Autos
Rivian’s factory damaged by tornado amid crucial R2 EV launch
A view shows a second-generation R1S at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, on June 21, 2024. Joel Angel Juarez | Reuters A tornado damaged part of Rivian Automotive‘s factory in central Illinois over the weekend, according to a message sent to employees Sunday night by CEO RJ Scaringe that was viewed […]
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‘It’s just scale’: Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers
Derek Sylvester with members of his family, team and mascot Molly, who was featured on the dealership’s logo. Courtesy Sylvester Chevrolet Derek Sylvester’s father built the family’s original Chevrolet dealership with his bare hands on Main Street in rural Peckville, Pennsylvania, in 1972. The store and family have been a pillar of the village, outside […]
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Sens. Warren and Blumenthal investigate NLRB decision to drop charges against SpaceX for retaliatory firings
US Senators Richard Blumenthal (L) and Elizabeth Warren. Nurphoto | Getty Images Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., initiated an investigation into the National Labor Relations Board on Wednesday concerning the agency’s decision to drop charges against Elon Musk’s SpaceX over retaliatory firings, according to correspondence first obtained by CNBC. SpaceX is reportedly […]
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Why foreign automakers dominate the sedan market
The biggest American automakers all but abandoned sedans and coupes in recent years as they rushed to compete in the pickup truck and SUV markets. Many domestic buyers also shifted toward those bigger vehicles. Still, there’s a market for cars, as Japanese, Korean and German brands sell hundreds of thousands of smaller passenger vehicles in […]
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Ford EV chief leaving automaker amid new restructuring efforts
Doug Field, the chief EV, digital and design officer at Ford Motor, speaks at Louisville Assembly Plant as Ford shares its plans to design and assemble its “Universal Electric Vehicle” platform on August 11, 2025. Courtesy Ford DETROIT — Ford Motor‘s head of electric vehicles and software is leaving the automaker as it restructures its […]
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Tesla stock pops as Elon Musk touts chip progress
Tesla cars charge at a Tesla Supercharger station in Pasadena, California, March 30, 2026. Justin Sullivan | Getty Images Tesla stock rose more than 6% on Wednesday as CEO Elon Musk touted progress on the company’s forthcoming AI5 chip. Musk said in a post on his social network X on Wednesday that the chip has […]
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Chip giants AMD, Qualcomm and Arm back driverless car startup Wayve with fresh funds
A prototype of the Nissan Motor Co. Leaf-based autonomous vehicle equipped with Wayve Technologies Ltd.’s AI Driver software and connected to Uber Technologies Inc.’s ride-hailing platform on display during a news conference in Tokyo, Japan, on Thursday, March 12, 2026. Kiyoshi Ota | Bloomberg | Getty Images British autonomous driving startup Wayve on Wednesday said it […]
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NAACP sues Elon Musk’s xAI over Memphis data center air pollution
Gas turbines are visible at an xAI data center on Riverport Rd in Memphis, TN on April 25, 2025. Brandon Dill | The Washington Post | Getty Images The NAACP filed a lawsuit against Elon Musk’s xAI on Tuesday, accusing the artificial intelligence company of violating the Clean Air Act with its use of natural […]
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Lucid names auto industry outsider as CEO, expands Uber deal
Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026. Danielle DeVries | CNBC Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive. Silvio Napoli, who spent nearly 31 years at Schindler, is set […]
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Nissan to trim global car lineup, boost use of AI driving tech
Nissan at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC Nissan Motor plans to streamline its global automobile lineup by exiting low-performing ones and deploy its artificial intelligence driving technology across 90% of its array over the long term as it targets a revitalisation after years of […]
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