Driverless car development sets ablaze a bonfire of billions
Autonomous vehicle companies and suppliers have collectively spent around $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from robo-car ...
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Hyundai lobbies US to ease EV rule that hurts foreign carmakers
Hyundai Motor Co. and the South Korean government are ratcheting up lobbying to loosen restrictions that Senator Joe Manchin fought ...
Ford, GM and other carmakers face 50% profit slump next year, UBS analysts say
Shares of automakers Ford Motor Co. and General Motors Co. took a beating Monday as outlook for the industry darkened ...
US jobs rise while unemployment drops, keeping pressure on Fed
US employers continued to hire at a solid pace last month and the jobless rate unexpectedly returned to a historic ...
GM tops rival automakers in car sales as supply crunch eases
General Motors Co. made big sales gains in the second quarter in a sign the semiconductor shortage is easing, but ...
CarMax’s huge earnings miss points to trouble ahead for new-car market
New-car sales are expected to rise in the just-ending third quarter, but a deteriorating market for used vehicles — which ...
Nikola founder Milton faces New York jury in his toughest sales job
Trevor Milton sold investors on the idea his company was building the truck of the future. Now, he’ll have to ...
Rivian gets a $3B boost from making Mercedes a frenemy
Rivian just added almost $3 billion to its market capitalization in a day, and all it took was a fairly ...
