Online used car seller Vroom raises $467.5M in IPO
The IPO gives Vroom a value of $2.48 billion
Tesla Cybertruck could be world’s first ‘circular car’: Expert
Levi Tillemann on Tesla Cybertruck
Volkswagen considering more cost cuts to cope with downturn
Volkswagen is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday.
Lobsters at center of Trump’s latest tariff battles with EU, China
The president threatened to levy tariffs on auto imports from the European Union unless it lifted the levies.
Nikola anticipates production of electric, driverless truck by 2021
Nikola electric truck goes public, slated for 2021 production
Ford extends work from home until September for most salaried employees
Ford will extend its work from home policy for the majority of its salaried employees until at least the beginning of September to mitigate the spread of the coronavirus pandemic.
AutoNation cuts 3,500 workers for good
AutoNation furloughed 7,000 employees and half of them won't be coming back.
Former United Auto Workers Union president pleads guilty
Gary Jones pleads guilty
Honda recalls 1.4M vehicles to fix faulty fuel pumps
The recall includes 136,000 vehicles in the U.S.
Auto loans at lowest rates since 2013: Edmunds
It marks the lowest average interest rate since August 2013
Infected workers, parts shortages slow auto factory restarts
The U.S. auto industry’s coronavirus comeback plan was pretty simple: restart factories gradually and push out trucks and other vehicles for waiting buyers in states left largely untouched by the virus outbreak.
Tesla CEO set to earn $775 million payout
Elon Musk scores big in the company's share value
Varney: Elon Musk is the most important executive in the world
FOX Business' Stuart Varney during his latest "My Take” argues Tesla CEO Elon Musk is a "game changer," not just a "showman."
French carmaker Renault announces 15,000 job cuts worldwide
This is part of a 2 billion-euro cost-cutting plan over three years.
Nissan loses $6.2B as it prepares to slim down
Nissan Chief Executive Makoto Uchida said the company had gone astray by seeking "excessive sales expansion."
Tom Brady's customized Cadillac Escalade on sale for $300K
The SUV features reclining VIP seats, a 32-inch LCD screen, a mobile internet router
Landlords struggle to make ends meet in some states
Gerri Willis on the growing tension between landlords and tenants
Oklahoma official campaigns to bring Tesla factory to his state
Sean Kouplen on Tesla in Oklahoma
Tesla to cut car prices in North America, China
It was not immediately clear by how much Tesla was cutting its prices.
Amazon in advanced talks to buy self-driving-car tech company Zoox
Deal expected to value Zoox at less than its last private valuation



















