Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
But data aside, many have cast doubt on the company’s plan for autonomous ridesharing.
Carvana posted stellar results in its latest earnings call, leaving many analysts to wonder if this may be the start of something new.
General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.
Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.
Ford will spend $3 billion to expand production of its popular combustion engine large trucks; Volvo reported a record core operating profit.
Filings like these indicate that this pivot will likely have a domino effect on all other parts of the automotive industry.
US manufacturers might not have the best grasp on what drivers want. The ones who seem to know reside about 6,000 miles away in Japan.
At home in the US, one of Detroit’s Big Three stood out as vulnerable to a potential trade war: General Motors.
Toyota is partnering with petroleum firms to develop carbon-neutral fuels and make them available in Japan by 2030.
IBM’s patent aims to use self-driving cars’ idle resources, giving access to them to the riders within them.
The average age of cars and light trucks reached a record high of 12.6 years in 2024, up by roughly two months from last year.
Back in 2019, the Swedish company became the first company to put a self-driving big rig truck on a public road.
Amazon touts itself as the everything store, and now there’s one more market it’s absorbing into its everythingness.
Gavin Newsom said the Golden State “will intervene” and provide rebates to residents on its own if the tax credit goes the way of the Fisker.
Ford may want to authenticate your face when you get behind the wheel.