Robert Downey Jr.-backed classic car company moving into old California Navy shipyard
Kindred Motorworks is opening a new headquarters and assembly building on California's Mare Island to build its high-end vintage vehicle conversions.
Inflation may be easing but car insurance isn't
Bankrate estimates that full coverage auto insurance nationwide will cost $2,014 in 2023. Experts don't see pressures on premium rates easing this year.
High prices and interest rates will keep drivers from buying cars in 2023: survey
Forty-nine percent of drivers said they did not intend to purchase a new car in 2023, but 38% said they would consider buying a car this year if prices fell, according to a recent survey by Jerry, a car compare-and-buy service.
Ford vs. GM: A tale of two automakers
GM and Ford are driving down two different paths for investors, creating a divide within the automotive sector after quarterly earnings and input from the CEOs.
Japan startup selling $550,000 Star Wars-inspired hoverbike to list on NASDAQ
Aerwins who has created a Star Wars inspired hover bike, known in the movies as speeders, will list on the NASDAQ after merging with a SPAC called Pono Capital Corp.
Elon Musk not liable in lawsuit over tweets pledging to take Tesla private, jury rules
A San Francisco jury ruled that Tesla CEO Elon Musk isn't financially liable for damages stemming from a tweet in 2018 stating that he had funding to take Tesla private.
More EVs to qualify for tax credit following Treasury changes
The Treasury Department said Friday it was modifying how it classifies electric vehicles subject to certain price caps set under the Inflation Reduction Act.
Ford is returning to F1 to help sell electric cars, CEO Farley says
Ford and Red Bull Racing are joining forces to build hybrid power units for Formula One in 2026 as the automaker begins shifting toward electric vehicles.
Firefighters warn a Tesla fire is 'one of our worst nightmares'
U.S. fire departments are reporting increased challenges in putting out fires involving electric vehicles such as Teslas, as electric vehicles are capturing a greater market share.
Netflix partners with GM to put more electric vehicles in shows and movies
Netflix and General Motors announced a partnership on Thursday to put more electric vehicles in movies and TV shows produced by the streaming giant.
Ford sales up 2% in January on strong truck performance
Ford sales were up 2% in January, with F-Series truck deliveries improving by 8.8% as inventories and dealer stock continue to recover from recent shortages.
US government investigating Ford Explorers after receiving complaints of parts flying off
The National Highway Traffic Safety Administration opened a probe into 2011 through 2019 Ford Explorer SUVs and is investigating a possible issue with parts flying off the car.
EV maker Rivian cutting 6% of workforce, but manufacturing jobs spared
Electric vehicle maker Rivian Automotive announced that it will lay off about 6% of its workforce amid a push to cut costs and reach profitability in a competitive EV market.
As Tesla ignites an EV price war, suppliers brace for Musk seeking givebacks
Most Tesla suppliers, which include battery makers Panasonic, LG Energy Solution, and CATL, as well as Italian casting machine maker IDRA Group, avoid discussing the carmaker publicly.
Another week of higher gas prices shows no signs of slowing: AAA
Gas prices continue to climb as demand grows and oil prices surge, according to the latest report from AAA. Drivers are also facing rising insurance costs in 2023.
Tesla confirms Justice Department request for autopilot documents
Department of Justice, NHSTA, and Securities and Exchange Commission are investigating Tesla's autopilot system for safety and whether Tesla misled consumers.
Tesla looks to be the winner 'in this price war': Gary Black
The Future Fund managing partner Gary Black says he isn't worried about electric vehicle competition entering the auto market.
GM CEO Barra says there's no need to chase Tesla, Ford EV price cuts
General Motors doesn't plan to cut any of the previously announced prices for its upcoming electric vehicles, despite the recent adjustments by Tesla and Ford.
GM shoves aside recession fears with robust 2023 forecast
In the fourth quarter, GM earned $2 billion, up from $1.7 billion the previous year, as higher prices and increased sales volume in North America more than offset higher costs.
Price is top reason why consumers want to drop auto insurance providers
Many Americans believe their current auto insurance costs are too expensive. Here's what you can do to lower yours.



















