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CONCRETE, Wash. — Three people were killed in a house fire in a rural area northeast of Seattle and authorities are looking for a pickup truck that remains unaccounted for after the blaze, police said. The two-story home was destroyed in the Friday morning fire in the small town of Concrete, the Mount Vernon Police Department said in a statement. The Skagit County Medical Examiner will release the victims’ names after each one is identified. Police said one of the victims was an employee of Skagit County. The town of Concrete is about 96 miles (154 kilometers) northeast of Seattle.
Persons: Vernon Organizations: Mount Vernon Police Department, Police, Skagit County Medical, of Alcohol, Tobacco, Firearms, Authorities, . Police Locations: Seattle, Concrete, Skagit County
CNN —A 1954 Mercedes-Benz W196 Streamliner valued between $50-70 million is among the historic cars set to be sold by the Indianapolis Motor Speedway Museum. “These vehicles will be some of the world’s most significant cars ever sold,” Gord Duff, global head of auctions at RM Sotheby’s, said in the statement. The cars will be sold at different events late this year and in 2025, according to the statement. In 2022, a very rare 1955 Mercedes-Benz SLR coupe that had been kept in the German automaker’s collection was sold to a private buyer for €135 million ($142 million at the time). “The Ferrari 250 GTO is the motoring market’s equivalent of Van Gogh’s ‘Sunflowers’ and a talisman for any top-end collection,” he said.
Persons: Mercedes, Juan Manuel Fangio, Stirling Moss, Fangio, Moss, Ferrari 250LM, Ferrari, Ford GT40, ” Gord Duff, Joe Hale, , Laurin, Mercedes Brookland, Craig Breedlove, Lee, David MacNeil, James Knight, Van, Organizations: CNN, Benz, Indianapolis Motor Speedway Museum, Chief, Sotheby’s, Prix, Le, Sotheby's, Chevrolet Corvette SS, XP64, Ford, Indianapolis, Indianapolis Motor, Indianapolis Motor Speedway, Le Mans, IMS, Klement, Ferrari Locations: Buenos Aires, Argentina, Monza
EV fast chargers – the big tall units that look like major appliances – aren’t generally designed to completely fill an EV’s batteries. A line of EVs wait to charge at Electrify America chargers in East Brunswick, New Jersey, on July 6. At 10 of the busiest EV fast charging stations in California, Electrify America has enacted a strict limit. There can also be other legitimate reasons a driver may want to charge to 100% at a fast charger, said Barrosa. Cases like these are why Electrify America probably won’t institute an overall charging cap at charging stations near major highways, he said.
Persons: Peter Valdes, unplug, Tesla’s, , Sara Rafalson, we’ve, Robert Barrosa, ’ ”, EVgo, EVgo’s Rafalson, Barrosa, let’s Organizations: CNN, Chevrolet Blazer, EV, Mercedes, Benz, Hyundai, Fiat, Mazda Locations: New York City, Bristol , Pennsylvania, Bristol, East Brunswick , New Jersey, EVs, America, California, America’s
In this article GM Follow your favorite stocks CREATE FREE ACCOUNT2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. The so-called "godfather" of the modern Corvette retired roughly a week after helping to introduce the new 2025 Corvette ZR1 — the most powerful and fastest version of the car ever produced. Corvette spinoff and SUVWall Street analysts have said GM could better leverage the Corvette brand by expanding models and, to an extent, sales. Tadge Juechter, retiring Corvette executive chief engineer, during the reveal of the 2025 Chevy Corvette ZR1 on July 25, 2024. 2020 Chevrolet Corvette GM
Persons: Juechter, Mark Reuss, Tadge Juechter, Reuss, Ray, Motors, there's, Morgan Stanley, Adam Jonas, you've, that's, I've, Ferrari, I'm Organizations: General Motors, Detroit automaker, Corvette, CNBC, Electric Corvette GM, Chevrolet, Motors, Porsche, Lamborghini Locations: Bowling Green , Kentucky
A drunk driver who killed four people and injured nine more when he crashed his SUV into a Long Island nail salon was driving 78 mph at the time of the crash, prosecutors said Thursday as the driver pleaded not guilty to a multitude of charges that include murder and vehicular manslaughter. Steven Schwally, 64, entered the pleas to a 38-count indictment for the deadly June 28 crash at the Hawaii Nail & Spa store in Deer Park. Prosecutors said in court papers that Schwally purchased two 375-milliliter bottles of Montebello Long Island Iced Tea at 11 a.m. on the day of the crash. Investigators determined that he was driving 78 mph (125 kph) one second before the crash, prosecutors said. Prosecutors said Schwally had no regular address and had been living in hotels for more than a year.
