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The Biden administration has dropped, for now, a plan that would have awarded automakers such as Tesla Inc. credits for using renewable natural gas to power EVs. That proposal was excluded from drafted regulation setting biofuel-blending quotas for the next three years that is undergoing final review at the White House, according to people familiar

In this article STLA GM F 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT 2024 Toyota Tacoma Trailhunter Toyota DETROIT — Size matters. Just ask America’s largest automakers. Ford, General Motors and Toyota are among those increasingly looking to capitalize on the growing midsize pickup truck segment: vehicles big enough to command high price tags but

Associated Press May 19, 2023, 04:14 PM ET INDIANAPOLIS — Few drivers have experienced a bigger boost from winning the Indianapolis 500 than Marcus Ericsson, who has turned last year’s victory into a life-changing event. Not only did it resurrect the Swedish driver’s career, which had stalled after five seasons in Formula One, it also

Tesla Inc. is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters’ review of its website, even as the electric carmaker has raised U.S. prices on most newly ordered cars this month. Facing economic headwinds and mounting competition, Tesla

Bentley Continental GTC Speed in Kingfisher Adam Jeffery | CNBC The V-12 engine is dead. Long live the V-12. In the coming years, supercar companies like Lamborghini, Bentley and Rolls-Royce have all announced phase-outs of their V-12 engines as they roll into the age of hybrid and electric vehicles. In the meantime, they’re launching 12-cylinder

Associated Press May 19, 2023, 07:08 PM ET INDIANAPOLIS — Two-time Indy 500 champion Takuma Sato turned the fastest lap at Indianapolis Motor Speedway in 27 years on Friday, and defending winner Marcus Ericsson was close behind him, making Chip Ganassi Racing the team to beat heading into qualifying weekend for “The Greatest Spectacle in

Workers at a Webasto Roof Systems plant in suburban Detroit voted 99 to 79 to join the UAW Thursday. The plant produces convertible tops for the Ford Mustang, Ford Bronco, Jeep and Chevrolet Corvette. Pay and schedule changes motivated workers to organize, employees said in a statement. The organizing drive began in November 2022. Webasto

Adrian Hallmark, CEO, Bentley Scott Mlyn | CNBC After a record-breaking year in 2022, Bentley Motors reported surging profits in the first quarter thanks in large part to car customization, CEO Adrian Hallmark said. Bentley reported its best-ever first quarter, with operating profits up 27% to 216 million euros, or about $232 million. Even more

Associated Press May 18, 2023, 09:53 AM ET INDIANAPOLIS — Stephanie Beatriz, who starred as Detective Rosa Diaz on the TV show “Brooklyn Nine-Nine” and voiced Madrigal on the Academy Award-winning film “Encanto,” will serve as the grand marshal for the Indianapolis 500 later this month. The track announced Tuesday the award-winning actress, who will

WAIMEA, Hawaii — With the possible exception of the RAV4 compact crossover, no nameplate in Toyota‘s U.S. lineup is more important to the brand than the Tacoma midsize pickup — not just because of its sales, but also the way it continues to dominate the competition, albeit with less of a stranglehold than before. With

In this article TM Follow your favorite stocksCREATE FREE ACCOUNT 2024 Toyota Tacoma Trailhunter Toyota Toyota Motor is counting on the fourth generation of its Tacoma truck, including a new “Trailhunter” model, to help maintain its leadership in the growing U.S. midsize pickup market. The Tacoma has led the midsize pickup segment in sales for

Imola’s F1 race will not take place this weekend due to the extreme weather and flooding that hit the Emilia Romagna region in recent weeks. Imola, one of two F1 races in Italy on this year’s schedule, is located in the middle of a area of national emergency. Local officials have confirmed the flooding has

TuSimple Holdings Inc TSP.O said on Thursday it will cut 30% of its workforce in the United States under a restructuring as the autonomous driving technology company looks to preserve its balance sheet amid a funding crunch in the sector. The shares of the company fell more than 8% in premarket trading. The San Diego-based

Generic stock pictures of the Astra assembly line at Vauxhall’s plant in Ellesmere Port, Cheshire. Picture date: Tuesday July 6, 2021. Peter Byrne – Pa Images | Pa Images | Getty Images LONDON — Executives from Stellantis, the automaking giant behind brands including Peugeot, Chrysler and Citroën, are meeting with U.K. ministers Wednesday to warn

