Incoming Stellantis CEO Antonio Filosa, head of the company’s Americas operations, greets a Windsor Assembly Plant employee during an event celebrating Chrysler’s 100th anniversary on June 6, 2025. Stellantis DETROIT — “Mediocrity is not worth the trip.” That was part of incoming Stellantis CEO Antonio Filosa’s first public message after being named to lead the… Continue reading New Stellantis CEO faces slew of challenges, vows to avoid ‘mediocrity’
Author: CNBC Online news
Tesla inks first deal to build China’s largest grid-scale battery power plant
Tesla Inc. Megapack batteries at the Victorian Big Battery site operated by Neoen SA in Moorabool, Victoria, Australia, on Friday, Feb. 3, 2023. Elon Musk helped accelerate a transformation of Australias electricity grid to replace fossil fuels with clean power now it’s a testing ground for global climate action. Photographer: Carla Gottgens/Bloomberg via Getty Images… Continue reading Tesla inks first deal to build China’s largest grid-scale battery power plant
Everything we know about Tesla’s robotaxi launch in Austin
watch now Tesla‘s long-overdue robotaxi is finally hitting the streets this weekend, but the rollout may face some roadblocks. The Elon Musk-led electric vehicle company is expected to roll out robotaxis in Austin, Texas, on June 22, with the first driverless trip from the factory to a customer house expected on his birthday, June 28.… Continue reading Everything we know about Tesla’s robotaxi launch in Austin
A lesson for the West? Japan was better prepared than most for China’s rare-earth mineral squeeze
Bulldozer scoop soil containing various rare earth to be loaded on to a ship at a port in Lianyungang, east China’s Jiangsu province on September 5, 2010, for export to Japan. Str | Afp | Getty Images Japan has been quietly blazing a trail for supply chain resilience. Long before China in early April imposed… Continue reading A lesson for the West? Japan was better prepared than most for China’s rare-earth mineral squeeze
Senate GOP tax bill gives break on car loan interest — but not all vehicles qualify
Senate Majority Leader John Thune (R-SD) speaks during a news conference following the weekly Senate Republican policy luncheon at the U.S. Capitol on June 17, 2025. Anna Moneymaker | Getty Images News | Getty Images A multitrillion-dollar tax package issued Monday by the Senate Finance Committee would offer a tax break for drivers on auto… Continue reading Senate GOP tax bill gives break on car loan interest — but not all vehicles qualify
Waymo cars are coming to New York, but with a driver behind the wheel
Waymo driverless vehicles wait at a traffic light in Santa Monica, California, on May 30, 2025. Daniel Cole | Reuters Residents of New York City will soon start seeing Waymo cars cruising the avenues. But at least for now, a human will be in the driver’s seat. Alphabet‘s self-driving car unit announced on Wednesday that… Continue reading Waymo cars are coming to New York, but with a driver behind the wheel
Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas
Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon-owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year.… Continue reading Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas
Stellantis’ Ram brand to offer industry-leading pickup truck warranty as part of turnaround plan
Dodge Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year as part of an 18-month turnaround plan for the Stellantis-owned brand. The warranty covers the engine, transmission, transfer… Continue reading Stellantis’ Ram brand to offer industry-leading pickup truck warranty as part of turnaround plan
Tesla stock slips after report EV maker is pausing Cybertruck and Model Y production
A Tesla Cybertruck sits on a lot at a Tesla dealership on April 15, 2024 in Austin, Texas. Brandon Bell | Getty Images Tesla shares fell nearly 4% on Tuesday after a report that the electric vehicle maker was halting production of Cybertruck and Model Y models for a week in Austin, Texas. The production… Continue reading Tesla stock slips after report EV maker is pausing Cybertruck and Model Y production
GM unveils quickest Corvette ever with ZR1X ‘hypercar’ going 0-60 mph in less than two seconds
2026 Chevrolet Corvette ZR1X with Carbon Aero package GM DETROIT — General Motors is once again expanding its Corvette lineup with a new high-performance, hybrid variant of the quintessential American sports car. The Detroit automaker on Tuesday revealed the 2026 Chevrolet Corvette ZR1X “hypercar” — a souped-up version of the Corvette E-Ray hybrid that went… Continue reading GM unveils quickest Corvette ever with ZR1X ‘hypercar’ going 0-60 mph in less than two seconds