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1:18 PM ET ZANDVOORT, Netherlands — Media day for the Dutch Grand Prix on Thursday was dominated by talk around the remaining seats on the 2023 grid, with Pierre Gasly increasingly looking like a major player in the driver market. F1 is waiting for clarification from the contract recognition board on whether Alpine or McLaren

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

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

SEOUL/DETROIT – After grabbing the No. 2 spot in the U.S. electric vehicle market with stylish, long-range models, Hyundai Motor and Kia are the automakers with the most to lose from new rules that halt subsidies for EVs made outside North America. These two companies, which make the popular Ioniq 5 and EV6 models, sold

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

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

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

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

BMW AG has started producing the fuel-cell systems for its hydrogen-powered iX5 crossover, moving forward with a climate-friendly alternative fuel that its German rivals don’t expect to be viable in passenger cars. “Hydrogen will become more relevant in individual mobility due to its advantages,” Chief Executive Officer Oliver Zipse said Wednesday at an opening event

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.

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 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

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

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

WILMINGTON, Del./SAN FRANCISCO — A California owner of a Tesla Model 3 sued the electric vehicle maker in a proposed class action over cars suddenly stopping for non-existent obstacles, calling it a “frightening and dangerous nightmare,” according to the lawsuit. Tesla has rushed its autonomous driving cars to market with unsafe technology, including its driver

In this article GOOGL Robert Kyncl, global head of content at YouTube Inc. Patrick T. Fallon | Bloomberg | Getty Images Long-time YouTube executive Robert Kyncl announced on Monday he’s departing the dominant social video platform in the U.S. after more than 12 years at the company. Google President of global customer solutions Mary Ellen

6:56 AM ET The FIA hearing to settle the contract dispute between Alpine and McLaren over Formula 2 champion Oscar Piastri started on Monday. Over the summer break, Alpine released a statement confirming Piastri would replace Fernando Alonso in 2023, only for the Australian to later tweet that he had no contract with Alpine and