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The California attorney general and the attorneys general of 17 other states on Thursday asked a federal regulator to recall Hyundai and Kia vehicles, saying they are more likely to be stolen because they lack safety features that are standard in other cars. Hyundai Motor Co. and Kia Corp. vehicles represent a large share of

In this article F Follow your favorite stocksCREATE FREE ACCOUNT DEARBORN, Mich. — New video footage of a fire involving a Ford F-150 Lightning this year highlights a growing concern around electric vehicles: volatile fires from the batteries that power them. The previously unreleased footage, which CNBC obtained through Michigan’s Freedom of Information Act from

3:42 PM ET Kevin Harvick will make his 800th NASCAR Cup Series start on Sunday at Talladega. James Gilbert/Getty Images Here’s a real-life truth that no one understands until they find their lives standing squarely in the middle of that very truth. Being the wisest person in the room isn’t about being the smartest person in

Jaguar Land Rover will now be called JLR in a rebrand that shifts the focus onto four subbrands: Range Rover, Discovery, Defender and Jaguar. JLR will become a “House of Brands” in a change of strategy that will help “amplify the uniqueness of our characterful British marques,” Gerry McGovern, chief creative officer, said in a

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk attends the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. The new plant, officially called the Gigafactory Berlin-Brandenburg, is producing the Model Y as well as electric car batteries. Christian Marquardt –

WASHINGTON — Electric vehicles from Volkswagen Group of America and some EVs made by Rivian Automotive will qualify for tax credits under the newly effective battery sourcing rules, the two automakers confirmed Wednesday. All variants of VW’s 2023 ID4 are eligible for the full $7,500 tax credit this year. “The ID4 is already one of

Toyota displays a new concept electric car — developed jointly with BYD and FAW — at the Shanghai auto show in April 2023. CNBC | Evelyn Cheng BEIJING — Toyota this week began taking orders for its first electric sedan in China, and announced two more models are set to come to the local market

1:27 PM ET Michael Schumacher’s family plans to take legal action against a German magazine that ran an AI-generated interview with the Formula One legend. German outlet Die Aktuelle ran a front cover spread promising an exclusive interview with Schumacher, who has not been seen in public since suffering a serious brain injury in a

Ally Financial‘s first-quarter net income fell 51 percent from a year earlier as it collected less revenue from financing and set aside a higher amount to cover potential losses on loans, the Detroit bank said Wednesday. However, its $319 million in net income was an improvement over the fourth quarter of 2022. Ally’s auto lending

In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT The logo of Stellantis, the world’s fourth-largest automaker which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised their merger, is seen at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. Massimo Pinca | Reuters

8:28 AM ET The Australian Grand Prix’s stewards have rejected Ferrari’s attempt to reopen the investigation into Carlos Sainz’s in-race penalty. Sainz dropped from fourth place to last in the final results of the race due to a five-second penalty for making contact with Fernando Alonso at a late red-flag restart. The stewards issued the

A bill that aimed to prohibit right of first refusal on dealership buy-sell deals failed in West Virginia’s House of Delegates last month, in part on the concern that eliminating it could hamper automakers’ efforts to increase racial diversity among dealers in the state, according to a representative of the state’s dealers association. The right

BYD’s new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan ($160,000). CNBC | Evelyn Cheng SHANGHAI — Fully autonomous driving is “basically impossible” and the technology would be better applied to manufacturing, according to Chinese battery and electric car company BYD. Many electric car and tech companies

12:50 PM ET ESPN’s News Services IndyCar issued a statement Tuesday decrying “disrespectful and inappropriate online abuse” directed at several of its drivers following Sunday’s race in Longbeach, Calif. The move comes affter Callum Ilott and Agustín Canapino, who are teammates at Juncos Hollinger Racing, both had disappointing finishes in Sunday’s Grand Prix of Long

The U.S. Justice Department said on Tuesday it had reached a settlement with General Motors to resolve the department’s determination that the American automaker discriminated against non-U.S. citizens. Under the terms of the agreement, the company will pay $365,000 in civil penalties to the United States, the Justice Department said in a statement. GM did

