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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.

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.

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.

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.

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 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.

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 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 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.

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.

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.

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.

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.

Department of Justice, NHSTA, and Securities and Exchange Commission are investigating Tesla's autopilot system for safety and whether Tesla misled consumers.

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.

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.

Many Americans believe their current auto insurance costs are too expensive. Here's what you can do to lower yours.

Shares of online used car dealer Carvana are up in trading as the supply in used car strengthens and the prices of new cars remain at all time highs.