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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.

Startup automaker Lordstown Motors is reportedly in talks with Foxconn about the sale of its Ohio factory. The two companies would build products at the former General Motors plant.

Japan's industrial output fell for the second straight month in August as COVID-19 outbreaks elsewhere in Asia disrupted supply chains for carmakers already facing headwinds from a prolonged chip shortage.

Lucid Motors CEO Peter Rawlinson welcomes competition in the growing electric vehicle space while defending the quality of Lucid's product on 'The Claman Countdown.'

Business Roundtable has elected GM CEO Mary Barra as its incoming chair, making her the first woman to lead the association

Tesla CEO Elon Musk says the Biden administration appears to be "biased' against the electric vehicle maker, and "seems to be controlled by unions."

Rolls-Royce has confirmed that it will launch the Spectre electric car in 2023. The battery-powered model will be the brand's first as it begins the transition to an all-electric lineup by 2030.