An electric vehicle is charged in Monterey Park, California, on April 12, 2023. – US President Joe Biden’s administration unveiled new proposed auto emissions rules, aiming to accelerate the electric vehicle transition with a target of two-thirds of the new US car market by 2032. Frederic J. Brown | AFP | Getty Images Fewer electric

SHANGHAI — Polestar’s latest model, the Polestar 4, will have no rear window and no rearview mirror. Instead, the driver will rely on a high-definition screen showing a real-time feed from a roof-mounted, rear-facing camera. Polestar says the digital feed, which can be deactivated to allow drivers to see rear occupants, will improve safety, especially

New-energy electric vehicles are seen at a Nio store in Shanghai, China, March 19, 2023. Future Publishing | Future Publishing | Getty Images SHANGHAI — Chinese electric car company Nio will keep its prices high rather than cut them, CEO William Li told CNBC in an interview. “For us, we will certainly not join the

WASHINGTON – The U.S. Supreme Court on Monday declined to hear a bid by General Motors Co. to revive its racketeering lawsuit against rival automaker Fiat Chrysler Automobiles (FCA), now part of Stellantis, over bribery allegations involving the United Auto Workers union. The justices turned away an appeal by General Motors of a lower court’s

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2024 Buick Envista Avenir GM DETROIT – General Motors on Monday revealed the last new gas-powered Buick vehicle ahead of the brand’s transition to an all-electric domestic lineup by 2030. The final new traditional nameplate for the brand will be the 2024 Buick Envista, a

6:17 PM ET Associated Press LONG BEACH, Calif. — As Kyle Kirkwood crossed the finish line for his first career IndyCar win, his new race strategist urged him to soak up the sights and sounds of victory. It nearly brought the 24-year-old to tears. “A first win, it’s a big deal for any driver. I

Electric vehicles might be too heavy for some parking garages that were built with smaller, lighter cars in mind, a report from the British Parking Association warns. Many multistory garages across the United Kingdom were built in the 1960s and ’70s and could be too weak to bear the added weight that EVs have, according

Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Joe White | Reuters From the headlines, car buyers might think the most important force driving down the cost of electric vehicles is the $7,500 tax credit

6:06 AM ET Associated Press LONG BEACH, Calif. — Kyle Kirkwood won the first pole of his IndyCar career Saturday with a flying fast lap around the downtown streets of Long Beach, giving the series three different pole winners through the first three races of the season. The Andretti Autosport crew erupted in celebration when

NEW YORK — The Stellantis design team has been busy crafting concept cars that show where each of its brands is headed in the age of electrification. One of the latest creations, the Ram 1500 Revolution concept that debuted in January, is setting the tone for the truck brand ahead of its foray into the

A Tesla Model S electric car stops for recharging April 9, 2023 at a service station in Greenwich, Connecticut. Robert Nickelsberg |  Getty Images There may be no better time to buy an electric vehicle than now. Automakers are continuing to roll out a growing number of models that offer improved range and better performance.

7:58 PM ET Associated Press LONG BEACH, Calif. — Roger Penske earned his first IMSA sports car victory since partnering with Porsche with a win at the Grand Prix of Long Beach. Mathieu Jaminet won Saturday’s race under caution for Porsche Team Penske when Ricky Taylor of Wayne Taylor Racing crashed trying to pass him

Former megadealer Bernie Moreno is taking a second stab at running for U.S. Senate. In 2022, Moreno dropped out of a crowded Republican field vying for one of Ohio’s Senate seats after former President Donald Trump asked him to step aside. Now, Moreno has filed paperwork to run in 2024, and Trump is encouraging his

Applications are open for the 2023 Automotive News PACE Awards and PACEpilot program. The PACE Awards recognize traditional and nontraditional suppliers around the world for new product, process and business model innovations. Entries must be innovations that have been commercialized by a sale to an automaker. PACEpilot recognizes post-pilot pre-commercial innovations in automotive and future

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 General Motors said Tuesday its venture capital arm will lead a $50