"Negative effects from cost inflation for key inputs.... as well as energy and logistics... are becoming significantly more material," the supplier said in a statement on preliminary first-quarter results. "In...
WASHINGTON — A California tech mogul running for U.S. Senate is targeting Tesla Inc.'s Full Self-Driving beta software in a nationwide ad campaign to ban the system from U.S. roads....
The concept is built on Ford's new rear-wheel-drive/all-wheel-drive EV platform and roughly the size of an Aviator crossover, although it was designed with two rows instead of three to give...
On Wednesday, Musk said that he expects the automaker's sales volume to increase by its stated goal of 50 percent a year into the foreseeable future, and growth could hit...
Carvana Co. said Wednesday that it sold fewer vehicles than it had planned for in the first quarter of 2022, which led to higher costs and lower profit per vehicle....
With Tesla's strong quarterly report on Wednesday, Chief Executive Elon Musk has scored a hat trick of performance goals worth a combined $23 billion in new compensation. The world's most...
Tesla Inc. said net income and revenues surged after the EV maker delivered record units at higher prices. The company led by Elon Musk posted first-quarter net income of $3.32...
WASHINGTON — Toyota and its luxury brand, Lexus, are recalling more than 458,000 vehicles to fix a software glitch that can deactivate the electronic stability control system, increasing the risk...
Lithia Motors Inc.'s first-quarter net income more than doubled, soaring 119 percent to $342 million as the expanding retailer saw increases in new-vehicle and used-vehicle sales, strong gross profit per...
McLaren Automotive is considering hiring Michael Leiters, the former head of technology at Ferrari, as its next CEO, according to people familiar with the matter. Leiters stepped down from Ferrari...
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