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Tesla CEO Elon Musk speaks at an event in Hawthorne, California April 30, 2015. Patrick T. Fallon | Reuters Attorneys for Tesla and Elon Musk are asking a federal judge in San Francisco to move, or delay, a forthcoming trial from Northern California to Western Texas, saying they won’t be able to find unbiased jurors

WASHINGTON — General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM’s electric Cadillac Lyriq to allow it to qualify for federal tax credits. The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail price cannot be above $55,000 to qualify for up to

A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT — Pickup trucks again led America’s top-selling vehicles last year, but Tesla broke into the top 10 for the first

Faulkner Subaru Harrisburg’s boost committee is an extension of the company’s open-door policy where all ideas are welcome. “We use it to boost anything from profits to inclusion and diversity to brainstorming to come up with new ideas,” said Doug Jones, general manager of the Pennsylvania dealership. Committee members meet monthly — two each from

We’re growing increasingly worried about some richly valued companies in our portfolio, including the likes of Nvidia (NVDA) and Microsoft (MSFT). Expensive stocks remain out of favor on Wall Street — just as they had been for much of last year — and there could be more room for them to fall as recession fears

LAS VEGAS — As automakers prepare to bring more electric models to market, the infrastructure to support them will continue to develop. That was evident from all of the companies that specialize in charging infrastructure and batteries that were demonstrating new capabilities at CES meant to increase consumers’ adoption of battery-electric vehicles. Charging infrastructure so

New Jeeps on display at a New York City car dealership on Oct. 5, 2021. Spencer Platt | Getty Images DETROIT — Automakers are hopeful last year’s new vehicle sales — the worst in more than a decade — will mark a bottom for the market, at least in the near term. Industry estimates range

Jan 3, 2023 Formula One’s governing body is ready to start a process for new teams to enter the championship, president Mohammed Ben Sulayem said on Monday. The move could open the door to American Michael Andretti’s Andretti Global F1 project, which has so far met little encouragement from most existing teams and F1 management.

LAS VEGAS — Ram gave the industry a glimpse of what to expect in 2024 with the unveiling of the 1500 Revolution BEV Concept on Thursday during CES. Ram is looking to raise the bar in the electric pickup market with features such as an automated charger and the ability to follow a walking driver

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Michael Andretti, team owner of Walkinshaw Andretti United, looks on during qualifying for Supercars Adelaide 500 on March 2, 2018 in Adelaide, Australia. Daniel Kalisz | Getty Images Sport | Getty Images Andretti have teamed up with General Motors in a bid to enter Formula

10:55 AM ET Andretti Global and General Motors have teamed up in a bid to join the Formula One grid under the Cadillac brand, the team announced on Thursday. The move could bring two American powerhouses to the grid in the future, although it still needs approval from both F1 and racing’s governing body, the

LAS VEGAS — Mercedes-Benz is taking a page out of the Tesla playbook on electric vehicle charging. The luxury automaker revealed plans Thursday at CES to develop a global network of 10,000 high-speed chargers powered by green energy. The rollout will begin this year in the U.S. and Canada and expand to Europe, China and

Zoom In IconArrows pointing outwards Planned electric vehicle battery plant capacity in North America by 2030. Data updated through November. U.S. Department of Energy, Argonne National Lab Georgia, Kentucky and Michigan are going to dominate electric vehicle battery manufacturing in the United States by 2030. Each of those three states will be able to manufacture

LAS VEGAS — BMW’s new vision of a digital world on wheels, the BMW i Vision Dee midsize sedan concept presented at CES 2023, reveals a smörgåsbord of technologies the German automaker is cooking up to blend virtual and physical experiences. “With the BMW i Vision Dee, we are showcasing what is possible when hardware

Financing a new or used car is more expensive than ever, new research shows. Amid rising interest rates and elevated auto prices, the share of new car buyers with a monthly payment of more than $1,000 jumped to a record high, according to Edmunds. For the first time, just over 15% of consumers who financed a

