Maybe fleet sales aren’t so bad after all. U.S. light-vehicle deliveries rose 8.5 percent in the first quarter of 2023, according to the Automotive News Research & Data Center, as an easing of the global microchip shortage improved inventories for most brands. General Motors and Hyundai Motor Group each posted double-digit gains, even as transaction
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In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT 2025 Ram 1500 REV electric pickup truck Ram NEW YORK — An upcoming Ram electric pickup truck from Stellantis will offer up to 500 miles of driving range when fully charged, the automaker said Wednesday as it officially revealed the vehicle. That range would top
7:00 PM ET Formula One will feature a new sprint format at the Azerbaijan Grand Prix after unanimous agreement among the teams to make a change. Pending official ratification of the change, F1 is dropping Saturday’s practice session, which usually precedes the sprint race, in favour of a standalone qualifying session for that event. It
CARLSBAD, Calif. — When it arrives in U.S. dealerships in June, the new 2023 Toyota Corolla Cross Hybrid won’t be the cheapest new Toyota with a fuel-saving hybrid powertrain. But it will be No. 2 — and the least expensive one that’s not a sedan. Starting at $29,305 including shipping, the 2023 Corolla Cross Hybrid
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT JB Straubel, Tesla Motors’ former chief technical officer, speaks during a ribbon cutting for a new Supercharger station outside of the Tesla Factory on August 16, 2013 in Fremont, California. Justin Sullivan | Getty Images Tesla has nominated JB Straubel, the CEO and founder of
11:49 AM ET NASCAR Cup Series team owners boycotted a meeting with the series Wednesday. David J. Griffin/Icon Sportswire via Getty Images NASCAR‘s kumbaya has been replaced by a record scratch. And a boycott. This feels like a bad idea. Remember 2020? That’s when the pandemic shuttered the world, but it was NASCAR, bunkered in with
LOS ANGELES — Electric vehicle maker Polestar is witnessing the downside of the “asset-light” strategy that is key to its rapid growth plan. To operate fast and easy, Polestar is reliant on global partners to help produce its models. But when those partners can’t deliver according to plan, Polestar’s strategy can kneecap its growth. That
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart logo is seen on the shop in Streator, United States on October 15, 2022. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Jakub Porzycki/ | Nurphoto | Getty Images Walmart announced Thursday it plans to add electric vehicle charging stations to thousands of U.S. stores
Lucid Motors layoffs are hitting across all levels of the electric vehicle startup, including its head of customer experience, Len Devanna, who announced his exit on social media. “During my two plus years with the company, I’ve had the pleasure of working with one of the most passionate and dedicated groups of people,” Devanna wrote
In this article .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT 2024 Kia EV9 Courtesy: Kia Motors NEW YORK — Korean automaker Kia on Wednesday unveiled the U.S. version of its upcoming EV9, a three-row electric SUV that will serve as the brand’s flagship model when it launches late this year. The EV9 is a midsize
NEW YORK — Jeep is upping the comfort and technology in the 2024 Wrangler as the venerable nameplate jousts with the Ford Bronco. The refreshed Wrangler SUV is getting a quieter cabin and power seats in the front row on top trim levels, standard wireless Apple CarPlay and Android Auto, a larger 12.3-inch touch screen
2024 Jeep Wrangler Rubicon X 4xe Jeep Jeep is updating its flagship Wrangler SUV with more capability, technologies and features as it battles for off-road buyers against Ford’s newer Bronco. The 2024 Jeep Wrangler features an evolutionary exterior design, which is typical for the quintessential SUV, and a redesigned interior that includes additional safety, convenience
NEW YORK — General Motors is adding some options near the bottom of the price spectrum at a time when consumers are increasingly struggling to afford a new vehicle. Average transaction prices for the Detroit 3, with their mammoth pickups, have soared. GM’s average transaction price was $51,808 in the first quarter, up 2.3 percent
Electric vehicles will play a critical role in slashing transport-related emissions in the years ahead. Momentum behind the industry is building, with a number of big economies gearing up for the mass rollout of EVs and sales of electric cars hitting 6.6 million in 2021, a record, according to the International Energy Agency. Not all countries will move
8:41 AM ET George Russell suggested Red Bull has not shown its true pace advantage this year because of fears Formula One will step in to slow them down. The Mercedes driver’s prediction of Red Bull winning all 23 races this year is still on, with the reigning world champions going three-from-three to kick off
Nikola Corp.‘s plan move to ramp up production of semitrucks powered by electric batteries and hydrogen fuel cells will be costly. The Phoenix company is expected to raise $100 million for “working capital and other general corporate purposes” through a secondary stock sale of roughly 90 million shares. The sale is expected to close by
In this article F GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – General Motors pulled ahead of Ford Motor to become the country’s second best-seller of all-electric vehicles during the first quarter, trailing only industry leader Tesla. GM on Monday said it sold 20,670 EVs during the first three months of the year. Ford,
Genesis presented a four-passenger, coupe-style version of the GV80 crossover as a design concept in the run-up to the New York Auto Show that kicks off Wednesday. The automaker said the concept “serves as a statement of intent for the future, hinting towards more emotional and performance-oriented models.” It was unveiled late Monday at the