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☆ GM U.S. vehicle sales fall 1.5% during the first quarter, underperforming other major automakers
▼ + stars: | 2024-04-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – General Motors on Tuesday reported a 1.5% decline in first quarter U.S. vehicle sales compared to a year ago, as the overall auto industry normalizes after years of disruptions and volatile results. Retail sales to customers were up 6%, GM said. GM's sales are below expectations for the overall industry, which Cox Automotive forecast to be up 5.5% from a year earlier. Buick was the only GM brand to report a sales increase during the quarter, up 16.4% from a year earlier. GM reported sales of its full-size pickups totaled roughly 197,000 units, up 3.6% from a year earlier, during the first quarter – marking their best performance during that time since the first quarter of 2020.

Persons: Marissa West Organizations: DETROIT, Motors, U.S, Detroit automaker, GM, Cox, Buick, GMC, Cadillac, Chevrolet, GM North America

☆ Ford sees opportunity for Mustang as competitors abandon V8 engines
▼ + stars: | 2024-03-27 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — Ford Motor sees opportunity to grow Mustang sales as it becomes the last American muscle car with a traditional V8 engine, playing to generations of gearheads who've been drawn to the performance vehicles. The optimism comes after Mustang's closest American competitors ended production of their muscle cars in December. Jeff Marentic, general manager of Ford Blue products, which includes the Mustang, said the pony car remains good business for the automaker both domestically and internationally. "For people who are looking for a true American sports car, it's available to them. … We're looking and talking about the future of Mustang, and how far we can grow it."

Persons: gearheads who've, Stellantis, Jeff Marentic, Marentic Organizations: DETROIT, Ford Motor, General Motors, Chevrolet, Dodge Challenger, Ford, CNBC Locations: American

☆ What investors should know about the U.S. easing vehicle emissions rules
▼ + stars: | 2024-03-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

President Joe Biden speaks at the United Auto Workers political convention at the Marriott Marquis in Washington, D.C., Jan. 24, 2024. The new Environmental Protection Agency rules released Wednesday aim to cut tailpipe emissions by 49% between model years 2027 and 2032. The EPA set a target for EVs to make up at least 35% of new vehicle sales by 2032. The EPA's new strategy for cutting tailpipe emissions doesn't focus only on EVs. The EPA's percentage targets for EV adoption are not mandates but expectations for how automakers could meet the emissions regulations.

Persons: Joe Biden, Saul Loeb, Biden, Emmanuel Rosner, Mary Barra, Ngan, John Bozzella, Stocks, Tesla, weren't, Chelsea Hodgkins, Martin Viecha, Chris Kapsch, Morgan Stanley, Adam Jonas Organizations: United Auto Workers, Marriott Marquis, Washington , D.C, AFP, Getty, DETROIT, Environmental Protection Agency, EPA, EV, Detroit Automotive, Wall Street, Detroit, General Motors, Ford Motor, Chrysler, capex, Deutsche Bank, Chevrolet Silverado, Huntington Place Convention, Afp, Alliance for Automotive Innovation, United Auto Workers union, UAW, Toyota, Public Citizen, Sierra Club, Democratic, GM, Ford Locations: Washington ,, Detroit , Michigan, U.S, Detroit, Michigan

AUSTIN, Texas (AP) — Five races into NASCAR's 2024 season and Ford is in a funk. A Ford win in Austin would seem like a long shot in NASCAR's fourth run on a track built for Formula One. Photos You Should See View All 60 ImagesAnd while it’s still early, Ford drivers make up just three of the 16 available Cup playoff spots. Ford drivers point to some solid statistics, even if the major results are lacking. NASCAR vs F1The Circuit of the Americas is the only track used by NASCAR and F1, but the two racing series have vastly different styles.

