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Sep 7, 2023, 10:44 AM ET IndyCar Rookie of the Year leader Marcus Armstrong has signed a multiyear extension with Chip Ganassi Racing that will see him compete in the full series schedule, including the Indianapolis 500, starting in 2024. Armstrong, 23, holds a 26-point lead over Agustin Canapino for top rookie honors entering Sunday’s

As automakers showcase the latest electric models at the North American International Auto Show in Detroit, suppliers, engineers, technology companies and policymakers will be 30 miles away at The Battery Show in Novi, Mich., discussing plans to underpin those vehicles. “It has to be one of the most important trade shows out there at the

In this article HLT TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla logo is seen on a charging station in Virginia, Aug. 16, 2023. Celal Gunes | Anadolu Agency | Getty Images Tesla plans to install 20,000 electric vehicle charging stations across 2,000 Hilton properties in the U.S., Mexico and Canada beginning next year,

Sep 6, 2023, 02:35 PM ET Myles Rowe is one step closer to joining the IndyCar Series. Rowe, who became the first Black driver to win an open-wheel championship in a North American series when he clinched the USF Pro 2000 title Saturday, will join HMD Motorsports in the Indy NXT series in 2024, the

Jeep says the dents and scratches in a vehicle can tell a story. The brand’s new commercial for the Grand Cherokee shows how these blemishes can bring back memories. It’s being launched alongside a global campaign for the Wrangler as Jeep strives to avoid a fifth consecutive year of declining U.S. sales. Jeep’s 12 percent

In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT The Lucid Air Midnight Dream Edition. Lucid MUNICH — Lucid is exploring selling its cars in China but has no timeline for when it will enter the world’s largest electric car market, a top executive told CNBC. The comments come after Lucid hired Zhu Jiang,

Never in the UAW‘s 88-year history has it attempted a national strike at each of the Detroit 3 simultaneously. But that unprecedented — and economically devastating — scenario remains in play as contract negotiations with the automakers enter a critical post-Labor Day stretch, with UAW President Shawn Fain declining to pick a traditional target company.

A BYD Co. Seal electric sedan during the media day for the Munich Motor Show (IAA) in Munich, Germany, on Monday, Sept. 4, 2023. Bloomberg | Bloomberg | Getty Images Chinese electric vehicles pose “a real threat” to the European car industry, according to Christian Kames, managing director at financial advisory firm Lazard.  Kames spoke

Associated Press Sep 5, 2023, 12:45 PM ET MONTEREY, Calif. — Felix Rosenqvist will end his two-year waiting game with Arrow McLaren Racing by moving on next year to drive for Meyer Shank Racing. The Swedish driver will replace Simon Pagenaud, who has been sidelined since July with concussion-like symptoms suffered in a crash at

Used-vehicle dealership operator America’s Car-Mart said Tuesday its president, Doug Campbell, will succeed Jeff Williams as CEO on Oct. 1. Campbell will remain the company’s president and also join its board of directors, America’s Car-Mart said in a news release. Williams will stay on the board and hold a CEO emeritus title through the end

High-stakes negotiations between the United Auto Workers and Detroit automakers could lead to a strike later this month, putting added pressure on already beaten-down shares of Ford Motor (F). The risk of a walkout by the union has also created near-term uncertainty for General Motors (GM) and Stellantis (STLA) — the Dutch owner of the

All 10 Formula One teams spent within the budget cap for the 2022 season, the governing FIA announced on Tuesday. F1 teams were restricted to a budget of $135 million last year and each has been handed a certificate of compliance to say they operated within that figure. The audit of the 2022 cap was

The nation’s transition to EVs is fracturing by region. While EV purchases are rising overall, adoption is declining in the states that already had the lowest rates, according to J.D. Power. Nationwide, 21 percent of consumers who have an EV option that matched their model preference purchased an EV in the first half of this

The Mercedes-Benz Concept CLA Class was unveiled at IAA Mobility 2023 in Munich, Germany. The platform will underpin the German automaker’s push into electric cars. Mercedes-Benz Mercedes-Benz and BMW took the wraps off electric concept cars as they look to catch up with Tesla in the premium end of the market. At the IAA auto

Sep 4, 2023, 10:05 AM ET Lewis Hamilton apologised to McLaren’s Oscar Piastri on Sunday for an Italian Grand Prix collision that dumped the Australian rookie out of the points after he had to pit for a new front wing. Mercedes’ seven-times world champion, the sport’s most successful driver who finished sixth despite a five-second

Mercedes-Benz plans to make owning a G-Class a little bit easier. The automaker will build a smaller version of the boxy off-roader, CEO Ola Kallenius said on Sunday. The vehicle will be electric and “fun to drive — on and off the road,” Kallenius said at an event on the eve of the IAA Mobility

In this article ZE594-CN XPEV Follow your favorite stocksCREATE FREE ACCOUNT BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC Munich, GERMANY — The IAA in Munich, Germany is one of Europe’s most high-profile

Carlos Sainz was robbed of his £500,000 Richard Mille watch in Milan hours after finishing third at the Italian GP, but was able to chase down the robbers and retrieve it. The Ferrari driver, still wearing his team kit after leaving the Monza circuit, was targeted by thieves near the Armani hotel in Milan. Reports