithia’s first dealership in San

In this article RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT Ferrari Original Factory Entrance Courtesy: Ferrari Ferrari on Wednesday said that its second-quarter profit jumped 33% from a year ago as more of its customers chose costly “personalization” options for their new sports cars. Ferrari also raised its guidance for the full year following the

DETROIT — The UAW plans to demand from the Detroit 3 what union President Shawn Fain called the “most audacious and ambitious” set of proposals in decades, including double-digit wage gains, restoration of pensions and better benefits for retirees. In a Facebook Live stream Tuesday evening, Fain shared with viewers what he called “the members’

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla car dealership in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images The National Highway Traffic Safety Administration has opened a new investigation into Tesla over steering control problems and loss of power steering in 2023 Model 3 sedan and Model Y

Ryan McGee, ESPN Senior WriterAug 1, 2023, 08:34 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

TOKYO — Toyota Motor Corp. nearly doubled its operating profit in the latest quarter, as the world’s biggest automaker ramped up supply on free-flowing semiconductor shipments and shifted sales into high gear in major markets, led by Japan. In the latest three-month period, from April to June, Toyota’s operating profit soared to 1.12 trillion yen

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Stocks rise on growth Stick with Meta Watch Ford earnings 1. Stocks rise on economic growth U.S. stocks climbed higher Thursday on the back of solid economic data and upbeat

California state regulators will review the data protection policies of car manufacturers as part of the state’s efforts on consumer privacy. The audit will focus on connected vehicles that tie in with drivers’ mobile phones to power popular infotainment features — like Apple Inc.’s CarPlay or Alphabet Inc.’s Android Auto. “Modern vehicles are effectively connected

Companies that make parts for internal combustion engines are facing a harsh future.  Revenues for internal combustion engines, as well as fuel and exhaust systems, are expected to decline 44% through 2027, according to the 2023 Deloitte Automotive Supplier Study. Meanwhile, revenues for electric drivetrains and batteries or fuel cells are expected to rise 245%,

Lewis Hamilton quoted from “Austin Powers: Goldmember” to poke fun at how dominant Max Verstappen is in Formula One this season. Verstappen breezed to an eighth straight race win at the Belgian Grand Prix, one away from Sebastian Vettel’s record of nine consecutive. Editor’s Picks 1 Related Asked Sunday evening if Verstappen is having it

Auto supplier Dana Inc. said net income rose strongly in the second quarter, offset somewhat by currency headwinds, customer demand volatility and supply chain disruptions. The company said in a call with investors Friday that net income climbed $22 million to $30 million in the second quarter, a strong showing but not quite a full

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Mustang on display at the NY Auto Show, April 6, 2023. Scott Mlyn | CNBC DETROIT – Ford Motor is reporting second-quarter earnings after the markets close Thursday. The Detroit automaker is expected to report solid results, but not as strong as the $1.91

As the U.S. auto industry attempts to do its part to slow the warming of the planet, there’s room for debate about how big that role needs to be. The head of the Alliance for Automotive Innovation, the industry umbrella group for many automakers and suppliers, argues that the EPA’s proposed emissions rules for the

In this article F GM Follow your favorite stocksCREATE FREE ACCOUNT Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC With unsold electric vehicles backing up on the lots of rivals’ dealers, General Motors’ electric-vehicle rollout strategy for the fall is shaping up to be a key moment

Laurence Edmondson, F1 EditorJul 30, 2023, 11:25 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 SPA-FRANCORCHAMPS, Belgium — Max Verstappen‘s march towards a third world championship continued at the Belgian Grand Prix with his 10th win of the season, his eighth in a row and a 22.3-second victory margin over

WASHINGTON — Consumers will continue have a choice between electric and combustion powertrains for the next several years, but Audi‘s global head of marketing and sales says automakers need much more “edutainment” to salve consumer apprehension about electric vehicles. Hildegard Wortmann visited the U.S. this month as part of the German premium brand co-hosting the

In this article MBG-DE Follow your favorite stocksCREATE FREE ACCOUNT A Mercedes-Benz EQA photographed in Berlin on Jan. 20, 2021. Sean Gallup | Getty Images News | Getty Images The shift to zero-emission mobility should be viewed as a marathon not a sprint, according to the CEO of Germany’s Mercedes-Benz. Speaking to “Squawk Box Europe,”

Associated Press Jul 29, 2023, 07:03 PM ET ELKHART LAKE, Wis. — Wisconsin driver Sam Mayer won on his home-state track for his first career NASCAR Xfinity Series victory, pulling ahead for good in the next-to-last lap of a wild second overtime session Saturday. Mayer won by 0.368 seconds over Parker Kligerman on the sprawling

Robust second-quarter earnings from the Detroit 3 were tempered last week by the growing realization that their pivot to electric vehicles will be slower and costlier than anticipated. Ford Motor Co., which said its quarterly net income tripled from a year earlier, delayed its EV production goals and cautioned that its EV business would lose

Westend61 | Westend61 | Getty Images Access to personal cars remains important to Americans despite the growing monthly cost of ownership.  The average monthly auto payment reached $733, a new record, in the second quarter of the year, according to a report by auto site Edmunds. Seventy-eight percent of middle-income households earning between $47,000 to

Alain Prost has launched an scathing attack on Alpine’s faltering Formula One team, labelling recently departed CEO Laurent Rossi “incompetent” and an example of the corporate influence which has taken hold of the team. On Friday, Alpine confirmed the departure of team boss Otmar Szafnauer and sporting director Alan Permane after this weekend’s Belgian Grand

ARCADIA, Calif. — If you want a traditional gasoline-powered pony car, you’ll soon be down to just one option: the 2024 Ford Mustang. Still, engineers and designers at Ford gave the seventh-generation stallion a number of unique features that they hope attract new buyers and help it stand out, even as the Chevrolet Camaro and

The Club’s 10 things to watch Friday, July 28 1. We’re watching the bond market Friday after Thursday’s spike in yields triggered a late-day reversal for equities, ending the Dow Jones Industrial Average ‘s winning streak. The yield on the U.S. 10-year Treasury was down slightly in early trading, at just under 4%. 2. The

Waymo, Alphebet Inc.’s self-driving unit, is slowing development of autonomous trucking being done by its Via subsidiary. “With our decision to focus on ride-hailing, we’ll push back the timeline on our commercial and operational efforts on trucking, as well as most of our technical development on that business unit,” the company said in a statement

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, Sept. 17, 2020. Rebecca Cook | Reuters Heads up, hybrid fans: Ford Motor is working on a whole bunch of new hybrid models. “You’re going to see

Ford Motor Co. CEO Jim Farley said Thursday the company will unveil an “all-new” F-150 pickup, as well as a new hybrid variant, this September at the Detroit auto show. Automotive News has previously reported the F-150 is due for a mid-cycle freshen this year before a next-generation model launches in 2026. The F-150 is

In this article Follow your favorite stocksCREATE FREE ACCOUNT VinFast is set to break ground on its delayed U.S. factory on Friday. Steve Russell | Toronto Star | Getty Images Vietnam’s VinFast will begin construction on its electric vehicle factory in North Carolina on Friday morning local time, the Vietnamese automaker confirmed with CNBC. “We

Ford Motor Co. on Thursday posted second-quarter net income of $1.9 billion and increased its forecast for the year but said it expects to lose $1.5 billion more on electric vehicles than previously projected. Revenue jumped 12 percent to $45 billion, and net income nearly tripled from a year earlier. Ford’s adjusted earnings before interest