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Attendees view vehicles at the Jeep booth during opening day of the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 7, 2023. Stephanie Keith | Bloomberg | Getty Images Carmaker Stellantis on Wednesday posted a 14% annual rise in first-quarter net revenues as an easing of semiconductor supply chain pressures

ANAHEIM, Calif. — Leveraging its experience offering fuel cell passenger vehicles, Hyundai Motor Co. plans to offer a hydrogen-powered heavy-duty truck in the U.S. this year. Hyundai unveiled the production version of its Xcient Fuel Cell Class 8 truck on Tuesday at the ACT Expo just a block from Disneyland in California. “Our hydrogen fuel

Club holding Ford (F) on Tuesday showed investors it had righted the ship in the first quarter following a dismal end of 2022, easing our concerns that the legacy automaker had lost its way. Automotive revenue for the three months ended March 31 increased about 21% year-over-year, to $39.09 billion, topping analysts’ forecasts of $32.08

9:04 AM ET It has been 5,799 days and counting since an American driver with a full-time Formula One seat contested a U.S. Grand Prix. Scott Speed finished 13th at Indianapolis in 2007 for what was then known as Scuderia Toro Rosso, and it would be the last time he would see the checkered flag

Tesla Inc. raised prices on its most affordable vehicles late Monday, adding $250 to the starting stickers for the Model 3 sedan and Model Y crossover after deep price cuts earlier this year to spur sales. According to the Tesla’s U.S. website, the base Model 3 with rear-wheel drive now starts at $41,880 with shipping.

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla hiked the price of several cars in key markets, including the

11:34 AM ET Max Verstappen called George Russell a “d—head” after they collided on the opening lap of the sprint race at the Azerbaijan Grand Prix. Verstappen was fuming after the Mercedes driver barged past him on the inside at Turn 2, with the contact almost putting the championship leader in the wall. Cameras later

Gentex Corp., supplier of high-tech rearview mirrors, dimmable glass and automotive electronics, is investing in and collaborating with an Israeli company that has created a small thermal camera. Such a device can be used to improve the safety of self-driving cars and to help reduce accidents involving pedestrians. Adasky was founded in Israel in 2016.

In this article RIDE RIDE Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Shares of electric vehicle startup Lordstown Motors disclosed on Monday that a funding deal with Foxconn is in jeopardy – and that it

1:05 PM ET Associated Press BIRMINGHAM, Ala. — IndyCar is staying at Barber Motorsports Park at least through 2027. The series and ZOOM Motorsports announced an extension to continue racing at the permanent road course on Sunday, a few hours ahead of the 13th running. The Children’s of Alabama Indy Grand Prix has been held

Only a few years ago, terms like “carbon neutrality,” “greenhouse gas” and “carbon footprint” were relegated to the world of scientists, environmentalists and green-leaning merchants. Now they are on the lips of virtually every company in the global auto industry. In boardrooms and shareholder presentations, in auto plants and component manufacturing settings from Tokyo to

6:12 PM ET ESPN News Services BIRMINGHAM, Ala. — Scott McLaughlin finally got an opening to surge past Romain Grosjean, took advantage of it and was scarcely challenged the rest of the way to his fourth IndyCar win Sunday at Barber Motorsports Park. It was the second time this season they’ve battled for a potential

It was early in Jeep CEO Christian Meunier’s tenure when the brand was prepping the powerful Wrangler Rubicon 392 that would bring a new level of performance to the nameplate with a Hemi V-8 engine. The inaugural 2021 model carried a hefty $74,995 price tag when — in line with Wrangler tradition — it debuted

6:35 AM ET Associated Press BIRMINGHAM, Ala. — It’s Romain Grosjean‘s turn to start up front for Andretti Autosport. The former Formula 1 driver and Swiss-born Frenchman is trying to duplicate teammate Kyle Kirkwood‘s pole-to-win performance after claiming the pole position for Sunday’s IndyCar race at Barber Motorsports Park. Grosjean emerged with his third pole

Automakers have sent retailers enough new vehicles to restore a 30-day supply to three major publicly traded auto groups, based on first-quarter earnings reports. “New-car inventory is building,” Sonic Automotive Inc. President Jeff Dyke said on the company’s first-quarter earnings call on Thursday, April 27. One auto group saw the time for increased incentive spending

