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Tesla CEO Elon Musk said customers who buy Full Self-Driving are 'betting on the future' as the autonomous driving feature remains a work in progress.

Lucid Motors CEO says the electric vehicle maker is on track to meet projected deliveries for the next two years.

The electric vehicle maker's second-quarter profit came in at $1.14 billion, or $1.02 per share, compared with $104 million or 10 cents a share, a year ago.

The nation's average gas price fell about 2.9 cents per gallon from a week ago to $3.14 per gallon, according to GasBuddy data.

Steven Penkevich spent 36 years at Ford Motor Co. as part of an army of Detroit engineers who perfected the internal combustion engine, a technology dating back to the dawn of the automobile era. He developed gasoline engines for family sedans as well as thunderous NASCAR racing machines.

General Motors said Friday that it will include its expanded, hands-free driver-assisted technology on six vehicles next year.

Ford and ride-share app Lyft are bringing autonomous vehicles to Lyft customers in Miami by the end of 2021.

Daimler AG's luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the planned share of sales by 2025.

Ford Refresh95, which are certified cabin air filters, will be rolled out to select Ford vehicles, including the Bronco Sport, Escape, Explorer, Mustang Mach-E, Police Interceptor Utility and Maverick by the end of the year.

Auto insurance rates are increasing this year, and are set to increase even more in the year ahead. One expert gives four tips on what you can do to keep your rates low.

Japan’s top automaker, Toyota, has announced the withdrawal of all Olympic-themed advertisements from airing locally in response to backlash surrounding the rising COVID-19 infection rates as it relates to the Tokoyo Olympics.

Volkswagen AG is phasing out sales of the Passat sedan in the U.S., the latest well-known nameplate to exit U.S. showrooms as auto makers embrace sport-utility vehicles.

Strong demand for automobiles is showing no sign of slowing, according to AutoNation CEO Mike Jackson.

Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model.

Ford may begin shipping vehicles to dealers without all of the required semiconductor chips, which will be installed at the showrooms, Automotive News reports. The automaker is considering several options to address the shortage of chips currently strangling production.