Cars

NEW YORK -- U.S. prosecutors on Wednesday added a new wire-fraud charge to their case accusing Trevor Milton, the founder and former CEO of Nikola Corp., of defrauding investors by...

Tesla Inc's new car factories in Texas and Berlin are "losing billions of dollars" as they struggle to increase production because of a shortage of batteries and China port issues,...

ABB on Monday announced it's postponing the $750 million listing of its EV charging business until the market improves. The Porsche listing is poised to be one of Germany’s biggest-ever...

BERLIN -- The German government is still discussing its voting behaviour on European Union plans to effectively ban the sale of new cars with combustion engines from 2035, a German...

Could you quantify what this increase in content per vehicle means? If you look at the all-wheel-drive system, it's currently about $450 worth of content. With the move to e-drives,...

Victory Automotive Group, fresh off sales of two Honda stores in separate May transactions, made its first acquisition since late 2021 with the purchase of two dealerships representing four total...

PARIS -- Supplier Forvia said it increased the company's share capital by around 705 million euros ($740.9 million) and will use the proceeds to fund the acquisition of German peer...

Ford Motor Co. has no plans to replace Focus production at its vehicle assembly plant in Saarlouis, Germany, in 2025. Instead, the U.S. company will seek "alternative opportunities" for the...

Toyota Motor Corp on Wednesday cut its July global production plan by 50,000 vehicles as semiconductor shortages and COVID-19 parts supply disruptions continued to curb output. The world's largest car...

WASHINGTON -- Senate Democrats have scrapped a $4,500 bonus tax credit for electric vehicles made with domestic union labor that was opposed by U.S. Sen. Joe Manchin, D-W.Va., as they...