EV charges and tariff costs drive Honda’s automotive unit to an operating loss, as the Nexperia semiconductor shortage adds insult to injury by chopping 110,000 vehicles off sales.
Musk told investors Tesla’s growth depends on Optimus humanoid robots, Cybercab robotaxis and boosting vehicle production as autonomy nears.
Aumovio, Continental's former autos unit, has received an exemption from China's ban on Nexperia chip exports. The German government said it is hopeful that other individual permits will quickly reach ...
The automaker cut its full-year forecast by 21 percent as EV costs and the chip shortage at Nexperia also weighed on profits.
OPmobility, formerly called Plastic Omnium, will be led by Felicie Burelle, a member of the founding Burelle family, until a new CEO is appointed.
The federal budget tabled Nov. 4 made no mention of EV rebates. That is despite repeated pledges by cabinet ministers this year about bringing back consumer incentives after the iZEV program ran out ...
Several major auto suppliers — including Forvia, American Axle & Manufacturing, Lear and Adient — are skipping CES this year, while Magna has scaled back its presence.
Advanced driver-assistance capabilities are an important pillar in Tesla’s push to revive sales in China, where it’s losing ground to popular domestic brands, as well as Musk’s broader vision to make ...
Louis Schweitzer was "a visionary and bold leader who contributed to the modernization and internationalization" of Renault, the automaker's chairman, Jean-Dominique Senard, said.
Stephane Sejourne, the bloc's industry chief, said the EU must show flexibility in achieving its goal of phasing out internal combustion cars by 2035. He also hinted at measures against Chinese ...
If the bankruptcy court judge sides with holdout creditors and rejects the financing package, a company lawyer said “it’s game over” and the firm will liquidate.
GMC in St. Clair County, Mich. reopened for vehicle sales Nov. 6 after the state briefly suspended its license.