Tuesday, June 21, 2022

Wheels: Vintage Cars, Part of the Pandemic Hobby Boom, Priced Collectors Out

Buyers have been turning to substitutes and finding that some are the equal of established collectibles.

The Wheels newsletter is delivered monthly. The next one will appear on Tuesday, July 19.

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NEWS

Sustainability Index Drops Tesla, Prompting Insult from Musk

S&P cited racial discrimination claims in deciding to exclude the electric carmaker from a listing of socially responsible companies.

By Jack Ewing and Stephen Gandel

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Stellantis and Samsung to spend $2.5 billion on an electric vehicle battery plant in Indiana.

The automaker, which owns Jeep and Ram, is seeking to catch up in a global race to build electric cars and trucks.

By Neal E. Boudette

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Gas Prices Hit New Highs as Summer Driving Season Starts

A gallon has jumped by about 50 cents over the last month as Russia's war in Ukraine has continued to unsettle the global energy market.

By Clifford Krauss

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Ford plans 6,000 new union jobs in three Midwestern states.

The automaker said the move would further its electric-vehicle goals. It may also defuse tensions with the U.A.W. ahead of contract talks next year.

By Noam Scheiber

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Tesla to Cut 10% of Salaried Staff, Musk Tells Employees

The electric carmaker has been growing fast in recent years, but Elon Musk, its chief executive, appears to be concerned about a weakening economy.

By Niraj Chokshi and Cade Metz

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Goodyear Recalls Tires That Federal Government Says Had High Failure Rate

An investigation by the National Highway Traffic Safety Administration reviewed claims that when installed on some R.V.s, the tires failed, leading to crashes that killed or injured people.

By Livia Albeck-Ripka

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