1:13 PM ET Associated Press DOVER, Del. — Before Chase Elliott shredded on a snowboard and Alex Bowman moonlighted in a sprint car, Rick Hendrick issued a warning to all his Cup drivers who craved extracurricular activities outside their lucrative NASCAR careers. Be careful. Or else. Even so, Hendrick Motorsports has become the home of

Creditors holding about 90 percent of Carvana Co.’s bonds have been pitching the beleaguered used-car company on ways to pare down debt and improve liquidity, including a proposal for a debt-for-equity swap, according to people with knowledge of the situation. The group, represented by White & Case and PJT Partners, recently offered to swap a

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT A Chevrolet Bolt EUV on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT — After years of lackluster performance and a fire-provoked recall, the all-electric Chevrolet Bolt EV was finally gaining traction for General Motors. As America’s cheapest

5:40 AM ET BAKU, Azerbaijan — Charles Leclerc doubled down on his pole position in Friday qualifying at the Azerbaijan Grand Prix as he also took pole in the inaugural sprint shootout session on Saturday, which will set the grid for the sprint race later the same day. Leclerc secured pole despite crashing at Turn

When Craig Courtney became finance director in 2017 for Taylor Chrysler-Dodge-Jeep-Ram in Bourbonnais, Ill., about 55 miles south of Chicago, his vacation days often were spent leading church mission trips to the Dominican Republic. With just one full-time F&I manager and one assistant, no department guidelines and a dot matrix printer, Courtney wanted to ensure

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT – General Motors plans to stop production of its electric Chevrolet

12:28 PM ET BAKU, Azerbaijan — Charles Leclerc described his pole position at the Azerbaijan Grand Prix as “a good surprise” after admitting he did not expect to be in contention for the fastest time in qualifying. Leclerc beat championship leader Max Verstappen to the top spot in Friday qualifying by 0.188s, meaning he will

General Motors plans to build a $200 million electric vehicle parts plant that would create 1,000 new jobs and support assembly of the upcoming Chevrolet Silverado EV. The project would cover 87.3 acres of the site where the Detroit Pistons’ former arena was demolished in 2020. It would consist of 1.05 million square feet of

In this article LCID LCID Follow your favorite stocksCREATE FREE ACCOUNT Lucid showing a preproduction version of the Gravity, a luxury electric SUV, testing on US public roads. The Gravity is expected to begin shipping in 2024. Courtesy: Lucid Luxury electric-vehicle maker Lucid Group said Tuesday that it has begun testing its next model, a

10:52 AM ET BAKU, Azerbaijan — Max Verstappen says he is not motivated by winning a record number of Formula One titles by the end of his career and is instead tempted by racing in other categories of motorsport when his Red Bull contract expires. The current record for the most championship victories is jointly

Lithia Motors Inc., now the largest seller of new vehicles in the U.S., appears to have eliminated around 1,000 unspecified positions this year. The move comes amid lower gross profits on new and used vehicles and as the auto retailer’s same-store new and used vehicle sales slipped in the first quarter compared to a year

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, chief executive officer of General Motors Co., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Tuesday, March 14, 2023.   Jordan Vonderhaar | Bloomberg | Getty Images DETROIT – When a company beats Wall Street’s earnings expectations and raises guidance

9:04 AM ET The half-brother of MotoGP GOAT Valentino Rossi, Luca Marini is living up to big expectations. Jose Breton/Pics Action/NurPhoto via Getty Images There’s a simple, perfectly reasonable explanation for how VR46 Ducati rider Luca Marini began on his journey to MotoGP. “We were lucky because at my age, a lot of families [in Italy]

Elon Musk slipped into Washington Wednesday for talks with lawmakers about artificial intelligence. The Tesla Inc. CEO later tweeted about the meetings, suggesting that regulating AI might be appropriate.  “That which affects safety of the public has, over time, become regulated to ensure that companies do not cut corners,” he wrote. “AI has great power to

In this article MBLY Follow your favorite stocksCREATE FREE ACCOUNT Mobileye signage during the company’s IPO at the Nasdaq MarketSite in New York, US, on Wednesday, Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest US initial public offerings of the year above its marketed