Here's why the Monterey Car Week auctions beat expectations with $343 million in sales
The Monterey Car Week auctions brought in a combined $343 million, which was up 37 percent from 2019. The event was canceled in 2020 due to the coronavirus pandemic.
Detroit sticks with trucks, SUVs despite lofty 2030 goals for EVs
Automakers in North America plan to build more big pickups and sport utility vehicles than electric vehicles well into the late 2020s, chasing sales trends that run counter to the Biden administration's goal of boosting EVs to half the market by 2030, according to internal production forecasts viewed by Reuters.
NHTSA launches investigation into Tesla Autopilot crashes involving emergency vehicles
NHTSA has opened a formal investigation into the Tesla Autopilot driver aid after it was confirmed to have been involved in 11 crashes with emergency vehicles and first responder scenes.
Hydrogen-powered vehicles: A realistic path to clean energy?
Hydrogen, the most abundant element in the universe, is increasingly viewed, along with electric vehicles, as one way to slow the environmentally destructive impact of the planet’s 1.2 billion vehicles, most of which burn gasoline and diesel fuel. Manufacturers of large trucks and commercial vehicles are beginning to embrace hydrogen fuel cell technologies as a way forward. So are makers of planes, trains and passenger vehicles.
Carvana's success rides on used-car loans
Online used-car dealer Carvana Co., known for its vehicle vending-machine towers, has a secret sauce to its business success: a way of handling car loans that turbocharges revenue.
Nikola receives $2M government grant weeks after founder criminally charged
Founder Trevor Milton stepped back from the company in September after a damning report from short-selling activist firm Hindenburg Research accusing Milton of deceiving investors with a video that made it look like one of Nikola’s trucks was driving when in fact the vehicle was simply rolling down a hill.
Ram pickup trucks recalled over risk of air bag launching shrapnel
Automaker Stellantis is recalling more than 260,000 Ram trucks over a potential hazard caused by side-curtain air bags.
Lordstown Motors heads toward limited production, although future still unclear
Lordstown Motors expects to begin limited production of its electric pickup truck next month, yet the future of the Ohio startup remains hazy.
Hyundai, Kia recall 600,000 vehicles to fix trunk latch problem
Hyundai and Kia are recalling more than 600,000 vehicles in the U.S. because damage to the trunk latches can stop them from being opened from the inside.
Monterey Car Week auctions predicted to break $320 million in sales
The Monterey Car Week auctions are underway and estimated to bring in $320 million in sales. The event was canceled last year due to coronavirus restrictions.
Inflation check: Gas, cars, truck prices rising
The Consumer Price Index rose 5.4% in July, matching the prior month's gain as the fastest since August 2008, while prices at the producer level jumped 7.8%, the most on record, according to the U.S. Bureau of Labor Statistics.
Dems pushing to include $160B in EV funding in spending bill
Blink Charging founder and CEO Michael Farkas discusses the benefits of electric vehicles on 'Claman Countdown.'
Mark Wahlberg Chevrolet scores endorsement from Ohio State football freshman Jack Sawyer
Ohio State football freshman Jack Sawyer is being sponsored by Mark Wahlberg Chevrolet in a first of its kind partnership for the dealer.
Home appliance prices jumped in July: Labor Department
FOX Business' Lydia Hu reports on increased prices for appliances following the release of Consumer Price Index data.
Automakers hedging their bets on hybrid, electric models
FoxNews.com automotive editor Gary Gastelu on President Biden's push for 50% of car sales to be electric and hybrid by 2030.
Used car sales platform Shift sees record revenue as demand surges
Shift Technologies co-CEO Toby Russell on rapid growth in the used car market.
Americans' debt rose $313B in Q2 – here’s how to help pay yours down
Auto loans and mortgages drove an increase in debt in the second quarter of 2021. Here's what consumers can do to pay debt down quickly.
Tenn. Nissan plant to close for 2 weeks due to chip shortage
Nissan says its huge factory in Smyrna, Tennessee, will close for two weeks starting Monday due to computer chip shortages brought on by a coronavirus outbreak in Malaysia.
Comparing car insurance quotes can save you hundreds of dollars per year - here's why
Auto insurance premiums vary from one insurer to the next, so it's important to compare rates when you're shopping for a new policy.
Early Lordstown Motors investor Workhorse Group sold most of stake in startup
Workhorse was an early investor in Lordstown Motors, which was established in 2019 by Workhorse founder and former chief executive Steve Burns, an entrepreneur who had previously begun tech and marketing companies.



















