Fisker slumps as cash warning sends investors 'running for cover'
Electric vehicle maker Fisker on Friday disclosed "substantial concern" about being able to "continue as a going concern" to its investors. Its stock posted a major drop amid the news.
Elon Musk provides update on Tesla Roadster timeline
Tesla could reveal the new Roadster at the end of the year and shipments of the sports car beginning in 2025, Chief Executive Elon Musk said Wednesday.
Teledriving company Vay brings new transportation option to streets of Las Vegas
Las Vegas can boast a new transportation option after German teledriving company Vay launched its first fleet of fully driverless cars in the major US city.
Toyota recalls 280,000 pickups, SUVs over transmission issue
Toyota is recalling about 280,000 vehicles in the U.S. over a transmission issue that could cause the affected vehicles to move even when they are in neutral.
Mercedes-Benz delays EV goals because of weak demand, will continue to build gas-powered cars
German automaker Mercedes-Benz said it will delay plans to have half of all sales be electric vehicles or hybrids until 2030 because of weak demand.
Rivian to lay off 10% of salaried staff
Rivian CEO RJ Scaringe said the company made "great progress" in 2023 even with economic headwinds. The automaker said it remains focused on cost efficiency.
Gas prices jolted up by 12 cents as Indiana oil refinery remains closed: AAA
A shutdown oil refinery has led to a large increase in gas prices across the country.
Ford CEO says company will 'think carefully' about where it builds vehicles after UAW strike
Ford CEO Jim Farley says the company is thinking carefully about where it will build future vehicles after it was the first to have a plant shut down as a result of the United Auto Workers strike.
Car insurance rates in 2024 jump 26% across the US, report says
Car insurance premiums have increased 26% over the past year amid inflation and other factors, according to a new report released this week.
Tesla recalls over 2 million vehicles in US due to warning lights issue
Elon Musk's electric vehicle company Tesla is recalling some 2.2 million models due to incorrect font size on warning lights, U.S. regulators said.
Toyota issues 'do not drive' advisory to 50,000 car owners over potentially deadly air bag issue
Toyota instructed the owners of 50,000 vehicles not to drive their cars, citing an air bag issue that could potentially lead to "serious injury or death."
Toyota chairman issues apology for subsidiary safety scandal, brand remains world's top-seller
Toyota Motor remains the world's top-selling car brand as Chairman Akio Toyoda apologized for safety scandals at three of the company's subsidiaries.
Tesla recalls 200,000 vehicles over rearview camera display issue
A total of 199,575 Tesla Model S, X and Y vehicles from 2023 are being recalled because the rearview camera may not display an image while in reverse.
Analysis reveals how GM's Cruise robotaxi struck and dragged pedestrian 20 feet
A series of technical failures were the cause of an October 2, 2023 accident in San Francisco where a woman was struck and dragged by a Cruise robotaxi, a report reveals.
Honda to address HR-V rear windows shattering in cold weather
Honda is planning to address an issue with the 2023 HR-V crossover SUV that has led to rear windows unexpectedly shattering because the glass is weakened by the use of the defroster.
Car insurance prices are on the rise: These states have the highest premiums
New Yorkers have to deal with the highest car insurance premiums. The yearly premium for full-coverage car insurance in New York averaged $3,374, according to Insurify.
Ford cuts F-150 Lightning production, 1,400 jobs affected
Ford said Friday that its Rouge Electric Vehicle Center, where it builds the electric pickup trucks, will use one shift starting in April.
Mustang will race worldwide with Ford Performance Motorsports in 60th anniversary year
Ford Performance Motorsports held its season launch event and featured racing versions of the Mustang that will race around the world as the sports car marks its 60th anniversary.
Hertz selling 20,000 EVs from fleet, to reinvest in gas-powered vehicles
Rental car giant Hertz on Thursday said it will sell about 20,000 electric vehicles from its U.S. fleet and expects to invest in more gas-powered vehicles.
Ford US new vehicle sales climb 7.1%, highest since 2020
Ford said Thursday it sold almost two million vehicles in the U.S. over the course of 2023. That's an increase of 7.1% from 2022, according to the automaker.



















