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Used-vehicle auction services company America’s Group said Thursday that its CEO, Cam Hitchcock, will retire Dec. 31. Hitchcock will be replaced by Chuck Tapp, the company’s chief revenue officer and executive vice president, according to a news release. The executive transition comes roughly one year after auction company XLerate Group completed its acquisition of America’s

In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT A Toyota logo displayed on a vehicle in Poland. The Japanese automotive giant started working on the development of fuel cell vehicles back in 1992. Artur Widak | Nurphoto | Getty Images LONDON — A consortium led by automotive giant Toyota will receive millions in

Dec 2, 2022 It may not have come down to the final lap of the final race like 2021, but 2022’s Formula One season still threw up plenty of drama. There were plenty of standout performers and a handful of disappointments from the 20 drivers who make up the grid. Here’s our full driver rankings,

For a long time, Cole Chevrolet-Buick-GMC excelled in the service drive. But in the years leading up to the onset of the coronavirus pandemic in early 2020, the dealership in Bluefield, W.Va., struggled to generate traffic and maximize its sales opportunities, said Brad Greene, the store’s general manager. Repair order counts and dollars per repair

Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT – Ford Motor said Friday that it has achieved CEO Jim Farley’s goal of becoming the second best-selling automaker of electric vehicles in the U.S.

12:08 PM ET Associated Press Marcus Armstrong was a Scott Dixon fan his entire life. When he was 8, the aspiring young racer asked his fellow New Zealander to autograph a helmet visor that he hung on his bedroom wall. Next year, Armstrong will be Dixon’s teammate. Armstrong on Friday was named the fourth IndyCar

Ford Motor Co. is facing legal challenges to its dealer certification program for electric vehicles from retailers in three states who argue that the plan violates franchise laws. A group of 27 dealerships in Illinois filed a protest with the state’s motor vehicle review board Friday, and four dealers in New York filed suit against

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors General Motors and LG Energy Solution will spend an additional $275 million in their joint

1:10 PM ET Associated Press Jamie Chadwick, the three-time W Series champion, has at last parlayed her success in the all-women series into a bigger ride. The British racer on Thursday was selected the driver for Andretti Autosport in the Indy NXT Series next season. Indy NXT is the new name of the rebranded Indy

NEW YORK — The Biden administration on Thursday unveiled a three-year proposal to expand the U.S. biofuels policy with bigger volume mandates and — for the first time — include a pathway for electric vehicle manufacturers to generate lucrative credits. The proposal reflects President Joe Biden’s agenda to fight climate change by reducing fossil fuel

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk kicks off deliveries of the company’s heavy-duty truck, the Semi, at the Gigafactory in Sparks, Nevada. Tesla Inc. Tesla CEO Elon Musk kicked off deliveries of the company’s first few production Semi trucks on Thursday, speaking on stage at the company’s

11:15 AM ET Mike Shank has built a racing empire from the ground up. Justin Casterline/Getty Images for SiriusXM Spend a few minutes following the never-ending volley of insults, accusations and conspiracy theories leveled between Red Bull team principal Christian Horner and Mercedes-AMG boss Toto Wolff, and you could get the impression that folks in charge

The 2022 Automotive News Leading Women conference tackled issues such as diversity and work cultures, leading multigenerational teams and leadership lessons.  Keynote speakers were racing pioneer Lyn St. James and Lisa Bodell, CEO of FutureThink. Automotive News Vice President of Editorial Operations Chrissy Taylor moderates the panel discussion on diversity, equity and inclusion with Lia Theodosiou-Pisanelli,

In this article GOOG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Waze app with icon showing police Source: Waze In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Nobody enjoys sitting in bumper-to-bumper traffic jams, getting an arrival time delayed due to street construction

6:25 AM ET Haas boss Guenther Steiner will release a book, “Surviving to Drive”, in April next year to take readers inside his team’s rollercoaster 2022 season. Steiner, who has gained huge popularity through Netflix’s successful “Drive to Survive series on Formula One, is known for his outspoken interviews and colourful language. The book, written

Tesla Inc. will conduct an over-the-air software update on more than 435,000 electric vehicles made at its factory in China due to a rear-lighting defect. China’s State Administration for Market Regulation said 142,277 Model 3 sedans and 292,855 Model Y crossovers could be affected by the issue, which in extreme cases raises the risk of

In this article AAPL TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Anadolu Agency | Anadolu Agency | Getty Images Tesla and SpaceX CEO Elon Musk, who is also the new owner and CEO of Twitter, bashed Apple this week after claiming the company has threatened to remove the Twitter app from its App Store,

Honda Motor Co. will build a fuel cell electric version of its sixth generation CR-V compact crossover starting in 2024. In addition to using fuel cell technology, which promises quick refueling and generous range, the vehicle will feature a plug that will enable drivers to charge the onboard battery for electricity-powered trips around town. The