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4:14 PM ET Jimmie Johnson announced on Monday that he was stepping away from full-time racing. Adam Lacy/Icon Sportswire via Getty Images A man walks into an airport, walks up to the giant board titled “Departures,” and with a packed bag at his side, looks upon the dozens of cities listed, knowing that he can board

Mercedes-Benz and Volvo, heeding Hurricane Ian’s potential impact, are idling their South Carolina plants ahead of the deadly storm’s predicted return to landfall. The Mercedes plant, near Charleston, S.C., has about 1,600 employees who build the Mercedes Sprinter and Metris vans. It will idle operations on Friday, Reuters reported. Volvo’s plant near Charleston in Ridgeville,

In this article TM Follow your favorite stocksCREATE FREE ACCOUNT A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC LAS VEGAS – Toyota Motor is standing by its electric vehicle strategy, including hybrids like the Prius, following criticism by some investors and environmentalist groups that the

7:45 AM ET Gabriel Tan With an ice-cool gaze and a remarkable ability to keep calm in high-pressure situations, Valtteri Bottas is not unlike other famous Finns that have come before him in Formula 1. Of course, there is Mika Hakkinen, can boast winning back-to-back world titles in 1998-99 at a time when Michael Schumacher

U.S. light-vehicle sales remain in lower gear as the third quarter winds down, while slumping consumer sentiment threatens a further downshift. Cox Automotive on Wednesday cut its full-year new-vehicle sales outlook to 13.7 million — down more than 9 percent from 2021 and the industry’s lowest tally in a decade. It’s the third time this

South Korean and U.S. officials are working toward a “concrete proposal” to resolve their differences over electric vehicle subsidies, South Korea’s trade minister told CNBC. “We’ve established a specific dialogue channel to address this particular issue, and we are glad that the U.S. government wholeheartedly engaged with us to rectify the problems,” Ahn Duk-geun told

11:18 AM ET Associated Press Benjamin Pedersen is the first driver to land a promotion from Indy Lights into IndyCar as AJ Foyt Racing confirmed Wednesday he’ll be part of its 2023 lineup. Pedersen, a 23-year-old dual citizen of Denmark and the United States, spent last season running the full Indy Lights schedule for HMD

Volkswagen Group set the final listing price for Porsche at 82.50 euros per share, valuing the company at 75 billion euros ($73 billion) as it seeks to prove that the iconic sports-car brand can sidestep the slump in capital markets and pull off Europe’s largest initial public offering in a decade. A meeting of VW’s

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Joe Gebbia, co-founder of Airbnb and chairman of Airbnb.org, during South By Southwest (SXSW) festival in Austin, Texas, U.S., on Sunday, March 13, 2022. Matthew Busch | Bloomberg | Getty Images Tesla has added Airbnb co-founder, designer and billionaire Joe Gebbia as an independent member

6:02 AM ET The Mercedes Formula One team will renew its title and technical partnership with Malaysian oil company Petronas from 2026, it announced on Wednesday. Mercedes have won the constructors title eight times since partnering with Petronas in 2010, though drivers Lewis Hamilton and George Russell are yet to win a race this season.

LONDON — Jaguar Land Rover will retrain 29,000 employees and staff at retailers globally over the next three years to design, build and service electric vehicles ahead of its shift away from fossil-fuel cars. JLR said the majority of technicians at its retailers should receive training on servicing EVs during this financial year to “tackle

In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. The Detroit automaker on Tuesday revealed its 2023 F-Series Super Duty trucks,

11:49 AM ET Six Formula One grands prix from the 2023 season onwards will have sprint sessions after the governing body, the International Automobile Federation (FIA), on Tuesday approved an increase from three events this year. Sprint sessions have become highly popular with fans since it was introduced last year with qualifying taking place on

Ford Motor Co. is redesigning the Super Duty line of its F-Series pickups with new technology and new engine options in a bid to maintain one of its most profitable nameplates and better cater to commercial customers. The 2023 Super Duty lineup, revealed Tuesday evening and expected to go on sale early next year, will

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook | Reuters DETROIT – General Motors is conducting damage

5:35 AM ET Alfa Romeo has confirmed Zhou Guanyu will stay at the team for the 2023 Formula One season. The rookie, China’s first F1 driver, has finished in the points on three occasions this season, including a 10th place finish on his debut at the Bahrain Grand Prix. Zhou has impressed the team with

TOKYO — When Akio Toyoda put an experimental Corolla onto a racetrack last year, he was something of a lone voice in the wilderness touting the concept of hydrogen-burning engines as a powerful force for carbon neutrality in an auto industry gone gaga over pure electric vehicles. But Toyota Motor Corp. is finding unlikely allies

The U.K. has laid out plans to ramp up the number of electric vehicles on its roads over the next few years. Coldsnowstorm | E+ | Getty Images Electric car drivers in the U.K. have seen the cost of using a public, “rapid” charger on a pay-as-you-go tariff rise by 42% since May, according to