AUSTIN, Texas — With the introduction of two of its big haulers here, Lexus is fulfilling two big needs. First, the new TX nameplate gives the luxury brand a larger crossover with comfortable third-row seating to compete with the likes of the Volvo XC90, BMW X7, Audi Q7, Lincoln Aviator and Cadillac XT6. Second, the
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In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT — General Motors CEO Mary Barra said a charging deal with Tesla announced Thursday will save the automaker up to $400 million of a planned investment in building out EV charging in the U.S. and Canada. GM said in October 2021 it planned to
Associated Press Jun 8, 2023, 03:39 PM ET CHARLOTTE, N.C. — Noah Gragson will miss Sunday’s NASCAR race at Sonoma Raceway with concussion-like symptoms from a crash last weekend outside St. Louis. Legacy Motor Club said Thursday that Truck Series driver Grant Enfinger will make his Cup debut as Gragson’s replacement in the No. 42
New-vehicle inventories continue to tick up as the pace of vehicle sales remains healthy despite economic headwinds, according to data from Cox Automotive and the Automotive News Research & Data Center. Cox’s most recent estimate of U.S. inventory is 1,928,619 vehicles, a 52-day supply. That’s up from 1,904,958 vehicles, or a 53-day supply, in the
In this article TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT TESLA logo on a charging station on May 26, 2023. Harry Langer | Defodi Images | Getty Images DETROIT — General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader’s North American charging network and technologies.
Former McLaren technical boss James Key has joined Alfa Romeo in the same role, the team announced on Wednesday. Key, who left McLaren shortly after the start of the season, will begin his new role in September, replacing Jan Monchaux. The move marks a return to the Swiss-based Sauber operation, which currently races under the
Nikola Corp. shareholders are voting in favor to approve a proposal critical to the hydrogen fuel cell truck developer’s survival, but the company still needs more votes to put its plan into action. Although 77 percent of those shareholders voting agreed to double Nikola’s outstanding shares to 1.6 billion from 800 million, the company has
Tesla CEO Elon Musk. Ludovic Marin | Afp | Getty Images Mongolia’s prime minister Luvsannamsrai Oyun-Erdene and Tesla CEO Elon Musk on Monday discussed possible expansion and investments into the Asian country over a virtual meeting. “They discussed the possibility of welcoming Tesla to Mongolia for its electric vehicles battery factory, leveraging the country’s wide
Associated Press Jun 7, 2023, 01:18 PM ET Ed Carpenter Racing on Wednesday ended its relationship with driver Conor Daly effective immediately, and it will announce a new driver for the No. 20 Chevrolet by IndyCar’s next race. Daly has been working with ECR since 2020, but did not run a full season with the
TOKYO — Toyota Motor Corp. could revive the venerable Land Cruiser nameplate in the U.S. as early as next year when it plans to introduce a redesign of the SUV’s little brother, the Land Cruiser Prado. In bringing the rugged truck stateside, Toyota may simply drop Prado from the name and badge it a Land
A sign reads ‘We Buy Used Cars!!’ at an auto dealership on February 15, 2023 in Glendale, California. Mario Tama | Getty Images DETROIT – Wholesale used vehicle prices reached their lowest level of the year in May, as sales fell amid high interest rates and inflated retail prices. Cox Automotive reported Wednesday a 2.7%
Associated Press Jun 4, 2023, 07:02 AM ET DETROIT — IndyCar is throwing two new wrinkles — and a lot of bumps — at its drivers in the Motor City. The Detroit Grand Prix will make its debut on a 10-turn, 1.7-mile downtown street circuit Sunday. One unique aspect that could add intrigue for fans
The Ram brand is getting a new leader. Stellantis on Tuesday said Dodge CEO Tim Kuniskis will also be Ram’s CEO starting July 1. He replaces Mike Koval Jr., who will head the Mopar North America parts unit instead. The change in leadership for Ram, which is Stellantis’ second-largest U.S. brand after Jeep, comes as
Hyundai Motor Co. vehicles are displayed at the company’s Motorstudio showroom in Goyang, South Korea, on Thursday, Oct. 22, 2020. Bloomberg | Bloomberg | Getty Images South Korean automakers Hyundai and Kia are being sued for causing a “public nuisance,” according to a complaint filed in Manhattan federal court. New York City is accusing the two firms of failing to
Max Verstappen strengthened his already commanding F1 title lead with dominant victory at the Spanish Grand Prix ahead of Mercedes pair Lewis Hamilton and George Russell. Verstappen’s lead was only challenged at Turn 1, when Ferrari’s Carlos Sainz got alongside him, but he cantered away into the distance after that. The reigning champion crossed the
Tesla Inc.’s $2.6 billion acquisition of SolarCity in 2016 was “entirely fair” to shareholders, Delaware’s top court ruled, upholding the dismissal of an investor lawsuit and sparing Elon Musk from a potential multibillion-dollar hit. The Delaware Supreme Court on Tuesday ruled that negotiations over the deal “were conducted at arm’s-length, in good faith, with the
With electric vehicle adoption accelerating, so too is the need servicing public charging stations. Unlike fixing an old gas pump, some companies are using technology to both service and learn from the stations, to improve EV charging technology. More than one-quarter of public EV charging stations were found to be nonfunctioning, according to a survey
Laurence Edmondson, F1 EditorJun 4, 2023, 01:05 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 MONTMELO, Spain — After finishing second at the Spanish Grand Prix, Lewis Hamilton said he will meet with Mercedes team boss Toto Wolff on Monday in the hope of advancing his contract talks for next