In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Shares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street’s top- and bottom-line expectations for the third quarter and reported declines in revenue, profit and sales compared with a year
Month: November 2022
The 2023 Nissan GT-R Volvo EX90 came into focus, and we drove the 2023 Ford F-150 Raptor R. It’s the Week in Reverse, right here at Motor Authority. Godzilla has returned. The 2023 Nissan GT-R was announced after the supercar took a hiatus for 2022. While reports of the car’s death were exaggerated, no changes were
By William Johnson Posted on November 4, 2022 Tesla has a new Megapack production facility in Lathrop, California, and via a post shared on Instagram, the company shared some impressive statistics. In the post shared on Instagram, Tesla shows off the production of the Megapack already occurring at the facility. The new manufacturing area is
The image arrived in Susan Swenson‘s inbox on a Wednesday evening. Her corporate headshot had been crudely crossed out in digital red ink, and the word “Kill” was written in the bottom left corner. In the hours that followed, some of her colleagues received similar threats, including messages that referenced the recent assassination of former
HAMBURG – Volkswagen on Friday said it has recommended to its brands to pause paid advertising on Twitter until further notice in the wake of Elon Musk‘s takeover of the social media platform. “We are closely monitoring the situation and will decide about next steps depending on its evolvement,” Europe’s top carmaker said in a
12:51 PM ET Associated Press AVONDALE, Ariz. — Jimmie Johnson‘s NASCAR retirement and IndyCar experiment lasted all of two seasons. The seven-time NASCAR champion is returning in 2023 to the series that made him a global motorsports star as the part-owner of Petty GMS. He’ll also enter about five Cup races. Johnson announced that his
Tuesday afternoon police were investigating a fatal accident scene when a completely separate crime took place. A 35-year-old man drove his Jaguar sedan into the crime scene, hit a police vehicle, nearly ran into an officer, and then fled before police caught up with him. Police footage shows the entire incident from start to arrest.
Most dealers keep their new, unsold luxury vehicles far away from mud pits, dirt roads, deep water, jagged rocks and other things that can potentially cause damage. Larry Zinn is not most dealers. Long before the market filled with upscale SUVs, Zinn’s Land Rover stores held yearly events that brought customers into the wilderness to
Heightened raw materials costs, supply chain difficulties and shortages of key materials have sent prices for electric vehicle components rising over the last two years. That has delayed the industry’s quest to bring prices of EVs in line with those of gasoline-powered vehicles by at least a couple of years, said Jamie Fox, principal analyst
In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT Source: NYSE Shares of Carvana posted their worst day on record Friday after the company missed Wall Street’s top- and bottom-line expectations for the third quarter as the outlook for used cars falls from record demand, pricing and profits during the coronavirus pandemic. The stock
The UK auto market is on course to face its toughest year since 1982 as the country reels from a cost-of-living squeeze and surging inflation, together with the impact of persisting chip shortages across the globe, the Society of Motor Manufacturers and Traders (SMMT) said. The warning came as the group released monthly data showing
Several automakers have been quick to reevaluate their advertising relationships with Twitter now that the social media giant is controlled by one of their most significant competitors: Tesla Inc. CEO Elon Musk. Here’s what some have said so far. Volkswagen Group: The German automaker said Friday that it has recommended its brands pause paid advertising
10:00 AM ET One of Joey Logano, Ross Chastain, Chase Elliott and Christopher Bell will be crowned 2022 NASCAR Cup Series champion on Sunday in Phoenix. Sean Gardner/Getty Images After nine months, 35 points-paying races, two exhibition events, 19 different race winners, paddock parity like we’ve never seen before and nearly as much controversy as there
We’ve all experienced moments of frustration behind the wheel. Oftentimes those moments come in traffic and I for one have heard people say “I wish I had a big truck so I could just run people off of the road.” While those hyperbolic comments aren’t healthy, the video below seems to show someone who had
Dealer associations in at least 13 states say Ford Motor Co. is unfairly burdening its retail network with costly requirements for electric vehicle sales and breaking some franchise laws. Officials in Pennsylvania, Virginia, North Carolina and other states have written to Ford calling for significant change to one of CEO Jim Farley’s signature initiatives, which
The auto industry is evolving at a rapid pace and connecting across adjacent businesses more than ever. Our upcoming Automotive News Congress events in Los Angeles and Detroit are perfect opportunities to learn from — and network with — a wide array of top executives and experts leading this transformation. In Los Angeles on Nov.
German crane maker Sennebogen last week debuted a 50-metric-ton electric telescopic crawler crane – the first battery-powered crane in its weight class. Telescopic crawler cranes are used to lift materials with a hydraulic winch and by raising and lowering the boom – aka pick and carry. They have excellent maneuverability on difficult terrain. The 653 E
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 2, 2022 in New York City. (Photo by Gotham/Getty Images) Gotham | Getty Images Since Tesla CEO Elon Musk announced his bid to