In this article FSR Follow your favorite stocksCREATE FREE ACCOUNT Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023. Courtesy: Fisker Electric vehicle startup Fisker on Friday reported a second-quarter loss that was narrower than expected, despite struggling to get the electric Ocean SUV into full production during the period
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The UAW is seeking a four-year, eight-month contract with the Detroit 3 that would expire on May 1, 2028 — International Workers’ Day — according to people familiar with the union’s thinking. The symbolic date, also known as May Day, celebrates the achievement of the international labor movement and would shift contract negotiations to the
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola TRE FCEV2 Courtesy: Nikola Electric truck maker Nikola said on Friday that its CEO, Michael Lohscheller, will step down effective immediately due to a “family health matter.” Nikola’s current board chair, former General Motors vice chairman Steve Girsky, will take over as CEO. Lohscheller
Associated Press Aug 3, 2023, 06:57 PM ET NASHVILLE, Tenn. — IndyCar loves racing through the streets of Music City so much that the series is making Nashville the final race of the season and the stage for its annual awards starting in 2024. Mark Miles, president and CEO of Penske Entertainment Corp., announced Thursday
DETROIT — The UAW is seeking from the Detroit 3 automakers a more than 40 percent pay raise for its workforce, according to people with knowledge of the union’s demands. The gains would include a 20 percent raise upon ratification, followed by 5 percent raises each year of the four-year deal, according to the people,
An XPeng Inc. G9 electric vehicle at the Shanghai Auto Show in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Images Global electric vehicle makers are tapping advanced technology to vie with each other and domestic brands in the intensively competitive Chinese market. China is the world’s largest EV market
Hazel Southwell Aug 3, 2023, 09:11 AM ET Kalle Rovanperä became the World Rally Championship’s youngest-ever champion when he won the 2022 title at 22 years old. Jaanus Ree / Red Bull Content Pool The motorsport world is full of ridiculously young defending world champions. Max Verstappen defending a second title at 25 years old, though,
Cars.com saw further dealership churn in its digital marketplace during the second quarter, though web traffic grew, the dealership technology company said. Net income reached $94.1 million for the quarter ending June 30, up from $5.5 million in the period a year earlier. The company attributed the gain primarily to a one-time release of a
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Co. fuel powered F-150 trucks under production at their Truck Plant in Dearborn, Michigan on September 20, 2022. Jeff Kowalsky | AFP | Getty Images Ford Motor said that its U.S. sales rose 5.9% in July from a year ago, as demand for
Chevrolet has decided not to build an entry-level 1LT trim on the new 2024 Blazer EV, pushing the starting price of the electric midsize crossover above the $45,000 mark it originally was targeting. A front-wheel-drive version of the Blazer EV 2LT, scheduled to arrive next year, will be the base model instead, Chevy said. Blazer
In this article EVGO Follow your favorite stocksCREATE FREE ACCOUNT A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California. Justin Sullivan | Getty Images EV charging network operator EVgo on Wednesday reported second-quarter revenue that beat Wall Street’s expectations and posted a narrower-than-expected loss, as more EV drivers used its
The Fremantle Highway, the car carrier ship that caught fire off the Dutch coast last week, could generate a cargo loss of more than $330 million, said Patrick Anderson, an economist with Anderson Economic Group. “It does appear after multiple days of fire that it is likely that all of the cars are a total
In this article XPEV 9868-HK Follow your favorite stocksCREATE FREE ACCOUNT An XPeng Inc. G9 electric vehicle at the Shanghai Auto Show in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Images Xpeng shares fell around 5% on Wednesday after the company announced its head of autonomous driving will leave
SALT LAKE CITY — Toyota‘s venerated Land Cruiser nameplate rejoins the brand’s U.S. lineup next year in a trimmed-down and less-expensive form much closer to the off-roader’s roots than its bloated predecessor, which had evolved to overlap similar body-on-frame Lexus models. The 2024 Toyota Land Cruiser will be smaller, more nimble and equipped with a
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images Ford Motor said Tuesday the factory that builds its electric F-150 Lightning pickup has reopened
Ryan McGee, ESPN Senior WriterAug 1, 2023, 08:34 AM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year To celebrate NASCAR’s 75th anniversary, we’re detailing our 75 favorite things about the pinnacle of stock car racing. Illustration by ESPN We are closing in on
Uber Technologies Inc. reported its first operating profit, fueled by demand for rides and delivery and marking a significant milestone as the company seeks to move beyond its cash-burning past. The results showed that trips in the U.S. and Canada have recovered to pre-pandemic levels, while delivery demand hit an all-time high despite increased costs
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla car dealership in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images The National Highway Traffic Safety Administration has opened a new investigation into Tesla over steering control problems and loss of power steering in 2023 Model 3 sedan and Model Y