Study finds General Motors and Tesla have the most loyal customers
A study of 11.7 million automobile sales found General Motors and Tesla had the highest percentages of loyal customers during the 2022 calendar year.
Ban electric vehicles from evacuation routes? Florida Republican concerned about cars running out of charge
A Florida Republican floated the idea of banning electric vehicles from state evacuation routes, raising concerns that EVs could become roadblocks if they run out of battery.
Carvana veers clear of junkyard—for now
Carvana’s fourth-quarter results showed revenue fell 24% compared with a year earlier.
Mercedes to offer 'super computer-like performance' in cars with Google partnership
Automaker Mercedes-Benz and Google announced a partnership on Wednesday that will allow drivers to access navigation, automatic rerouting and other features in vehicles.
362,758 'Full Self-Driving' Teslas recalled for software safety update
Tesla is recalling over 360,000 vehicles to update their Full Self-Driving software, which was found to function in an unsafe manner in certain circumstances.
Tesla says Buffalo layoffs part of performance review, not over union campaign
Tesla said the recently fired workers at its Buffalo plant was in response to a performance review cycle. Organizers claimed workers were fired because of their efforts to unionize.
Ford CEO Jim Farley grapples with problems from the auto maker’s past
Jim Farley hopes to return Ford to its roots, by streamlining production and offering fewer options. Says more job cuts necessary after recently cutting 6,800 jobs.
Tesla was the USA's best selling luxury car brand in 2022, beating BMW and Mercedes-Benz
Tesla outsold BMW, Mercedes-Benz and Lexus to become the best-selling luxury car brand in the United States in 2022 with its four-model lineup.
Will ChatGPT repeat the dot-com and crypto crashes?
ChatGPT will not follow the boom and bust cycle of the 2000 dot-coms and current crypto bankruptcies say a venture capitalist and CEO who explain that investors are more sophisticates and wary.
Ford confirms battery fire caused F-150 Lightning production stoppage
Production of the Ford F-150 Lightning has been suspended for several weeks due to a fire that occurred in one of the electric trucks before it was shipped to a dealer.
Kia, Hyundai roll out new anti-theft software upgrade
Hyundai and Kia have announced the long-awaited release of an anti-theft software upgrade to certain vehicle models after a social media challenge exposed their vulnerabilities.
Car prices dip after average monthly payment hits record $777
The average transaction price for a new car dipped slightly in January by .6% to $49,388 as improving inventories drive price cuts and incentives.
Tesla trounced Toyota with California's two best-selling cars in 2022
The Tesla Model Y and Model 3 were the two best selling vehicles in California last year, while Tesla was number two behind Toyota in total sales.
Ford will build $3.5 billion battery factory in Michigan that Virginia governor rejected
Ford is investing $3.5 billion to build a factory in Marshall, Michigan, that will produce NCM batteries for use in low range, entry level electric vehicles starting in 2026.
New Toyota chief says he will accelerate shift in EV strategy
Koji Sato is set to become chief executive of Toyota Motor Corp. in April. As CEO he hopes to position Toyota among BYD and Tesla in electric vehicle sales.
Used-car prices unexpectedly spike again as inflation fears return
Used-vehicle prices rose in January at the fastest monthly pace since 2021, a sign that underlying inflationary pressures in the economy remain strong.
Tesla shares rebound from January bottom
Shares of billionaire Elon Musk's Tesla are rallying above $200 marker in 2023 after underperforming last year and early January.
Hyundai launching electric vehicle subscription program for $699 per month
Hyundai's Evolve+ is a new month-to-month car subscription program that includes insurance and maintenance for the Kona Electric or Ioniq 5 with no long-term commitment.
GM's Super Bowl ad taps Will Ferrell and zombies to help sell electric cars
General Motors' Super Bowl commercial features Will Ferrell and promotes the automaker's collaboration with Netflix that will place its EVs in various shows and movies.
Robert Downey Jr.-backed classic car company moving into old California Navy shipyard
Kindred Motorworks is opening a new headquarters and assembly building on California's Mare Island to build its high-end vintage vehicle conversions.