Persons: Steven Schwally, Schwally, Richard Ambro, Prosecutors, Schwally “, Ray Tierney Organizations: Hawaii, Legal Aid Society of, New York Police Department, Newsday, Traverse, Marine, Prosecutors Locations: Deer Park, Legal Aid Society of Suffolk County, Schwally, Montebello, Deer, ” Suffolk County, Suffolk County
Tesla is having trouble wooing new EV shoppers
  + stars: | 2024-07-30 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +4 min
That's bad news for Tesla, especially as a yearlong slowdown in EV demand is beginning to impact the EV leader's sales. That's off from 55% share a year ago and nearly 80% market share back in 2020, according to Experian data. AdvertisementThat leaves a potential opening for traditional automakers at a time when the EV market is getting tougher. That's already helped the brand chip away at Tesla's market share. And at Ford, EV sales were up 61% in the second quarter, trailing only Tesla in sales so far in 2023.
Persons: , Tesla, Elon, Power, Frank Hanley, That's, Hanley Organizations: Service, JD Power, Business, Cox Automotive, EV, Chevrolet, Silverado, Ford
In this article GM Follow your favorite stocks CREATE FREE ACCOUNT2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. The 2019 Corvette ZR1 started at $121,000. 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package (left) and 2025 Chevrolet ZR1. 2025 Chevrolet Corvette ZR1 GMOther performance models have helped to lift Corvette's average transaction price to roughly $106,000.
Persons: it's, GM Juechter, ZR1, Brad Franz, Franz, Morgan Stanley, Adam Jonas, Juechter, Ray Organizations: , Motors, Chevrolet, Detroit, GM, Wall Street, Chevrolet Corvette, Bowling Locations: Bowling Green , Kentucky
GM slows its EV plans again even as sales grow
  + stars: | 2024-07-23 | by ( Michael Wayland | ) www.cnbc.com   time to read: +2 min
Barra's comments come a week after she raised concerns about GM hitting its North American EV production capacity target. The entire Buick brand has targeted being fully electric by 2030, as part of GM's plans to exclusively offer consumer EVs by 2035. GM previously announced plans for four of the multibillion-dollar plants in the U.S. by 2026. Barra on Tuesday said the company would grow cell production in a "meaningful cadence." GM CFO Paul Jacobson declined to discuss potential plans to delay or cancel the automaker's future EV battery cell plants, aside from the two facilities making cells in Ohio and Tennessee.
Persons: Motors, Mary Barra, Barra, Paul Jacobson, " Jacobson, EVs, Jacobson Organizations: DETROIT –, Buick, GM, American, Detroit, LG Energy, EV Locations: Detroit, DETROIT, U.S, Michigan, North America, Ohio, Tennessee
G.M. Will Restart Cruise Taxi Service
  + stars: | 2024-07-23 | by ( Neal E. Boudette | ) www.nytimes.com   time to read: +1 min
General Motors said on Tuesday that its Cruise driverless-taxi division has restarted test operations in three Sun Belt cities, using self-driving cars with human safety drivers who will monitor the vehicles and intervene if needed. The incident prompted California to revoke Cruise’s license to operate driverless vehicles in the state. G.M.’s chief financial officer, Paul Jacobson, said Cruise is now providing autonomous ride services in Dallas, Houston and Phoenix. He also said Cruise was using self-driving versions of the Chevrolet Bolt electric car and that production of a dedicated driverless cab called the Cruise Origin had been suspended indefinitely. developed the Origin — a rectangular, van-like vehicle with no steering wheel or pedals — specifically for Cruise.
Persons: Motors, , Paul Jacobson, Cruise Organizations: Sun, Chevrolet Bolt Locations: San Francisco, California, G.M, Dallas , Houston, Phoenix
GM indefinitely delays Cruise Origin autonomous vehicle
  + stars: | 2024-07-23 | by ( Michael Wayland | ) www.cnbc.com   time to read: +2 min
DETROIT – General Motors is indefinitely delaying production of its Origin autonomous vehicle as its embattled Cruise self-driving unit attempts to relaunch operations. The Detroit automaker said Tuesday its majority-owned robotaxi unit will instead focus on using the next-generation Chevrolet Bolt for development of autonomous vehicles. Cruise has been using now-discontinued Bolts for autonomous vehicle development for several years. It was not immediately clear how many Origin vehicles the facility has produced, however it was previously reported that ex-Cruise CEO Kyle Vogt, a cofounder, told staff that hundreds of Origin vehicles had been produced. Cruise in February 2022 petitioned U.S. regulators seeking permission to deploy up to 2,500 self-driving Origin vehicles annually without the human controls.
