A shooting Wednesday at an automotive supplier plant near Detroit left one man dead, according to police. An argument among employees began Wednesday morning inside the Forvia plant in Highland Park, Mich., before spilling out into the gated parking lot where shots were fired, said Deputy Chief Darrell Patterson of the Highland Park Police Department.
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT Corey Williams, plant manager at Ford’s Dearborn Truck Plant and Rouge electric vehicle center, outlines the automaker’s production plans for the F-150 Lightning electric pickup during a facility tour on Dec. 13, 2022. Michael Wayland | CNBC DEARBORN, Mich. — Ford Motor has added a
4:37 AM ET McLaren appointed Andrea Stella as Formula One team principal on Tuesday in a move hastened by his predecessor Andreas Seidl joining Sauber as replacement for Ferrari-bound Frederic Vasseur. Sauber run the Alfa Romeo team, which will become the factory Audi outfit in 2026. The post-season management merry-go-round came after Mattia Binotto handed
Volkswagen Group has appointed new bosses for the automaker’s quality and design divisions to speed up decision-making and improve coordination between the VW, Audi and Porsche brands. Effective Jan. 1, Michael Neumayer will be in charge of VW Group’s quality management division while retaining his position as Audi’s head of quality. He will replace Frank
Westend61 | Westend61 | Getty Images In the latest inflation reading, used cars are one of the few categories with prices that are lower than they were a year ago. While the consumer price index — which measures price changes for a variety of consumer goods and services — was up 7.1% in November from
9:17 AM ET Fred Vasseur’s move to Ferrari was the headline item from this week’s Formula One management merry-go-round. There were four moves in under 24 hours. After Jost Capito left his role at Williams on Monday, three followed on Tuesday — Vasseur’s expected move to Ferrari as Mattia Binotto’s replacement, and McLaren’s decision to
Longtime Georgia dealer Jim Ellis, founder of his namesake auto group, died Friday at his Duluth, Ga., home, just weeks after his son Jimmy Ellis, the company’s CEO, died, the Ellis family said. Jim Ellis was 90. No cause of death was shared. All Jim Ellis Automotive locations will close Wednesday for his funeral, according
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand opening party in Austin, Texas, on April 7, 2022. Suzanne Cordeiro | AFP | Getty Images Shares in electric vehicle maker Tesla have fallen 28% since October 27, when
5:25 AM ET McLaren’s Andreas Seidl has joined the Sauber Group as CEO in a surprise move which will see him oversee its Formula One partnership with Audi in 2026. The move was confirmed on a busy Tuesday in F1, which saw Fred Vasseur leave the Alfa post to join Ferrari as team boss for
Stellantis said Tuesday it is recalling 1.4 million pickups worldwide because tailgates might not latch properly and could open while driving. The automaker said the recall covers various 2019 through 2022 model year Ram 1500, 2500, and 3500 trucks. The company said it has no reports of crashes or injuries but more than 800 warranty
In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2022 Ford F-150 Lightning Ford DETROIT – The electric Ford F-150 Lightning on Tuesday was named MotorTrend’s 2023 truck of the year – topping traditional pickups with internal combustion engines from General Motors, Stellantis and Toyota Motor. The prestigious title and accompanying “Golden Caliper” award
9:24 AM ET Associated Press Tony Stewart‘s Superstar Racing Experience is moving to ESPN and a new night as the network plans to use the all-star summer racing series to revitalize its “Thursday Night Thunder.” ESPN said Monday it signed a multiyear agreement with Superstar Racing Experience that begins in July. SRX will air on
Megaretailer Asbury Automotive Group Inc. divested nine dealerships on Dec. 5, selling the North Carolina stores to Hudson Automotive Group of Charleston, S.C., according to Hudson President David Hudson. Representatives from Asbury Automotive didn’t immediately return calls seeking comment. Hudson told Automotive News that his company bought six dealerships from Asbury in Greensboro, N.C., representing
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images DETROIT – General Motors may be transitioning to an all-electric future, but its recent vehicle fleet ranked among the least efficient
Despite widespread electric vehicle buzz, studies show most Americans have never been EV passengers, let alone drivers. Their most likely first experience? A rental car, said Gregory Scott, spokesperson for the American Car Rental Association. Car rental companies are committing to sustainable mobility, Scott said. It’s an important statement, as the American Car Rental Association’s
In this article RIVN MBG-DE MBG-FF Follow your favorite stocksCREATE FREE ACCOUNT A Rivian logo on an Amazon.com delivery electric van photographed in Chicago, Illinois, on July 21, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Rivian said Monday it was pausing plans to manufacture electric commercial vans in Europe and would “no longer
Self-driving technology is mired in a slump. Argo AI, one of the leading companies developing robotaxis, closed in October. Some companies have been battered in public markets, bringing the specter of a delisting from stock exchanges. Two substantial crashes renewed concerns about overall safety in 2022. Some companies see a path through this Trough of
HIROSHIMA, Japan — CEO Akira Marumoto is steering longtime internal combustion stalwart Mazda Motor Corp. through a delicate shift into the age of electrification. Marumoto previewed the transition last month in a three-phrase business plan running through 2030. Using that road map, Mazda will plow ¥1.5 trillion ($11.07 billion) into electrification with a string of