Dems slam 'dangerous influence' of billionaires, call Musk an 'oligarch' after Twitter buyout
Prominent Democrats are reacting to news that Tesla CEO Elon Musk has purchased Twitter by railing against the influence of billionaires in society.
General Motors to produce an electric Corvette
General Motors Co. is developing a hybrid version of its Chevrolet Corvette that could arrive at dealerships as early as next year.
France issues international arrest warrant for Carlos Ghosn
French prosecutors issued international arrest warrants for Carlos Ghosn as well as four individuals they say are linked to an auto dealer in Oman, alleging they helped the fallen auto titan funnel millions of euros from Renault SA, according to people familiar with the matter.
E-scooters are gaining popularity as gas prices soar
Most people are familiar with rental scooters you see on the street, but many people are buying their own personal scooters. One scooter repairman in Charlotte tells Fox Business that he’s been very busy.
Bugatti is recalling a single $3 million car with a screw loose
A Bugatti Chiron supercar is being recalled because it has a loose screw that could pose a safety risk in the event of an accident.
Tesla Model 3 prices increased again
Tesla has increased the price of two versions of the Model 3 in the face of rising commodity prices.
GMC boss bullish on Hummer EV demand as it beats Tesla Cybertruck to market
GMC boss Duncan Aldred says GMC has over 65,000 reservations for the Hummer EV and several years worth of demand.
Gas prices help drive demand for electric vehicles, but supply chain concerns remain
Park West Mobility Service hasn't seen this much demand for electric vehicles in at least five years. Fuel prices going up is driving the market for electric vehicles.
US agency opens probe into electric vehicle batteries
The National Highway Traffic Safety Administration says the probe covers more than 138,000 vehicles with batteries made by LG Energy Solution of South Korea.
General Motors and Honda to build more electric vehicles together
General Motors and Honda are collaborating on a new line of EVs launching in 2027 that will be built in North America using GM's Ultium electric vehicle platform.
Elon Musk toys with Twitter hours after becoming its largest stakeholder: 'Do you want an edit button?'
SpaceX CEO Elon Musk, hours after buying a multibillion-dollar stake in Twitter, teased the world with the prospect of an edit button Monday.
Ford Mustang and Chevrolet Camaro production suspended
Production of the Ford Mustang and Chevrolet Camaro has been suspended this week due to parts supply issues.
Canada to support GM multi-billion-dollar investments in two plants
Canada on Monday will announce its support for General Motors Co's multi-billion-dollar investment in two plants, including one that will produce electric commercial vehicles (EVs), a government source said.
Russia war could further escalate auto prices and shortages
A low supply of electrical wiring due to Russia's war on Ukraine had crippled some vehicle production.
Toyota is still outselling General Motors in 2022
Toyota outsold General Motors through the first three months of 2022 as parts supplies continue to hamper production across the industry.
GM recalling 681,509 SUVs because their wipers might fail
General Motors is recalling over 681,000 Chevrolet Equinox and GMC Terrain SUVs because their wiper motors may fail.
Elon Musk says he contracted COVID-19 again
SpaceX and Tesla CEO Elon Musk said Monday that he has contracted COVI-19 again but was feeling well.
'Lonely' Elon Musk says humans shouldn't live longer, they will 'asphyxiate' society
Tesla and SpaceX founder Elon Musk said he sometimes is "lonely" and does not believe people should have a greater life expectancy because older ideas would cause an "asphyxiation of society."
Chevrolet Corvette Stingray production idled this week due to parts shortage
General Motors has suspended production of the Chevrolet Corvette Stingray at its Bowling Green Assembly plant this week due to an unspecified parts shortage.
High gas prices hurt fishing, boating industries
According to the U.S. Energy Information Administration, the price of diesel has nearly doubled over the past two years, from averaging $2.40 per gallon in 2020, to more than $4.00 dollars per gallon this year.