Will Ford give Tesla a run for its money?
International Assets Advisory CEO Ed Cofrancesco defends his winner for electric vehicle automaker.
Honda, Hyundai and Kia set sales records in May
Honda, Hyundai and Kia all reported record sales months in May as shoppers return to showrooms. Pent-up demand caused by the coronavirus pandemic is not slowing down.
Advance Auto Parts CEO: Chip shortage has ‘big impact’ on new cars
Advance Auto Parts CEO and President Tom Greco said on Wednesday that the global chip shortage “is going to elongate the time” that people get a new vehicle and will lead to more used car sales and an “aging fleet,” which he said is “very good” for his business.
Tesla files for trademark to enter restaurant business
According to a May 27 filing, the electric vehicle manufacturer is looking to introduce restaurant services, pop-up restaurant services, self-service restaurant services and take-out restaurant services.
Tesla price hikes due to parts and materials supply issues, Musk says
Recent price increases on the Tesla Model 3 and Model Y are due to parts supply issues, Elon Musk has revealed. The manufacture and delivery of various parts and raw materials have been affected by the coronavirus pandemic.
Goodyear faces allegations of labor abuse in Malaysia, documents show
American tire manufacturer Goodyear Tire & Rubber Co (GT.O) is facing accusations of unpaid wages, unlawful overtime and threats to foreign workers at its Malaysian factory, according to court documents and complaints filed by workers.
White House pushes back as Memorial Day weekend gas prices top $3 for first time in 7 years
The White House on Friday moved to quell concerns of gasoline prices on Memorial Day Weekend surging above $3 per gallon for the first time in seven years.
Memorial Day auto deals: Here’s where to find them
Memorial Day car deals are harder to find this year, but they are out there. Cash incentives are available on several top models.
Texas still won't allow direct Tesla sales despite Austin factory
The Texas Legislature will not pass a bill to allow Tesla to sell cars directly in the state before it adjourns Sunday until 2023. The automaker is scheduled to begin manufacturing vehicles at its Austin factory by the end of this year.
If you’re buying an RV, here’s what you need to know
Social distancing and road trips can go hand-in-hand.
Does car insurance protect against theft?
Does car insurance cover a stolen car? Learn what auto insurance does and doesn’t cover.
US durable goods orders drop 1.3% in April
U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production.
Rental car shortages hitting across country ahead of Memorial Day
The U.S. has been suffering from a rental car shortage as more people get vaccinated against the coronavirus and travel picks back up. FOX Business’ Lydia Hu with more.
US Senate panel advances EV tax credit of up to $12,500
The U.S. Senate Finance Committee advanced legislation on Wednesday that would boost electric vehicle tax credits to as much as $12,500 for EVs that are assembled by union workers in the United States.
Ford's F-150 electric truck sales hit 70,000: CEO Jim Farley
Strong sales of Ford's F-150 Lightning may serve as a positive barometer for the automaker's major push into electric vehicles.
Planning to buy a car Memorial Day weekend? It's a better time to sell, experts say
Dealerships will likely scoop up unwanted cars due to the fact that inventory levels are falling all while the demand for used cars has increased, according to the digital automotive marketplace.
Ford CEO announces 70,000 orders already placed for new EV F-150
Ford Motor Company CEO Jim Farley discusses the future integration of Ford's electric vehicles.
Defiant Ghosn pins hopes on French probes to clear his name
Auto magnate-turned-fugitive Carlos Ghosn is campaigning to clear his name, and hopes a visit by French investigators to his home in exile in Lebanon will be his first real opportunity to defend himself since the bombshell arrest that transformed him from a visionary to a prisoner overnight.
Tesla has over 1 million Cybertruck reservations, unofficial tally says
A crowdsourced tally says that the number of reservations for the Tesla Cybertruck is now over one million. The electric pickup is scheduled to enter production by the end of 2021.
Ford developing 2 new electric vehicle platforms, report says
Ford will add two new electric vehicle platforms to its arsenal as it expands its lineup of electric vehicles. One will be used for full size trucks and the other for smaller cars and SUVs.



















