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In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford’s Chief Financial Officer John Lawler and Linda Zhang, chief engineer for the company’s All Electric F-150 Lightning, participate in the opening bell ceremony at the New York Stock Exchange, April 28, 2022. Brendan Mcdermid | Reuters Ford Motor on Friday named the former chief

Associated Press May 11, 2024, 06:21 PM ET Open Extended Reactions INDIANAPOLIS — Alex Palou won a three-car battle among the leaders on his final pit stop and then Will Power into the first turn on the Indianapolis Grand Prix’s only restart Saturday before pulling away for his second straight win in the race. Palou,

Lower pricing due to softening demand helped April electric vehicle sales at Ford more than double, even as the automaker was shifting resources away from the money-losing unit. Despite the reasons behind the pricing, Freedom Capital Markets auto analyst Michael Ward said Ford’s nearly 130% jump in battery electric vehicle (BEV) sales last month should

Associated Press May 11, 2024, 04:42 PM ET Open Extended Reactions DARLINGTON, S.C. — Justin Allgaier used a dominating performance Saturday to win his first Xfinity race of the season and the third of his career at Darlington Raceway. Allgaier led 119 of 147 laps, sweeping both stages as he finished ahead of Austin Hill

In this article GM .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT American automakers and their non-Chinese counterparts are fighting an existential battle, as local rivals in China outpace them. Chinese companies flush with government investments and subsidies have leapfrogged the competition in electric vehicle technology and software. U.S. automaker sales have fallen dramatically since their

Associated Press May 10, 2024, 06:13 PM ET Open Extended Reactions Two-time IndyCar champion Álex Palou became the fourth different pole winner through four IndyCar races this season with his Friday run at Indianapolis Motor Speedway. It was Palou’s first pole on the Indy road course and the first this season for Chip Ganassi Racing.

Tesla CEO Elon Musk Omar Marques | Getty Images A federal judge in California dismissed a lawsuit filed by Elon Musk’s X against Israel’s Bright Data, in a case that involved the scraping of public online data and its appropriate uses. X, formerly Twitter, sued Bright Data, alleging the company “scrapes data from X” and sells it “using

Associated Press May 9, 2024, 03:56 PM ET Open Extended Reactions INDIANAPOLIS — Arrow McLaren named reigning F2 champion Théo Pourchaire as the permanent replacement driver for the injured David Malukas on Thursday. Pourchaire takes over the No. 6 Chevrolet for Saturday’s Indianapolis Grand Prix and will compete in all remaining IndyCar Series races with

A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. Aly Song | Reuters Chinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top end of its

Associated Press May 9, 2024, 05:49 PM ET Open Extended Reactions INDIANAPOLIS — Marcus Armstrong‘s No. 11 Honda-powered car will come with all the usual trimmings for this weekend’s Indianapolis Grand Prix — speed, sponsors and a shiny new paint job. The second-year driver also will be carrying a message of hope. Chip Ganassi Racing

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.  Apu Gomes | Getty Images Tesla is being accused of taking steps to

Austin Lindberg, Senior EditorMay 9, 2024, 09:33 AM ET Open Extended Reactions Jorge Martín sent the internet abuzz in September with his shoulder-dragging exploits at Catalunya. DAX Images/NurPhoto via Getty Images Fifty-two years ago, Kenny Roberts changed the course of motorcycle racing. The three-time MotoGP world champion from Modesto, California, is widely considered the first to

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GM President Mark Reuss announces a $2.2 billion investment in the automaker’s Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020. Michael Wayland / CNBC DETROIT – General Motors believes it can regain market share in China after

Niamh Lewis May 7, 2024, 02:49 AM ET Open Extended Reactions Adrian Newey has made headlines in Formula One in recent days following the announcement that he will leave Red Bull after almost 20 years in 2025. The decision opens the door to the possibility of joining a new team ahead of F1’s regulation shake-up

Robyn Denholm, chairman of Tesla Inc., speaks during an American Chamber of Commerce in Australia event in Sydney, Australia, on Wednesday, March 27, 2019. Brendon Thorne | Bloomberg | Getty Images Tesla Chairwoman Robyn Denholm has just sold $17.3 million worth of her shares in the electric vehicle maker, according to a filing Monday, bringing

