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Top Volkswagen and Xpeng executives pose at the German automaker’s launch event in Beijing, China, on Aug. 24, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Hundreds of Volkswagen staff are spending time at Xpeng as the German auto giant and Chinese startup work to create electric cars for China, Xpeng co-president Brian Gu

Open Extended Reactions The Haas F1 team has been given clearance to leave Netherlands for the Italian Grand Prix after former sponsor Uralkali confirmed payment of outstanding money was owed. Haas’ trucks were held at the Zandvoort circuit overnight after the Dutch Grand Prix while Uralkali waited to receive $9 million from the American team.

Aug 26, 2024, 05:00 AM ET Open Extended Reactions McLaren and Dutch Grand Prix winner Lando Norris have blown the Formula One constructors’ championship wide open with Red Bull in danger of being overhauled, according to Mercedes boss Toto Wolff. Norris took the chequered flag 22.8 seconds clear of Red Bull’s home hero Max Verstappen

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know,

Associated Press Aug 25, 2024, 06:02 PM ET Open Extended Reactions PORTLAND, Ore. — Will Power remained in the IndyCar championship hunt with a wire-to-wire victory Sunday at Portland International Raceway. Power started second alongside polesitter Santino Ferrucci — the first A.J. Foyt Racing driver to lead the field to green in a decade —

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they

Laurence Edmondson, F1 EditorAug 24, 2024, 02:31 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Lewis Hamilton will start the Dutch Grand Prix from 15th after receiving a three-place grid penalty for impeding Sergio Pérez in qualifying. The Mercedes driver set the 12th fastest time on Saturday

In this article BIDU Follow your favorite stocksCREATE FREE ACCOUNT Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu is reporting slower growth in its Apollo Go robotaxi rides than in prior quarters. Figures Baidu reported Thursday showed

Associated Press Aug 24, 2024, 05:46 PM ET Open Extended Reactions PORTLAND, Ore. — Santino Ferrucci won the first pole of his IndyCar career on Saturday and gave AJ Foyt Racing the top starting spot at Portland International Raceway. Ferrucci, who is benefiting from a first-year alliance between Foyt and Team Penske, pulled off the

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of

Open Extended Reactions Renault F1 engine staff have urged the company not to proceed with plans to stop building its own engines in favour of a Mercedes customer deal, saying such a move would be “betraying” the company’s legacy. Alpine, the name Renault rebranded its team to in 2021, looks set to stop producing engines

Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their high-tech cars. But as Mexico has emerged as a hot spot for Chinese EVs, Washington officials worry the country may be used as a “backdoor” to the U.S. market.   Last year, China was the leading car supplier to Mexico,

Associated Press Aug 23, 2024, 02:38 PM ET Open Extended Reactions RALEIGH, N.C. — A North Carolina racetrack shuttered briefly for defying state gathering limits during the pandemic can sue the top health regulator on allegations that Gov. Roy Cooper’s administration violated the constitutional rights of its operators by trying to make an example out

In this article F Follow your favorite stocksCREATE FREE ACCOUNT A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT – Ford Motor‘s profit engine for decades has been large trucks and SUVs in the U.S. So it might

Kelly Crandall Aug 22, 2024, 09:05 AM ET Open Extended Reactions NASCAR Cup Series champion Ryan Blaney is gearing up for a title defense as stock car racing prepares for the home stretch ahead of the postseason. Meg Oliphant/Getty Images As the NASCAR Cup Series playoffs approached last season, Ryan Blaney and his team were, as

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they

Open Extended Reactions ZANDVOORT, Netherlands — Sergio Pérez said he is focused on turning around his Formula One form, which he feels confident about after Red Bull’s discovery of wrong turns made in developing its car. Pérez’s future at the team was the subject of intense speculation before the summer break but Red Bull opted

In this article UBER GM Follow your favorite stocksCREATE FREE ACCOUNT A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023.  David Paul Morris | Bloomberg | Getty Images Uber Technologies and General Motors’ Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer