RSS Reader
Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
Canada has retaliated against President Donald Trump's 50% tariffs with "dollar for dollar" duties on U.S. goods, which are set to take effect next week.
The infrastructure company is toward the end of a three-year business plan that has boosted revenue and significantly cut the company's losses.
Tesla first unveiled the Cybercab almost two years ago, and fans of the company have been waiting to hear more.
Ford reported its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August.
Waymo is bringing driverless rides to three more cities, and Amazon plans to start testing in two additional U.S. markets.
When Toyota announced the new version of its SUV, it said the RAV4 would only be available as a hybrid and that production would be limited at first.
The tire maker has an ongoing turnaround plan as the company tries to restructure its business, refinance and pay down years of debt.
The South Korean automaker wants to keep going by ramping up production at a new $7.6 billion plant in Georgia to capture more sales and market share.
SpaceX plans to establish its Starbase, LA in Vermilion Parish, which will "support thousands of launches annually."
Waymo has been the biggest robotaxi player in the U.S., and has announced plans to enter the U.K., Japan and now Germany.
Bugatti CEO Mate Rimac told CNBC he thinks high-end sports cars will continue to have combustion engines "for a very long time" even with the rise of EVs.
Indian IT services giant TCS has secured a $1.5 billion contract to deploy AI for German sports carmaker Porsche.
President Donald Trump said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027.
Tesla will voluntarily recall about 3 million of its vehicles in China to address doorhandle safety concerns and deficient driver monitoring systems.
Nike, Starbucks and GM have lost ground in China as domestic rivals, geopolitics and changing consumer preferences reshape the market.
The potential capacity increase would be part of Hyundai's plan to invest $26 billion in the U.S. through 2028, Hyundai CEO José Muñoz told CNBC.
The GV90 features a new design direction for Genesis and expands the Hyundai brand's lineup to seven vehicles in the U.S.
Dealership gross profits have fallen from the supply-constrained days of 2022. They are relying more heavily on the income streams that hedge against downturns.
The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced at 550,000 euros (roughly $640,000).
Japanese automakers vulnerable to one-two punch of Iran war, yen rally
European markets fly under the radar when compared with larger and more liquid U.S. markets, but Goldman Sachs offered to dispel some of the myths.
Cars that run on software offer benefits automakers and many customers say older cars cannot compete with. But some analysts worry the vehicles might not last.
Rivian is trying to catch up to Tesla's "hands-free" capabilities, but with additional safety guardrails that the Elon Musk company doesn't have.
Lamborghini's Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and a $741,172 starting price.
A new generation of millennials and Gen Zers is taking over the collecting market from baby boomers and bidding up modern supercars at Monterey Car Week.
Ford said on Wednesday that it will be increasing production of its Lincoln cars in the U.S. beginning in 2030.
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.
The deal follows years of global automotive supply chain issues for GM and other companies.