Persons: Mary Barra, Cruise's, Cruise, Rowe Price, Kyle Vogt Organizations: DETROIT, Motors, Cruise, Detroit, GM, Honda Motor, Microsoft, Walmart Locations: Detroit, San Francisco, Phoenix , Houston, Dallas, Dubai, U.S
Sales of sports cars have been steadily declining for about three decades, but there has been one exception to that trend. The Chevrolet Corvette has recently stormed back to near-record popularity. sold 53,785 of the eighth-generation Corvettes, or C8s, worldwide last year, just 22 shy of its top sales year in 1979. Americans bought about 34,000 of those, including Stingray coupes that start from $66,000, nearly twice as many Corvettes as they bought in 2019. The car’s revival has been driven by a change that may not seem a big deal to the average commuter.
Organizations: Chevrolet, Motors, Stingray, Ferrari, Lamborghini, Engineers, G.M, Italia
CNN —Measuring about half the length of a Ford F-150, Kei trucks look almost like toys in comparison to your standard pickup truck. Instagram page Kei Trucks Appreciation Society (@keitrucksas) sells Kei truck-themed merchandise from hoodies to stickers and posts memes for its more than 95,000 followers. On X, Kei truck fans share pictures of mini trucks they spot in the wild. Most states lack Kei-specific regulation entirely, and so far, only 19 states allow Kei trucks on public roads. And data from Edmunds showed that Americans were trading in more midsize and large pickup trucks for compact trucks than vice versa.
Persons: Kei, , George Zotos, Bill Pugliano, Zotos, Tetsu Ichino, , I’ve, it’s, Andrew O’Bright, Kei truck’s, ” Zotos, Melissa Torre, Torre, Mark Schirmer, Mercedes ’ Smart, ” Schirmer, Ford, Edmunds, Ivan Drury, Drury, Organizations: CNN, Ford, Silverado, American International Detroit Auto, Research, JDM Imports, Philadelphia, Torre, Daihatsu, Cox Automotive, Mercedes, Benz, Insurance Institute for Highway Safety, Ford Maverick, Hyundai, Hyundai Santa Cruz Locations: Japan, New York, Detroit , Michigan, Rockville , Maryland, Maryland, Chicago, Kei, U.S, Hyundai Santa
A prototype of an electric NASCAR race car sits on the lawn during the NASCAR Xfinity Series The Loop 110 at the Chicago Street Course on July 6, 2024. NASCAR on Saturday unveiled a prototype electric race car as part of a new initiative that aims to reduce the organization's emissions and electrify aspects of the sport. The vehicle's debut, in partnership with the electrification and automation company ABB, came one day before NASCAR's Chicago Street Race. The "ABB NASCAR EV Prototype," developed in collaboration with Chevrolet , Ford and Toyota , is an electrified stock car that can produce 1,000 kW (or 1341 horsepower) at peak power. Like most existing hybrid or full-electric vehicles, the race car has a regenerative braking system that converts kinetic energy from braking into electrical power.
Persons: NASCAR's, Chris Shigas, Shigas, Eric Nyquist Organizations: NASCAR, ABB, EV, Chevrolet, Ford, Toyota, NBC Locations: United States, U.S, California
In 2006, her son died in a construction accident, six months after her husband had a major stroke. They settled in Tarpon Springs, Florida, and Sussman got a job in the catering department for several hotels. AdvertisementHer husband decided he wanted to live his last years on the property where they would have their dream home, and they put a manufactured home on the property. "I didn't know who I was in this new role. I didn't know where to go from there."
Persons: Janet Sussman, Sussman, Panama Sussman, " Sussman, she's Organizations: Service, Business, pats, United, Panama City Locations: New York, Panama, Philadelphia, Tarpon Springs , Florida, Florida, Airbnbs, Panama City, United States, Clearwater , Florida, Panama —
A car shopper today has their pick of traditional internal combustion engine (ICE) vehicles; mild-hybrid electric vehicles (MHEVs); hybrid electric vehicles (HEVs); plug-in hybrid electric vehicles (PHEVs); fuel cell electric vehicles (FCEVs) and battery-electric vehicles (BEVs), also commonly known as EVs. Here's a breakdown: Internal combustion engine (ICE): A "traditional" vehicle with an engine that's fueled with gasoline or diesel. Hybrid electric vehicle (HEV): Think of the Toyota Prius, a vehicle that has a hybrid powertrain system combined with an engine. Plug-in hybrid electric vehicle (PHEV) : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery. : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery.