Persons: Ryan Blaney, “, Tyler Reddick, Shane van Gisbergen, Chase Elliott, it’s, Blaney, haven’t, ”, Chris Buescher, We’ve, we’ve, ” Buescher, Chase Briscoe, Stewart, Haas, we've, ” Briscoe, Briscoe, Ford, van Gisbergen, It’s, Reddick, COTA, there's, I've, ” Reddick, they’ve, FanDuel Organizations: Ford, NASCAR, Circuit, Formula One, Toyota, RFK Racing, Haas Racing, Fords, Blaney's, COTA Locations: AUSTIN, Texas, Atlanta, Austin, Victory, Americas

☆ Why a small China-made EV has global auto execs and politicians on edge
▼ + stars: | 2024-03-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +12 min

The rise of BYD and other Chinese automakers led Tesla CEO Elon Musk in January to warn that Chinese automakers will "demolish" global rivals without trade barriers. Caresoft, an engineering benchmarking and consulting firm, has already torn down one China-built BYD Seagull and is preparing to do another. Michael Wayland / CNBCThe consulting firm tore apart the BYD Seagull piece by piece to benchmark the small EV against vehicles from other startups and traditional automakers. Its initial study of the BYD Seagull found it to be efficiently and simplistically designed, engineered and executed, but with unexpected quality and anticipated reliability. Growing concernsBYD's rise comes at a precarious time for global auto industry dynamics.

Persons: It's, Terry Woychowski, Warren Buffett, —, BYD, Tesla, Elon Musk, Caresoft Bernstein, Nissan, Michael Wayland, Caresoft, simplistically, Woychowski, Mathew Vachaparampil, CNBC BYD, Stellantis —, Donald Trump, Zach Gibson, Jennifer Granholm, Republican Sen, Marco Rubio, Trump, –, GM Dong, Tang, Marin Gjaja, Gjaja, Ford, you've, Evelyn Cheng, Dylan Butts Organizations: Shanghai International Automobile Industry, National Exhibition, Convention Center, Visual China, Getty, U.S, General Motors, Caresoft, Alliance for American Manufacturing, Overseas, Chevrolet, Nissan Leaf, Bolt, Chicago Federal Reserve, BYD, CNBC, Cox Automotive, Seagull, Tesla, Toyota Motor, Nissan Motor, Honda Motor, Hyundai, Kia, — GM, Ford, Chrysler, U.S ., Washington , D.C, Bloomberg, Republican, North American Free Trade, Republicans, Buick, SAIC, GM, GM Dong Yue Motors Co, Detroit Locations: Shanghai, LIVONIA, Mich, –, China, Europe, Latin America, Detroit, Texas, Germany, Japan, U.S, Livonia , Michigan, America, XPENG, Mexico, Thailand, Brazil, Indonesia, Hungary, Uzbekistan, ., Washington ,, United States, Marco Rubio of Florida, Yantai, Shandong Province

☆ Read the Class Action Complaint Against G.M. and LexisNexis Risk Solutions
▼ + stars: | 2024-03-14 | by ( ) www.nytimes.com time to read: +2 min

On March 11, 2024, the New York Times reported an investigative piece about this exact issue.² The article highlights individuals who have had their insurance rates increase due to Lexis publishing, among others, General Motors car drivers' data. For one consumer "[i]t felt like a betrayal" because GM took "information that [he] didn't realize was going to be shared[.]" In recent years, automakers, including G.M., Honda, Kia and Hyundaí, have started offering optional features in their connected-car apps that rate people's driving. Some drivers may not realize that, if they turn on these features, the car companies then give information about how they drive to data brokers like LexisNexis... Especially troubling is that some drivers with vehicles made by G.M.

Persons: G.M, Last Organizations: New York Times, Lexis, General Motors, Honda, Kia, LexisNexis, Chevrolet, Smart

☆ Scottie Scheffler: Why Grandma’s chocolate pie and staying humble is the perfect recipe for the world No. 1
▼ + stars: | 2024-03-12 | by ( Don Riddell | Jack Bantock | ) edition.cnn.com time to read: +5 min

The American returns to TPC Sawgrass on Thursday bidding to become the first player ever to retain golf’s unofficial “fifth major” – The Players Championship. His seventh PGA Tour title came almost a year to the day since his last triumph on the circuit – also by five strokes – at TPC Sawgrass. 1 is such a fan of her chocolate cream pie that the head chef at the TPC Sawgrass clubhouse served the family his rendition of the treat earlier this month. I keep telling her to cut me smaller pieces of the pie, but that pie just keeps getting bigger. “Golf does a good job of keeping you humble and motivated.”Scheffler laughs with tournament host Woods after winning the Hero World Challenge - an unofficial event on the PGA Tour - in December.

