In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor‘s second-quarter sales increased 9.9% from a year earlier, spurred by significant
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SILVERSTONE, England — Red Bull boss Christian Horner has backed Sergio Perez to rekindle his form and has said the Mexican driver only needs a clean weekend to return to his best. Perez battled back from 16th on the grid to finish sixth at the British Grand Prix on a weekend when team mate Max
Six months into 2023, the supply shortages that have handcuffed sales for several years were fading, and volume was up year over year in nearly every vehicle segment. General Motors outsold Toyota at the halfway point for a second consecutive year, and Ford was on pace to be the top brand for the first time
In this article VWAGY Follow your favorite stocksCREATE FREE ACCOUNT Volkswagen Group of America (VWGoA) starting its first autonomous vehicle test program in Austin beginning in July 2023. Courtesy: Vokswagen AG Volkswagen said Thursday that it will begin testing self-driving electric vehicles in Austin, Texas, later this month. The German auto giant said it will
Laurence Edmondson, F1 EditorJul 9, 2023, 07:25 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 McLaren says any inspiration it has taken from Red Bull’s Formula One car to shape its latest upgrade package only tells part of the story about its step forward in performance at the last two
With all the attention ChatGPT has generated since its explosive debut last fall, Jason Bickford felt intrigued enough to experiment with it at work. Bickford, vice president of sales and operations at Bickford Ford, in Snohomish, Wash., was curious about what he could accomplish with the artificial intelligence-driven conversational chatbot. It turned out to be
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola TRE FCEV2 Courtesy: Nikola Electric heavy-truck maker Nikola will find out later Thursday whether its shareholders have approved its plan to raise money by selling more stock. Nikola hopes to raise more capital to help ramp up production of its new fuel-cell-powered electric heavy
SILVERSTONE, U.K. — Brad Pitt was a surprise guest in Formula One’s usual drivers briefing on Friday, which Lewis Hamilton joked was the best he’s ever attended. Pitt’s currently untitled F1 movie started filming at Silverstone this week ahead of the British Grand Prix, with the production having its own garage and pitwall stand as
WASHINGTON – The United Auto Workers union on Friday called on the Biden administration to soften its proposed vehicle emissions cuts that would require 67 percent of new vehicles to be electric by 2032. The UAW, which represents workers at General Motors, Ford Motor and Chrysler parent StellantisI, said the Environmental Protection Agency’s proposed standards
Resilient quarterly auto sales from Club name Ford Motor (F) on Thursday bolstered our confidence in the company’s transformation strategy to support its electric vehicle future. Ford reported total U.S. auto sales of 531,662 during the second quarter, a 9.9% year-over-year increase, a second straight quarterly advance. Those gains were driven by a 34% increase
In a memo to U.S. retailers obtained by Automotive News, McLaren said deliveries of its plug-in hybrid, the Artura, are delayed on average about four months as the British automaker institutes “enhanced testing procedures” to improve quality. McLaren said the measures provide “additional checks and testing in our quality control procedure.” Spokesman Roger Ormisher confirmed
In this article F TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y is seen on a Tesla car lot on May 31, 2023 in Austin, Texas. Tesla’s Model Y has become the world’s best selling car in the first quarter of 2023. Brandon Bell | Getty Images DETROIT – Legacy automakers
Laurence Edmondson, F1 EditorJul 7, 2023, 01:14 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Lewis Hamilton believes something was wrong with his car over a single lap during Friday practice for this weekend’s British Grand Prix, but is confident his team will find a solution in time for qualifying.
