In this article F 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Friday said its U.S. sales last month increased double-digits from a year earlier but were off about 4% from the prior month, as the company and auto industry continue to manage significant supply chain issues. The Detroit automaker reported August
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7:51 AM ET ZANDVOORT, Netherlands — McLaren’s Lando Norris has denied suggestions of a rift between himself and outgoing teammate Daniel Ricciardo. Comments made by Norris after Ricciardo’s exit was confirmed by McLaren caused a big backlash on social media last week. Norris said he had no sympathy for the struggles Ricciardo had encountered with
WASHINGTON — Electric vehicles, although subject to unique crashworthiness challenges, can generally lean on crash tests designed for vehicles with internal combustion engines. Whether a vehicle is powered by a combustion engine, a battery or a combination of the two, the stored energy poses a potential safety hazard in a crash and, therefore, certain precautions
Newsday Llc | Newsday | Getty Images In pre-pandemic years, Labor Day sales events offered generous discounts on new cars as dealerships aimed to clear out current-year models and start selling the next year’s versions. These days? Not so much. related investing news Goldman Sachs says brace for an even bigger housing downturn Carmen Reinicke
1:00 PM ET Can Kyle Larson win the NASCAR Cup Series for the second consecutive season? Peter Casey-USA TODAY Sports Welcome to the NASCAR playoffs! Helpful hint: Don’t call it the Chase. And don’t dare call it the Playoff, singular. That’s what they do over in college football, where only four teams are in the College
Instead of spending millions of dollars trying to defeat right-to-repair laws, automakers should save their money, says global research and consulting firm Ducker Carlisle. State laws, and eventually a national one, inevitably will be approved by voters, a Ducker Carlisle survey shows. But the firm’s research also found dealerships may not lose customers, as most
In this article XPEV LI 2015-HK NIO 9866-HK 9868-HK Nio managed to grow deliveries of its electric vehicles in August versus July. However, rivals Li Auto and Xpeng saw a sharp fall in deliveries. EV players continue to face supply chain disruptions for the resurgence of Covid in China as well as weaker consumer demand
8:21 AM ET Fernando Alonso plans to apologise in person to Lewis Hamilton at this weekend’s Dutch Grand Prix after calling the seven-time champion an “idiot” following a collision at last weekend’s Belgian Grand Prix. Hamilton and Alonso made contact while fighting for position at Les Combes on the first lap of the race. Hamilton
U.S. auto sales at Hyundai and Kia rose by double-digits last month compared to August 2021, ending a stretch of five straight monthly declines at the Korean brands, as the industry’s chronic inventory shortage slowly eases. Volume rose 14 percent at Hyundai and 22 percent at Kia behind strong retail demand for crossovers, EVs and
In this article TM TSLA VOW-DE A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images Automotive giant Toyota said Wednesday it would invest an extra $2.5 billion in a U.S. facility that
Private equity firm One Planet Group has completed its acquisition of dealership marketing company AutoWeb Inc., which no longer will be publicly traded. Walnut Creek, Calif.-based One Planet Group said Wednesday that AutoWeb — a provider of consumer leads to auto dealerships — will operate as a standalone business within One Planet’s portfolio. “I am
The Robert Bosch GmbH logo sits on the exterior of Messe Stuttgart exhibition center as automobiles pass in Stuttgart, Germany, on Monday, July 18, 2016. Michael Nagle | Bloomberg | Getty Images German auto supplier Bosch said Wednesday it will invest more than $200 million to build fuel cells for electric trucks in South Carolina.
4:06 AM ET Lewis Hamilton literally put a cap on a verbal spat with Formula One rival Fernando Alonso in a teasing social media post on Tuesday. Alonso, a former team mate and fellow world champion, had branded the Briton an idiot after a first-lap collision at last Sunday’s Belgian Grand Prix. Mercedes’ seven-times world
Bosch Group said it will invest more than $200 million to produce fuel cell stacks in its South Carolina facility, as the German company accelerates its transition to electrification. Bosch, the world’s largest auto supplier, said on Wednesday it will expand its existing Anderson facility to support fuel cell production, which is planned to start
In this article TSLA An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla violated workers’ rights when it told employees they couldn’t wear shirts with pro-union insignia at the factory, The National Labor Relations Board ruled in a decision out Monday. The
Tom Pappert, a longtime Chrysler sales executive who earned a reputation as an outspoken advocate for dealers both during and after his tenure, died Monday in suburban Detroit after a three-year battle with cancer. He was 82. A native of Pittsburgh and a graduate of Duquesne University, Pappert joined Chrysler in 1962 as a trainee
In this article NKLA NKLA LCID Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle makers Lucid Group and Nikola are moving to raise additional funds, as both companies aim to boost production amid sharply
Nikola Corp. said on Tuesday it may sell shares to raise up to $400 million, as the electric truck maker looks to complete its acquisition of Romeo Power Inc. and ramp up production amid rising costs. The company, which is grappling with higher labor and raw material costs due to decades-high inflation and the Russia-Ukraine
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