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Hertz adding Tesla Model Y to rental fleet

Hertz is adding the Tesla Model Y to its rental fleet alongside the Model 3. The vehicles are part of a planned 100,000 vehicle purchase from the automaker.

Ukraine war, chip shortage hit Ford production

Ford is idling two European factories and losing supplies of a vehicle built by Volkswagen due to the semiconductor chip shortage and supply chain issues caused by the war in Ukraine.

GM buys SoftBank's stake in its driverless car unit Cruise

General Motors Co. said it is buying out SoftBank Vision Fund L.P.'s stake in its Cruise division for $2.1 billion, roughly four years after the Japanese investment firm joined the car maker in betting on driverless-car technology.