Shares of Chinese EV company Xpeng are rising after forecasting delivery growth

The Xpeng X9 electric MPV on display at the Beijing Auto Show on April 25, 2024. CNBC | Evelyn Cheng BEIJING – Chinese electric car company Xpeng saw its shares…

The Tesla Fremont factory suffers another fire, investigation is ongoing

An aerial view of the Tesla Fremont factory on April 24, 2024 in Fremont, California. Justin Sullivan | Getty Images A fire broke out Tesla's vehicle assembly plant in Fremont,…

How Toyota Tacoma Conquered the Ford F-150 and the American Truck Market

The US pickup truck market is mainly dominated by domestic brands Ford, Chevrolet, GMC And Ram. American brands benefit from a loyal buyer base and a 25% tax on imported…

Dodge, Ram boss Tim Kuniskis is retiring from Stellantis

Tim Kuniskis, head of Fiat Chrysler's passenger car division in North America, unveils the 2021 Dodge Durango SRT Hellcat SUV during an online event on July 2, 2020. Screenshot DETROIT…

Private deals on mansions, art and cars are on the rise

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the affluent investor and consumer. To register to receive future editions…

The world's best golfer Scottie Scheffler arrested on charges of assaulting an officer at the PGA event

Mugshot of PGA golfer Scott Alexander Scheffler, arrested for assaulting police after attempting to enter the PGA Championship venue. Source: Wave Scottie Scheffler, the world's top golfer, was arrested Friday…

As layoffs continue at Tesla, 600 jobs are being cut in California

As part of Teslas After a massive restructuring, the electric vehicle maker this week notified the California Employment Development Department that it is cutting about 600 additional workers at its…

This year, Xpeng is aiming for flying pre-orders for cars with delivery in 2026

Xpeng's “Land Aircraft Carrier” vehicle has a flying passenger drone hidden in the truck. The drone may come loose. XPENG AEROHT Xpeng AeroHT, a subsidiary of Xpengwants to deliver its…

Despite car incentives, high interest rates weaken deals for buyers

Simonskafar | E+ | Getty Images Incentives are returning to the auto market, but high interest rates are weakening deals for car buyers. “Pre-pandemic, people saw 0% financing for 60…

Biden EV tariffs may not be enough to stave off the growing threat

US President Joe Biden announces increased tariffs on Chinese products to promote US investment and jobs in the White House Rose Garden on May 14, 2024 in Washington, DC. Win…