In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio on Thursday reported a loss of $577.9 million for the third quarter, significantly
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GRAZ, Austria — Fisker Inc. is poised to begin production next week as promised a year ago, although some features, including those that are common on many competing vehicles, may not be ready until 2024. Early next year, the company plans to add lane-keep assistance, blind-spot monitoring and automatic high beams to its launch edition
In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images Asked on Wednesday whether Tesla, SpaceX and Twitter CEO Elon Musk posed a threat to national security, President Joe Biden said that the centi-billionaire’s “relationships with other
6:04 AM ET The head of Formula One’s governing body warned on Tuesday that online abuse, including death threats, against volunteers and officials would destroy the sport if left unchecked. International Automobile Federation (FIA) President Mohammed Ben Sulayem said a female steward recently received death threats while staff had been targeted with harassment and hate
Three dealership groups expanded their portfolios in second- and third-quarter transactions, while a Tennessee dealership group added a second store of the same import brand and shedded two Stellantis outlets. Here’s a look at the deals involving import and domestic stores and dealerships in Oklahoma, Tennessee, Virginia, Missouri and South Carolina. One transaction involved a
In this article LAZR Follow your favorite stocksCREATE FREE ACCOUNT Volvo EX90 Volvo Volvo’s plans to exclusively sell all-electric vehicles by 2030 kicked off Wednesday with the reveal of its EX90 – the first in a new lineup of EVs for the Swedish automaker. The carmaker is calling the seven-seat SUV its new flagship vehicle,
3:45 AM ET Seven-times Formula One world champion Lewis Hamilton was made an honorary citizen of Brazil on Monday by the country’s lower house of Congress and dedicated it to his boyhood idol, the late Brazilian triple world champion Ayrton Senna. “I feel like now I’m one of you,” the Mercedes driver said in a
Lucid Group Inc. reported a third-quarter net loss of $670 million but reiterated its production goal of 6,000 to 7,000 units of its Air electric sedan this year after dealing with supply chain issues and growing pains as an EV startup. The company’s stock price fell 13 percent to $11.79 in after-market trading after Lucid
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT A user checks a Twitter feed. Christ Ratcliffe | Bloomberg | Getty Images Twitter product executive Esther Crawford revealed details about the way the social network’s new verification scheme will work on Tuesday, following the company’s acquisition by Tesla and SpaceX CEO Elon Musk in
12:20 PM ET Max Verstappen and Red Bull will talk to Sky Sports as normal at the Brazilian Grand Prix, despite a boycott of the broadcaster at last month’s Mexican Grand Prix. Verstappen did not talk to Sky’s channels on Saturday or Sunday at the Mexico City race, citing what he considered to be disrespectful
Lucid Group Inc. is expected to post a big rise in third-quarter revenue after significantly ramping production and deliveries in recent months. When the California EV maker reports results after the market close Tuesday, it’s also expected to provide an update on supply-chain disruptions and quality issues that have held back production of its Air
In this article TRU Follow your favorite stocksCREATE FREE ACCOUNT Sefa Ozel | Istock | Getty Images With inflation cutting into the budgets of Americans, a growing percentage of people with auto loans are struggling to make their monthly payments. TransUnion, which tracks more than 81 million auto loans in the U.S., said Tuesday the
12:00 PM ET The finale of the 2022 NASCAR Cup Series season wound up being a nearly perfect summation of the imperfect campaign that it had just wrapped up. A most apropos period stamped at the end of a story that had been written since the first green flag was waved over NASCAR’s 74th season,
One indicator of wholesale used-vehicle prices fell again in October to mark five straight months of decreases. Cox Automotive said Monday that its Manheim Used Vehicle Value Index — a measurement of wholesale used-vehicle prices Manheim puts together by tracking vehicles sold at its U.S. auctions and applying statistical analysis to those numbers — fell
Krisztian Bocsi | Bloomberg | Getty Images The Port of Bremerhaven, the main roll on/roll off port in Germany and one of the largest automobile hubs in the world, is experiencing gridlock. The combination of the lack of drivers to move containers and cars out of the port and high volumes of regular trade is
Lucid Group Inc. filed a federal lawsuit in Texas accusing the state’s rules on auto dealerships of “economic protectionism” that hurt the company’s ability to sell its electric vehicles there. In a suit filed in Austin, Lucid said the state is acting anti-competitively in forcing companies to sell their products through established dealerships. The Newark,
In this article VLDR OUST Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. NYSE
The father and son sentenced to serve time in a Japanese prison for smuggling Carlos Ghosn out of the country in a large musical-equipment case were transferred to the U.S. a week ago, ending another chapter of the corporate saga involving the former chairman of Renault and Nissan. Michael Taylor, the father and a former