Persons: Scottie Scheffler, Arnold Palmer, Mary Delorenzo, –, Scheffler, Grandma, ” Scheffler, CNN Sport’s Don Riddell, “, Chris Condon, “ It’s, ”, ” Matt Voskuil, Tiger Woods, it’s, It’s, didn’t, Woods, Mike Ehrmann, Quizzed, Meredith, I’m, I’ve, golf’s Organizations: CNN, Arnold Palmer Invitational, Sunday, TPC, PGA, you’re, University of Texas, Cowboys Locations: Dallas

☆ Automakers Are Sharing Consumers’ Driving Behavior With Insurance Companies
▼ + stars: | 2024-03-11 | by ( Kashmir Hill | ) www.nytimes.com time to read: +1 min

So Mr. Dahl, 65, was surprised in 2022 when the cost of his car insurance jumped by 21 percent. One insurance agent told him his LexisNexis report was a factor. Upon Mr. Dahl’s request, LexisNexis sent him a 258-page “consumer disclosure report,” which it must provide per the Fair Credit Reporting Act. What it contained stunned him: more than 130 pages detailing each time he or his wife had driven the Bolt over the previous six months. The only thing it didn’t have is where they had driven the car.

Persons: Kenn Dahl, He’s, Dahl, Dahl’s Organizations: Chevrolet, LexisNexis Locations: Seattle, New York

☆ Your car might be secretly recording every drive you take — and sending it to your insurance company
▼ + stars: | 2024-03-11 | by ( Nora Naughton | ) www.businessinsider.com time to read: +2 min

Read previewYour driving habits aren't as private as you think they are, according to a recent report from The New York Times. Internet-connected vehicles can gather data on driving habits, including hard braking and rapid accelerations, and share that information with data broker LexisNexis, which works with insurance companies to create personalized coverage. AdvertisementGeneral Motors's OnStar Smart Driver service is a focus of the Times report. Some drivers who were enrolled in Smart Driver told the Times that their insurance costs went up. If you own a GM car (Chevrolet, Cadillac, Buick, or GMC) with OnStar services, you can check on whether you're enrolled in Smart Driver in your car's app — MyChevrolet, MyBuick, etc.

Persons: —, Motors's OnStar Organizations: Service, The New York Times, LexisNexis, Business, Chevrolet Bolt, The Times, Smart Driver, Times, GM, Smart, Chevrolet, Cadillac, Buick, GMC Locations: OnStar

☆ GM cuts Chevy Blazer EV price as sales restart following software issues
▼ + stars: | 2024-03-08 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

Scott Mlyn | CNBCDETROIT — General Motors is reducing the price of its new Chevrolet Blazer EV by thousands of dollars as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues. Current 2024 Blazer EV models will start at $50,195, or $6,520 less than when it first went on sale in August. "There is not this singular, predominant root cause that causes all of these issues," Cetinok told CNBC during an interview. Still no Apple CarPlayIn addition to fixing the software issues, GM added or changed some features following early customer feedback. More expensive "RS" models of the Blazer EV will be reduced by $5,620 to starting prices of $54,595 for all-wheel drive, or $56,170 for rear-wheel drive.

Persons: Scott Mlyn, Baris, Cetinok, Price Organizations: Electric, CNBC DETROIT —, Motors, Chevrolet, GM, CNBC, Apple, Blazer SS EV, Android Auto, Blazer, Apple Inc

☆ Rivian reveals its new, more affordable off-road EVs
▼ + stars: | 2024-03-07 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

Prices for the R2 SUV, which will go on sale in early 2026, will start at around $45,000, Rivian said. That’s something that set the larger R1S apart among electric SUVs, few of which can seat more than five. The Rivian R2. The Rivian R2 and R3 are Rivian’s smaller, more affordable off-road EVs Rivian“For $75,000 I can buy a Mercedes or a BMW, a 100-year-old Europe power house,” he said. Without naming Rivian, Scout chief executive Scott Keogh noted the advantage of Scout’s established brand name.

