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2:46 AM ET Former Formula One world champion Jenson Button said that he suffered heat exhaustion and nearly retired from the race before finishing 18th at his NASCAR debut in Texas on Sunday. The 43-year-old Briton, who won the F1 world championship in 2009, said he feared fainting while driving his Ford Mustang during the

A trial kicks off in San Francisco federal court on Monday to determine how much money Tesla Inc. must pay to a Black elevator operator who a jury determined was subjected to severe racial harassment while working at the electric auto maker’s flagship assembly plant. The trial is scheduled to last five days. Last year,

In this article F Follow your favorite stocksCREATE FREE ACCOUNT The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021. Al Drago | Bloomberg | Getty Images Ford Motor said Thursday its electric vehicle business lost $2.1 billion last year on an operating

DETROIT — The election of Shawn Fain as the UAW‘s fifth president in five years could upend what are already expected to be difficult contract negotiations between the union and Detroit 3 automakers later this year. But his razor-thin margin of victory over incumbent Ray Curry — Fain won by fewer than 500 votes and

In this article F Follow your favorite stocksCREATE FREE ACCOUNT John Lawler, Chief Financial Officer of Ford, rings the opening bell at the New York Stock Exchange (NYSE), March 23, 2023. Brendan McDermid | Reuters Ford Motor disclosed on Thursday that its electric vehicle unit, called Ford Model e, lost $2.1 billion in 2022 —

Ford Motor Co. has tapped a trio of celebrities who own and drive its vehicles to revitalize the “Built Ford Proud” ad campaign, which had been dormant for three years. The series of ads features actress Sydney Sweeney, big wave surfer Kai Lenny and professional stunt driver Dee Bryant. They center on the stars’ connections

Customers browse in a used car lot on February 15, 2023 in Glendale, California. Mario Tama | Getty Images All new vehicles become used cars and trucks once they’re sold. It’s an obvious statement, but one that needs to be laid out to explain the root cause for ongoing inventory and pricing issues in the

DETROIT — Shawn Fain, a member of the UAW international staff in the Stellantis department who ran as a change agent for a union rocked by scandal, will become the next UAW president following a historic election that broke the so-called Reuther Administrative Caucus’ decades-long stranglehold on power. Fain, 54, won a runoff against incumbent

Supporters wave signs during an address at the Time Warner Cable Arena in Charlotte, North Carolina, on September 5, 2012 on the second day of the Democratic National Convention (DNC). Mladin Antonov | AFP | Getty Images DETROIT – United Auto Workers members have ousted their president in the union’s first direct election, ushering in

5:19 AM ET Brazil’s triple Formula One champion Nelson Piquet must pay $953,050 (5 million Brazilian Reals) in moral damages for racist and homophobic comments against Mercedes driver Lewis Hamilton, a Brazilian court ruled on Friday. In an interview in November 2021, Piquet used a racial slur referring to the seven-time world champion, when commenting

DETROIT — Ford Motor Co. last week confirmed what many had long assumed: Its electric vehicles are big money-losers — for now. But in re-segmenting its earnings reports to disclose profits and losses for its electric, internal combustion and commercial vehicle businesses, the automaker is giving Wall Street a more detailed road map of what

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford’s BlueOval City electric vehicle and battery manufacturing campus in West Tennessee is scheduled to begin production in 2025. It will be home to Ford’s second-generation electric truck, code named Project T3, and will be capable of producing 500,000 EV trucks a year at full

4:03 PM ET The Las Vegas Aces, the reigning WNBA champions, have added to their championship credentials. Seven-time Super Bowl champion Tom Brady acquired a minority stake in the team whose majority owner is Las Vegas Raiders owner Mark Davis. “I have always been a huge fan of women’s sports, and I admire the work

Paul Napleton and stepson Danny Randolph of Napleton Auto Group acquired five dealerships in three transactions last year to grow their partnership. Paul Napleton is the brother of Edward Napleton, CEO of Napleton Automotive Group, based in Oakbrook Terrace, Ill. Napleton and Randolph on Aug. 29 acquired Don McCue Chevrolet in St. Charles, Ill., from

In this article LAZR LAZR Follow your favorite stocksCREATE FREE ACCOUNT A Mercedes-Benz van retrofitted with different types of lidar systems, including Luminar’s Iris, to showcase the differences in the technologies. Michael Wayland / CNBC Lidar maker Luminar Technologies, stung by a recent Wall Street downgrade, is responding in an unusual way: taking its case

