In this article TSLA MSFT DIS Follow your favorite stocksCREATE FREE ACCOUNT James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, delivers a speech in London, U.K., on Tuesday, Oct. 15, 2019. Luke MacGregor | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new,
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3:34 PM ET Alpine has rounded out Formula One’s launch season by becoming the tenth and final team to reveal its 2023 car. The Alpine A523 ran on track for the first time during a private shakedown at Silverstone on Monday, but the French team waited until Thursday to reveal the car at an event
A vehicle being moved Wednesday at a Lauderdale Lakes, Fla., auto auction lot struck and injured at least eight people, sending seven of them to the hospital. The crash occurred around 9:30 a.m. Wednesday at South Florida Auto Auction, located near Fort Lauderdale, Fla., after brakes failed on the vehicle being moved, according to a
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. FilmMagic | HBO | Getty Images Tesla is voluntarily recalling 362,758 vehicles equipped with the company’s experimental driver-assistance software, which is marketed
8:12 AM ET Associated Press DAYTONA BEACH, Fla. — Alex Bowman has a new contract and a familiar spot as he chases his first Daytona 500 victory. Bowman received a three-year extension from Hendrick Motorsports on Wednesday that will keep the driver — who won his third career Daytona 500 pole later that night —
DETROIT — Cadillac will reveal three more electric vehicles this year that should enter production in 2024, the luxury brand’s top executive said Wednesday. Rory Harvey, vice president of global Cadillac, declined to share specific details about the vehicles or their segments during a briefing with reporters. He said they would be manufactured in “multiple
In this article BTC.CB= 2330-TW ZE594-CN TSLA ADANIENT-IN Follow your favorite stocksCREATE FREE ACCOUNT People walk along 5th Avenue in Manhattan, one of the nation’s premier shopping streets on February 15, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new,
9:43 AM ET Associated Press INDIANAPOLIS — Tony Kanaan, the 2013 Indianapolis 500 champ, said Wednesday he will compete in IndyCar’s biggest race this May before retiring again. The 48-year-old from Brazil made the announcement on Twitter. 🇧🇷Tem sido uma jornada maravilhosa, mas ainda não acabou. Espero vcs para a última em Maio.•🇺🇸 Let’s do
Ford Motor Co. has identified measures to secure 8 percent margins on its next-generation EVs due at mid-decade but could take years to close an overall cost disadvantage of up to $8 billion against competitors, executives said on Wednesday. The automaker can save up to $2.5 billion this year through better management of production schedules
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan,
7:25 AM ET Associated Press NASCAR Hall of Famer Tony Stewart will return to full-time competition this season — as an NHRA drag racer. Stewart, a three-time NASCAR Cup Series champion, will run a Top Alcohol Dragster for McPhillips Racing for the full 2023 NHRA season. Stewart, who turns 52 in May, will be sponsored
Ford Motor Co. temporarily halted production and shipments of its F-150 Lightning electric pickup over a potential battery issue, the company confirmed Tuesday. The automaker did not disclose the details of the potential issue, although spokeswoman Emma Bergg said an investigation is underway after a vehicle displayed a possible problem as part of the company’s
In this article 175-HK BIDU Follow your favorite stocksCREATE FREE ACCOUNT Visitors look at a Jidu Robo-01 electric SUV during the 20th Guangzhou International Automobile Exhibition at Canton Fair Complex on Dec. 30, 2022 in Guangzhou, China. Zou Wei | Visual China Group | Getty Images BEIJING — Baidu’s ChatGPT-like product is set to come
2:50 PM ET Dale Earnhardt, top, and Dale Jarrett contested one of NASCAR’s all-time-great Daytona 500s in 1993. Bill Frakes /Sports Illustrated via Getty Images The 1993 Daytona 500, run 30 years ago today, is first and foremost a love story. Yes, it was the Dale and Dale Show. Yes, it was the victory that sparked
The auto industry needs lidar to become less expensive and solid state. That’s the assessment of Ouster CEO Angus Pacala as he starts to integrate the operations of the Velodyne lidar business following the closer of a $355 million merger of the two companies last week. The merger between the two companies will provide laser-based
Ford Motor (F)’s decision to halt production and shipments of its electric pickup truck further undermines our confidence in the automaker. We have little patience left for more missteps and are ready to ditch this long-held holding if there isn’t a significant turnaround this quarter. The company on Tuesday announced it had issued a stop-shipment
3:26 PM ET Time is not on Fernando Alonso‘s side but the 41-year-old double Formula One world champion, preparing for a new adventure with Aston Martin, has not given up on adding to his tally of 32 grand prix wins. The Spaniard recognised, however, that it was unlikely to happen in 2023. Alonso has joined
DETROIT — UAW President Ray Curry said restoring the cost-of-living adjustment for the Detroit 3 workers it represents will be among the union’s top priorities in this year’s contract negotiations. Curry, speaking to reporters Monday at a Ford battery plant announcement, said bringing back the automatic COLA raises that the union gave up ahead of