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In this article F Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. The anticipated announcement of the deal between Ford and Contemporary Amperex Technology Co.,

4:59 AM ET Formula One CEO Stefano Domenicali has issued a warning to prospective F1 team owner Michael Andretti, saying some of his recent comments in the media were “not smart”. Andretti has joined forces with American car manufacturer Cadillac in the hope of setting up a new F1 team in 2026, but the project

TOKYO – Toyota’s next CEO, Koji Sato, is pledging to “drastically” revamp the carmaker’s slow-going electric vehicle strategy with a new leadership team he just unveiled to reinvent the world’s largest automaker as a mobility company in a challenging new era of industry upheaval. While announcing the new roster Monday, Sato said the accelerated EV

Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images BEIJING — Geely-backed electric car brand Zeekr said Monday it’s now valued at $13 billion after a $750 million raise from Chinese battery giant CATL and others. Zeekr

A Detroit real estate firm plans to turn a 117-year-old former Cadillac assembly plant into 90 apartments. The building was constructed in 1905, not long after a fire destroyed the original Cadillac plant on the same site, according to city documents. It was designed by George Mason, whose firm also designed Detroit’s Masonic Temple and

In this article STLA STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT Ram’s 2023 Super Bowl ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale late-next year. Screenshot DETROIT – Stellantis will air a 60-second Super Bowl ad for its Ram brand to indirectly take shots

Anyone overhearing Ram‘s Super Bowl ad from another room might confuse it with a run-of-the-mill male enhancement pitch. Ram’s spot, however, is about providing a different kind of spark. The truck brand is taking on range anxiety ahead of the 2024 launch of its electric pickup that will be known as the 1500 REV. The

In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT Lucid Air Courtesy: Lucid Motors Lucid Group said Thursday that buyers of certain versions of its pricey Air electric luxury sedan will be eligible for a $7,500 “credit.” But that credit will be paid by Lucid, not the U.S. government. related investing news Morgan Stanley

5:30 PM ET Red Bull sister team AlphaTauri has introduced flashes of red to its colour scheme for the 2023 season. The Italian team, named after Red Bull’s fashion brand, launched their car at New York’s Fashion Week on Friday to continue the company’s U.S-themed start to the new season. AlphaTauri AlphaTauri Reigning champions Red

A California software mogul who has a long-running feud with Tesla Inc. and CEO Elon Musk over the automaker’s self-described “Full Self-Driving” software is taking out a targeted ad during the Super Bowl on Sunday calling on regulators to shut down the driver-assistance feature. Dan O’Dowd, founder and CEO of Green Hills Software, alleges that

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A driver uses the map navigation feature on a touchscreen control panel just prior to the Tesla Motors Inc. 8.0 software update inside a Model S P90D vehicle in New York, U.S., on Monday, Sept. 19, 2016. Christopher Goodney | Bloomberg | Getty Images The

6:43 AM ET Jean-Eric Vergne of DS Penske won an action-packed Hyderabad E-Prix on Saturday, marking a successful return of a high-profile motorsport event in India. Vergne held off a strong challenge from Envison Racing’s Nick Cassidy to cross the chequered flag in the first place despite having less than 0.5 percent energy left in

Auto dealers fear higher interest rates will affect consumer vehicle demand in 2023, and some expect the increased borrowing cost to erode finance and insurance product sales volume or force lower rate reserve margins. Automotive News‘ 2023 Dealer Outlook Survey of 264 dealers and dealership managers in January found interest rates were overwhelmingly dealers’ biggest

In this article GFS GM Follow your favorite stocksCREATE FREE ACCOUNT The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of

8:34 AM ET Marc Marquez is arguably MotoGP’s greatest of all time, but has spent more than two years recovering from a career-threatening arm injury. Gold & Goose / Red Bull Content Pool “I had a dream career until 2020,” Marc Marquez told ESPN, recalling his decorated time in MotoGP, the two-wheeled equivalent of Formula One.