Persons: CNN — Rivian, Rivian, R.J, Scaringe, It’s, “, ” Scaringe, won’t, Sandeep Rao, ”, Scott Keogh, ” Keogh Organizations: CNN, US EV, BMW, Kia, Hyundai, Volkswagen, Scout, International Harvester Locations: Georgia, Europe, South Carolina

☆ A millennial who quit her office job to live in a school bus explains what her lifestyle costs and how she makes 6 figures freelancing
▼ + stars: | 2024-03-03 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Read previewAlice Everdeen has traveled the country in a school bus for more than a year. The 32-year-old quit her office job at an Austin-based supplement company in 2020, and now makes $130,000 a year working remotely while on the road. The couple has been on the road since September 2022 — and they recently finished refurbishing the school bus they call home. Her main budget items are limited to cell service, food, and costs associated with parking and gas for the school bus. Sometimes others have misconceptions about Everdeen, she said, and they wonder why she is living in her school bus by choice.

Persons: —, Alice Everdeen, Everdeen, Jared, doesn't, They're Organizations: Service, Business Locations: Austin, Texas, Maine, Montana

☆ A victim in Tyler Boebert's alleged theft spree said she was going to use the money stolen from her to pay for a brain tumor surgery
▼ + stars: | 2024-02-29 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

GOP Rep. Lauren Boebert's son, Tyler Boebert, was arrested in connection to a series of property thefts. One victim whose wallet was stolen told cops she has a brain tumor and can't pay for surgery, an affidavit said. Tyler Boebert faces more than 20 charges related to the string of property thefts and car break-ins. Tyler Boebert, 18, was arrested on Tuesday by Colorado's Rifle Police Department in connection to a spate of local property thefts and car break-ins. Garfield Combined CourtsThe victim told investigators that she has a brain tumor and now does "not have the money to get her surgery," the arrest affidavit says.

Persons: Lauren Boebert's, Tyler Boebert, —, mom's, Boebert, Lauren Boebert, Tyler Organizations: Service, Colorado GOP, Colorado's Rifle Police Department, Chevrolet, Rifle, Aspen Real Estate Company, Police, Business Locations: Colorado, Garfield

☆ The Tesla Cybertruck is impressive and worrying
▼ + stars: | 2024-02-23 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +9 min

Then, in 2019, Elon Musk unveiled the Tesla Cybertruck, a bare metal box on wheels. Even when I parked a rented Tesla Cybertruck next to a hot-pink McLaren supercar in a shopping center parking lot in California, the people in the McLaren couldn’t stop talking about the Cybertruck. Peter Valdes-Dapena/CNNThe Tesla Cybertruck looks like nothing else on the road. There’s a lot to like about the Cybertruck, but it also embodies a disturbing level of individual arrogance in hard, unforgiving steel. The Tesla Cybertruck's simple interior is nice enough but, with hardly any switches or knobs, this is the easy part.

Persons: Tesla, Elon Musk, who’d, Peter Valdes, Walter Isaacson’s, Musk, It’s, CNN Tesla, I’d, haven’t, there’s Organizations: Laguna Beach , California CNN, Ford, Chevrolet Silverado, GM, McLaren, CNN, Tesla, SpaceX, Goodyear, Lamborghini, Ferrari, General Motors, Silverado EV Locations: Laguna Beach , California, California, Turo

Audrii never made it onto the bus, the Polk County Sheriff’s Office said. “Audrii should have caught the school bus at her neighborhood bus stop; however, school officials reported to the Sheriff’s Office that the school bus did not pick Audrii up, nor did she report to school,” the sheriff’s office said. Authorities search for Audrii Cunningham, the 11-year-old Texas girl who vanished in Polk County on Thursday. Anyone with information in this case is asked to immediately contact the Polk County Sheriff’s Office at 936-327-6810 or submit an anonymous tip online. CNN’s Rosa Flores and Sara Weisfedlt reported from Livingston, Texas, and Steve Almasy, Holly Yan and Raja Razek reported from Atlanta.

