Tag: Autos
Toyota exploring orbital rocket development, makes startup investment
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business phi [...]
Lucid reports record quarterly deliveries, meets production target
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan | Getty ImagesLucid Grou [...]
GM, Ford 2024 U.S. sales are best since 2019
Attendees view the 2025 Ford Bronco Stroppe Special Edition during the AutoMobility LA 2024 auto show at the Los Angeles Convention Center on November [...]
Rivian meets 2024 vehicle production target after lowering projections
Rivian electric vehicles (EV) are parked at the Rivian Venice Hub on November 13, 2024 in Venice, California. Mario Tama | Getty ImagesRivian Automoti [...]
Hindenburg shorts Carvana, calls turnaround a ‘mirage’
CFOTO | Future Publishing | Getty ImagesNoted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used-c [...]
Trump’s 25% tariffs an existential threat to Canada’s auto industry
Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26 [...]
2025 U.S. auto sales expected to be best since 2019
A sale sign is seen at car dealer Serramonte Subaru in Colma, California.Stephen Lam | ReutersDETROIT — U.S. new vehicle sales are expected to rise ne [...]
Stellantis further delays electric Ram pickup truck
2025 Ram 1500 Ramcharger TungstenRamDETROIT — Stellantis said Wednesday it will further delay an all-electric Ram pickup from 2025 until 2026, as the [...]
Japan’s Honda and Nissan to reportedly begin merger talks
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Jap [...]
GM’s Cruise robotaxi business is latest growth initiative to falter
A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023.David Paul Morris | Bloomberg | Getty ImagesDETROIT — For years, [...]
Buoyed by Trump, U.S. dealers optimistic on everything except EV sales
Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May [...]
Stellantis CEO Carlos Tavares lost control of the automaker, sources say
Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 1 [...]
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis
Dodge CEO Tim Kuniskis unveils the Charger Daytona SRT concept electric muscle car in Pontiac, Michigan, Aug. 17, 2022.Michael Wayland / CNBCDETROIT — [...]
Stellantis CEO Carlos Tavares resigns amid problems in U.S.
DETROIT — Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly "different views" between the executive and the [...]
GM to sell stake in battery cell plant to LG partner for $1 billion
General Motors revealed its all-new modular platform and battery system, Ultium, at its Tech Center campus in Warren, Michigan, on March 4, 2020.Photo [...]