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TOKYO – Nissan Motor Co. is bracing for more management upheaval with the departure of COO Ashwani Gupta, the executive who spearheaded the company’s revitalization plan but was sometimes at odds with the carmaker’s CEO, its board and its alliance partner Renault. Gupta, once tipped as a future chief executive of Japan’s No.3 automaker, will

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk. Ludovic Marin | Afp | Getty Images Elon Musk met with Italy’s Prime Minster Giorgia Meloni on Thursday and discussed the risks of artificial intelligence and birth rates, among other topics, the Italian leader tweeted Thursday. The Tesla CEO landed in

MONTREAL — Max Verstappen said he has no interest in Red Bull completing an unbeaten season if he wins his third championship this year. No F1 team has won every race in a calendar season but the dominant nature of Red Bull’s seven victories this year has led to speculation they can be the first.

Josh Nassar, the legislative director for the UAW who led the union’s lobbying efforts in Washington for more than a decade, has been fired as President Shawn Fain continues to build out his international staff. A handful of employees were notified this week that they had been terminated, two sources told Automotive News. They include

In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Akio Toyoda, Chairman of Toyota Motor Corp. Yoshikazu Tsuno | Gamma-rapho | Getty Images DETROIT – Toyota Motor’s stock is having its best week since 2009 following the company disclosing plans for its next-generation electric vehicles and shareholders voting in favor of its new leadership, including

Austin Lindberg, Senior EditorJun 15, 2023, 09:39 AM ET Butt patches are one of the last remaining forms of identification and self expression in MotoGP. Alpinestars From American football to the football that the rest of the world plays, and practically every sport in between, fans have learned that the best way to identify their favorite

TrueCar Inc. is laying off a nearly a quarter of its work force and appointed COO Jantoon Reigersman as its new CEO to help the struggling vehicle listings company amid a restructuring. The Santa Monica, Calif., company said Wednesday that it will cut 102 positions, or 24 percent of its work force. Reigersman, 41, replaces

In this article 9868-HK XPEV Follow your favorite stocksCREATE FREE ACCOUNT Pictured here is a six-lane road in a congested area of Beijing near Sanyuanqiao on April 15, 2023. Picture Alliance | Picture Alliance | Getty Images BEIJING — Chinese electric car brand Xpeng announced Thursday it received approval to start rolling out assisted driving

Laurence Edmondson, F1 EditorJun 14, 2023, 01:31 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Sebastian Vettel will drive the famous Nurburgring Nordschleife circuit in a Formula One car later this year when he is reunited with his championship-winning Red Bull RB7. The four-time world champion retired at the end

Toyota Motor Corp. shares jumped this week after the world’s largest automaker outlined an ambitious plan for a new generation of electric vehicles that could challenge Tesla and BYD’s dominance. The new strategy is the output of a year-long review during which senior executives came to grips with the fact that Tesla, not Toyota, is

In this article SHEL-GB Follow your favorite stocksCREATE FREE ACCOUNT In this aerial view, cars line up to refuel before the price rises at a Shell station on June 14, 2022 in Wuhan, Hubei province, China. Getty Images | Getty Images News | Getty Images British energy giant Shell is boosting its oil and gas production to

Jun 14, 2023, 07:10 AM ET Aston Martin team owner Lawrence Stroll said he hopes to see both his son Lance and Fernando Alonso on the podium at his home Canadian Grand Prix in Montreal this weekend, despite Red Bull’s dominance. Red Bull have won all seven Formula One races so far this season, with

DETROIT/AUSTIN, Texas – Automaker Stellantis said on Tuesday that it continues to evaluate Tesla‘s charging standard after Ford Motor Co and General Motors said they were adopting it. “At this time, we continue to evaluate the NACS standard and look forward to discussing more in the future,” Stellantis said in a statement to Reuters, referring

People arrive to attend an annual shareholders’ meeting for Toyota Motor in the city of Toyota, Aichi Prefecture on June 14, 2023. Toyota is under pressure from large institutional investors for chairman Akio Toyoda to step down over his lukewarm embrace of electric vehicles. Str | Afp | Getty Images Toyota shares hit a 16-month

