What defines the modern flagship sedan? Is it luxury, space, power, or technology? That question doesn’t have an easy answer, but it was one BMW was faced with when creating the seventh-generation 7-Series. An upper-class icon, the redesigned model combines all four of those attributes with an available electric powertrain and driving dynamics that need
STOCKHOLM — A key to helping Volvo Cars’ EVs achieve price parity with comparable combustion-powered models will be an affordable small SUV the automaker plans to reveal in 2023. Volvo showed a teaser image of the vehicle at the end of its introduction of the new EX90 flagship electric large SUV here Wednesday. The EV
6:03 PM ET Lewis Hamilton has retained his front row grid position for the Brazilian Grand Prix despite the stewards investigating the positioning of his car on the grid ahead of Saturday’s sprint race. Three drivers, including Alfa Romeo’s Zhou Guanyu and McLaren’s Daniel Ricciardo, all lined up slightly outside the width of their grid
The C8 Chevrolet Corvette is a near supercar by all accounts. Its nearly 500-hp (372 kW) V8 and mid-engine configuration give it almost scalpel-like precision. But an idiot with a scalpel can do a lot of damage and that’s exactly what happens to this Corvette when one driver tries, and fails, at doing a donut
Slowing inflation reported this week appeared to temper the gloomy outlook on Carvana Co. that had set in since the online used-car retailer reported sharply disappointing third-quarter results earlier this month. Carvana’s $508 million net loss sent the company’s shares tumbling to an all-time low of $6.50 early this week. Shares sank more than 53
Automakers and battery suppliers are in search of a vehicular holy grail — a battery chemistry for electric vehicles that sharply reduces charging times and greatly increases range while remaining cheap and easy to mass produce. Unprecedented sums of money are being poured into battery research to find such a solution, and battery performance has
In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT People try their luck at winning a car from the Carvana vending machine at SXSW festival in Austin, Texas on March 12, 2016. Michelle Castillo | CNBC Shares of Carvana on Thursday put up their best day in roughly three months – representing a small,
Odometers have deeper roots in the auto industry than many drivers appreciate. In addition to tracking how far a vehicle has traveled, they have also been the guide post for current value and future life expectancy. For electric cars, the battery is more important than its odometer. With up to a third of the cost
WASHINGTON — European Union Ambassador Stavros Lambrinidis said he was very hopeful that negotiations with the United States could result in elimination of discriminatory provisions in the U.S. Inflation Reduction Act. Lambrinidis told an event hosted by the U.S. Chamber of Commerce on Thursday that EU officials were working with U.S. officials in a special
Driving a truck is difficult and as one trucker in Japan recently discovered, it’s especially difficult when you can’t see what’s in front, to the sides, or behind you. The bizarre incident you see here occurred in Japan and rear-facing dashcam footage of it has quickly gone viral on Reddit. It is so unusual that
Jewelers have spent decades convincing consumers that little things mean a lot, but a Lexus dealership in suburban Boston has found that the adage applies to more than fancy baubles. Lexus of Watertown has been delivering surprise, custom-built boxes full of branded tchotchkes from its parts inventory to some wholesale parts and service customers and
Driverless cars have been just around the corner for nearly a decade. Yet after ambitious promises by CEOs of automakers and startups and buy-in from investors to the tune of more than $200 billion, there is not yet one fully autonomous vehicle on public roads in the U.S. today. And it isn’t even all that
In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC DETROIT – Last year, Carvana CEO and cofounder Ernie Garcia went on a victory lap. He touted the company’s “landmark” second-quarter results on Aug. 5, 2021 that included the used car retailer’s first-ever quarterly net profit. He
Jay Leno thinks the 2001 Ferrari 550 Barchetta is aging nicely, and in this episode of “Jay Leno’s Garage,” he explains why. Unveiled at the 2000 Paris auto show, the open-top Barchetta was a limited-edition version of the Ferrari 550 Maranello coupe, and one of the last Ferraris launched before the era of smartphones and
The Renault Group has created a new standalone company for its electric vehicle and software activities called Ampere, after French physicist and mathematician André-Marie Ampère. Described as “the first EV and software pure player born from an OEM disruption,” Ampere will develop, manufacture and sell fully electric passenger cars featuring cutting-edge software-defined vehicle (SDV) technology under
LONDON — Jaguar Land Rover will resume marketing spending after production levels for key models started to return to normal. The automaker had reduced its marketing spending in recent months as it struggled to fulfil orders for in-demand models such the new Range Rover, Range Rover Sport and Land Rover Defender due to chip shortages
5:00 PM ET In the heat of the moment, Charles Leclerc labelled Ferrari’s decision to send him out on the wrong tyres in qualifying for the Brazilian Grand Prix as “f—ing unbelievable,” but later revealed he had accepted the tyre choice before heading out on track in Q3. Using intermediate tyres when the rest of
Police officers from Oregon recently had to use at least seven spike strips on a speeding vehicle before they could finally stop and arrest the driver. Deputies from the Josephine County Sheriff’s Office first spotted a woman driving at 112 mph (180 km/h) on Friday on I-5 South near the town of Merlin, shortly before