Persons: Paul Waatti, Heather Seymour, Seymour, Stellantis, Waatti, Michael Wayland, Antonio Filosa, Russell Wager, Jérémie Papin, BEV Organizations: DETROIT —, Pacifica, Toyota, CNBC, Motors, Chevrolet, Kia America, EV, Kia, GM, Detroit, GM Energy, Ford Motor, Auto, Nissan, ICE, Toyota Prius Locations: U.S, Stellantis, St, Johns , Florida, Detroit, Japan, South Korea, Germany
The workplace drama I'm now highly invested in is from the Mohawk Chevrolet dealership in Ballston Spa, New York. The three-person marketing team in charge of posting on social media would sometimes try to jump on a TikTok trend or some other kind of lighthearted fare. So far, nothing out of the ordinary for a car dealership, this one founded in 1919 with the slogan "We go out of our way to please you." But then, somehow, they made a masterpiece — a mockumentary about the dealership in the style of "The Office." But is a viral video from a local car dealership actually good for sales?
Persons: , I'm, Nathanael Greklek, Ben Bushen, Grace Kerber, Bushen, Guy Fieri, Kerber, They've Organizations: Service, Mohawk Chevrolet, Business, Chevy, Chevrolet, Honda, BMW Locations: Ballston Spa , New York, Saratoga
Cars sit on a Chevrolet dealership's lot on June 20, 2024 in Chicago, Illinois. DETROIT – U.S. auto sales through the first half of the year are expected to be up by 2.9% compared to a year ago, but there are concerns that the auto industry may not be able to continue the momentum during the last six months of the year. Vehicle inventory levels are growing, incentives are increasing and there's growing uncertainty during the second half of the year surrounding the economy, interest rates and U.S. presidential election, according to Cox Automotive. The auto data and research firm expects sales growth to slow during the second half of the year to end 2024 at 15.7 million units, roughly a 1.3% increase compared to 2023. And, unlike in recent years, growth is coming from commercial sales compared to more profitable sales to consumers.
Persons: we're, Cox, Jonathan Smoke Organizations: CDK, DETROIT, Cox Automotive Locations: Chicago , Illinois, United States, Canada, DETROIT – U.S
Senator John Fetterman, Democrat of Pennsylvania, was at fault in a car accident in Maryland on Sunday and has a record of distracted driving and infractions, according to police records and former aides. A witness to the crash said Mr. Fetterman passed her on Eisenhower Memorial Highway in western Maryland, driving well over the posted speed limit of 70 miles per hour, according to the police report. Mr. Fetterman’s vehicle then rear-ended another, the report said. The senator and his wife, Gisele Barreto Fetterman, as well as the other driver, a 62-year-old woman driving a Chevrolet Impala, were taken to the hospital. Images of what appeared to be Mr. Fetterman’s totaled SUV were obtained by WPXI.
Persons: John Fetterman, Fetterman, Gisele Barreto Fetterman, WPXI Organizations: Chevrolet Impala, Maryland police, USA Locations: Pennsylvania, Maryland
GM has a secret to help sell its new EVs. It's Costco
  + stars: | 2024-06-07 | by ( Michael Wayland | ) www.cnbc.com   time to read: +8 min
Costco Auto has facilitated more than 500,000 vehicle sales annually over the past five years on average, according to Jay Maxwell, Costco Auto Program general manager responsible for strategic partnerships. GM declined to disclose how many Costco customers have purchased GM vehicles through the program. EV interestA growing number of vehicle sales made through Costco Auto are of electric vehicles, Costco said. In addition to GM, Costco Auto has partnered with Volvo, including its Polestar EV startup brand, Audi and others over the years. The Costco Auto Program was initially part of wholesale competitor Price Club, which merged with Costco in 1993.
Persons: Kena, Motors, it's, Marissa West, Michael Wayland, Jay Maxwell, Maxwell, Mary Barra, That's, Cox, Scott Mlyn, Julie Craig, , Melissa Repko Organizations: Costco, Corbis, Getty, DETROIT —, Costco Wholesale, Detroit automaker, Costco Auto Program, EVs, Chevrolet, Chevrolet Blazer, GM North America, CNBC, U.S, Costco Auto, Canada, Ford Motor, Volkswagen, Brands, Lithia Motors, AutoNation, GM, EV, Volvo, Audi, CNBC Costco Auto, Cadillac, Industry, Cox Automotive, Dealers, New York Auto Show, Price Club Locations: Teterboro , New Jersey, CNBC, U.S, Detroit, Canada
Also, some used EVs are eligible for up to $4,000 in federal tax credits , and several states offer tax credits or rebates. Although as with buying any used car — from manufacturers and independent dealers, online marketplaces or private owners — there are pros and cons. The Hertz Car Sales website "Shop EVs" button recently listed 1,475 of the 1,638 used EVs listed as "Hertz Certified." A March study by automotive research firm iSeeCars found that the average used car price was down 3.6% from last year, though used EV prices had plummeted 31.8%, equating to $14,418 in value. A follow-up question — "Can you tell me about 2022 Tesla Model 3s being sold by Hertz Car Sales?"
