Automotive News Pace Awards

Trump nominates Michigan dealer David Fischer for ambassador to Morocco

President Donald Trump nominated The Suburban Collection CEO David Fischer to be the U.S. ambassador in Morocco.

Tesla blows through $8,000 every minute amid Model 3 woes

Over the past 12 months, electric-car maker Tesla has been burning money at a clip of about $8,000 a minute (or $480,000 an hour), Bloomberg data show.

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