Despite its impressive acceleration and spacious cargo area, a Tesla Model X turned out to be a poor getaway vehicle for a duo accused of stealing electronics from a Sam’s Club store in Georgia. The suspects were caught when they stopped to recharge the electric vehicle 10 miles away, Gwinnett County police told Insider last
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4:13 PM ET Associated Press AVONDALE, Ariz. — Kyle Larson won the pole Saturday for the NASCAR Cup Series’ United Rentals Work United 500 at Phoenix Raceway on Sunday. Larson’s 130.237 mph lap in his No. 5 Chevrolet was another positive for Hendrick Motorsports, which finished 1-2-3 in Las Vegas last weekend, led by race
Lamborghini is lifting the wraps on some powertrain specs for its first plug-in hybrid supercar, set to be unveiled this month in Europe. The as-yet-unnamed sports car will rely on a newly engineered, midmounted, naturally aspirated 6.5-liter V-12 engine coupled with three electric motors, Lamborghini says. One will be mounted transversely and integrated into the
Gotion Inc.’s multibillion-dollar electric vehicle battery factory proposal in Michigan has swelled by 1 million square feet and 200-300 additional jobs despite lingering uncertainty that the project will even happen. The Chinese battery parts manufacturer has presented a revised plan to local officials that would increase its initial footprint by a third, calling for the
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Rivian Automotive plans to raise $1.3 billion in cash via a sale of convertible notes, joining a growing list of EV
DETROIT — Job cuts and buyouts to speed up attrition in General Motors‘ U.S. salaried work force are just the start of a crusade to eliminate $2 billion in expenses through the end of next year. The belt tightening at the nation’s largest automaker is not happening at a time of financial stress, as in
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan.
6:43 PM ET Associated Press Jenson Button will make his NASCAR debut later this month at Circuit of the Americas, the first of three Cup Series races scheduled for the former Formula One world champion. Button puts two former F1 champions in the field for the March 26 race on the permanent road course in
TOKYO – Rebounding Mitsubishi Motors will pour more than $10 billion into electrified vehicles and battery production through 2030 as it expands its battery-powered lineup in advanced markets such as North America, partly by leaning on help from Nissan and Renault. CEO Takao Kato unveiled the push Friday while announcing a new mid-term plan. The
gilaxia If you’re in the market for a new car, be prepared for the possibility of paying more than sticker price. The average new-car price in February was $45,296, compared with an MSRP of $41,637, according to the iSeeCars report. An estimated 31% of new vehicles were sold above MSRP last month, according to a
9:02 AM ET Chase Elliott broke his leg snowboarding last week, keeping him out of Sunday’s Pennzoil 400 in Las Vegas. Sean Gardner/Getty Images People are going to be people. Racers are going to be racers. Chase Elliott? He was doing nothing more than being Chase Elliott. That’s how the 2020 NASCAR Cup Series champ broke
Premier Automotive of New Orleans entered two states in separate first-quarter transactions that combined added four stores to the auto retailer’s portfolio. Premier on Feb. 22 purchased Freedom Ford of Claypool Hill in Pounding Mill, Freedom Ford of Wise and Freedom Chevrolet of Big Stone Gap, all in Virginia. The names remain the same for
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – General Motors will offer voluntary buyouts to a “majority” of its 58,000 U.S. white-collar employees, as it aims to cut $2 billion in structural costs over the next two years, according to a letter sent to workers Thursday from CEO Mary Barra. The “Voluntary
1:07 PM ET Associated Press Kimi Räikkönen will again enter a NASCAR Cup Series race, this time at Circuit of the Americas, where the Finnish driver scored the final victory of his Formula One career in 2018. Räikkönen will again race for Trackhouse Entertainment Group in its special Project91 entry that is designed to give
Massachusetts‘ newly elected Attorney General Andrea Campbell said she intends to enforce the state’s updated right-to-repair law in June, according to a court filing made public Wednesday. Campbell, who assumed office in January, said in the filing that terminating her office’s non-enforcement stipulation is “in the public interest” and would take effect June 1. Former
In this photo provided by the Contra Costa County Fire Protection District, firefighters are seen at the scene of a fatal accident involving a Tesla and Contra Costa County fire truck on Feb. 18, 2023, in Contra Costa, California. Contra Costa County Fire Protection District Federal vehicle safety regulators initiated a new, special crash investigation
3:30 PM ET Associated Press Meyer Shank Racing has fired the technical director for its sports car team after IMSA ruled Wednesday the team manipulated tire pressure data while winning the season-opening Rolex 24 at Daytona. IMSA said that Honda Performance Development self-reported the manipulation after the results of the January race were official. IMSA
Ram this month will show dealers a model of a potential midsize pickup that they can touch, the brand’s CEO said Wednesday. CEO Mike Koval Jr. told Automotive News that the concept would be in the form of a “physical property,” not just a sketch or rendering. Koval revealed during an interview at the Detroit