Report says workers resorted to "slapping" battery components together by hand.
A new DeLorean will cost you around $100,000.
Elon Musk responds to a poll where the majority of respondents say they'd place a deposit for a Tesla Model 3.
Jay Leno will get a detailed look at the new Ford GT in the upcoming episode of his TV show on CNBC. This teaser provides a tantalizing idea of what to expect.
With Jay Leno's Garage coming to CNBC, the denim-clad comedian and Tim Allen reminisce about doing burnout battles on The Tonight Show in the '90s. Then, they decide to try it again in some modern muscle cars.
Jay Leno ambushed the streets of Los Angeles masquerading as an UberBlack driver named Rocco as part of a promotional campaign for his auto-themed series on CNBC.
Americans may save as much as $80 billion on lower gas prices in 2015, Schneider Electric's Matt Smith says on CNBC. And that's at a $2.60 per-gallon price.
Neil Young may be better known as a singer-songwriter and rock n' roll icon than he is for his involvement with cars, but the Canadian-born musician is not without his automotive credentials. His latest book, after all, is titled "Special Deluxe: A Memoir of Life & Cars," and one of his most famous songs, "Long May You Run," was written about his old station wagon. But does that mean he's got an inside line on new cars coming out?
Last we heard, Jay Leno was almost ready to sign a deal with CNBC to get back on television regularly for the first time since he left The Tonight Show. Well, it's official, and with the ink on the contract barely dry, we're getting some new details about Leno's upcoming car show.
It's no secret that we're big fans of Jay Leno's Garage around these parts. Each week on his video series, Leno gives us a look at pristine examples of classic cars that most of people can only dream about, and it looks like he might be bringing some version of that concept to television sometime soon.
When Warren Buffet makes an investment, people pay attention. That's just one of the perks of being one of the richest men in the world, and his latest move is a big one. Buffet's Berkshire Hathaway investment company is to hopping into the auto business in a huge way by buying Van Tuyl Group, the nation's largest privately owned auto dealer network, for an undisclosed sum.
Brett David has a pretty darn good life. At 26 years old, he's the CEO of Prestige Imports in Miami, which puts him at the wheel of the largest Lamborghini dealership in the US. Prestige also happens to have moved more Audis than any other dealer in three years.
It's just one in a laundry list of factors, but more fuel-efficient cars could make a difference in lowering oil prices dramatically to half their present levels, plunging to $50 a barrel by the end of the year. That's what Gulf Oil CEO Joe Petrowski is predicting in a new interview on CNBC's Squawk Box, though he is quick to point out that a halving of oil prices doesn't necessarily translate to a halving of fuel prices. And, Danny King
Despite his long history with traditional internal combustion engines and climate change skepticism, Bob Lutz remains a strong voice for the plug-in future of the automobile. If anything, his recent statement are getting stronger. To wit, in an recent interview with CNBC, the Chevy Volt's grandpappy (and the former vice chairman of Ge
Dan Akerson, CEO of General Motors, says his company is making contingency plans to move workers from South Korea should tensions escalate further between that country and North Korea. While speaking in an interview on CNBC's Squawk Box, Akerson said, "We are making contingency plans for the safety of our employees to the extent that we can."
CNBC will air an hour-long program this Wednesday on the brand behind the roundel called "BMW: A Driving Obsession," which the news channel bills as "the fascinating story behind a once small, struggling company that transformed itself into a global luxury car powerhouse." The four featured highlights will take looks at BMW World, art cars, the BMW tech center and Rolls-Royce.
CNBC is delving into the rebirth of Ford as an automotive force to be reckoned with in a new documentary called "Rebuilding an American Icon." The show will take viewers behind the scenes at the Blue Oval to see how the company managed to navigate through the automotive implosion of 2009. While the documentary will feature the usual raft of interviews with executives, CNBC says that it was allowed de