Cars

The possibility of making bigger money could mean hackers will turn more attention to large EV fleet charging centers, Levy said. "Is a consumer going to pay ransomware to release...

Chinese battery maker CATL said Thursday that its gross profit margins are set to improve as it will raise prices in the second quarter, while suppliers of raw materials will...

Hallmark said absent any further supply chain issues, the company could produce around 15,000 vehicles this year, compared with the 14,659 it sold last year. First-quarter vehicle sales fell 5...

Penske Automotive Group Inc. executives say the company has embraced multiple digital sales options, with a focus on an omnichannel experience. Omnichannel refers to technology and processes aimed at providing...

However, rising prices of raw materials and a global semiconductor shortage forced several automakers to slash their production cycles and in some cases even produce cars without certain features, thereby...

Tesla Inc. CEO Elon Musk has secured $7.14 billion in funding from a group of investors such as Oracle Corp.co-founder Larry Ellison to fund his $44 billion takeover of social-media...

BMW and its rivals have shifted production to higher-margin models as output has been hampered by the semiconductor shortage and other supply-chain problems. Despite delivering 6 percent fewer cars in...

MILAN -- Stellantis said sales rose in the first quarter, supported by strong pricing and a strong vehicle mix, and also by favorable exchange-rate effects, but it sees only a partial...

BMW and its rivals have shifted production to higher-margin models as output has been hampered by the semiconductor shortage and other supply-chain problems. Despite delivering 6 percent fewer cars in...

Auto supplier BorgWarner Inc. saw its net income more than triple to $200 million in the first quarter of 2022, while its revenue decreased because of shaky foreign currencies and...