7:32 AM ET Toto Wolff thinks Mercedes has missed the straightforward approach of former non-executive chairman Niki Lauda, especially during the struggles of the last year and a half. Three-time champion Lauda was an integral part of the dominant Mercedes team up until his death in 2019. Lauda was frequently at races in that role

STANTON, Tenn. — Ford Motor Co. on Friday said its BlueOval City manufacturing plant here will be able to produce 500,000 electric pickups per year when it comes online in 2025. The site will build a next-generation truck that CEO Jim Farley has said would not be another F-150 Lightning. Ford on Friday said the

In this article OUST Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. NYSE Lidar

9:00 AM ET Jenson Button will take part in three NASCAR Cup Series races in 2023, beginning this weekend at the Circuit of the Americas. James Gilbert/Getty Images “If I’m being honest, never in a million years …” Jenson Button, the 15-time Formula One race winner, is speaking for himself. At least, that is his intent.

WASHINGTON — U.S. Rep. Darrell Issa, R-Calif., reintroduced a bill Wednesday that would amend U.S. patent law by reducing the time automakers can enforce design patents on collision repair parts to two and a half years from 14 years against aftermarket parts suppliers. The bill — known as the Save Money on Auto Repair Transportation,

Club holdings Apple (AAPL) Ford Motor (F) and Estee Lauder (EL) were in the news Thursday. Here are the headlines and the implications for the Club’s investment thesis for each name. Apple AAPL YTD mountain Apple’s stock performance year-to-date. The news: Apple is planning to ratchet up spending on movies to release in theaters, and

DETROIT — Ford Motor Co. expects its electric vehicle business to lose $3 billion this year, even as it forecasts increased profits on its internal combustion and commercial vehicle operations. The automaker on Thursday projected that losses from its EV unit, called Model e, will increase nearly 50 percent in 2023 from $2.1 billion last

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT General Motors‘ self-driving vehicle unit Cruise acknowledged that some of its cars stalled out on city streets in San Francisco following rainstorms that downed trees there on Tuesday night. A witness to the Cruise robotaxi failures, John-Phillip Bettencourt, shared photos of the stalled vehicles on

Production of the Chevrolet Camaro sports car will end after the 2024 model year. The last sixth-generation Camaro, which debuted as a 2016 model, will leave General Motors‘ Lansing Grand River Assembly plant in January, Chevrolet said Wednesday. There was no immediate plan to replace the Camaro, though the brand hinted at a future possibility.

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The Chevrolet Camaro ZL1 starts at about $62,000 and is powered by a 650-horsepower V8 engine, a considerable upgrade over the roughly $26,000 base model. Source: General Motors DETROIT – General Motors will end production of the Chevrolet Camaro in its current form early next year, as

Italian luxury sports car maker Ferrari was hit with a ransomware attack that exposed customers’ personal information. It’s not clear when Ferrari’s Italian subsidiary was contacted by a hacker or group with a ransom demand related to the exposure of customer information nor did Ferrari disclose the ransom amount. Ferrari said it is investigating the

In this article 175-HK Follow your favorite stocksCREATE FREE ACCOUNT Chinese automaker Geely beat revenue expectations for 2022, sending shares surging Wednesday. Shares of Geely spiked as much as 7%, before settling down to trade nearly 3% above its previous close. Geely reported its 2022 revenue surged 45.6% from a year ago to 148 billion

With Tesla Inc‘s plan to open a $5 billion Gigafactory in Mexico, the country should soon become a hub of electric vehicle production, but EVs remain too expensive for most Mexicans and they are impractical to drive in much of the country, which lacks enough charging stations. Mexico has made reviving fossil fuel output a

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford revealed the electric 2023 Explorer for Europe on March 21, 2023. Ford DETROIT — Ford Motor on Tuesday unveiled its first all-new electric vehicle exclusively for the European market and said it plans to leverage the well-known Explorer nameplate to gain traction. The EV

6:45 AM ET Mercedes boss Toto Wolff said his team are “changing things” in a bid to improve their position ahead of the Australian Grand Prix on April 2. Speaking to reporters at the Saudi Arabian Grand Prix, team principal Wolff said he would have no shame if the revamped car ended up resembling a