California plan aims to triple electric vehicle sales by 2026

SACRAMENTO, Calif. — California wants electric vehicle sales to triple over the next four years to 35% of all new car purchases, an ambitious goal set as part of the goal to phase out the sale of gasoline-powered cars by the middle of the next decade. The California Air Resources Board’s proposal would slowly increase … Read more

Racing Commission votes to defy federal law

AUSTIN, Texas – The Texas Racing Commission formalized its opposition Wednesday to the Horse Racing Safety and Integrity Act, federal anti-doping legislation passed in 2020 that members say will hamper the already beleaguered parimutuel betting industry in Texas. what you need to know Texas racing officials have agreed to oppose a new federal anti-doping law … Read more

Financial face-to-face: renting a car or buying a car: what should you do?

Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh your financial decisions. Our columnist will give her verdict, then you can tell us in the comments what you think. When you buy a car, you typically pay 20% cash up front, then pay the balance in monthly installments (with interest, … Read more

Biden to invoke Defense Production Act for electric vehicle battery materials

US President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the US Strategic Petroleum Reserve, as part of the administration’s efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, United States, … Read more

Two small cars cut from the GM range, is this the end of affordable compacts?

General Motors GM, +1.31% will drop two of its smaller vehicles from the lineup after the 2022 model year, according to a new report. GM Authority was first to announce that the Buick Encore and Chevy Trax will be canceled at the end of their current production runs. Neither of these developments is shocking. But … Read more

Two small cars cut from the GM range, is this the end of affordable compacts?

General Motors GM, +1.31% will drop two of its smaller vehicles from the lineup after the 2022 model year, according to a new report. GM Authority was first to announce that the Buick Encore and Chevy Trax will be canceled at the end of their current production runs. Neither of these developments is shocking. But … Read more

Two small cars cut from the GM range, is this the end of affordable compacts?

General Motors GM, +1.31% will drop two of its smaller vehicles from the lineup after the 2022 model year, according to a new report. GM Authority was first to announce that the Buick Encore and Chevy Trax will be canceled at the end of their current production runs. Neither of these developments is shocking. But … Read more

Volkswagen prepares for a deglobalised world

BERLIN—For years, Volkswagen HER WISH 1.93% flourished as a global company, building and selling its cars around the world. But as war, health issues and trade disputes roll back decades of globalization, the German giant is changing its manufacturing approaches to adapt. VW’s resilience effort includes strategies to boost access to components and raw materials … Read more

How much does gasoline cost extra for each type of car? See how yours compares

As gasoline prices rise steadily in the United States and abroad, despite Monday’s weekly price decline in the United States, many drivers are learning how much it costs recently to fill their vehicles’ tanks. Gas prices across the country began to rise before Russia invaded Ukraine. But the escalation in the war pushed them even … Read more

How much does gasoline cost extra for each type of car? See how yours compares

With gas prices steadily rising across the country, many car owners wonder how much it will cost to fill up. Gas prices across the country began to rise before Russia invaded Ukraine. But the escalation in the war pushed them even higher, and then came the sanctions against the Kremlin. As of March 17, the … Read more

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