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Japan's Toyota Motor Co said on Friday its vehicle sales rose by 10.1% last year, making it the world's biggest carmaker for a second straight year and putting it further ahead of its nearest rival, Germany's Volkswagen AG.

Drivers are looking for personalization and value as they switch car insurance companies at increasing rates, a recent study showed.

Jacob & Co. has revealed a $1.5 million watch inspired by the Bugatti Chiron that has a functional W16 engine inside of it.

Tesla CEO Elon Musk said the company is no longer working on a $25,000 car that he announced in 2020.

There is no quick fix for the global semiconductor crisis, according to Fed Chairman Powell and Ford CEO Jim Farley.

Tesla reported record annual and fourth-quarter profits but saw its stock price head downward after the electric vehicle maker warned supply chain issues will likely drag on

Nissan is recalling 793,000 Rogue SUVs in the U.S. and Canada because water can corrode a wiring connector and cause a fire.

Elon Musk has been test driving an updated Tesla Cybertruck prototype at the automaker's Texas headquarters ahead of its earnings call Wednesday night.

GM will invest $6.6 billion through 2024 to build a new battery plant and pickup truck assembly line in Michigan.

Ford Motor Co. is taking the unusual step of cutting off customer orders for the Maverick, a more-affordable pickup that it rolled out last fall, saying it has maxed out on what it can build.

BMW set a production record of 433,810 vehicles at its Spartanburg, S.C., factory in 2021. The facility is the automaker's largest in the world.

Electric vehicle (EV) battery startup Britishvolt said on Monday it has signed an agreement with a UK government-backed research facility to develop batteries with high nickel content and more energy-dense materials as it gears up for mass production.

Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told Reuters.

The vehicles may have been produced for crash-test purposes.

GM is expected to announce a $6.5 billion investment in new EV factories next week.

Toyota has posted a message to customers in Japan apologizing that the new Land Cruiser SUV is sold out for the next four years.

GM's Hydrotec hydrogen fuel cell technology is being developed for use for mobile electric vehicle charging stations and remote power systems.