News

Associated Press Jun 8, 2023, 09:53 AM ET Ryan Hunter-Reay will return to the IndyCar Series as Conor Daly‘s replacement at Ed Carpenter Racing, the team announced Thursday. Daly was let go Wednesday in what team owner Carpenter called one of the most difficult decisions of his tenure running the organization. Carpenter cited performance issues

FLINT, Mich. — As General Motors ramps up electric vehicle production over the next several years, the automaker is working to show employees that they have a role in the EV future, its top manufacturing executive said. At the same time, the company plans to add electric vehicle capacity by repurposing existing plants, including turning

One of our best-performing stocks over the past month may come as a surprise — especially given all the market excitement around the current artificial intelligence-fueled rally, which has largely been confined to a select few mega-cap tech names. It’s Ford (F), whose stock has jumped 15% since its $12-per-share close on May 8. The

Laurence Edmondson, F1 EditorJun 8, 2023, 12:49 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Formula One has said the running of next weekend’s Canadian Grand Prix in Montreal is not at risk from the wildfires burning in Quebec. Smoke from more than 150 active wildfires has blown south from

DETROIT — Selling cars is only part of what Lindsberg Pettway does in his job as a Chevrolet salesman. A former high school principal who’s now the floor sales manager at Feldman Chevrolet of Livonia in suburban Detroit, Pettway says he brings transparency to the process. This is the basis of his presence on TikTok

In this article TSLA F GM 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 In a matter of weeks, Ford Motor, General Motors and Tesla appear to have shifted the tide on electric vehicle charging

Jun 8, 2023, 01:57 PM ET Next week’s Canadian Grand Prix in Montreal will be a bigger challenge for resurgent Mercedes than last Sunday’s Spanish Grand Prix, the team’s trackside engineering director Andrew Shovlin said on Thursday. Mercedes finished second and third at Barcelona’s Circuit de Catalunya with seven-time Formula One world champion Lewis Hamilton

Lithium ion battery company KORE Power Inc. said Friday it intends to borrow $850 million from the U.S. Department of Energy to help finance construction of a 1.3 million-square-foot advanced battery cell factory in Buckeye, Ariz. The “KOREPlex” is expected to produce 6 gigawatt-hours of battery energy per year — enough to power 28,000 electric

In this article GM TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk last visited China in 2020 for the delivery ceremony of the Model 3. His first visit in 3 years saw the Tesla CEO meet with top government officials and speak to staff at the Shanghai Gigafactory. Ding Ting | Xinhua News Agency

Associated Press Jun 8, 2023, 03:39 PM ET CHARLOTTE, N.C. — Noah Gragson will miss Sunday’s NASCAR race at Sonoma Raceway with concussion-like symptoms from a crash last weekend outside St. Louis. Legacy Motor Club said Thursday that Truck Series driver Grant Enfinger will make his Cup debut as Gragson’s replacement in the No. 42

AUSTIN, Texas — With the introduction of two of its big haulers here, Lexus is fulfilling two big needs. First, the new TX nameplate gives the luxury brand a larger crossover with comfortable third-row seating to compete with the likes of the Volvo XC90, BMW X7, Audi Q7, Lincoln Aviator and Cadillac XT6. Second, the

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT — General Motors CEO Mary Barra said a charging deal with Tesla announced Thursday will save the automaker up to $400 million of a planned investment in building out EV charging in the U.S. and Canada. GM said in October 2021 it planned to

Marshall Pruett, Racing columnistJun 8, 2023, 06:44 PM ET With the Hypercar class surging, the buzz is back at Le Mans. James Moy Photography/Getty Images LE MANS, France — Toyotas are being hunted this weekend in France, and it’s for a good reason. Thanks to an overall victory streak that has reached the gaudy heights of

STOCKHOLM — Global auto supplier Autoliv said it is speeding up cost cuts, mainly in Europe, expecting to cut 6,000 direct jobs or 11 percent of its workforce along with another 2,000 indirect jobs. The world’s biggest maker of airbags and seatbelts said in a statement on Thursday that the measures across its operations included

Hyundai Motor Co. vehicles are displayed at the company’s Motorstudio showroom in Goyang, South Korea, on Thursday, Oct. 22, 2020. Bloomberg | Bloomberg | Getty Images South Korean automakers Hyundai and Kia are being sued for causing a “public nuisance,” according to a complaint filed in Manhattan federal court. New York City is accusing the two firms of failing to

