Plane crash at Ohio dealership kills 2
A plane crashed into a Buick-GMC dealership in southeast Ohio early Tuesday, police said. The 1974 Beechcraft King Air E90 crashed into Pioneer Buick-GMC's parking lot in Marietta, Ohio, around...
Michigan officials ask court to deny Carvana’s injunction
The state of Michigan is asking a court to deny Carvana Co.'s bid to prevent state regulators from suspending its operating license, saying the online used-vehicle retailer is unlikely to...
Intel slashes Mobileye IPO valuation down to $16 billion
Intel's Mobileye said on Tuesday it was targeting a valuation of nearly $16 billion in its initial public offering, less than a third of what it had previously expected, as...
How the Polestar 3 will get a lift from U.S. factory plan
The Ridgeville operation, which opened four years ago and is still underutilized, currently builds just one vehicle — the low-volume Volvo S60 sedan. Late next year, it will begin assembling...
Stellantis eyeing two more N.A. battery plants by 2030
DETROIT -- Stellantis will need four EV battery plants in North America by 2030, the company's North American COO said on Tuesday. The automaker has already announced two joint-venture battery...
What’s in store for Tesla’s Q3 report?
The EV maker's stock price has been under pressure since early October, when it reported global sales and production for the third quarter. Tesla missed market expectations but still delivered...
Why Fisker is speeding up U.S. plant search
Fisker Inc. is accelerating the search for a U.S. production site for its Ocean SUV after the White House announced plans to focus electric-car subsidies on those made in North...
Mobileye seeks drastically lower $16B IPO valuation
Intel's Mobileye said on Tuesday it was targeting a valuation of nearly $16 billion in its initial public offering, less than a third of what it had previously expected, as...
Foxconn unveils pickup, crossover to expand EV lineup
Foxconn is hoping to replicate the way it muscled into electronics assembly to become the biggest manufacturing partner for Apple Inc. and other global brands. It’s aiming to build clients’...
2024 Cadillac Celestiq EV: New car, new way of doing business
The Celestiq is GM's first hand-built car this century. Like the 1996-99 GM EV1 that came before it, production will be low and slow. "We have a fixed capacity that...