Stellantis’s $69.6 billion revival plan includes nine North American models priced under $40,000 and refreshes of a dozen others.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
In a note to clients on Tuesday Morgan Stanley analysts flagged Ford Energy as having the potential to be a $10 billion business.
The automaker posted first-quarter earnings before interest and taxes of $4.3 billion, easily beating analysts’ expectations.
High interest rates and prices (an average of $49,275 for new cars in March, per Kelley Blue Book data) have kept buyers from the car market.
According to Kelly Blue Book figures, US electric vehicle sales fell 36% to 234,171 units in the fourth quarter of 2025.
General Motors faces another speed bump thanks to a recent deal that will allow thousands of Chinese EVs into Canada.
Tesla’s sleek cars and futuristic trucks have defined Elon Musk’s public image, but SpaceX is the real engine behind his growing net worth.
The last three months of 2025 are only the start of a downturn for EV sales: The pace is expected to keep slowing next year.
Despite initial concern from motorists, robotaxi services are finding plenty of passengers as they expand across the country.
US automakers General Motors, Stellantis (formerly Fiat Chrysler) and Ford are bracing for slowing sales in 2026 amid rising unemployment.
Trump said the Biden administration proposal “forced automakers to build cars using expensive technologies that drove up costs” and prices.
Boston city council members are considering an ordinance that would require a “human safety operator” to be present in autonomous vehicles.
When First Brands filed for bankruptcy last month, it listed over $10 billion in liabilities and nearly $6 billion in long-term debt.
Car vending machines are all the rage this year, with shares in the firm behind the novel notion, Carvana, soaring this year.
VW’s finance chief Arno Antlitz warned last September that the company had “a year, maybe two years, to turn things around.”
Shares in rival used car retailers went into reverse gear following the announcement of Hertz’s Amazon partnership.