News

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is set to report its fourth-quarter earnings after the

6:09 PM ET Associated Press IndyCar driver Conor Daly would accept a last-minute Daytona 500 ride if offered the chance to enter “The Great American Race.” Helio Castroneves last week ruled out trying to make NASCAR’s season-opening race because the four-time Indianapolis 500 winner did not believe there was enough time to prepare for the

SAN FRANCISCO – Tesla Inc. suppliers are bracing for pressure from Chief Executive Elon Musk and his team to cut their prices further after the EV maker aggressively slashed vehicle prices in a slowing economy, industry officials who work with the automaker and its suppliers said. The suppliers saw as ominous last month’s comments by

In the race to find cleaner fuels, the heavy duty transportation sector is woefully behind because batteries don’t have enough juice to power trucks and ships. Enter ammonia. New technology and new companies are working on turning ammonia into hydrogen to power tractors, trucks and even ships. The heavy duty trucking industry alone accounts for

LAS VEGAS—Daimler Truck North America unveiled its SuperTruck II Wednesday, showing off an efficient diesel big rig intended to demonstrate fuel-saving technologies that can be deployed as the trucking industry pivots to zero-emission vehicles. The sleek cab, painted in a pixelated rainbow livery to evoke a sense of effortless motion, is more of a proof-of-concept

In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Electric truck maker Rivian Automotive said it is laying

GM Financial‘s profit is expected to normalize this year after high used-vehicle prices during the past two years contributed to strong earnings results, executives said. The company said Tuesday that net income fell 33 percent to $605 million in the fourth quarter compared with the same time last year as the lender experienced the effects

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors

8:55 AM ET The Haas F1 team has revealed its updated livery for the 2023 season, featuring the prominent branding of its new title sponsor MoneyGram. The American team is the first F1 outfit to unveil its colour scheme for the upcoming season, although the digital renders did not represent this year’s car, the VF-23,

DETROIT — General Motors is making what it says is the largest-ever investment by an automaker in battery raw materials production as it prepares to further ramp up electric vehicle production in the coming years. GM said Tuesday that it will take a $650 million equity position in Lithium Americas Corp. and work with the

In this article LAC GM Follow your favorite stocksCREATE FREE ACCOUNT US President Joe Biden, with General Motors CEO Mary Barra, looks at a Chevrolet Silverado EV as he tours the 2022 North American International Auto Show at Huntington Place Convention Center in Detroit, Michigan on September 14, 2022. – Biden is visiting the auto

DETROIT — GMC has started building the SUV version of the Hummer EV and the third-generation Canyon midsize pickup. Production of the 2024 Hummer EV SUV began Monday at General Motors‘ Factory Zero plant in Detroit, officials said. The 2023 Canyon entered production last week at Wentzville Assembly in Missouri. Deliveries of both vehicles will

Ford Motor (F) confirmed Monday what Jim Cramer has been speculating for weeks: Price cuts on its electric vehicles following similar moves by Tesla (TSLA). While engaging in this price war was necessary for Ford to stay competitive and maintain customer demand, we’re concerned about the dent the Club holding faces in profitability. Ford will

6:38 AM ET Zak Brown has likened McLaren driver Lando Norris to the type of talent NFL teams build their organisation around. Norris is set to start his fifth season with McLaren, where he is contracted to race until 2025. This year he will be joined by a rookie teammate, the highly-rated Oscar Piastri, to

Ford Motor Co. on Monday said it would reduce the price of its 2023 Mustang Mach-E crossover by $600 to $5,900, depending on the trim, as it boosts production in hopes of solidifying its status as the nation’s No. 2 electric vehicle maker. The price cuts come shortly after Tesla Inc., by far the U.S.