Open Extended Reactions Daniel Ricciardo scored his first points of the season in Miami. Kym Illman/Getty Images MIAMI — Daniel Ricciardo said his sprint race was a “middle finger” statement performance aimed at his recent critics. Ricciardo finished fourth, behind Red Bull’s Sergio Perez and ahead of Ferrari’s Carlos Sainz, who gave the Australian a thumbs

Tesla vehicles sit on the lot at a Tesla dealership in Austin, Texas, on April 15, 2024. Brandon Bell | Getty Images The National Highway Traffic Safety Administration is pressing Tesla for answers about changes the company made to its Autopilot driver assistance system following a voluntary software recall in December that affected about 2

Associated Press May 7, 2024, 09:16 AM ET Open Extended Reactions Roger Penske on Tuesday said he has suspended the president of Team Penske along with three others for two races for their roles in the cheating scandal that has rocked IndyCar ahead of the Indianapolis 500. Penske said in an interview with The Associated

Laurence Edmondson, F1 EditorMay 4, 2024, 06:30 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Fernando Alonso said he will take the matter to the FIA president Mohammed Ben Sulayem. Qian Jun/MB Media/Getty Images MIAMI — Fernando Alonso has accused Formula One’s stewards of being biased against Spanish

Open Extended Reactions MIAMI – Lando Norris said he knew his first Formula One victory was a matter of when, not if, and that he never shared the doubts of his harshest critics. Norris won at the Miami circuit which snakes around the outside of the Hard Rock Stadium, his first in 110 starts. Before

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024.  Jeff Kowalsky | Bloomberg | Getty Images DEROIT – General Motors CEO Mary Barra has been aggressive

Open Extended Reactions MIAMI — Kevin Magnussen could be one penalty away from a race ban following his collision with Williams driver Logan Sargeant. Magnussen clumsily tangled with Sargeant midway through the Miami Grand Prix, an incident that triggered the race-altering safety car that helped propel Lando Norris to a maiden F1 win. The race

Laurence Edmondson, F1 EditorMay 5, 2024, 01:52 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions MIAMI — McLaren team principal Andrea Stella has called on the FIA to clamp down on the “unacceptable” tactics employed by Kevin Magnussen at the Miami Grand Prix sprint race, after the

Associated Press May 4, 2024, 08:11 PM ET Open Extended Reactions KANSAS CITY, Kan. — Christopher Bell put four trying weeks of crashes and misfortune behind him Saturday, posting the fastest time in qualifying at Kansas Speedway to earn the pole for the third time in his last five NASCAR Cup Series visits to the

May 3, 2024, 05:38 PM ET Open Extended Reactions The departure of Formula One’s top designer Adrian Newey from Red Bull is just the tip of the iceberg with other talent at the championship outfit dusting off their résumés, McLaren boss Zak Brown said Friday. The paddock at the Miami Grand Prix has been buzzing

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Supercharger stations near a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Images Tesla shares fell nearly 6% on Tuesday following news that CEO Elon Musk was pressing ahead with more job cuts at Tesla, impacting an

Open Extended Reactions Adrian Newey said he is in no rush to make a decision on his next Formula One move after Red Bull, and he wants to take a break from the sport. The legendary F1 designer has been linked with a sensational move to Ferrari after it was confirmed he will leave the

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT People are shopping at a Tesla store in Shanghai, China, on Feb. 17, 2024. Costfoto | Nurphoto | Getty Images News of electric car giant Tesla’s progress toward rolling out its advanced driver-assistance feature in China isn’t as groundbreaking as investors are treating it, according

Open Extended Reactions Adrian Newey will leave Red Bull in early 2025. Jakub Porzycki/NurPhoto via Getty Images MIAMI — Williams has thrown it’s hat into the ring as a left-field contender for Adrian Newey’s services. F1 design legend Newey will leave Red Bull in early 2025, it was confirmed on Wednesday. Editor’s Picks 2 Related A

Chinese new energy vehicle giant shows off the latest version of its Han electric sedan at the Beijing auto show on April 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese automakers, including state-owned auto giant GAC Group, can’t afford to take it easy in the country’s electric car boom if they want to survive.