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In this article TSLA Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada. James Glover II | Reuters If Tesla CEO Elon Musk is serious about welcoming organizing efforts of the company’s U.S. workforce, the automaker

Prime Minister Justin Trudeau’s government will mandate the sales of EVs and wants a 42 percent reduction in emissions from the oil and gas sector as part of Canada’s plan meet its 2030 emissions reduction goal. In its 2030 Emissions Reduction Plan, the government says it will enact a sales mandate to ensure at least

4:21 AM ET Formula One champions Mercedes are going through an “exercise in humility” after years of success but they will be stronger for it, team boss Toto Wolff said after more pain in Saudi Arabia on Sunday. Mercedes’ seven-times world champion Lewis Hamilton finished 10th, the last of the points-paying positions, after failing to

Ford Motor Co. is adding a new package on the 2023 F-150 pickup for budget-conscious buyers who still want some off-road punch. Starting this fall, the automaker will offer a Rattler package on entry-level F-150 XL trim. It features content from the FX4 package such as skid plates, electronic rear-locking differentials, hill descent control, specially

In this article 9866-HK Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Nio confirmed Monday it has begun deliveries of its new luxury sedan, the ET7, on schedule, sending U.S.-traded shares of the Chinese electric vehicle maker higher in morning trading. Nio said in a statement

4:46 PM ET JEDDAH, Saudi Arabia — For two consecutive days Formula One cars lapped Jeddah’s Corniche Circuit against the backdrop of a cloud of black smoke on the city’s skyline. The smoke was a result of a missile attack on an oil depot six miles to the east of the track that occurred 20

In this article TSLA Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters SpaceX and Tesla CEO Elon Musk announced on Twitter on Monday that he has Covid. The announcement comes after Tesla’s factory in Shanghai faced regional Covid restrictions that reportedly require

A former General Motors manager was indicted with conspiracy to commit bribery after allegedly accepting $3.4 million from an international parts supplier. Hyoung Nam So, 46, who goes by Brian So, was a global purchasing and supply chain manager at GM who oversaw parts used to build interiors of North American vehicles. In October 2015,

6:38 AM ET Red Bull Formula One boss Christian Horner praised Mercedes rival Toto Wolff for speaking out about the mental health issues that he has dealt with for more than a decade during unprecedented success. Wolff, an Austrian, told the Sunday Times last week that he had been seeing a psychiatrist since 2004 and

Many of the companies that have moved operations outside of Ukraine or Russia might not be in a hurry to return, an analyst at AlixPartners said. “We’ll likely not see a quick return,” said Mark Wakefield, global co-leader of the automotive practice at AlixPartners. “You wouldn’t want to bet on when the invasion will be

5:44 PM ET Max Verstappen and Charles Leclerc provided a great on-track spectacle at Sunday’s Saudi Arabian Grand Prix, but the headlines generated off track this week will rightly continue to hang over this event for a long while to come. It was a strange F1 race weekend, with the 48 hours before the race

Federal officials have again argued that bundled Guaranteed Asset Protection coverage renders an auto loan subject to the Military Lending Act, raising a potential concern for dealerships and the auto finance industry. American Financial Services Association Senior Vice President Celia Winslow warned the group’s Vehicle Finance Conference & Expo on March 9 about the amicus

In this article TSLA The year was 2006, the concept of electric vehicles expensive and impractical. But a small engineering team had an unorthodox vision for a car that could truly showcase the potential of electrification. That summer, then-fledgling start-up Tesla Motors unveiled its tour de force to the world — the Roadster. Right out

4:59 AM ET JEDDAH, Saudi Arabia — Mercedes team boss Toto Wolff believes it is important Formula One shines a “spotlight” on problems in the Middle East after security concerns at this weekend’s Saudi Arabian Grand Prix nearly led F1 drivers to boycott the event. F1’s 20 drivers considered not racing in Jeddah this weekend

BMW is re-imagining the brick-and-mortar showroom experience for the digital age. The brand’s global Retail Next design concept, which debuts in the U.S. in July, attempts to make the dealership visit feel more experiential and less transactional, BMW of North America sales boss Shaun Bugbee told Automotive News last week. “It’s about recognizing that the

The Mayor of London, Sadiq Khan, has issued a high pollution alert for the U.K. capital. Andrew Holt | Photolibrary | Getty Images LONDON — Mayor of London Sadiq Khan has issued a high pollution alert for the U.K. capital, telling those with lung and heart problems to “avoid physical exertion” for its duration. In

2:40 PM ET JEDDAH, Saudi Arabia — Mick Schumacher was taken to hospital for precautionary checks after crashing heavily during qualifying for the Saudi Arabian Grand Prix. The son of seven-time world champion Michael Schumacher lost control of his Haas car in Turn 9 and slammed against the inside barrier before rebounding back across the

NEW YORK — A federal judge on Friday authorized the U.S. Securities and Exchange Commission to distribute $40 million from its 2018 settlements with Tesla Inc. and CEO Elon Musk, after Musk accused the regulator of dragging its heels. U.S. District Judge Alison Nathan in Manhattan approved the distribution plan that the SEC proposed on