8:05 AM ET Alyssa RoenigkESPN Close Alyssa Roenigk is a senior writer for ESPN whose assignments have taken her to six continents and caused her to commit countless acts of recklessness. (Follow @alyroe on Twitter). There’s a famous image of rally driver Ken Block that is breathtaking for both its beauty and its sense of

Microsoft Corp. is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part of its cloud partnership with the company, two people familiar with the discussions told Reuters. Microsoft plans to invest over $10 million in a financing round that values Gatik at more than $700 million, the sources added. As

In this article GM 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT 2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in its annual U.S. vehicle sales despite supply chain problems. GM said Wednesday it

Rivian Automotive said it came up just short of its 2022 production target of 25,000 units due to supply-chain issues and a slow ramp at its assembly plant in Normal, Ill. The EV startup on Tuesday said it produced 24,337 vehicles in its first full year of production, comprised of R1T pickups, R1S crossovers and

In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2023 Ford F-150 Raptor R Ford DETROIT – The Ford F-Series continued its decadeslong U.S. sales dominance in 2022 despite ongoing parts and supply chain problems, the company said Tuesday. Ford Motor reported sales of its F-Series, which includes the F-150 pickup and its larger

8:42 AM ET Formula One’s governing body is ready to start a process for new teams to enter the championship, president Mohammed Ben Sulayem said on Monday. The move could open the door to American Michael Andretti’s Andretti Global F1 project, which has so far met little encouragement from most existing teams and F1 management.

SEOUL — Hyundai Motor and affiliate Kia forecast that their combined global vehicle sales will jump nearly 10 percent in 2023, even as last year’s sales fell short of target due to supply chain disruptions. The companies sold 6.85 million vehicles in 2022, about 4 percent less than their combined target of 7.16 million vehicles,

10:45 PM ET Alyssa RoenigkESPN Close Alyssa Roenigk is a senior writer for ESPN whose assignments have taken her to six continents and caused her to commit countless acts of recklessness. (Follow @alyroe on Twitter). Pro rally driver Ken Block, the Hoonigan and DC Shoes co-founder who revolutionized action sports marketing and motorsports filmmaking, died

Rivian Automotive beat the Detroit 3 to market with an electric pickup last year, challenging traditional truck orthodoxy with a playful design for high-end buyers. Tesla promises to break the mold entirely this year with its wildly styled Cybertruck. And Lordstown Motors faces its own challenges making an electric work truck in a segment where

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla electric cars in Germany on March 21, 2022. Sean Gallup | Getty Images News | Getty Images Tesla just published its fourth-quarter vehicle production and delivery report for 2022. Here are the key numbers. Total deliveries Q4 2022: 405,278Total production Q4 2022: 439,701Total annual

WASHINGTON — For the second consecutive year, Ford Motor Co. has reported the most U.S. vehicle recalls of any automaker, partial NHTSA data shows. Through Dec. 19, Ford had issued 65 recalls affecting more than 8.6 million vehicles in 2022. In 2021, the automaker issued 53 recalls covering nearly 5.4 million vehicles. The U.S. recall

Peter Boulware, an NFL veteran turned franchised dealer, wants his two Toyota stores to reach top potential before expanding his holdings. The retired Baltimore Ravens linebacker will consider opportunities if they arise but sees no reason to rush. “I’m open to anything, but I’d say I’m really more in the mindset of, ‘I just want

In the discordant, skeptical, argumentative era we’re living in, two words are vital for any discussion: “according to.” The truth is the truth when it comes to business information. Or maybe it isn’t. A trustworthy source is important. Auto industry decision-makers are barraged by facts and near facts. They are preyed upon by assertions and

A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters High interest rates, supply chain problems and recessionary fears were among the major challenges for the global automotive industry in 2022. Those issues aren’t expected to be resolved quickly. There’s growing concern on Wall Street that this year’s

Audi Dominion in San Antonio is one of the top-performing Audi dealerships in the country, averaging more than 100 new vehicles and 170 used vehicles sold a month. Martin Silva, the dealership’s general manager, attributes that success to building a staff that reflects the Alamo City’s diverse population and cultural backgrounds. “When you live in