The Latest Breaking News from GM

And while there remain some big challenges ahead, because Andretti still needs to agree a commercial deal with FOM to be allowed to race, it is the closest F1 has had to a new team entrant for a while.

Third-generation UAW worker Eric Mullins can see what the union is fighting for, up close and personal, including the same pay as longer-tenured coworkers — and the same retirement his dad will have.

There is a tense holding pattern in the Supercars paddock this evening as the deadlock over parity continues.

In Q3, General Motors delivered 20,092 all-electric vehicles in the United States, which is 33% more than a year ago and about 3% of the total volume.

About 330 employees were laid off between a plant in Chicago and one in Lima, Ohio. The company blamed the strike for disrupting operations and causing the layoffs.

The auto workers union recently expanded its rolling strikes against the Big Three: Ford, GM and Stellantis.

This may yet be the most difficult challenge yet for Andretti; although it has proven to the FIA that it has merit on sporting, technical, and financial grounds, thrashing out a deal with FOM will be tough given that the existing 10 teams will put the championship under pressure.

The report also adds that the lion's share of the electric vehicle sales in the US constitutes the luxury segments.

This brand is getting closer to racing against the likes of Ferrari and Mercedes-Benz on the world stage.

Barclays analyst Dan Levy said Tesla workers' wages would probably rise if the UAW strikes a deal with Ford, General Motors, and Stellantis.

Citing strong auto sales in the third quarter, Cox Automotive analysts hiked their sales forecast for the full year.