Persons: Audrii, Don Steven McDougal, Byron Lyons, McDougal, Audrii Cunningham, ’, Audrii McDougal, Audrii’s, Audrii didn’t, –, ” Lyons, “, …, ”, Cassie Matthews, ” Matthews, “ There’s, Stoppers, Chris Boyette, Joe Sutton, CNN’s Rosa Flores, Sara Weisfedlt, Steve Almasy, Holly Yan, Raja Razek Organizations: Texas CNN, Sheriff’s, CNN, ” CNN, Lake Livingston, Texas Parks & Wildlife, KPRC Locations: Livingston, Texas, Houston, Polk, Lake Livingston, Polk County, Lake, Trinity, East Texas, ”, ” Polk County, Livingston , Texas, Atlanta

☆ Daytona 500: how to watch and what to know about Monday’s race as storms loom
▼ + stars: | 2024-02-18 | by ( Travis Caldwell | Issy Ronald | ) edition.cnn.com time to read: +5 min

CNN —The Daytona 500 has been postponed until Monday for just the third time in its history due to “inclement weather,” organizers announced Sunday. Consistent rainfall washed out Saturday’s lower-division Xfinity Series race and Sunday’s forecast is far from sunny. 6) exits the garage area during Daytona 500 practice on Friday. A two-time series champion and 2015 Daytona 500 winner, Joey Logano took the pole position with an average qualifying lap speed of 181.947 mph and will be a favorite to run up front throughout the day. Ricky Stenhouse Jr., the defending race champion and often competitive at superspeedways, will start 35th in the No.

Persons: Dwayne “, ” Johnson, –, Brad Keselowski, Mike Ehrmann, Joey Logano, Michael McDowell, McDowell, Toyotas, Sean Gardner, Ryan Blaney, Chase Elliott, Denny Hamlin, Bubba Wallace, Michael Jordan, William Byron, Kyle Larson –, Kyle Busch, gunning, Jimmie Johnson, Richard Petty, Ross Chastain, Pitbull, Ricky Stenhouse, Ryan Blaney's, Jared C, Tilton Organizations: CNN, NASCAR, Netflix, Daytona, FOX, Ford, Fords, Getty, Los Angeles Coliseum, Toyota, Hamlin, Chevrolet, of Famer Locations: Florida, Martinsville, pileups

DAYTONA BEACH, Fla. (AP) — Jimmie Johnson and his Legacy Motor Club race team welcomed Creed to NASCAR with arms wide open. So singer Scott Stapp and the rest of the multi-platinum rock band filled them — they handed Johnson an autographed guitar. Johnson, a two-time Daytona 500 winner, joked he quickly needed lessons. 84 Toyota on the scoring pylon and now the band and the seven-time NASCAR champion are in the Daytona 500. Legacy Motor Club reached an associate sponsorship deal with the band to give Creed a spot on the Toyota for Sunday’s Daytona 500.

Persons: — Jimmie Johnson, Creed, Scott Stapp, Johnson, ” Stapp, Gibson, Erik Jones ’, Jones, “ We’re, ”, Mark Tremonti, Richard Petty, “, Stapp, Tremonti, Brian Marshall, Scott Phillips, Madison Marsh, DJ Khaled, Dwayne “, ” Johnson, Pitbull, ” Tremonti Organizations: DAYTONA, Motor, NASCAR, Toyota, of Fame, GNR, Daytona Locations: Fla

DAYTONA BEACH, Fla. (AP) — Don’t expect Denny Hamlin to stay in line during the closing laps of the Daytona 500. “In the end, you have to be selfish to win these races and certainly we realize that through results more than anything else,” Hamlin said. He’s repeatedly made it clear he wouldn’t trade any of his Daytona 500 victories for series championships. “I think Denny is really good at, like, being dramatic and building our sport up well, bringing some drama to it. I think that’s good.”The ultimate drama might be seeing Hamlin jockeying teammates and his own drivers over the final laps.

Persons: — Don’t, Denny Hamlin, He’s, “, ”, Hamlin, ” Hamlin, Ricky Stenhouse, Stenhouse, Michael Jordan, Richard Petty, Cale Yarborough, Hall, Hall of Famers Bobby Allison, Dale Jarrett, Jeff Gordon, Richard, Cale, it’s, Martin Truex Jr, Ty Gibbs, Christopher Bell, Bubba Wallace, Tyler Reddick, Kyle Larson, Denny, Hamlin jockeying Organizations: DAYTONA, NASCAR, Chevrolet, Ford, Toyota, NBA, 23IX Racing, Hall of Famers, Daytona, JGR, Netflix, Hendrick Motorsports Locations: Fla, Los Angeles, 23IX

DAYTONA BEACH, Fla. (AP) — Jimmie Johnson raced his way into the Daytona 500 with a three-wide move through the final turn in the first qualifying race Thursday night. But the Toyota's lacked speed Wednesday night in time trials and Johnson failed to earn a guaranteed spot in what will be his 21st Daytona 500. It meant that he had to beat J.J. Yeley in the first of two qualifying races Thursday night at Daytona International Speedway. Ross Chastain than checked up in traffic and Yeley dipped into an outside line to try to get around Chastain. With the push from Truex, Johnson slid into the center lane behind Chastain and the trio sailed past Yeley to the finish line.

