The Chicago Auto Show is back, but does it matter? Here's what industry executives think
The 2021 Chicago Auto Show will be the first event like it held since coronavirus restrictions began last year. The event claims to have the largest attendance of any of the major auto shows.
Elon Musk tells court: 'I think I'm funny'
Elon Musk told a Delaware court "I think I'm funny" while he defended Tesla's 2016 acquisition of Solar City. The Tesla CEO told the plaintiffs' attorney, Randall Baron, that he is "a bad human."
GM drops another feature from its full-size trucks due to chip shortage
General Motors is removing wireless charging pads from its full-size SUVs in a effort to stretch its supply of semiconductor chips.
Chip shortage makes work trucks scarce for businesses facing booming demand
Construction contractors, home cleaners and other service-based companies are struggling to find new work vehicles, a potential bottleneck in growing their businesses as demand for their services surges amid the rebounding economy.
US companies working to develop chips to combat shortage
FOX Business' Grady Trimble speaks to University of Michigan Professor David Balaauw on combating the chip shortage in the U.S.
Used car prices steer toward Fed Chairman Powell’s inflation hunch
Used car prices are muscling their way onto the watchlists of some of the nation’s most sophisticated economic forecasters, most notably, the Federal Reserve.
Rodents chow down on Teslas, causing thousands in damage
Elon Musk may have a rat problem
Tesla raises Model S and X prices $5,000
Tesla has raised the base price of its Model S and Model X vehicles by $5,000 without explanation. The increases are the latest made by the automaker this year.
San Diego officials criticize per-mile tax proposal over privacy, funding concerns
The San Diego Association of Governments (SANDAG) proposal seeks to apply a fee to drivers for a set price-per-mile traveled within the county.
Stellantis announces $35 billion electrification plan that includes pickups, muscle cars and Jeeps
Stellantis will invest $35 billion through 2025 to electrify the lineups of its 14 brands and will launch 40 all-electric models globally by 2025.
Mark Wahlberg and Jay Feldman buy fifth Ohio car dealership
Mark Wahlberg and his business partner Jay Feldman have purchased their fifth car dealership together. Mark Wahlberg Chevrolet of Avon joins their growing portfolio in the state.
Why are car prices skyrocketing?
FOX Business' Gerri Willis speaks with Corey Shaker of Shaker Auto Group about car prices going up due to lack of inventory and high demand.
Nissan CEO tells Tokyo court Carlos Ghosn had too much power
Nissan Chief Executive Makoto Uchida told a Japanese court on Wednesday that the company’s former chairman, Carlos Ghosn, had held too much power, failed to listen to others, and stayed on for too long.
The Ford F-Series was outsold by Ram and Chevy in Q2 and the worst may not be over yet
The Ford F-Series finished the second quarter third in sales behind Ram and Chevrolet as production was negatively impacted by the ongoing semiconductor shortage.
Bugatti merging with Croatian electric hypercar brand Rimac
Croatia's Rimac and VW Group-owned Bugatti will merge to form a new hypercar brand. Bugatti Rimac will begin public trading in Q4 of 2021.
Ford sales plummet in June amid chip shortage
Ford reported a 26.9% drop in June sales as it deals with inventory issues caused by the coronavirus pandemic. A semiconductor shortage is the main problem it faces.
Tesla beats estimates with record 201,250 Q2 deliveries
Tesla posted a record quarter in Q2 with 201,250 deliveries. The result beat Wall Street estimates.
Porsche recalls flagship electric model Taycan over software issue
Porsche is recalling 43,000 Taycan electric cars to fix a software issue that can cause them to shut down suddenly.
Six-figure Tesla Model S Plaid burst into flames with driver inside, attorney says
A base-priced $129,900 Tesla Model S Plaid burst into flames while being driven this week, forcing the driver to push his way out before the car became engulfed in fire, the lawyer for the car’s Pennsylvania owner said, according to reports.
New auto sales, prices rise as chip shortage cuts US supply
U.S. consumers continued to spend wildly on new automobiles in the second quarter, pushing sales up 50.2% over last year despite tight dealer inventories and record high prices.


















