Marshall Pruett, Racing columnistSep 13, 2023, 03:17 PM ET Alex Palou won his second IndyCar championship in three seasons Sunday at Laguna Seca. Gary A. Vasquez-USA TODAY Sports At the time of his first crowning as an IndyCar series champion in 2021, Alex Palou was a bright new star who rocketed from anonymity to American open-wheel
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The UAW will strike certain Detroit 3 plants starting early Friday without new agreements in place, President Shawn Fain said, but two of the automakers said they haven’t gotten responses from the union to their latest offers. Fain, during a livestream Wednesday afternoon, called proposals giving raises of up to 20 percent insulting and said
In this article F Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – Ford Motor CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously ahead of a Thursday night strike deadline, placing blame on the union leader for not showing up to the bargaining table
New Zealand’s Liam Lawson will continue to race for AlphaTauri in place of the injured Daniel Ricciardo at the Singapore Grand Prix. Ricciardo suffered a broken metacarpal in his left hand in a crash ahead of the Dutch Grand Prix, which also forced him to miss the Italian Grand Prix. Ricciardo will be present with
DETROIT — The GMC Acadia is getting roomier. After shrinking for the current generation, the three-row Acadia returns for the 2024 model year to the larger footprint it once shared with the Chevrolet Traverse and Buick Enclave. Acadia production is moving from Spring Hill, Tenn., back to Lansing, Mich., rejoining the Traverse and Enclave. The
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Equities gain Knives out on Oracle A bold move on Ford 1. Equities gain, despite inflation uptick Stocks edged up in midmorning trading Wednesday — the S & P 500
DETROIT — Ford Motor Co. CEO Jim Farley late Tuesday said the company’s latest contract proposal presented to the UAW is the “most generous offer in 80 years” and includes a number of union priorities, although a four-day work week is not among them. Farley, speaking after Ford introduced the freshened 2024 F-150, said the
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT — The United Auto Workers union plans to implement targeted strikes at certain plants against the Detroit automakers if tentative contracts are not reached with General Motors, Ford
Max Verstappen’s third championship has been a matter of when, not if, for several months now, but he has to wait at least one race more until he wraps it up. The Dutchman’s win at the Italian Grand Prix was a record 10th in a row and it would be a brave bet against him
Ford Motor Co. on Tuesday said it has hired a new chief marketing officer and moved two members of the Ford family into new roles. The automaker said Lisa Materazzo, who was the top marketing executive at Toyota Motor North America, has been named CMO, effective immediately. She will report to CEO Jim Farley and
In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – Many on Wall Street view potential strikes by United Auto Workers against the Detroit automakers as largely manageable –
Join us at noon EDT Wednesday for a LinkedIn Live talk with Jessica Caldwell, executive director of insights at Edmunds, on the buzz from the North American International Detroit Auto Show. Joining Caldwell will be Automotive News Executive Editor Jamie Butters and Staff Reporter Lindsay VanHulle, who covers General Motors. They will share insights and
Used car sales are soaring all over the U.S., and companies from Autonation to CarMax, Carvana and Buffalo, New York-based used car start-up ACV Auctions are benefitting. Patrick T. Fallon | Bloomberg | Getty Images During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers
Associated Press Sep 10, 2023, 12:29 PM ET MONTEREY, Calif. — IndyCar will hold an all-star race next year at The Thermal Club in Southern California, with $1 million guaranteed to the winner of the made-for-TV exhibition. The $1 Million Challenge will be held March 24 and air on NBC, with practice and qualifying the
South Korea’s largest auto supplier, Hyundai Mobis, will mark a major expansion of its North American R&D operations center this week by welcoming customers, politicians and media to the Plymouth, Mich., site for a tech event showing off its newest electrification and autonomous driving technology. Mobis Technical Center of North America has new or upgraded
In this article ELWS-IL Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicles are taking up an increasing percentage of the overall auto market share every year — rising from 4% in 2020 to 14% last year. Among the holdouts, a lack of charging infrastructure seems to be one of consumers’ most common reasons for not
Associated Press Sep 10, 2023, 06:17 PM ET MONTEREY, Calif. — Scott Dixon snagged his third win of the season — one week too late to contend for the IndyCar championship — with a strategic run in Sunday’s season finale at Laguna Seca. The win for Dixon was the first of his career at Laguna
Driving through the plains of Ontario always reminds me of my home state of Iowa. A lot of it is agricultural. and the road can be numbingly straight. But as Jake Neher and Jack Hallauer — two Michigan native colleagues — and I headed toward the Toronto exurb of Brampton to tour a Magna International
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