Ford Motor Co. on Monday plans to announce details of a massive electric vehicle battery plant it has decided to build in Marshall, Mich., two people with knowledge of the company’s plans told Crain’s Detroit Business, an affiliate of Automotive News. The automaker is scheduled to hold a news event at Ford Ion Park in

In this article NFLX STLA-IT GM Follow your favorite stocksCREATE FREE ACCOUNT General Motors and Netflix partnered for a 60-second ad starring actor and comedian Will Ferrell driving GM electric vehicles in popular Netflix shows and movies to promote the streaming service using more EVs in its productions. Screenshot Automakers — historically among the largest

WASHINGTON — A large majority of dealers surveyed by Automotive News said they are taking steps to sell electric vehicles, but they have mixed opinions on the federal government’s role in supporting the transition and accelerating consumer adoption. Roughly 82 percent of the dealers are selling or preparing to sell EVs at their stores, according

In this article STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT Rubicon 20th Anniversary Level II by American Expedition Vehicles (AEV) upfit for 2023 Jeep Wrangler Rubicon 392 Jeep CHICAGO – Jeep on Thursday revealed its most expensive Wrangler SUV ever, topping more than $115,000. The limited-edition vehicle is the 2023 Wrangler Rubicon 392 20th Anniversary

12:44 PM ET Associated Press Katherine Legge will attempt to qualify for her third Indianapolis 500 this year — her first IndyCar race since 2013 — in a car fielded by Rahal Letterman Lanigan Racing. Legge will enter the race in the No. 44 Honda with sponsorship from Hendrickson, a global manufacturer and supplier of

Ram‘s first electric pickup officially has a name. The truck, slated to enter production in 2024, will be known as the 1500 REV. Ram CEO Mike Koval, who was scheduled make the announcement Thursday during the Chicago Auto Show, said the name will be easy to market and “helps with the showroom distinction between the

JB Straubel sits down with CNBC’s Phil LeBeau at Redwood Materials. Redwood Materials has attained a $2 billion loan commitment from the Department of Energy, the agency announced on Thursday via its loan programs office. The battery-recycling startup will use the funding to build and expand its battery recycling facility outside of Reno, Nevada. The

12:59 AM ET Sunaadh Sagar India plays host to a top-tier motorsport series after almost a decade, as Formula E comes to town in the form of the Hyderabad E-Prix on February 11. Here’s everything you need to know about the showpiece event: Wait, what’s an E-prix? The electric equivalent of a Formula 1 race.

TOKYO — Just as a World Cup soccer team adjusts its player formation for a new opponent, Toyota’s recently appointed CEO Koji Sato is reordering his lineup for a challenging new era. That is the scene unfolding today at the world’s largest automaker as Sato picks a new management team before he takes the helm

In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT 2024 Toyota Grand Highlander Toyota CHICAGO — Toyota Motor is expanding its segment-leading, three-row crossover lineup with the new 2024 Grand Highlander, including two gas-powered hybrid offerings. The automaker revealed the vehicle as a bigger sibling to the Toyota Highlander midsize SUV/crossover on Wednesday night.

8:21 AM ET FIA president Mohammed Ben Sulayem, head of motorsport’s governing body, has stepped back from overseeing Formula One in a day-to-day capacity. Ben Sulayem was elected on a manifesto which included the restructure of race control and the FIA’s F1 operation as a whole. FIA single-seater boss Nikolas Tombazis will take over that

NEW YORK — Hyundai Motor Co. said it is in talks with the U.S. Department of Labor to resolve concerns about child workers in its U.S. supply chain, and the company is taking corrective actions after a Reuters investigation found children as young as 12 working in hazard-laden Alabama factories linked to the automotive giant.

In this article HTZ Follow your favorite stocksCREATE FREE ACCOUNT Andrew Kelly | Reuters Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world. The company also benefited from improved operating performance, CEO Stephen Scherr

9:51 AM ET Associated Press IndyCar driver Conor Daly will attempt to qualify for the Daytona 500 with the NASCAR team owned by Floyd Mayweather. The Money Team Racing raced its way into the Daytona 500 last year with driver Kaz Grala; Daly made his Cup Series debut for the team in October on The

WASHINGTON — President Joe Biden, now halfway through his term, celebrated major legislative wins that are designed to boost U.S. production of semiconductors, electric vehicles, batteries and more during his second State of the Union address. “We’re going to make sure the supply chain for America begins in America,” Biden said in a speech late