Persons: — Jimmie Johnson, Tyler Reddick, ” Johnson, He's, Johnson, J.J, “ I’ve, that’s, “, Martin Truex Jr, Ross Chastain, Chastain, ” Yeley, Truex Organizations: DAYTONA, 23XI Racing, NASCAR, of Fame, Legacy Motor, Chevrolet, Toyota, Daytona, Truex Locations: Fla, Yeley, Chastain

Berry, who drives for Stewart-Haas Racing and will make his Daytona 500 debut on Sunday, wished he had Swift sign a yearbook. “I would have already sold it by now,” he quipped Wednesday at Daytona 500 media day. For the Daytona 500, Hard Rock is taking bets on everything from winning driver and winning race team to top Ford, Chevrolet and Ford drivers. That’s the fastest I’ve ever accelerated because of the all-wheel drive and the torque.”YELEY BEHIND THE WHEELJ.J. Yeley was a late addition to the Daytona 500. DE FERRAN TRIBUTEAustin Cindric, the 2022 Daytona 500 winner, has dedicated this race to late open-wheel star Gil de Ferran.

Persons: — Taylor Swift, Josh Berry’s, Swift, Berry, Stewart, Haas, “, ”, Dang, ’ ” Berry, ” Berry, David Ragan, Ragan, ” Ragan, They’re, I’ve, Yeley, Greg Biffle, ” Biffle, FERRAN, Austin Cindric, Gil de Ferran, De Ferran, Cindric’s, Tim, Austin, ” “ Gil, ” Cindric Organizations: DAYTONA, Henderson, Daytona, ESPN Bet, NASCAR, Ford, Chevrolet, Martinsville Speedway, Toyota, EV, NY Racing, Team Penske, Penske, California Speedway Locations: Fla, Tennessee, Florida, BetMGM, Martinsville, Indianapolis

DAYTONA BEACH, Fla. (AP) — Ford swept the front row in qualifying for the Daytona 500 with former race winners Joey Logano and Michael McDowell shocking powerhouse Hendrick Motorsports. Superspeedway qualifying is 100 percent the car,” said Logano, who won the first Daytona 500 pole for Team Penske. Logano turned a lap of 181.947 mph as the 2015 Daytona 500 winner earned his first pole since Atlanta last year. Larson was third in a Chevrolet after Hendrick drivers had won three straight Daytona 500 poles heading into Wednesday night. Dillon won the Daytona 500 in 2018.

Persons: — Ford, Joey Logano, Michael McDowell, ”, Logano, “, ” Hendrick, Kyle Larson, McDowell, Larson, Hendrick drivers, Austin Cindric, Chase Elliott, William Byron, Richard Childress, Austin Dillon, Kyle Busch, Ross Chastain, Harrison Burton, Dillon, Anthony Alfredo, Beard, David Ragan, Jimmie Johnson, Alfredo, ” Ragan, “ It's, I've, Ragan, Erik Jones —, Johnson, —, “ I’ve Organizations: DAYTONA, Hendrick Motorsports, Team Penske, Ford, Atlanta, Row, Hendrick, Penske, Trackhouse Racing, Wood Brothers, Beard Motorsports, RFK Racing, Motor, Chevrolet, Toyota Locations: Fla, Logano, Camaros, Chevrolets

Larson nearly lost control of his Arrow McLaren Chevrolet during a four-plus-hour test at Phoenix Raceway on Monday, but the NASCAR star and 2021 Cup Series champion managed to save his Indianapolis 500 ride from hitting the wall at 180 mph. “I went into Indy car turmoil, got a little bit loose into the corner, got to the apex. He also is scheduled to drive the NASCAR race, the Coca-Cola 600, in Charlotte, North Carolina, later that day. He will be back in a Cup car next week at Daytona International Speedway to prepare for the season-opening Daytona 500. “I don’t think they’re as far apart from each other as what the previous model NASCAR Cup Series car was like or what an Xfinity car might be like,” he said.

