Mercedes-Benz is gunning for the heart of the U.S. auto market with a battery-powered version of its workhorse GLE crossover. The midsize EQE goes on sale early next year and fleshes out Mercedes’ electric crossover lineup that is now bookended by the compact EQB and full-size EQS. The EQE crossover “for us, is yet another
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In this article GM Follow your favorite stocksCREATE FREE ACCOUNT UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet In 2015, Marland “Lanny” Brown learned how to build an all-electric
5:15 PM ET Associated Press LAS VEGAS — NASCAR held a second consecutive meeting with its Cup drivers to discuss their safety concerns with the new Next Gen car and promised to continue the sessions for the remaining month of the season. Saturday’s meeting at Las Vegas Motor Speedway lasted 75 minutes, the same length
Chris Mackey, managing member of Mackey Auto Group, distinctly remembers when he decided servicing commercial vehicles at his Ford dealership wasn’t going to cut it. Mackey, who formed the group in February 2019 with his son, Christopher, after having bought a Ford and a Subaru dealership, was not long into his store ownership when he
Tomekbudujedomek | Moment | Getty Images The historic climate legislation President Joe Biden signed in August offered a federal tax break — worth up to $7,500 — to households that buy new electric vehicles. But it may be tough for consumers to get the full value of the tax credit — at least initially. That’s
11:34 AM ET Kurt Busch announced on Saturday that he would not race full time in 2023. James Gilbert/Getty Images It was Tuesday night of this week, I was on the road for work. To kill time while sitting at the bar waiting on dinner, I was in my phone, flicking and clicking my way through
New technology from Point Predictive and a CreditMiner-TransUnion partnership allow dealerships to take a more active role in preventing borrower fraud. BorrowerCheck for Dealers is “the first in a planned series of products for dealers” leveraged from the fraud analytics firm’s vast database of records including income reports, loan applications, fake employers and fraudulent loans.
In this article ALB Follow your favorite stocksCREATE FREE ACCOUNT SILVER PEAK, Nev. — On the edge of Western Nevada, hours from a major city and miles down private dirt roads, lies the United States’ only lithium-producing plant. The nearest town is Tonopah — population 2,179 — where a prospector discovered silver at the turn
NEW YORK – Nikola Corp founder Trevor Milton on Friday was convicted by a U.S. jury of fraud in a case alleging he lied to investors about the electric vehicle company’s technology. The jury found Milton guilty on one count of securities fraud and two counts of wire fraud after deliberating for around five hours.
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court on Friday of three of four counts of fraud relating to false statements he made
10:25 AM ET IndyCar’s Alex Palou will drive for Formula One team McLaren in opening practice at the U.S. Grand Prix on Friday, Oct. 21. Palou will take the place of outgoing driver Daniel Ricciardo, who will then resume driving duties for the rest of the event. 1 Related Palou, who joined the McLaren racing
Four dealership groups bought domestic-brand stores in second-quarter and third-quarter transactions. Here’s a look at the deals involving dealerships in Delaware, Ohio, New Jersey and Michigan. One of the deals involved a group ranked on Automotive News‘ list of the top 150 dealership groups based in the U.S. I.g. Burton adds another Stellantis dealership Charles
In this article HMC 7267.T-JP 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint venture focused on electric vehicles plans to begin deliveries to
State EV Investments and Incentives Financial disclosures vary by state, and some withhold data at the behest of a company or to stay competitive against other states. This makes the full picture of corporate incentives incomplete, but below are estimates compiled by Bloomberg. Some subsidies and incentives may still be subject to state or local
In this article NKLA RMO Follow your favorite stocksCREATE FREE ACCOUNT Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said Thursday that its planned acquisition of battery-pack maker Romeo Power will now proceed, after Romeo Power shareholders agreed to tender just over half of the company’s outstanding shares. In August, Nikola
BMW Group and AirConsole, a gaming platform, said they formed a partnership to bring gaming inside BMW vehicles. The partnership, announced earlier this week, aims to make games playable directly through the legacy automaker’s infotainment displays, with smartphones acting as controllers. Games will be delivered over-the-air, BMW said a statement. AirConsole is available on Internet
2024 Chevrolet Trax ACTIV GM DETROIT — General Motors on Wednesday revealed a new version of its Chevrolet Trax — the brand’s entry-level crossover — with new technologies and a more aggressive design, and at a lower price than the current vehicle. The compact is key to attracting and retaining cost-conscious buyers for the Detroit
6:43 PM ET Associated Press CHARLOTTE, N.C. — Alex Bowman said Wednesday he will miss the next three NASCAR races with a concussion he suffered last month in a crash in NASCAR’s new Next Gen car. Bowman, who sat out the past two races, will miss this weekend at Las Vegas, then sit out at