Inflation, supply issues driving up car prices and shipping wait times
FOX Business' Lydia Hu visits Lexus of Route 10 in New Jersey where new car buyers can expect to wait up to a year for their new ride.
Tesla recalling over 817,000 vehicles to fix seatbelt reminder chime
Tesla is recalling over 817,000 vehicles to fix an issue with their seatbelt reminder chime feature. The problem will be address via an over-the-air software update.
Tesla's latest product is sold out
A new TeslaMic designed to be used with a karaoke system available in the automaker's vehicles was sold out shortly after its release in China.
Electric Chevrolet Silverado EV reservations hit 110,000, GM CEO Mary Barra says
GM has received over 110,000 reservations for its upcoming Chevrolet Silverado EV, CEO Mary Barra said.
Record sales prices drive GM profit up 56% to $10B last year
General Motors increased its net income 56% last year, helped by higher prices for its vehicles that were made scarce by a global shortage of computer chips.
GM prioritizes faster EV launches ahead of fatter profits
General Motors Co on Tuesday said it will spend more than the $35 billion previously planned through 2025 to speed up launches of new electric vehicles, and noted that investments in technology will take priority over richer profits next year.
GM-owned Cruise launches driverless taxi service in San Francisco
GM's Cruise division is opening up its driverless ride-hailing service to the public through a limited access program in San Francisco.
Tesla recalling 54,000 Full Self-Driving vehicles that may run stop signs
Tesla is recalling nearly 54,000 vehicles to remove a rolling stop function from their Full Self-Driving system, which is in an in development beta phase.
Ultra-rare 1955 Mercedes-Benz Gullwing auctioned for record $6,825,000
A 1955 Mercedes-Benz 300 SL Gullwing with an aluminum body was auctioned by RM Sotheby's for a model-record $6,825,000.
Kia recalling 410,000 vehicles over airbag issue
Kia has received 13 customer complaints and 947 warranty claims related to the issue. However, no fatalities, injuries, crashes or fires have been reported.
General Motors CEO Mary Barra took a 'surreal' ride in an autonomous Chevy
GM CEO Mary Barra went for a ride in a Cruise autonomous vehicle this month and said it was "surreal."
Ford's CEO targets plumbers, electricians with electric vehicle, data offerings
Ford is aiming to deliver more to America's plumbers, electricians and first responders.
GM's electric pickups are set up to outsell the Tesla Cybertruck by a lot
Elon Musk projects Tesla will be building 250,000 Cybertrucks annually in a couple of years, which is much less than the 600,000 electric pickup capacity General Motors has planned.
Toyota remains world's biggest car seller, widens lead on VW
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 switching car insurance at increasing rates, study finds
Drivers are looking for personalization and value as they switch car insurance companies at increasing rates, a recent study showed.
$1.5 million Bugatti watch has a tiny 16-cylinder engine inside
Jacob & Co. has revealed a $1.5 million watch inspired by the Bugatti Chiron that has a functional W16 engine inside of it.
Tesla's $25,000 car is dead for now. Here's why
Tesla CEO Elon Musk said the company is no longer working on a $25,000 car that he announced in 2020.
Fed Chair, Ford CEO agree: No quick fix for semiconductor crunch
There is no quick fix for the global semiconductor crisis, according to Fed Chairman Powell and Ford CEO Jim Farley.
Tesla posts record profits, expects supply chain woes to persist
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
Winners and losers from Fed's interest rate decision
LPL Financial senior market strategist Ryan Detrick and Price Futures Group energy analyst Phil Flynn provide insight on 'The Claman Countdown.'


