Persons: Kyle Larson’s, Larson, Arrow McLaren, ” Larson, “, ”, John Andretti, Robby Gordon, Tony Stewart, Kurt Busch, Stewart, “ It’s, ” Hendrick, McLaren, Rick Hendrick, … It’s, Jenna Fryer Organizations: Phoenix Raceway, NASCAR, Indianapolis, Indy, Phoenix, IndyCar, Indianapolis Motor Speedway, Daytona, Auto Locations: Charlotte , North Carolina

☆ Hertz halts plan to buy 65,000 electric cars amid EV slump
▼ + stars: | 2024-02-06 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

The rental car giant is pausing plans to buy 65,000 electric cars from EV pioneer Polestar, according to comments made by Polestar CEO Thomas Ingenlath in an interview with The Financial Times . Hertz's estimated $3 billion agreement with up-and-coming EV maker Polestar in 2022 was seen as a major moment for electric vehicle adoption. AdvertisementIt came after Hertz struck a similar deal with Tesla and agreed to buy 100,000 of its EVs in 2021. However, since then the global EV market has stalled , with demand for electric cars slumping and major automakers rolling back some of their investments . AdvertisementThe company said in January it plans to sell 20,000 EVs from its fleet , including Teslas, Chevrolet Bolts, and Volvos.

Persons: Hertz, Thomas Ingenlath, Tesla, Elon, Ingenlath, Stephen Scherr, Polestar, Mary Barra Organizations: Financial Times, Polestar, Hertz, Teslas, Chevrolet Bolts, Volvo, Swedish, General Motors, Business

☆ Mark Zuckerberg's Meta wants to burst Apple's blue bubbles: WhatsApp is coming for iMessage in the US
▼ + stars: | 2024-02-03 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Getty ImagesThe Meta CEO reigns over an empire of social media apps that will be familiar to many Americans. Facebook bought the instant messaging app for $19 billion back in 2014, and has been able to turn it into a mega-hit across the world ever since. Such features seem to be of interest to businesses: WhatsApp's daily business users jumped 80% in the US last year, per data from Apptopia first reported by the Big Technology newsletter. 'Channels'WhatsApp is trying to offer the perks of social media without the publicity of it all. In late 2022, the Meta chief acknowledged that while there is still some time before bets on the metaverse can prove successful, "business messaging is probably going to be the next major pillar."

Persons: WhatsApp, iMessage, Mark Zuckerberg, —, Zuckerberg Organizations: Meta, Service, Apple, Bloomberg Intelligence, Facebook, Chevrolet, Samsung, Big Technology Locations: America

FORT LAWN, S.C. (AP) — South Carolina state Sen. Mike Fanning likes to talk to people. Politically, South Carolina varies from its neighbors. No explanation is offered for the inertia, which leaves South Carolina and Wyoming as the only states in the nation without such a law. South Carolina Republicans, meanwhile, have taken advantage of the changing national priorities of both parties. They took over the South Carolina Senate in 2000 by getting a Democrat to switch parties.

Persons: Sen, Mike Fanning, he's, Fanning, Jim Clyburn, Republicans —, “ I'm, “, hasn’t, Shane Massey, “ Ole Yella, ” Fanning, —, Franklin Roosevelt, Strom Thurmond's, Jaime Harrison, Lindsey Graham, Harrison, Joe Cunningham, Henry McMaster, Cunningham, Joe Biden, Donald Trump, It's, Drew McKissick, ” McKissick, McKissick, Todd Hardee, David Beasley, Hardee, Biden, ” Organizations: —, Democrat, Democratic, Republican, Chevrolet, Democratic U.S, Republicans, South Carolina Republicans, GOP, Columbia, Old, Senate, Democratic Party, South Carolina voters, State Democratic Party, U.S, Democrats, South Carolina House, South Carolina Senate, South Carolina Republican, Trump Locations: — South Carolina, Great Falls, Washington, South Carolina, Charlotte , North Carolina, Columbia, Georgia, North Carolina, Palmetto, Black, Fanning’s, Fanning's, Wyoming, Rock Hill, Spain, U.S, Charleston, South, Darlington

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