Autos
Porsche is selling its Bugatti Rimac stake and walking away from Rimac
LAS VEGAS, NEVADA – JANUARY 06: People visit Bugatti booth during the Consumer Electronics Show (CES) 2026 on January 6, 2026 in Las Vegas, Nevada. Zhang Shuo | China News Service | Getty Images Porsche AG has agreed to sell its 45% stake in supercar brand Bugatti Rimac, fully exiting the joint venture that houses […]
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Alibaba’s Qwen AI is coming to cars, allowing drivers order food and book hotels by voice
Audi’s electric SUV, the E7X, will begin presales on May 8. The vehicle will incorporate AI features from ByteDance’s Doubao and iFlyTek. Evelyn Cheng | CNBC BEIJING — Chinese tech giant Alibaba said Friday that its Qwen artificial intelligence model will be integrated into vehicles from automakers including BYD and a local joint venture of […]
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Jim Cramer: Tesla is a buy after hearing what Elon Musk said on the earnings call
CNBC’s Jim Cramer on Thursday called Tesla a buy following its latest earnings and what Elon Musk said on the call. “As someone who is looking at all the other technologies, I would be a buyer of Tesla today,” Cramer said on ” Squawk on the Street .” He argued that investors focused on near-term […]
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Gas prices are rising, but don’t count on significantly lower car insurance premiums as a result
A customer fills his vehicle with fuel at a gas station on April 13, 2026 in Miami, Florida. As the United States military blockades the Strait of Hormuz fuel prices rose above $100 dollars a barrel. Joe Raedle | Getty Images As war in the Middle East pushes the national average for gas to around […]
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BMW says it has no intention of dropping sedans, even as some rivals cut back
BMW wants to keep making sedans in spite of U.S. tariff pressures on German imports and the far higher sales of sport utility vehicles, said Sebastian Mackensen, the company’s North America chief. Mackensen made the comments in an interview on Tuesday, a day before BMW unveiled an updated version of its full-size 7 Series sedan, […]
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Rivian hits production milestone for R2 EV ahead of customer deliveries
Rivian founder and CEO RJ Scaringe on April 22, 2026 drives the first customer-ready electric R2 SUV off the assembly line at the company’s plant in Normal, Illinois. Courtesy Rivian Rivian Automotive on Wednesday said it has started production of its new R2 all-electric vehicle for customers at its plant in Normal, Illinois. The start […]
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Tesla set to report first-quarter results after the bell
Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters Tesla reports first-quarter results after the bell on Wednesday. Here’s what Wall Street is expecting, according estimates compiled by LSEG: Earnings per share: 37 cents estimated Revenue: $22.64 billion estimated […]
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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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