Ferrari posts steady profit before outsider CEO takes helm
Ferrari NV maintained stable profitability before the supercar maker installs an executive little known within the auto industry to up the...
Nikola’s Milton charged with misleading investors
Nikola Corp. founder and former chairman Trevor Milton has been charged by prosecutors with making false statements to investors in...
Tesla gains as first $1 billion quarter adds earnings momentum
Tesla Inc. reported better-than-expected earnings as record sales of its electric vehicles fattened margins and carried the company to a...
US, Mexico fail to resolve dispute on trade rules for cars
The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting this week, threatening...
Honda scraps go-it-alone strategy for safer shift toward EVs
Honda Motor Co. long eschewed big strategic alliances, preferring to go it alone even as many of its carmaking peers banded together...
AutoNation CEO calls industry overproduction the ‘old model’
U.S. automakers won’t go back to bloated output and bulging dealer lots, even after the global semiconductor shortage ends, according...
TSMC raises sales outlook, affirming global chip kingpin role
Taiwan Semiconductor Manufacturing Co. expects sales to rise more than 20% in 2021, affirming its crucial role in helping alleviate...
US consumer prices surged in June, topping all estimates
Prices paid by U.S. consumers surged in June by the most since 2008, topping all forecasts and showing higher costs...