In this article F TSLA Follow your favorite stocksCREATE FREE ACCOUNT People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT — Ford Motor is increasing production and cutting prices of its electric Mustang Mach-E crossover, weeks

3:41 PM ET Associated Press DAYTONA BEACH, Fla. — Acura dominated the debut of hybrid engines in North American sports car racing with a 1-2 finish Sunday at the Rolex 24 at Daytona, where Helio Castroneves and the automaker won the prestigious endurance race for a third consecutive year. Castroneves won the Rolex in 2021

TATESHINA, Japan — When cruising along at 40 mph on a sheet of super-slick ice, it pays to have an ultraresponsive vehicle stability system that won’t skate you right off the road. Nissan’s new e-4orce all-wheel-drive technology, offered in the new Ariya electric crossover, keeps the driver in control, even in situations like this, thanks

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla showroom is seen in the City Center shopping center on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — Tesla vehicles in the U.S. are seeing significant price cuts, and that’s proving to be a double-edged sword for the

SAN FRANCISCO — The board chair of Tesla Inc. defended CEO Elon Musk in a securities fraud trial on Friday, telling jurors that she would have quit as a director if she had thought Musk lied by tweeting in 2018 that he had “funding secured” to take Tesla private. Tesla Chair Robyn Denholm is a

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla founder Elon Musk attends Offshore Northern Seas 2022 in Stavanger, Norway August 29, 2022. Carina Johansen | NTB | via Reuters Electric vehicle maker Tesla reported earnings after the bell, beating on both earnings and revenue. Shares rose more than 5% after hours after

Ford is eliminating the annual sales cap of 25 electric vehicles for dealerships on the less-expensive tier of the brand’s EV certification program and reducing the amount those stores must spend training employees by $10,000. The changes are a bid to win over retailers who took issue with some of the certification program’s costs and

In this article TM Follow your favorite stocksCREATE FREE ACCOUNT Akio Toyoda, president and CEO of Toyota Motor Corp. Kiyoshi Ota | Bloomberg | Getty Images Toyota Motor‘s president and chief executive, Akio Toyoda, will step down from his post on April 1, to be succeeded by current Chief Branding Officer Koji Sato, the Japanese

12:22 PM ET Associated Press DAYTONA BEACH, Fla. — Jimmie Johnson, Mike Rockenfeller and Jenson Button will drive the special Garage 56 car that will race at the 24 Hours of Le Mans in June. Johnson, a seven-time NASCAR champion, has lobbied hard for a spot in the three-driver lineup for his former team. He’d

Lincoln is removing a requirement that dealers offer around-the-clock electric vehicle charging to the public as part of its EV certification program. Executives, including the brand’s new president, Dianne Craig, announced the change Saturday at the make meeting. Instead of offering charging 24/7 — prohibited by some state laws necessitating that staff be present if

In this article F TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT Customers wearing protective masks looks at the interior of a vehicle for sale at a Ford Motor Co. dealership in Colma, California, Feb. 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT — As automakers chase Tesla-like profits on new electric

Jennifer Swope was convinced the F&I departments at the six stores owned by the Swope Family of Dealerships had untapped revenue potential. The main obstacle? Silos. From her perspective, each finance department worked independently with little collaboration, even though five of the stores are close to each other along what’s known at Swope as the

In this article TSLA RIVN Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway on August 29, 2022. Carina Johansen | AFP | Getty Images Tesla shares surged 33% this week, marking their best weekly performance since May

3:09 PM ET Associated Press DAYTONA BEACH, Fla. — Four-time Indianapolis 500 winner Helio Castroneves has ruled out running next month’s NASCAR season-opening Daytona 500. Castroneves has been chasing a seat since winning one of Tony Stewart‘s summer all-star races last season to win a bet with the SRX head that promised Castroneves help finding

Dealer Larry Van Tuyl, who through his Visionary Automotive Group has eight dealerships in three states, remains on the hunt for more stores and is searching in some of the areas his former large group operated in. Van Tuyl, speaking Thursday at the Automotive News Retail Forum: NADA, pointed to the footprint of his former