In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images A San Francisco federal jury has ordered Tesla to pay $3 million in punitive damages and $175,000 in economic damages to Owen Diaz,
News
5:26 AM ET MELBOURNE, Australia — Formula One has always been a complex sport, but the chaos of the final few laps at the Australian Grand Prix even left some drivers and team bosses confused. In the space of the last four laps, the race was red flagged twice, resulting in one standing restart, four
Toyota Motor North America’s sales fell 9.1 in March to 176,456 as declining sales at the Toyota brand dragged down a positive month at Lexus. For the first quarter, the automaker’s sales fell 8.8 percent to 469,558. Brands: Toyota, down 12%; Lexus, up 12%; in first quarter, Toyota, down 11%; Lexus, up 6%. Notable nameplates:
Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. The Tesla plant was opened and put into operation on March 22, 2022. Patrick Pleuil | Picture Alliance | Getty Images Tesla shares fell more than 7% on Monday after the company’s quarterly deliveries report led
2:56 PM ET Associated Press FORT WORTH, Texas — Josef Newgarden won at Texas Motor Speedway on Sunday for the second consecutive year when a thrilling wheel-to-wheel battle with Pato O’Ward came to a sudden halt by a crash behind them. Newgarden and O’Ward — at one point the only two drivers on the lead
As accelerated dealership consolidation reshapes the auto retail landscape, Automotive News‘ annual ranking of the top 150 dealership groups based in the U.S. is changing, too. The groups on the list commanded a bigger percentage of the U.S. industry’s new light-vehicle sales in 2022 and held a growing share of the U.S. dealership count, according
In this article 1211-HK ZE594-CN TSLA NIO 9866-HK XPEV 9868-HK LI 2015-HK Follow your favorite stocksCREATE FREE ACCOUNT Chinese electric car startup Li Auto saw deliveries surge by nearly 66% in the first quarter from a year ago. Zhang Peng | Lightrocket | Getty Images BEIJING — Chinese electric car brand Li Auto delivered more
9:53 AM ET MELBOURNE, Australia — Haas’ protest over the result of the Australian Grand Prix has been thrown out by the FIA’s stewards, meaning the race classification is now official. The race finished with two red flags in the last four laps — the first of which led to a messy restart on lap
The 2023 Dodge Challenger SRT Demon 170 is so focused on performance that a sunroof doesn’t jibe with the muscle car’s spirit. Those looking to throw down $98,261 — and likely much more after markups — for a Demon 170 will have to pay a $9,995 premium to get a sunroof in their 1,025-hp speedster.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Superchargers are seen at a charging station on March 17, 2023 in Beijing, China. Vcg | Visual China Group | Getty Images Tesla on Sunday posted its first-quarter vehicle production and delivery report for 2023. Here are the key numbers from the electric vehicle maker:
6:03 AM ET MELBOURNE, Australia — Seeing the top three drivers get out of their cars after qualifying session at the Australian Grand Prix, you’d be forgiven for being transported back to 2021. A Red Bull driver on pole followed closely by two Mercedes cars is nothing new in F1, but in the context of
DETROIT — The UAW’s International Executive Board — fractured into different ideological camps for the first time in more than 70 years — attempted to project unity at the union’s quadrennial bargaining convention here as it heads into consequential contract talks with the Detroit 3 later this year. But for all the talk of solidarity
Ben Hasty | MediaNews Group/Reading Eagle via Getty Images The Treasury Department on Friday proposed new rules for determining which EVs will be eligible for tax credits under the new “critical mineral” and battery component requirements included in last year’s Inflation Reduction Act. While the Treasury Department hasn’t yet said which vehicles are eligible for
2:45 AM ET MELBOURNE, Australia — Sergio Perez says a technical issue affecting the brake balance on his car was to blame for his early exit in qualifying for the Australian Grand Prix. The Red Bull driver ran wide at Turn 3 after locking up under braking on his first flying lap in qualifying. The
Hyundai and Kia racked up more U.S. sales gains in March, setting records for the month, as inventories continue to improve across the industry. Volume rose 27 percent to 75,404 last month at Hyundai, with retail deliveries increasing 15 percent to 68,312. Hyundai said sales to fleet customers represented 9.4 percent of March volume. The company
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said that its planned $100 million secondary stock offering, announced on Thursday after U.S. markets closed, has priced at $1.12 per share – 20% below the stock’s closing price of $1.40. Shares fell more
12:55 AM ET The feeling may not be mutual but former Formula One racing director Michael Masi is open to meeting with Mercedes more than a year after losing his job over the controversial 2021 title-decider in Abu Dhabi. Mercedes driver Lewis Hamilton missed what would have been a record eighth title after Masi changed
Disclaimer: This TV show will be a dramatization of real events. Who better to portray a heavyweight in the auto industry than a heavyweight in the entertainment industry? “Fall of the God of Cars,” a six-part dramatic TV miniseries on former Renault Nissan boss Carlos Ghosn and his Great Escape to Lebanon from Japanese custody,