News

Mar 19, 2024, 07:57 AM ET Open Extended Reactions Formula 1 driver Pierre Gasly is veering off the track and into the football world after investing in French third division club FC Versailles. “I’m delighted to be joining FC Versailles because I’ve always wanted to get involved in professional football,” said Gasly, who drives for

The business of tires has historically been marked by tight competition, low growth and slow margins. The total market value has remained around $50 billion in the past few years, and the overall market grows at a rate of about 2% per year, according to consultancy AlixPartners. But electric vehicles are presenting a whole new set

In this article VOW3-DE VOWB-FF VOW-FF Follow your favorite stocksCREATE FREE ACCOUNT Bentley Continental GTC Speed in Kingfisher. Adam Jeffery | CNBC Bentley Motors is pushing back its plans to exclusively offer all-electric vehicles by the end of this decade due to changing market conditions and a delay in its first EV. CEO Adrian Hallmark

Ryan McGee, ESPN Senior WriterMar 18, 2024, 12:56 PM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions Drivers saw extreme tire wear during Sunday’s Food City 500 at Bristol Motor Speedway. Jeff Robinson/Icon Sportswire via Getty Images Everyone has tried

In this article VOW-DE VOW3-DE Follow your favorite stocksCREATE FREE ACCOUNT The Audi SQ6 e-tron SUV. Audi Audi on Monday revealed its new all-electric Q6 e-tron SUV, the first production vehicle on its next-generation electric vehicle architecture. The Volkswagen-owned luxury carmaker says the new “Premium Platform Electric” opens up new levels of technology for Audi,

Mar 16, 2024, 05:56 PM ET The Red Bull Formula One employee who accused team boss Christian Horner of inappropriate behaviour has lodged an appeal after her complaint was dismissed, the BBC and the PA news agency reported. The move is likely to keep the subject as a major talking point in Formula One and

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Norway has had massive success with EV adoption — 82% of new cars sold in the country in 2023 were electric, according to the Norwegian Road Federation. This high adoption rate can be attributed to the generous subsidies the Scandinavian country has offered to electric

Laurence Edmondson, F1 EditorMar 15, 2024, 09:06 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Lewis Hamilton has finished in seventh and ninth in the first two grands prix of the 2024 season. GIUSEPPE CACACE/AFP via Getty Images For the third season in a row, Lewis Hamilton struggled

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Workers assemble cars on the line at Tesla’s factory in Fremont. David Butow (Photo by David Butow/Corbis via Getty Images) David Butow | Corbis News | Getty Images Electric vehicle maker Tesla has settled a racist discrimination lawsuit in which a federal jury previously awarded

In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Nio holds a product event in Shanghai on Sept. 21, 2023. Evelyn Cheng | CNBC BEIJING — Chinese premium electric car company Nio said Thursday it plans to reveal its mass market brand in May. Executives confirmed the new brand will be named “Le Dao”

In this article GM TSLA Follow your favorite stocksCREATE FREE ACCOUNT General Motors Executive Vice President Global Manufacturing and Labor Relations Gerald Johnson (middle) watches as engineers and technicians set-up and test the machines that will be used to manufacture Level 1 face masks at a plant in Warren, Michigan. Photo by John F. Martin

Andrew Merry | Moment | Getty Images DETROIT — The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state of EV euphoria. Automakers trotted out optimistic sales forecasts for electric models and announced ambitious targets for EV growth. Wall Street boosted valuations for legacy automakers and startup

Ryan McGee, ESPN Senior WriterMar 13, 2024, 03:21 PM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions Christopher Bell won Sunday’s NASCAR Cup Series race in Phoenix by nearly 5½ seconds. Meg Oliphant/Getty Images It has been a few days

U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on Capitol Hill in Washington, U.S., February 6, 2024.  Amanda Andrade-rhoades | Reuters Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden‘s investment in electric vehicles for accelerating the sector, even

Philippine Department of Trade and Industry Secretary Alfredo Pascual (R) and US Commerce Secretary Gina Raimondo attend a press conference in the Philippines on March 11, 2024. Jam Sta Rosa | Afp | Getty Images Chinese electric cars can one day drive on U.S. roads if there are enough government controls on software and sensors,

Alex Kennedy Mar 9, 2024, 08:59 AM ET Open Extended Reactions Though there aren’t any big sports movies in contention at the Oscars this weekend, there’s an ongoing debate about the best examples of the genre in cinema history. What are the most-searched sports movies of all time in the United States? Since Google Trends

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING — Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28. The company claimed in a social media post

Mar 8, 2024, 10:39 AM ET Open Extended Reactions Audi will take 100% control of Swiss-based Sauber ahead of its transformation into the German carmaker’s factory Formula One team from 2026, the Volkswagen-owned brand said on Friday. Oliver Hoffmann will step down from Audi’s management board to take overall responsibility for the F1 programme while