Former McLaren technical boss James Key has joined Alfa Romeo in the same role, the team announced on Wednesday. Key, who left McLaren shortly after the start of the season, will begin his new role in September, replacing Jan Monchaux. The move marks a return to the Swiss-based Sauber operation, which currently races under the

Nikola Corp. shareholders are voting in favor to approve a proposal critical to the hydrogen fuel cell truck developer’s survival, but the company still needs more votes to put its plan into action. Although 77 percent of those shareholders voting agreed to double Nikola’s outstanding shares to 1.6 billion from 800 million, the company has

Tesla CEO Elon Musk. Ludovic Marin | Afp | Getty Images Mongolia’s prime minister Luvsannamsrai Oyun-Erdene and Tesla CEO Elon Musk on Monday discussed possible expansion and investments into the Asian country over a virtual meeting. “They discussed the possibility of welcoming Tesla to Mongolia for its electric vehicles battery factory, leveraging the country’s wide

Associated Press Jun 7, 2023, 01:18 PM ET Ed Carpenter Racing on Wednesday ended its relationship with driver Conor Daly effective immediately, and it will announce a new driver for the No. 20 Chevrolet by IndyCar’s next race. Daly has been working with ECR since 2020, but did not run a full season with the

Automotive digital keys that allow drivers to start their cars via mobile phones and other devices have become common even as concern about their security has risen. Drivers can store automotive digital keys on their smartphones, smartwatches and other connected devices, allowing them to unlock and start their cars with just a tap or a

A sign reads ‘We Buy Used Cars!!’ at an auto dealership on February 15, 2023 in Glendale, California. Mario Tama | Getty Images DETROIT – Wholesale used vehicle prices reached their lowest level of the year in May, as sales fell amid high interest rates and inflated retail prices. Cox Automotive reported Wednesday a 2.7%

Associated Press Jun 4, 2023, 07:02 AM ET DETROIT — IndyCar is throwing two new wrinkles — and a lot of bumps — at its drivers in the Motor City. The Detroit Grand Prix will make its debut on a 10-turn, 1.7-mile downtown street circuit Sunday. One unique aspect that could add intrigue for fans

The Ram brand is getting a new leader. Stellantis on Tuesday said Dodge CEO Tim Kuniskis will also be Ram’s CEO starting July 1. He replaces Mike Koval Jr., who will head the Mopar North America parts unit instead. The change in leadership for Ram, which is Stellantis’ second-largest U.S. brand after Jeep, comes as

With electric vehicle adoption accelerating, so too is the need servicing public charging stations. Unlike fixing an old gas pump, some companies are using technology to both service and learn from the stations, to improve EV charging technology. More than one-quarter of public EV charging stations were found to be nonfunctioning, according to a survey

Max Verstappen strengthened his already commanding F1 title lead with dominant victory at the Spanish Grand Prix ahead of Mercedes pair Lewis Hamilton and George Russell. Verstappen’s lead was only challenged at Turn 1, when Ferrari’s Carlos Sainz got alongside him, but he cantered away into the distance after that. The reigning champion crossed the

Service managers striving to optimize fixed ops performance might want to rip a page from the playbooks at Sherwood Ford in Alberta and Shaheen Chevrolet in Michigan. In short: Get employees together to crack open a good read. Reading groups in both dealerships’ service departments have amped up efficiency, developed better leaders, empowered decision-making, boosted

The world contains vast quantities of lithium, an integral element in electric vehicle batteries. And though lithium is commonly mined from hard rock, the majority of the world’s lithium reserves are actually found in brine, extremely salty water beneath the Earth’s surface. Today, brine mining involves evaporating the brine in massive, extravagantly colored pools over

Laurence Edmondson, F1 EditorJun 4, 2023, 01:05 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 MONTMELO, Spain — After finishing second at the Spanish Grand Prix, Lewis Hamilton said he will meet with Mercedes team boss Toto Wolff on Monday in the hope of advancing his contract talks for next

Vehicle battery manufacturer Clarios is shifting some production out of a striking plant near Toledo, Ohio. More than 400 members of UAW Local 12 have been on strike at the plant since May 8. Beginning this week, the Ford and General Motors supplier is shifting some production from the Holland, Ohio, plant to a factory

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images DETROIT – General Motors plans to invest more than $1 billion in two Michigan