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Customers can expect to receive $100 refund on average, though State Farm says it will vary by state and by the amount of premium paid.
The results come shortly after the auto giant scaled back its EV ambitions following a major strategic shift.
For 2026, Lucid announced a vehicle production target of between 25,000 and 27,000 units, which would be a roughly 40% to 51% increase compared with last year.
Fresh off of a $16 billion funding round, Waymo is expanding its footprint in Texas and Florida.
Tariff costs are becoming unsustainable for automakers, and they are going to have to raise prices or cut features, said the president of Sonic Automotive.
Tesla's new car registrations fell 17% year-on-year in January, marking the 13th consecutive month in which sales have shrunk across Europe.
Uber said it plans to offer a parking reservation experience powered by SpotHero for events and at venues and airports.
California's DMV previously ruled that Tesla falsely promoted its cars' self-driving capabilities.
The Cherokee rejoins the compact and midsize vehicle markets after a three-year hiatus and will seek to compete with the Toyota and Honda hybrid vehicles.
A federal judge in Miami denied Tesla's bid to overturn a $243 million jury verdict in a high-profile lawsuit over a fatal Autopilot crash.
Auto industry experts anticipate that some Americans could use higher tax returns to finally purchase a new or used vehicle.
Across California, the number of people living in vehicles has surged in recent years due to soaring rents.
The embattled xAI Grok chatbot is coming to Tesla EVs in the U.K. and Europe.
Ford's next generation of all-electric vehicles will feature a budding technology commercialized by Tesla in the U.S. on its Cybertruck.
Tariffs have hastened the decline of Canadian auto manufacturing. Deals with China and Korea are a play to revive it. But they may endanger US trade talks.
Chinese smartphone company Xiaomi has priced its vehicles below Tesla's and marketed features it claims are comparable or superior.
Waymo is relying on humans for certain tasks, showing some of the limitations of its autonomous operations.
Rivian's 2026 guidance includes increasing vehicle deliveries to between 62,000 and 67,000 units, which would be up by 47% to 59% compared to 2025.
Automakers have long criticized emissions regulations they consider too restrictive. Some auto industry analysts say backing off EVs will isolate America.
German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead.
The reorganization "required parting ways with some people," Elon Musk said Wednesday on X.
But reasons such as politics, logistics or potential consumer backlash aren't necessarily the main reasons, according to Lithia Motors CEO Bryan DeBoer.
The ride-sharing company reported rider metrics that fell short of analyst expectations and soft guidance.
Apptronik's Apollo humanoids are being tested in factories and warehouses with partners Mercedes-Benz and GXO Logistics.
Ford Motor reported its first quarterly miss since 2024 and its largest quarterly earnings miss in four years.
The endangerment finding gives the EPA authority to regulate greenhouse gases by deeming they pose a risk to public health and welfare.
Raj Jegannathan, who was reportedly running Tesla's North American sales team after the dismissal of a prior leader, announced his departure on LinkedIn.
CEO David Risher also addressed the company's autonomous vehicle strategy amid rising competition from Waymo, Uber and Tesla.
Elon Musk's net worth soared past $800 billion this week after he merged SpaceX with xAI in a deal that valued the combined entity at $1.25 trillion.
Automakers are largely sitting on the advertising sidelines during this year's Super Bowl amid broader uncertainty in the U.S. automotive industry.