A federal judge said Rivian Automotive must face a lawsuit claiming it defrauded shareholders during and after its blockbuster 2021 initial public offering by concealing that had underpriced its EVs, leading to unpopular price hikes. U.S. District Judge Josephine Staton in Los Angeles said shareholders could try to prove that Rivian, which is not profitable,
Ford Fiestas pictured at a facility in Cologne, Germany, on Feb. 14, 2023. Alex Kraus | Bloomberg | Getty Images The last Ford Fiesta is set to roll off the production line Friday, marking the end of an era that saw the vehicle become a mainstay of millions of drivers around the world. The Fiesta
Laurence Edmondson, F1 EditorJul 7, 2023, 06:03 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 SILVERSTONE, England — George Russell has said suspects Max Verstappen’s criticism of Formula One’s expanding race calendar is simply a negotiating tactic to earn more money on his next contract. Two-time champion Verstappen, who leads
For suppliers with diverse ownership, there are bridges to success in the auto industry just waiting to be crossed. General Motors, Ford Motor Co. and Stellantis are among automakers that have helped diverse suppliers along on their journeys as they work to develop a rich ecosystem of service providers that can be partners for years
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola TRE FCEV2 Courtesy: Nikola Electric truck maker Nikola is still short of winning shareholder approval to issue new stock and has once again adjourned its annual meeting to try to win more support, the company said on Thursday. Nikola had adjourned its June 6
Hazel Southwell Jul 6, 2023, 10:05 AM ET The all-electric off-road Extreme E series has support from some of the biggest names in F1 and is growing in mainstream popularity. Colin McMaster You have to get the fundamentals right before you start worrying about the details. It’s a truism that holds whether you’re building a house
Nissan Motor Co.’s Canton, Miss., factory has stamped out more than 5 million gasoline-powered trucks, crossovers and vans since the first vehicle — a Quest minivan — rolled off the assembly line in spring 2003. Two decades later, the Japanese automaker is transforming the 4.7 million-square-foot industrial operation for the electric age. Canton’s metamorphosis rests
Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Chesnot | Getty Images Tesla must send extensive new records to the National Highway Traffic and Safety Administration
Jul 6, 2023, 07:36 AM ET Formula One has its pitstops and pitlane and this weekend’s British Grand Prix will also have Brad Pitt getting in on the action. The 59-year-old Hollywood actor’s as-yet untitled Formula One movie starts filming at Silverstone against the race backdrop, with the production having its own garage and pitwall
Construction of a $3.7-billion electric-vehicle battery plant jointly owned by Stellantis and LG Energy Solution has resumed, the automaker said July 5 NextStar Energy, the name of the joint venture in Windsor, Ont., signed a binding agreement with the federal government ensuring the production of battery cells and modules at the facility. The agreement includes
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2024 Chevrolet Silverado HD ZR2 GM DETROIT – General Motors’ U.S. vehicle sales increased by 18.8% in the second quarter compared to subdued results a year ago when the automaker was battling supply chain issues. The Detroit automaker reported sales Wednesday of 691,978 new vehicles
Mick Schumacher has completed a private test for McLaren at Portuguese circuit Portimao as part of his role as Mercedes’ reserve driver. Schumacher, son of seven-time world champion Michael, joined Mercedes this year after being released by Haas at the end of 2022. Mercedes shares its test and reserve drivers with McLaren, which races with
Mercedes-Benz said its upcoming midsize coupe will be the largest in the segment. The 2024 Mercedes-Benz CLE Coupe will arrive in the U.S. early next year. A fabric-top convertible variant will follow in the first half of 2024. At a meeting last spring, Mercedes told dealers that the two-door model would replace the C-Class and
Jul 5, 2023, 08:02 AM ET Formula One teams will test a bolt-on wheel cover aimed at reducing spray in wet conditions next week. Mercedes and McLaren will test the device at Silverstone on Thursday next week after the tyre tests which follow Sunday’s British Grand Prix. F1 cars currently throw out a huge amount
Dealership management system provider CDK Global has acquired full ownership of Computerized Vehicle Registration, a provider of certified electronic vehicle registrations. Based in Petaluma, Calif., CVR had been backed by CDK and competitor Reynolds and Reynolds, according to CVR’s website. The company will operate as a CDK business, but CVR products will continue to integrate
In this article TSLA 9868-HK Follow your favorite stocksCREATE FREE ACCOUNT A XPeng Inc. G6 electric sport utility vehicle (SUV). The company is hoping the release of the new car will boost sales which plunged in the first quarter. Qilai Shen | Bloomberg | Getty Images Shares of Xpeng surged in pre-market trade in the
EV startup Rivian Automotive, which has struggled with manufacturing issues since its 2021 launch, delivered 12,640 vehicles in the second quarter, beating analyst estimates and sending its stock price higher. Rivian produced 13,992 vehicles in the April to June period, including its R1T pickup truck, R1S crossover and EDV delivery vans for Amazon, the company
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