General Motors removing heated seat option due to chip shortage
General Motors is removing the heated seat option from several models to conserve semiconductor chips in an effort to build more complete vehicles for sale.
Toyota accelerating vehicle production in December as COVID-induced parts shortages ease
Toyota expects to build approximately 800,000 vehicles globally in December, up from approximately 760,000 vehicles built during the same period a year ago.
Used car prices will continue to rise amid manufacturing shortage: Swift co-CEO
Shift Technologies, Inc. co-CEO Toby Russell discusses the impact the new car manufacturing shortage has had on the used car business.
New car manufacturing shortages triggers spike in used car prices: Swift co-CEO
Shift co-CEO Toby Russell argues 'consumer demand remains' despite steep increase in used car prices.
Tesla's Elon Musk trolls Rivian after blockbuster IPO
Despite Rivian's blockbuster IPO, Elon Musk has warned that the "true test" for the electric vehicle maker and Tesla competitor's success will be to achieve high production and breakeven cash flow.
Used car prices are rising: Shift co-CEO
Shift co-CEO Toby Russell discusses the value of used cars amid supply chain crunch.
Lordstown Motors delays electric pickup launch again
Lordstown Motors has delayed the launch of its Endurance pickup to the third quarter of 2022 citing supply chain issues.
Carmakers, retailers cutting advertising ahead of holiday season due to supply chain issues
Automobile manufacturers and retailers are looking at a quiet holiday season as they cut promotions during a supply chain crisis that does not appear to be improving.
Manchin opposes proposed bonus tax credit for union-made electric vehicles in Biden spending bill
Moderate Sen. Joe Manchin, D-W.Va., said Thursday he opposes a proposal in President Biden’s social spending bill that would award enhanced federal tax credits for union-made electric vehicles.
Average new car price soars to $46,000
New car prices surged to a record high last month as buyers paid over sticker price amid an environment of strong demand and tight supply.
Amazon-backed Rivian shares jump in IPO debut
Amazon-backed Rivian shares popped as the newest publicly-traded electric vehicle maker.
Rivian prices shares at $78 in highly anticipated IPO
Rivian Automotive Inc. priced its highly anticipated initial public offering at $78 a share, well above its raised expectations, valuing the electric-vehicle maker at more than $77 billion on a fully diluted basis, according to a person familiar with the matter.
Infrastructure bill mandates that new cars monitor drivers for signs of impairment
The $1.2 trillion infrastructure bill passed by Congress last week includes a mandate that carmakers include technology in new vehicles that monitors drivers for impaired driving
Hyundai whistleblower gets $24 million from NHTSA in engine recall case
A former Hyundai engineer has been paid $24 million by NHTSA as part of a whistleblower program that pays for information that leads to civil penalties.
KBB data reveals new vehicle prices top $45K for first time: Keep your costs low with these 3 tips
New car prices rose to a new all-time high for the sixth consecutive month, surpassing the $45,000 mark for the first time. Here's how you can save money.
Electric Geely Homtruck to take on Tesla Semi with autonomous driving and built-in apartment
The electric Geely Homtruck semi lives up to its name with a fully-equipped mini apartment than includes a shower, kitchen, bed and toilet.
Biden hypes $1T bill impact on electric cars
Boasting about his $1 trillion infrastructure package, President Joe Biden overstated its reach by claiming it would result in 500,000 electric vehicle charging stations and meet his pledge to nudge half of U.S. drivers into EVs by decade’s end.
Companies grapple with post-pandemic inventories dilemma
Companies are wrestling with how big their inventories should be, since the pandemic highlighted the dangers of having both too much and too little stored away.
M&M's sponsoring Kyle Busch at NASCAR season finale despite conduct violation
Kyle Busch's car will be sponsored by M&Ms at the NASCAR Cup Series season finale a week after he was sanctioned by the series for using an insensitive term during a post-race interview.
Rivian sued for gender discrimination and retaliation by fired VP ahead of IPO
Former Rivian VP Laura Schwab has filed a gender discrimination lawsuit against electric truck startup Rivian days before it launches an IPO.


















