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Hertz Corp has named former Ford Motor Co Chief Executive Mark Fields as its interim CEO, the rental car company said on Tuesday.

Volvo is recalling nearly 260,000 older cars in the U.S. because the front driver’s air bag can explode and send shrapnel into the cabin.

Tesla Inc. subjected a Black former worker to a racially hostile work environment and failed to take reasonable steps to prevent him from being racially harassed, a federal jury found Monday.

GM is opening the Wallace Battery Cell Innovation Center to support research and development into EV battery tech. The facility will be located at the GM Global Technical Center in Warren, Michigan.

The South Korean battery giants powering many of the world's electric vehicles face a skills shortage that could drag on the global race towards zero-emissions transport.

Rivian has revealed in its IPO filing that it has over 48,000 pre-orders for its electric pickup and SUV and the capacity to build 150,000 vehicles anually.

GM is settling a lawsuit it brought against Ford that claimed its BlueCruise driving system infringed on the trademark for GM's Super Cruise feature.

Companies are prioritizing higher-priced items as consumers move away from budget-friendly products to upscale goods.

General Motors' plans to electrify its vehicle lineup has won the support of hedge fund Engine No. 1, which gained notoriety in January when it won three seats on Exxon Mobil’s board of directors by convincing big investors that the oil giant lacked a clean energy strategy.

Ford reported the most U.S. sales of any automaker in September as it begins to rebound from the semiconductor shortage that has been affecting the industry. The brand remains the third-best seller for the year.

Tesla says it delivered 241,300 electric vehicles in the third quarter even as it wrestled with a global shortage of computer chips that has hit the entire auto industry.

Electric truck maker Rivian Automotive, which currently sources batteries from South Korean supplier Samsung SDI, plans to build battery cells in-house, its filing for a U.S. initial public offering showed on Friday.

Forecasters expect that September sales fell around 25% from last year as chip shortages and other parts-supply disruptions cut into the selection on dealer lots and raised prices once again to record levels. That sent many frustrated consumers to the sidelines to wait out a shortage that has hobbled the industry since late last year.

Questions are swirling about whether Ford's new mega factories planned for Tennessee and Kentucky will be UAW shops.

U.S. auto sales dropped dramatically in the third quarter as inventories continued to dwindle amid the ongoing chip shortage. Hyundai and Kia saw the largest gains among major brands.

The California DMV has issued permits to Cruise and Waymo to operate autonomous ride-hailing services in and around San Francisco.

Lordstown Motors confirmed earlier reporting Thursday that it plans to sell its Ohio factory to Foxconn.

Inventory shortages are serving as a severe headwind for used-car dealers, according to CarMax Inc.