Persons: Hertz, , iSeeCars, Elon, Karl Brauer, Brauer, Yossi Levi, Guy, Tesla, Carvana, Edmunds, ChatGPT, Hertz's, Matt Quinn, CarGurus, Eugene Park Organizations: Hertz, EV, Hertz Global Holdings, U.S, Bolts, Car, Hertz Tesla, Tesla, ChatGPT, Hertz Car Locations: U.S, Massachusetts, Colorado, Edmunds, CarGurus
CNN —Sales of new electric vehicles have started to slow, but the opposite is happening with used EVs. The used car sales website Carvana saw its used EV sales more than double since last year. While increases in used EV sales are huge, they still make up a small portion of overall used vehicle sales. Used EVs still cost more, on average, than used gas-powered vehicles, but they cost a lot less than new EVs. While prices for new EVs average around $63,000, prices for used ones average around $36,000, according to Cars.com.
Persons: EVs, Carvana, wasn’t, Price, Cars.com, Truecar, , who’ve, , Matt Jones, ” Manheim, “ We’ve, it’s, Grace Huang, we’ve, Tesla, Jones, Rebecca Lindland, Courtney Vaughn, “ I’m, Lindland Organizations: CNN —, EV, TrueCar, Cox Automotive, Cox, Cars.com, Chevrolet, Hyundai, Hyundai Kona EV, US Department of Locations: Georgia, New York, California,
Read previewChevy's electric aspirations are about to meet their toughest test yet with the launch of the Silverado EV and the Equinox EV. All of this adds up to the security that today's EV shopper is looking for, Majoros told me in an interview. The RST First Edition Silverado EV, which is on sale now, goes for $94,500. Equinox EV is a step in the right direction, but can it beat a hybrid? That could be bad news for Chevy dealers and Equinox EV, which might lose out in a comparison with Ford's or Toyota's hybrids.
Persons: , Steve, Majoros, you've, it's, Ford's, Elon Organizations: Service, Silverado EV, GM, Business, Chevrolet, Motors, Silverado, Equinox Locations: Detroit
The company has a low forward price-to-earnings ratio of roughly 8.6. Ulta Beauty also made the screen as a cheap stock that analysts are bullish on. The stock has a 14.5 forward price-to-earnings ratio and a consensus buy rating from analysts polled by FactSet. Online pickup orders inside an Ulta Beauty store in the Upper East Side neighborhood in New York, US, on Monday, Nov. 27, 2023. The stock has a 14.5 forward price-to-earnings ratio and a consensus buy rating from analysts polled by FactSet.
Persons: Jefferies, Trevor Williams, We're, FactSet, Stifel, Ulta, General Motors, Bing Guan Organizations: Dow Jones, Nasdaq, CNBC, Financial, Global Payments, Jefferies, JPMorgan, Cadillac, Chevrolet, General, FedEx, Halliburton, Gilead Sciences, CVS Health, Bloomberg, Getty, CVS, Epam, Motors, HAL Halliburton, Resorts, JBL, LKQ, Vegas Sands Corp, MGM MGM Resorts International, LSEG Financial, Inc Locations: Gilead, New York
The Equinox EV is a solid addition to the electric crossover market. The Equinox EV is priced and designed to compete directly with Tesla's mass-market cars. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThere's another electric Chevrolet crossover on the market as the bowtie brand leans into EVs while others are pulling back. Two trims of the Equinox EV are available on dealer lots today, with a starting price of $43,295.
Persons: Organizations: Service, Metro Detroit, GM, Business
Read previewAfter a long wait, the Chevrolet Silverado EV has officially entered the electric truck wars. On this first drive with the truck, two things struck me immediately: its size and handling. Ultimately, I came away with the impression that the Silverado EV is built for people who love trucks — because of course it is. Trucks have always been Detroit's crown jewel, but big trucks and SUVs are going out of style in the EV segment. AdvertisementIn the end, the Silverado EV was fun to drive and handled well, but it's just too beefy for my taste.
Persons: , let's, you'll, Tesla, it's Organizations: Service, Chevrolet Silverado EV, Business, EPA, Detroit, Silverado
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