Ryan McGee, ESPN Senior WriterMay 18, 2023, 11:48 AM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year North Wilkesboro Speedway was left in ruin after NASCAR stopped showing up in 1996. Aaron Burns/NWS Photo Nine-thousand, seven-hundred and thirty-one days. When the NASCAR All-Star

UAW workers at a Ford-supplying plant in suburban Detroit began striking Wednesday after nine failed negotiation meetings. The Constellium Automotive plant produces aluminum structures and crash management systems for the Ford F-150, F-150 Lightning, Explorer and Super Duty at six assembly plants. The 160 workers on strike are concerned about health and safety issues at

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Ghislaine Maxwell and Elon Musk attend the 2014 Vanity Fair Oscar Party Hosted By Graydon Carter on March 2, 2014 in West Hollywood, California. Kevin Mazur | vf14 | Wireimage | Getty Images A federal judge ruled Wednesday that the U.S. Virgin Islands can serve

WIXOM, Mich. — Cirba Solutions, a new battery recycler formed from companies with decades of industry experience, plans to expand its electric vehicle battery recycling business sevenfold in the next few years. The key to Cirba Solutions’ future are its regional facilities. “The name of the game is to make sure we’ve got locations where

Ford Motor ‘s (F) decision to scale back future investments in China is a prudent step for the automaker whose business there has been struggling to meet Chinese consumer preferences for electric vehicles. In an interview in The Financial Times on Tuesday, Ford CEO Jim Farley said there’s no guarantee that Western electric vehicle automakers

Laurence Edmondson, F1 EditorMay 17, 2023, 07:25 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 This weekend’s Emilia Romagna Grand Prix at Imola will not go ahead after extreme weather resulted in flooding in the local area, Formula One announced on Wednesday. F1 held meetings with local authorities and the

At the company’s annual shareholder meeting in Austin, Texas, Tesla CEO Elon Musk spoke about car demand, making more money than competitors in a slow economy, and also said he would conduct a third-party audit in cobalt mines that supply Tesla with a key ingredient to make batteries. In a sign of tough times even

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following Tesla’s 2023 annual shareholder meeting in Austin, Texas. During the course of their approximately hour long conversation, Musk reflected on: How he has managed a takeover of

Ryan McGee, ESPN Senior WriterMay 16, 2023, 02:57 PM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year North Wilkesboro Speedway’s narrow pit lane became the stuff of legend in NASCAR. ISC Images & Archives via Getty Images “What the hell …?” The moving

Watch the livestream here at 4 p.m. Eastern: Tesla Inc. and CEO Elon Musk may be under pressure at the EV maker’s annual meeting to address investor concerns about the lack of a clear successor, softening demand and delays of some new models. Investors will also vote on the appointment of Tesla co-founder and former

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SpaceX owner and Tesla CEO Elon Musk at the E3 gaming convention in Los Angeles, California, June 13, 2019. Mike Blake | Reuters Tesla CEO Elon Musk lost an appeal to unwind parts of a consent decree that he and the automaker struck with the

Laurence Edmondson, F1 EditorMay 16, 2023, 11:17 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Formula One personnel preparing for this weekend’s Emilia Romagna Grand Prix were asked to leave the Imola paddock on Tuesday after a severe weather warning was issued in the area. The Emilia Romagna region, in

Tesla Inc.’s price cuts in the first quarter led to significant volume gains, according to U.S. new-vehicle registration data from Experian. But the benefits came mostly from the relatively fresh Model Y crossover and not the older Model 3 sedan, Model X crossover or Model S hatchback. Analysts are closely watching Tesla’s numbers after CEO

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SpaceX, Twitter and electric car maker Tesla CEO Elon Musk meets with France’s President Emmanuel Macron (L) at the Elysee presidential palace in Paris on May 15, 2023.  Ludovic Marin | Afp | Getty Images Tesla CEO Elon Musk sent an email to “everybody” at

An Ohio court issued a restraining order that restricts UAW picketing at a Toledo area battery plant the union struck last week. More than 400 UAW workers went on strike a week ago at Clarios‘ battery plant in Holland, Ohio, a suburb of Toledo. The strike began in response to failed negotiations about overtime pay

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 Monday’s key moments. 1. Be ready to buy Wall Street was mixed to flat in late-morning trading Monday. President Joe Biden seems optimistic about a debt ceiling deal. He called congressional leaders back