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The Porsche Mission X on display at the IAA Mobility 2023 show in Munich, Germany. Arjun Kharpal | CNBC Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend on the back of a rise in 2023 operating profit. The German luxury

ESPN News Services Mar 11, 2024, 12:33 PM ET Open Extended Reactions Former Formula One driver Felipe Massa said on Monday he had filed a lawsuit in a London court against auto racing’s governing body FIA, series owner Formula One Management (FOM) and FOM’s former CEO Bernie Ecclestone amid his attempt to claim the 2008

Laurence Edmondson, F1 EditorMar 10, 2024, 09:12 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Lewis Hamilton said Mercedes still needs to make “big changes” if it is to challenge Red Bull for wins this season. Hamilton is set to leave the team at the end of

A view of the vehicles parked on the street in Paris, France on Nov. 22, 2023.  Anadolu | Anadolu | Getty Images Parisians have voted to hike parking fees on large SUVs — and it’s not the only European city to set its sights on heavier, more polluting cars. At a referendum in Paris last

Associated Press Mar 10, 2024, 03:26 PM ET Open Extended Reactions ST. PETERSBURG, Fla. — Team Penske silenced recent criticism aimed at series leadership by dominating the IndyCar season-opening race with a Josef Newgarden win from the pole Sunday on the downtown streets of St. Petersburg. Pato O’Ward of Arrow McLaren Racing broke up the

Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. The electric vehicle firm has also made forays into battery storage. Suzanne Cordeiro | AFP | Getty Images Elon Musk’s pick to be district attorney of Texas’ Travis County lost on Tuesday, hours after the Tesla CEO sent a companywide email urging employees

Associated Press Mar 9, 2024, 04:20 PM ET Open Extended Reactions ST. PETERSBURG, Fla. — Josef Newgarden won the pole for IndyCar’s season-opening race on Saturday, giving Team Penske something to celebrate as its leadership faced criticism throughout the paddock for its management of the series. It made for a weird day on what is

In this article FSR Follow your favorite stocksCREATE FREE ACCOUNT Henrik Fisker, a widely respected Danish automotive designer, joined the battle for electric vehicle dominance in 2007 with his first endeavor, Fisker Automotive, but failed. The company ended with his resignation and bankruptcy in 2013. Now the designer-turned-CEO is back and determined to get it

Laurence Edmondson, F1 EditorMar 8, 2024, 06:44 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Ferrari driver Carlos Sainz will miss the Saudi Arabian Grand Prix after he was diagnosed with appendicitis following Thursday’s practice sessions. He will be replaced by 18-year-old Ferrari reserve driver Oliver Bearman,

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk at a Tesla Motors press conference at the 2009 North American Auto Show. James Leynse | Corbis Historical | Getty Images The term “collectible vehicle” might conjure up images of an elegant convertible from the 1930s, or maybe a souped-up muscle car. But

Associated Press Mar 8, 2024, 03:21 PM ET Open Extended Reactions ST. PETERSBURG, Fla. — Michael Andretti shied away from discussing his rejection by Formula One on Friday in his first interview since the series denied his application to join the grid as a true American team. “We’re in the process of doing things, so

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Trump advisor Steve Bannon (L) watches as President Donald Trump greets Elon Musk, SpaceX and Tesla CEO, before a policy and strategy forum with executives in the State Dining Room of the White House February 3, 2017 in Washington, DC. Brendan Smialowski | AFP |

Marshall Pruett, Racing columnistMar 8, 2024, 10:04 AM ET Open Extended Reactions Can anyone keep Álex Palou from winning his third IndyCar championship in four years this season? Chris Owens Will the Chip Ganassi Racing and Team Penske steamroller effect continue into another season of IndyCar racing? We’re about to find out as the American open-wheel

Chevrolet All-Electric Blazer EV Scott Mlyn | CNBC DETROIT – General Motors is reducing the price of its new Chevrolet Blazer EV by thousands of dollars as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues. Current 2024 Blazer EV models will start at $50,195, or $6,520 less than

Laurence Edmondson, F1 EditorMar 5, 2024, 07:40 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Saudi Arabia has released computer-generated images of its planned new racing circuit in Qiddiya, which will feature a 20-storey-high elevated first corner and a swimming pool overlooking a section of track. Since

The Starlink photo is seen on a mobile device with Ukraine on a map in the background in this illustration photo in Warsaw, Poland on 21 September, 2022. STR | Nurphoto | Getty Images House Democrats Robert Garcia, D-Calif. and Jamie Raskin, D-Md, sent a letter to SpaceX demanding transparency from the defense contractor following

Open Extended Reactions The employee who accused Red Bull F1 team boss Christian Horner of inappropriate behaviour has been suspended by the company, sources with knowledge of the situation confirmed to ESPN. Last week Horner was cleared of misconduct after a lengthy investigation by parent company Red Bull GmbH. The employee, who still has the

In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, U.S., March 7, 2024. Mike Blake | Reuters Shares of Rivian Automotive surged roughly 10% Thursday as the EV maker unveiled three new vehicles and announced more