Electric Cadillac Lyriq production begins in Tennessee ahead of May deliveries
Cadillac has started production of its first electric vehicle, the Lyriq, at GM's Spring Hill, Tenn., factory. The $59,990 SUV competes against vehicles like the Tesla Model Y and Audi e-tron SUV
Paris taxi driver files lawsuit against Tesla after fatal crash
A Paris taxi driver is suing Tesla over a fatal car crash.
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.
Are rising gas prices making auto companies get ahead of themselves in EV push?
Frances Newton Stacy and Gary Kaltbaum provide insight on auto companies ramping up the push for electric vehicles as gas prices soar.
Volkswagen recalling 223,000 SUVs for braking and airbag problems
Volkswagen is recalling 223,000 Atlas and Atlas Cross Sport SUVs due to a wiring harness issue that can lead to phantom braking and airbag failure
Ferrari stripping Russian sponsor Kaspersky Lab from its Formula One cars
Ferrari's Formula One team will not feature the logos of its sponsor Kaspersky Labs until further notice as the automaker assesses its relationship with the software security firm. Several governments are concerned that the company's products could be hacked by Russian agents.
Allstate raises auto rates due to inflation
Allstate is hiking auto insurance rates in an effort to offset rising inflation.
Elon Musk working on Tesla Master Plan Part 3
Elon Musk has announced via Twitter that he is working on the third version of Tesla's master plan. The automaker released a previous update in 2016.
Steve Wozniak just bought Tesla-rivaling electric car
Apple co-founder Steve Wozniak has revealed on Twitter that his newest car is an electric Lucid Air.
China's new COVID lockdown hits Apple supplier, raising risk of higher inflation
A spike in COVID-19 cases has prompted China to lock down two major cities, freezing production across a number of auto manufacturers and electronics factories – a move that threatens to further exacerbate the hottest inflation in four decades.
Ford to launch 7 new electric vehicles in Europe by 2024 with help from Volkswagen
Ford will launch seven new electric vehicles in Europe by 2024, including two crossovers built on a Volkswagen-designed platform.
St. Louis County former Ford mechanic awarded $20M in asbestos suit
A former Ford mechanic was awarded $20 million after suing over alleged exposure to asbestos while he worked on Ford vehicle brakes as a mechanic in the 1960s.
February Inflation: Where are rising prices hitting Americans the hardest?
FOX Business provides a roundup of the products whose year-over-year price increases are hitting Americans the hardest.
Gas prices: What you can do to spend less at the pump
Fox Business provides a roundup of best practices for consumers looking to save money on gas while driving and at the pump.
California to test electric Fords and GMs as backup power for homes
The Pacific Gas & Electric Company is planning pilot programs this year to study the use of Ford and GM's electric vehicles as backup power for homes in case of blackouts.
Metals spike jumps catalytic converter thefts
The National Insurance Crime Bureau estimates that owners can pay between $1,000 to $3,000 to replace stolen catalytic converters, in addition to the lost income associated with missing work and finding and paying for alternate transportation.
Electric car searches double amid gas price spike
Interest in electric cars has more than doubled since the Russian invasion of Ukraine sent oil prices into record territory, according to new data from Cars.com.
Japan's Toyota to cut production by between 5%-20% from previous plan
Toyota Motor Corp has told suppliers it will cut domestic production by up to 20% as it faces strains from ongoing chip shortages.
Metal prices hit record highs, costs of consumer goods to rise
Metal prices are surging to record highs as the commodities remain in short supply exacerbated by the war in Ukraine.



















