Toyota chairman and former company CEO Akio Toyoda expects the electric vehicle segment to reach a maximum market share of just 30%, regardless of what the automotive industry does to...
Based on a recent investigation by a third party, regulatory oversights and allegations over cover-ups at General Motors' Cruise autonomous vehicle unit stem from difficulties related to culture, incompetence, and...
Luxury car manufacturer Lincoln plans to close up to 100 dealerships in 2024 in a continuation of its efforts to extract itself from unsuccessful markets.
The Ford-owned brand said it closed...
On January 25, Honda and General Motors announced their joint venture, Fuel Cell System Manufacturing (FCSM), had begun producing hydrogen fuel cells for commercial use at GM's Brownstown, Michigan plant.
Engineers...
Tesla is set to recall roughly 200,000 vehicles in the U.S. to patch out a software error that could limit driver visibility.
According to the National Highway Traffic Safety Administration (NHTSA),...
During the ongoing 2024 wage discussions, Toyota's labor union demanded their largest yearly bonus on record, amounting to 7.6 months of pay, which is more than the previous high of...
Nearly 5,000 U.S. auto dealerships have issued a second appeal to President Joe Biden, urging him to reconsider the Environmental Protection Agency's (EPA) proposed stricter vehicle pollution standards. This appeal...
Electric vehicle brand Tesla reported a steep decline in fourth-quarter profits against a 3.5% increase in revenue over the same period, missing analyst forecasts and raising questions for the new...
In compliance with a Worker Adjustment and Retraining Notification (WARN) notice submitted to the state Employment Security Department, Sonic Automotive has closed all of its Northwest Motorsport store locations and...
Automakers Ford and Hyundai shared financial updates from the fourth quarter, offering new insights into their 2023 performance.
Ford announced that a pre-tax remeasurement loss, stemming from employee retirement expenses and...