EV maker VinFast files for IPO
EV maker VinFast has filed confidentially for an initial public offering in the U.S. as the Vietnamese electric vehicle maker starts building a factory in North Carolina. The unit of...
Mazda launches a 4-pronged large-product platform
The CX-60 entered production at Mazda's Hofu Plant No. 2 in western Japan last month. Deliveries to Europe will begin this summer, and to Japan in the fall. The crossover...
Chevy relaunches Bolt EVs after recall with 2 ads
DETROIT — Chevrolet on Thursday plans to debut two advertisements to relaunch the 2022 Bolt EV and EUV after a recall related to battery fires shut down production of the...
Chevy relaunches Bolt EVs after recall with 2 ads
DETROIT — Chevrolet on Thursday plans to debut two advertisements to relaunch the 2022 Bolt EV and EUV after a recall related to battery fires shut down production of the...
Toyota lowers 2022 U.S. industry car sales estimate to 15.5 million as supply chain woes persist
Toyota Motor Corp. revised its annual sales forecast for the industry downward by about 6 percent as supply constraints are expected to limit the industry's ability to meet high consumer...
Tesla, BMW shutdowns in China drag on; microchips pile up as lockdowns continue
Tesla Inc.’s factory shutdown has stretched out to at least 12 days, much-needed semiconductors are piling up at manufacturers amid a shortage of truck drivers, and bankers are camping in...
Aurora bolsters Texas truck operations with expanded routes, new customer, key hire
Aurora established operations in Texas in July 2020. Because of its location along the coast-to-coast Interstate 10 corridor, position in the weather-friendly Sun Belt and lax regulatory environment, Texas has...
Porsche is backing a venture tapping wind to make gasoline
Porsche has joined a group of investors making a $260 million equity bet on a startup that aims to harness wind power to make a gasoline substitute. Porsche is investing...
6-figure GMC Hummer EVs: Buyers adding even more extras
Part of that richness has been driven by add-on accessories. GMC says customers are spending between $2,000 and $4,000 to spruce up their already-loaded Edition 1 models, and as lesser...
Biden’s fuel rules leave room for internal combustion
The aggressive fuel-economy regulations the Biden administration rolled out last week are intended to spur faster development of electric cars, but they rely on a credit program that some environmentalists...