2025 Corvette ZR1 comes with 1K horsepower and possibly a steep price tag
General Motors-owned Chevrolet said Thursday its upcoming 2025 Corvette ZR1 sports car promises a whopping 1,064 horsepower. It will start production next year.
Trump sets record straight on Elon Musk, electric vehicles
Former President Trump discussed his relationship with billionaire Elon Musk after the Tesla founder denied a report that he would give $45 million a month to America PAC.
GM CEO Mary Barra on EV strategy as 2024 election heats up
GM CEO Mary Barra said she's comfortable with the automaker's EV strategy as the looming presidential election creates uncertainty about the next administration's view of EV regulations.
Tesla's quarterly results miss estimates after price cuts hit bottom line
Tesla's second quarter results missed analysts' estimates for its margin after the company's price-cutting push to stimulate demand had an impact on its bottom line.
GM indefinitely pauses Cruise Origin autonomous vehicle while it refocuses unit
GM is indefinitely suspending production of the Cruise Origin as it focuses more attention on the Chevrolet EV Bolt. The self-driving cars were allowed back on the road this spring.
Americans are falling behind on their car payments
Recent data from experts at Cox Automotive shows that Americans are still struggling with car payments. The number of defaults industrywide is up in the first half of 2024.
Tesla's Cybertruck making inroads on the road
Tesla’s Cybertruck appears to be making some progress when it comes to sales. The electric vehicle maker is poised to release its second-quarter results later Tuesday.
GM, Ford may see profit hit amid cooling EV demand, US dealer software problems
GM and Ford may post smaller quarterly profits this week after slowing consumer demand for EVs and a cyberattack on a critical software system used by dealerships disrupted sales.
Porsche says EV transition is taking 'longer than we thought'
Luxury automaker Porsche said that the transition to electric vehicles is taking longer than expected after it previously set a goal for 80% of its sales to be all-electric by 2030.
Wisconsin auto manufacturer warns Biden's tax regulation plan will be a 'huge barrier to innovation'
Auto manufacturer Husco CEO Austin Ramirez breaks down the impact that the Biden administration's tax regulations would have on the future of his business.
Trump says UAW president should be 'fired immediately'
Former President Trump said Thursday that United Auto Workers (UAW) President Shawn Fain should be "fired immediately," prompting a response from the union.
Ford investing $3B in F-Series Super Duty truck expansion to meet demand
Ford is boosting production of its most profitable vehicles, the F-Series Super Duty trucks. The two factories that are manufacturing the trucks can't meet the current demand.
Starbucks, Mercedes team up in EV charging network expansion
Mercedez-Benz High-Power Charging plans to install electric vehicle charging stations at 100 Starbucks locations in the U.S., starting at the Interstate 5 corridor.
Elon Musk said Tesla moved robotaxi event 'for important design change'
Elon Musk weighed in Monday on Tesla’s event introducing the robotaxi getting moved back, saying he had 'requested what I think is an important design change to the front.'
AutoNation says CDK outage will hurt its second-quarter bottom line
AutoNation disclosed on Monday its bottom line for the second quarter will show a negative impact from CDK Global’s recent widespread software outage.
In Texas, Hyundai ramps up safety clinics to combat auto theft
Hyundai is kicking off its 29th anti-theft clinic in Texas this weekend as it works to ensure that car owners have the necessary updated software installed.
Nearly 2M US vehicles at risk of counterfeit airbags, Carfax says
Carfax is warning that scores of cars could be at risk for having a counterfeit air bag. While its rare, experts say its unclear how many substandard air bags are in cars today.
Biden admin ramps EV spending in swing states as election nears
The Biden administration announced $1.7 billion in grants for EV projects and retooling auto manufacturing facilities in eight states, including several critical swing states.
Biden levied more energy sanctions against Alaska than Iran: Gov. Mike Dunleavy
Gov. Mike Dunleavy, R-Alaska, discusses Biden's restrictive oil and gas policies on 'The Big Money Show.'
Leasing a car more popular, high-credit consumers choosing to lease more than 30% of the time
Car leases are becoming more popular as prices for cars still remains high.