Retail auto giant AutoNation Inc. purchased the final five dealerships from another familiar name near San Diego on June 5: Bob Baker Auto Group. AutoNation acquired Chrysler-Dodge-Jeep-Ram-Fiat, Subaru, Hyundai-Genesis, Volkswagen and Mazda stores in Carlsbad, Calif., Bob Baker Auto CEO Chris Baker said. AutoNation representatives did not return requests for comment. Baker told Automotive News

In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT A display of Toyota electrified vehicles at the 2022 New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Shares of Japanese automaker Toyota spiked 5% Tuesday after the company announced it will introduce a full lineup of battery electric vehicles with “next generation”

Jun 13, 2023, 06:59 AM ET The auction of trophies that would have been awarded at this year’s cancelled Emilia Romagna Grand Prix have raised £247,171 ($310,666) for flood relief in the region. The race at Imola was called off last month after flooding in the Emilia Romagna region claimed 14 lives and displaced more

Polestar’s electric fastback, the Polestar 2, delivers more power, range and content for the new model year — along with a higher sticker price. The 2024 model arrives in August. The updated Polestar 2, like its XC40 and C40 siblings from major shareholder Volvo, receives a new-generation permanent magnet electric motor and new silicon carbide

In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Nio co-founder William Li poses inside a Nio EC7 at the Shanghai auto show on April 19, 2023. Hector Retamal | Afp | Getty Images BEIJING — Chinese electric car brand Nio said Monday it is cutting prices for its cars by the equivalent of

Lithia Motors Inc. said it added Virginia’s Priority Auto Group, one of the largest dealership groups in the country, according to posts on the auto retailer’s social media pages Monday. The acquisition is the auto retail giant’s first U.S. dealership acquisition of 2023. The transaction announced on the company’s LinkedIn and Facebook pages early Monday

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.  John Gress | Reuters DETROIT – General Motors announced plans Monday to invest $632 million for production of its next-generation full-size pickup

Laurence Edmondson, F1 EditorJun 12, 2023, 08:29 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Mercedes team boss Toto Wolff says he regrets not signing Max Verstappen when he had the chance but doubts a driver combination of Verstappen and Lewis Hamilton would have worked. Before Verstappen was announced as

MEDFORD, Ore. — Dealership acquisitions, already a hallmark of Lithia Motors Inc.‘s long-term growth strategy as it became the country’s largest seller of new vehicles, will play an even bigger role in an update to its audacious plan to reach $50 billion in annual revenue by the end of 2025. CEO Bryan DeBoer said Lithia’s

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT An employee uses a flash grinder to smooth out the metal frame of a sports utility vehicle (SUV) on the production line at the General Motors Co. (GM) assembly plant in Arlington, Texas. Matthew Busch | Bloomberg | Getty Images DETROIT – General Motors plans

Associated Press Jun 11, 2023, 10:43 AM ET LE MANS, France — Ferrari ended a 50-year absence from the 24 Hours of Le Mans by toppling mighty Toyota on Sunday in the centenary running of the most iconic sports car race in the world. Ferrari last competed at Le Mans in 1973 but returned to

The former site of Buick City, a long-vacant property in Flint, Mich., that was once the world’s largest auto plant complex, is getting new life. Officials held a ceremonial groundbreaking last week at the 400-acre site, which had nearly 30,000 General Motors workers at its peak in the 1950s. Factories there churned out nearly 16

In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois. Armando L. Sanchez | Tribune News Service | Getty Images Shares of online used-car retailer Carvana surged Thursday after the company said its second-quarter results would likely come in ahead of

Red Bull chief engineer Paul Monaghan said the team were annoyed by the pictures which circulated of its car floor design, but they do not think “ignorant copies” will make any of their rivals go faster. The underside of the dominant RB19 was photographed after Sergio Perez crashed out of qualifying and his car was

DETROIT — How can an electric vehicle owner charge at home without a garage? Can an EV go through a car wash? General Motors said it has heard these questions from consumers interested in learning more about electric vehicles. And it’s taking a virtual approach — supported by humans — to provide answers and overcome

In this article TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT TESLA logo on a charging station on May 26, 2023. Harry Langer | Defodi Images | Getty Images DETROIT — General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader’s North American charging network and technologies.