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Wholesale used car prices hit a record high in May. Manheim reported the average price of a vehicle was $20,260.

It is delivery day at Tesla.

Benedetto Vigna, who is set to join Ferrari as chief executive officer on Sept. 1, currently serves as STMicroelectronics' president of analog, micro-electromechanical systems (MEMS) and sensors group, its most profitable operating business in 2020.

GM is removing the stop/start feature from V8-powered light duty full-size trucks due to the ongoing semiconductor shortage. The feature shuts off the engine to save fuel when the vehicle is not in motion.

Electric-truck startup Lordstown Motors Corp. disclosed in a new regulatory filing Tuesday that it doesn’t have sufficient cash to start commercial production and has doubts about whether it can continue as a going concern through the end of the year.

According to data from China's Passenger Car Association, Tesla sold 33,463 total vehicles in China in May. Approximately 21,936 vehicles were delivered in China, while 11,527 were exported to Europe. The delivery figures mark a 29% improvement from April, when the company sold about 26,000 electric vehicles made in China, down from roughly 36,000 in March.

The Biden administration sets out to increase domestic manufacturing, limit supply chain shortages, and become less reliant on competitors, specifically China, in addition to tackling the computer chip shortage.

Ford is targeting non-traditional truck buyers with its new compact Maverick pickup. The crossover pickup comes with a standard hybrid powertrain for $21,490.

You don’t have to take car insurance rate hikes lying down.

A parking space in Hong Kong has been sold for a record $1.3 million. The price broke the previous high mark by over 30%.

Volkswagen on Sunday said it had reached the broad outlines of a settlement with former boss Martin Winterkorn over his role in the dieselgate scandal, with the final details to be thrashed out over coming days.

The Plaid+, which had a starting price of $149,900 before gas and tax incentives and a range of 520 miles, was supposed to be available starting in mid-2022.

Your car insurance company may cover a rental car while it’s being repaired after an accident. Here’s what you need to know about rental reimbursement coverage.

Henrik Fisker's meeting with Pope Francis to present plans to build an electric Popemobile did not take place in the Vatican as claimed, but in a reception line at an event in Rome.

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More than 10,300 electric vehicles were sold last month, with the F-150 PowerBoost and Escape providing the largest boost, the automaker said.

Ford is offering a $1,000 incentive to customers who custom order their vehicles due to delays caused by the semiconductor chip shortage hitting the auto industry. The top-selling F-150 is included in the program.