Apple hires 31-year Ford veteran to ramp up electric-car work
Apple Inc. has recruited a longtime Ford Motor Co. executive who helped lead safety efforts and vehicle engineering, a sign...
Rivian wins $1.5 billion incentive package for Georgia plant
Electric-pickup maker Rivian Automotive Inc. will receive $1.5 billion in state and local incentives to build a massive plant near...
Toyota facing end of the road on EV tax credits
Toyota Motor Corp. is inching closer to using up a key U.S. tax credit for hybrid and electric vehicles, a...
Carvana stock nearly wipes out pandemic-fueled gains
Carvana Inc.’s shares are losing almost all of their pandemic-fueled gains as investor enthusiasm for the company sours amid growing...
US economy posts surprise contraction, belying solid consumer picture
The U.S. economy shrank for the first time since 2020, reflecting an import surge tied to robust consumer demand. While...
Renault exploring Nissan stake sale for EV shift, sources say
Renault SA is considering selling part of its Nissan Motor Co. stake, a move that could raise billions of euros...
Powell backs front-loading Fed rate hikes, says half-point on table
Federal Reserve Chair Jerome Powell blessed a half-point interest-rate hike next month and signaled support for further aggressive tightening to...
Toyota to invest $383 million to boost hybrid production in US
Toyota Motor Corp. is investing $383 million in four factories across the U.S. to boost production of hybrid vehicles amid...
