Cars

Ford will open the Ford Ion Park battery research center in Michigan next year. The facility will help support its $22 billion investment in electrified vehicles.

Elon Musk said he expects the Tesla Model Y to be the world's best-selling car in 2022. Tesla is predicting 50 percent growth over the next few years.

GM President Mark Ruess told Fox Business that the global semiconductor shortage is the worst supply issue the automotive industry has ever seen as industry professionals predict it could stretch into 2022 or longer.

A dozen governors are asking President Biden to push for regulations that would ban the sale of new internal combustion engine cars across the U.S. by 2035. The states are following the lead of California, where Governor Gavin Newsom passed an executive order to the same effect last year.

The 2021 Cadillac Escalade is selling for an average price of $102,183, making it the best-selling vehicle over $100,000, according to Kelley Blue Book. The full-size SUV has pushed Cadillac's overall average transaction price to $58,550, which is second in its segment to Mercedes-Benz.

A lack of clarity behind the operation of Tesla's partially-automated driving systems and safety claims may mislead owners, an expert tells FOX Business.

The National Highway Traffic Safety Administration said Monday it has sent a Special Crash Investigation team to Spring, Texas, to look into the Saturday night crash of the electric car.

The Volkswagen ID.6 is the largest electric car it has ever made. It was designed specifically for China, but could come to the U.S.

General Motors and LG Energy Solutions are building a battery factory in Spring Hill, Tenn., to support electric car manufacturing at GM's nearby assembly plant. The $2.3 billion facility is scheduled to open in 2023.

The Tesla Cybertruck made its first visit to the Texas factory where it is supposed to enter production this year, but Elon Musk suggested that the Model Y has priority at the plant.

Ford took swipes at GM and Tesla in its announcement and it is getting ugly.

Walmart has become an investor in GM's Cruise autonomous car division after testing the technology as a delivery service. The retail giant said the electric vehicles will help it reach a goal of becoming zero emissions by 2040.

Production has been stalled at General Motors' Kansas City, Kansas, factory for over two months and workers have been temporarily laid off since early February.

CarMax has teamed up with Dunkin' to offer $10 gift cards to customers who take one of its cars for a 24-hour test drive. The used car retailer is also allowing purchased cars to be returned for a full refund within 30 days.

The company's website touts that Tesla Insurance undercuts competitors, offering "up to 20% lower rates, and in some cases, as much as 30%."

The U.S. government’s highway safety agency is investigating complaints that the air bags may not inflate in a crash on thousands of General Motors vehicles.

The Ford Mustang has claimed the title of best-selling sports car for the second straight year based on data from IHS Markit. The two-door has also been the best-selling sports coupe for six years.

Rolls-Royce's first-quarter sales set an all-time record for the luxury brand with 1,380 global deliveries. The automaker said sales of its Ghost sedan and Cullinan SUV were particularly strong.

The seemingly unprompted comments came just days after the electric car manufacturer delivered nearly 185,000 electric vehicles in the first quarter despite a shortage of computer chips that hit the global auto industry, including Tesla.

The Department of Transportation has sent a letter to congressional staff that said President Biden's proposed infrastructure plan includes $100 billion in new credits for electric vehicle purchases.