Tag: Automakers

Tesla announced its third-quarter earnings this week, reporting financial results that set new company records but still fell short of Wall Street expectations. The electric...

Lithia Motors reported its highest third-quarter revenue results and earnings per share in the company’s history. Revenue increased 18% to $7.3 billion compared to $6.2...

The Biden administration announced it is awarding $2.8 billion in grants for projects in the United States that will help expand the manufacturing of electric...

BMW Group plans to invest $1.7 billion in its US operations to build electric vehicles and batteries. $1 billion is earmarked for the automaker's existing...

Mullen Automotive announced yesterday that it had acquired Electric Last Mile Solutions in a $240 million cash purchase, a deal that will allow the...

New data from the National Highway Traffic Safety Administration shows that 10 people were killed in crashes in the US involving vehicles using automated...

New data from Cox Automotive shows average new vehicle transaction prices (ATPs) declined from August to September but remained well above sticker price. According to...

Taiwanese manufacturing giant Foxconn has unveiled a new electric pickup truck and a new electric crossover, both of which are expected to make it...

The 65-member board of directors for the National Automobile Dealers Association (NADA) has elected Geoffrey Pohanka as its 2023 Chairman and Gary Gilchrist as...

Cadillac has unveiled a new hand-built electric car with a starting price tag of more than $300,000, marking the brand's first foray into the ultra-luxury...