GM to invest $918 million at 4 plants
DETROIT — General Motors on Friday said it will invest $918 million at four manufacturing plants in Michigan, Ohio and New York for production of V-8 engines and electric vehicle...
Tesla price cuts ignite a surge in shopping
Tesla also cut the prices of its flagship sedan, the Model S, by $10,000, for a starting price of $96,630 with shipping and order fee. The Model X midsize crossover...
Wyoming pushes EV sales ‘phaseout,’ but senator behind legislation shrugs at its prospects
Wyoming State Senator Jim Anderson sponsored a bill last week that, if enacted, would phase out new electric vehicle sales in the state by 2035. However, Anderson told Automotive News...
Elon Musk testimony could go rogue, lawyers warn judge
But lawyers representing investors are urging the judge to go further, by issuing a “cautionary instruction” before Musk takes the stand. They said that in an earlier interview with the...
Reynolds and Reynolds funds in-car payment system startup
Auto retail technology giant Reynolds and Reynolds is the lead investor in Sheeva.AI's $9.25 million series A funding round announced Thursday. Sheeva.AI is building an in-car payments software system that...
CES: Gaming finds a home behind the wheel
LAS VEGAS — To whatever degree one believes in cars as smartphones on wheels, CES showed plenty of evidence that video games are gaining important traction in the vehicles of...
Upstart: National rollout of AI auto loans to start in Q2
Upstart uses AI and more data than in typical credit decisions to dig deeper into a borrower's true risk and to match customers with lenders who believe in its underwriting...
Outrider raises $73M in new funding
"Our confidence in Outrider is based on its technical and commercial leadership in yard automation for fully autonomous vehicles to integrate fluidly into real-world customer operations," NVenture's head Mohamed Siddeek...
VW sues in Ill. over extra dealer warranty reimbursements
Volkswagen Group of America has filed suit in federal court in Illinois in the hopes of rolling back a change to state franchise laws that requires automakers to reimburse dealers...
L.A. designer wants to shake up the leather seat business
Vicki von Holzhausen has been making a name for herself marketing a vegan leather substitute for women's handbags, shoes and furniture. Now, she's taking her material to the auto business....