EV realism is here. How GM, Hyundai, Ford react in 2026 will be telling
Frederic J. Brown | Afp | Getty Images DETROIT – The U.S. automotive industry has entered a new phase for all-electric vehicles: realism. The industry was euphoric about the EV segment in the early 2020s, but consumer demand never took off as much as expected and, as it fizzled, automakers Continue Reading
Classic-car auctions hit $4.8 billion this year, set for strong 2026
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The strength in the classic-car market is expected to continue in 2026 as a new generation of collectors Continue Reading
U.S. admits liability in Army helicopter collision with American Airlines jet that killed 67 people
(EDITORS NOTE: Image contains graphic content) In this U.S. Coast Guard handout, the Coast Guard investigates aircraft wreckage on the Potomac River on Jan. 30, 2025 in Washington, DC. Handout | Getty Images News | Getty Images The United States admitted liability in the deadly collision between an Army Black Continue Reading
EU poised to water down 2035 ban on new diesel, gasoline cars
A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images The European Union on Tuesday is expected to water down its effective ban on sales of new combustion-engine cars from 2035, Continue Reading
Ford to record $19.5 billion in special charges related to EV pullback
DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. The Detroit automaker said most of those charges will occur during the fourth quarter. That will be Continue Reading
Inside Trump’s plans to make U.S. shipbuilding industry great again
President Donald Trump has vowed to lead a revival in U.S. shipbuilding, but the success of this manufacturing renaissance in a key sector for national security will rely on the expertise from overseas. The administration’s goal of a shipbuilding boom is a part of Trump’s “Make America Great” policy agenda. Continue Reading
Rivian’s AI, autonomy impresses but not enough to offset EV concerns
Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and Continue Reading
Rivian CEO RJ Scaringe on new AI tech, autonomous driving and more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau talks with Rivian CEO RJ Scaringe after the electric vehicle maker announced new AI tech, an in-house chip and robotaxi ambitions at the company’s first “Autonomy and AI Day” in Palo Alto, California.
Trump says U.S. could keep seized oil
U.S. forces abseil onto an oil tanker during a raid described by U.S. Attorney General Pam Bondi as its seizure by the United States off the coast of Venezuela, Dec. 10, 2025, in a still image from video. U.S. Attorney General | Via Reuters After the U.S. military seized a Continue Reading