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A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024. Cfoto | Future Publishing | Getty Images Shares of Volvo Cars rose sharply on Thursday after the company reported a jump in annual operating profit for the second quarter. By 9:04

Open Extended Reactions BUDAPEST, Hungary — Lewis Hamilton said former F1 driver Ralf Schumacher’s decision to share publicly that he is gay “sends such a positive message” but said the sport still has progress to make on inclusivity. Schumacher, younger brother of Michael and winner of six F1 races between 1997 to 2007, announced in

In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub. The new plans include investing about $3 billion to

Open Extended Reactions BUDAPEST, Hungary — Kevin Magnussen said his priority is to stay in Formula One beyond 2024 but his immediate future is still being held up by Carlos Sainz‘s own contract situation. On Thurdsay, Haas confirmed Magnussen — the team’s most experienced driver — will leave at the end of the season. The

Maskot | Maskot | Getty Images Buying a new electric vehicle isn’t the only way consumers can access a $7,500 federal EV tax credit. They may also be able to get the money by leasing a car. The Inflation Reduction Act, which President Joe Biden signed in 2022, contained various rules related to consumer tax

Associated Press Jul 17, 2024, 01:54 PM ET Open Extended Reactions KENT, Wash. — Brittany Force will return to her Top Fuel dragster this week in Seattle, her first time competing since her father John’s horrific accident in Virginia last month. John Force Racing said this week that with 16-time NHRA champion John Force “responding

Automakers are turning to aggressive discounts to boost stagnating electric vehicle sales, especially on leases. Some EVs, and some EV buyers, are not eligible for the $7,500 federal tax credit. High income buyers can’t receive the credit, nor can cars made outside the United States, for example. However, leasing offers a loophole that bypasses all

Kelly Crandall Jul 17, 2024, 09:17 AM ET Open Extended Reactions Jeff Gordon won the last of his five Brickyard 400s in 2014. Andy Lyons/Getty Images Jeff Gordon wishes he could remember more details from his first Indianapolis victory. It has been 30 years since that day, Aug. 6, 1994. A milestone that is pretty amazing

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2025 Cadillac Escalade V-Series SUV Cadillac DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the 2025 model year. The new SUV features a standard 55-inch diagonal display across the dash,

Jul 15, 2024, 07:55 AM ET Open Extended Reactions The greatest athlete of the 21st century? That’s easy. It has to be Tom Brady, the quarterback of the greatest dynasty America’s favorite sport has ever seen, a seven-time Super Bowl champ and five-time Super Bowl MVP. Yep. Tom Brady. Except. Except it has to be

Open Extended Reactions Haas F1 Team will continue racing with Ferrari engines through the 2028 season, the team announced on Tuesday. Haas, the sport’s newest team, has enjoyed a close collaboration with Ferrari since joining the Formula One grid in 2016. Editor’s Picks 2 Related The American team has signed Ferrari academy driver Oliver Bearman

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GM CEO and Chair Mary Barra speaks during an “EV Day” on March 4, 2020, at the company’s tech and design campus in Warren, Michigan, a suburb of Detroit. GM General Motors‘ goal of being capable of producing 1 million all-electric vehicles in North America

Associated Press Jul 14, 2024, 10:54 AM ET Open Extended Reactions NEWTON, Iowa — Conor Daly is replacing Jack Harvey in the No. 18 Dale Coyne Racing car for Sunday’s IndyCar Series race at Iowa Speedway. Harvey left Saturday’s 250-lap race at the 0.875-mile oval after 28 laps because of severe neck pain he has

Newly produced electric vehicles are being seen at Tesla’s Shanghai Gigafactory in Shanghai, China, on December 31, 2023. Costfoto | Nurphoto | Getty Images BEIJING — New tariffs on Chinese electric cars aren’t enough to help foreign automakers stay competitive, especially in the lucrative China market, according to consulting firm AlixPartners. China is the world’s

Associated Press Jul 14, 2024, 02:56 PM ET Open Extended Reactions NEWTON, Iowa — It was Will Power‘s turn Sunday for Team Penske success at Iowa Speedway. Power broke through at the 0.875-mile oval, gaining his first IndyCar Series win at Iowa in the race that ended with a four-car, last-lap crash. Power had already

Associated Press Jul 14, 2024, 04:02 PM ET Open Extended Reactions NEWTON, Iowa — A four-car crash on the final lap of Sunday’s IndyCar Series race at Iowa Speedway injured driver Sting Ray Robb. Robb was injured when his car clipped the slower car of Alexander Rossi coming out of the second turn. Robb’s car

Associated Press Jul 13, 2024, 06:11 PM ET Open Extended Reactions NEWTON, Iowa — Scott McLaughlin continued his fast weekend at Iowa Speedway on Saturday night, winning the first race of the IndyCar Series doubleheader for his first victory on an oval track. McLaughlin led 164 of the 250 laps, winning by nearly a half-second

Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, speaks at the Milken Conference 2024 in Beverly Hills, California, May 6, 2024. David Swanson | Reuters Elon Musk posted on X that he “fully” endorses Donald Trump moments after the former president and presumptive Republican nominee was rushed off stage by