Rep. Kildee: Reshore chip manufacturing, instead of relying on uncertain global supply chains
Rep. Dan Kildee, D-Mich., on the impact of the chip shortage and the investment of chip manufacturing in the US.
Minivans experience nationwide comeback due to space, utilities
Used cars and minivans are selling for higher prices than new cars, with minivans selling more than 8% above market price in June. FOX Business' Grady Trimble with more.
Toyota reports record profit amid pandemic, keeps forecasts
While the pandemic has dented sales and demand in some global businesses, Toyota appears to be roaring back. Uncertainties remain such as the global shortage of semiconductors that’s slammed the auto industry, as well as effects of COVID-19.
GM shares fall despite $4.1B profit, boosted forecast
Investors are skeptical of GM's outlook as the chip shortage creates more uncertainty for the auto industry.
Survey says most Americans overpaying for car insurance: How to lower your rate now
Most drivers think they are paying a fair price for their car insurance, but some experts disagree. Here's how to ensure you have the best rate.
Decade-old Dodge Durango SUV helps drive $7 billion Stellantis profits with record sales
Stellantis reported a $7 billion profit for the first half of 2021, despite the ongoing challenges of the semiconductor shortage. Several models set retail records for the period, including the decade-old Dodge Durango SUV.
Revel launches all-Tesla ride hail app
Revel co-founder and COO Paul Suhey on the new electric vehicle rideshare app and why the company is rejecting the gig economy model.
Renault locks in lithium supply from Vulcan Energy in five-year deal
Renault locks in lithium supply from Vulcan Energy in five-year deal
The Zen of the Olympic Bullpen Cart
Pitcher Jeremy Bleich was lathered up in the bullpen, and he needed to relax. The reliever for Team Israel had just warmed up at Yokohama Stadium to face the U.S., and his mind was racing with thoughts of the game-winning run he allowed in a crushing extra-inning defeat the night before.
Rivian filed trademarks for 6 new model names after $2.5 billion investment round
Startup automaker Rivian has filed trademark applications for six new model names, even as it is yet to sell one vehicle. The company is also reportedly looking for a site to build a second factory.
Rise in car crash deaths prompts new seat-belt push
More drivers have engaged in risky behaviors, like speeding and driving under the influence, during the COVID-19 pandemic. Compounding the problem, safety officials say, these drivers often leave their seat belts unbuckled, raising the potential for deadly consequences.
Nikola founder Trevor Milton indicted on 3 fraud charges
Nikola Corp. founder Trevor Milton has been indicted on three charges of fraud by the U.S. Department of Justice based on statements he made while chairman of the electric truck startup.
The Ford Bronco and electric F-150 Lighting are stealing lots of customers from other brands
Ford CEO Jim Farley said Bronco and F-150 Lightning customers are coming from other brands in droves. Over seven out of 10 reservations and orders are from people new to Ford.
Ford cruises by chip shortage, boosts outlook
Ford Motor Co. revved up surprise second-quarter profits this year – powered by climbing pickup and SUV prices even as a global computer chip shortage forced it to pump the brakes on production.
Tesla test drives going remote in new retail strategy, report says
Tesla is changing up its retail strategy and will close many stores in favor of central locations. Advisors will be able to schedule test drives and remotely unlock cars for customers to access.
Biden mileage rule to exceed Obama climate goal
President Biden is proposing a return to aggressive Obama-era vehicle mileage standards over five years, according to industry and government officials briefed on the plan.
Is US electric vehicle market slowdown an opportunity to buy?
Gerber Kawasaki CEO Ross Gerber and Barron's senior special writer Allen Root weigh in on China's crackdown crashing EV stocks.
United Auto Workers union gets $1.1M for lake house built for convicted former president
The United Auto Workers union says it got $1.1 million for a lakefront house in northern Michigan that was being built for former president Dennis Williams, who was sentenced to prison in a federal corruption probe.
Big Tech, growth stocks up while consumer discretionary sector's down
George Seay, founder of Annandale Capital, and Danielle DiMartino Booth, CEO of Quill Intelligence LLC, on the stock market.
Ford to open new electric vehicle battery facility in Michigan
The new collaborative learning lab, dubbed Ford Ion Park, represents $100 million of the automaker's total $185 million investment in developing, testing, and building electric vehicle battery cells and cell arrays. It is also part of the company's $30 billion investment in electrification by 2025.



















