Toyota cuts output target amid chip crunch as profit tumbles 25%
During the coronavirus pandemic, Toyota fared better than most carmakers in managing supply chains, but it fell victim to the prolonged chip shortage this year.
Tesla Cybertruck mass production slated for next year: report
Tesla will reportedly begin mass production of the long-awaited Cybertruck at the end of next year. CEO Elon Musk has said it might be the company's best product.
Electric Chevrolet Blazer reservations are sold out already
The reservations book for the 2024 Chevrolet Blazer EV has been closed nearly a year before deliveries of the midsize electric SUV are set to begin.
Derek Jeter is a Jeep salesman now
Derek Jeter and his wife Hannah have signed a multi-year contract with Jeep to be the featured in an advertising campaign for its Wagoneer and Grand Wagoneer models.
Toyota to limit smart keys to 1 per new vehicle sold, due to semiconductor shortage
Amidst a global shortage of semiconductors, Japanese automaker Toyota Motor Corp. reportedly announced that it would replace one of the "smart" keys for its cars.
Ford and GM both say they have the best-selling trucks. So who does?
General Motors CEO Mary Barra says her company's trucks outsell the Ford F-Series, which Ford claims to be the best-seller, and they're both correct in a way.
Genesis GV60 revolutionizes auto industry with fingerprint, face-scanning technology
Fox News Digital automotive editor Gary Gastelu previews the Genesis GV60 complete with a fingerprint ignition and a face scanner.
Kia recalls 72,000 Sportage models, says park outside due to engine fire risk
Kia Sportages are being recalled for a second time over what the National Highway Traffic Safety Administration is calling a fire risk in the engine area.
Mobileye IPO: What to know
Mobileye is selling 41 million Class A shares at $21 per share. The offering values Intel's autonomous hardware and software unit at $16.7 billion.
Mercedes-Benz to leave Russia, sell assets amid war in Ukraine: 'Demanding environment'
Mercedes-Benz became the latest car maker to announce that it would be withdrawing from the Russian market and selling up its assets there.
Intel's Mobileye IPO prices above expected range
Intel's Mobileye IPO will begin trading Wednesday after selling 41 million shares at $21 each raising $861 million.
Hyundai breaks ground on $5.5B electric car plant in Georgia
New $5.5 billion Hyundai plant a political boost for incumbents Gov. Brian Kemp (R-GA) and Sen. Warnock (D-GA) facing Stacey Abrams and Herschel Walker respectively.
Cleveland-Cliffs CEO Lourenco Goncalves: We are the largest supplier of steel to Ford
Cleveland-Cliffs CEO Lourenco Goncalves discusses the company's earnings results and provides his outlook for the steel industry on 'The Claman Countdown.'
GM beats inflation as US demand drives quarter
The automaker reported net income of $3.3 billion, or $2.25 per share, on revenue of $41.9 billion. Net income for the quarter was driven by a new vehicle sales increase of 24% in the United States.
Amazon-owned Zoox robotaxis test in three US cities
Zoox CEO Aicha Evans discusses their technology and competition in the robotaxi space on 'The Claman Countdown.'
GM launching return-to-office plan for salaried workers in January
GM is telling its employees they can no long work fully remote starting in January. Management believes this will help accelerate its plan to go all-electric.
Elon Musk's Tesla drops after Model 3, Y price cuts in China
Tesla CEO Elon Musk has warned that demand is "a little harder than it otherwise would be" due to a "recession of sorts" in China driven by a softening property market.
Toyota eyes Tesla, scrambles for EV reboot
A working group within Toyota has been charged with outlining plans by early next year for improvements to its existing EV platform or for a new architecture, sources said.
Here's why a GMC Hummer EV just sold for $225,000 at auction, double its list price
A GMC Hummer EV was sold at the Barrett-Jackson Houston auction for $225,000, which is about twice what it cost when new, as supply can't keep up with demand.
Electric vehicles and charging stations fuel cybersecurity concerns
Record Electric Vehicle sales means record Charging Station implementation and use; however this opens up consumers and the grid to cyberattacks from hackers.



















