Cars

Electric truck startup Rivian has closed a $2.65 billion funding round that reportedly values the company at $27.6 billion.

Microsoft is investing in GM's Cruise autonomous car company, which will use the Azure cloud computing platform. Cruise is developing self-driving cars and a ride-hailing service to deploy them with.

General Motors is investing $800 million to convert its CAMI Assembly plant in Ontario to build electric vans for its new BrightDrop brand.

The newly formed auto maker, called Stellantis, to start trading Monday in Europe and Tuesday in New York.

NHTSA has updated its motor vehicle standards to better accomodate autonomous vehicles that don't have manual controls or passenger seats.

NHTSA has sent a letter to Tesla asking it to recall 158,000 cars to fix a faulty touchscreen display that may disable several safety features.

Apple held talks last year with electric van startup Canoo, a new report says. The companies were discussing a possible tie-up to build an electric Apple car.

General Motors outlined its massive planned transformation into an electric automaker powered by autonomous technology during a virtual 2021 CES presentation.

GM announced the creation of the BrightDrop electric delivery van and ecosystem, which is launching this year with the EV600 van and EP1 electric pallet.

Porsche sold 20,015 Taycan electric sports sedans globally in 2020. The model outsold the Panamera in the U.S.

A South Korean news outlet is reporting that Hyundai and Apple are teaming up on an autonomous electric car that will be built in the United States.

The North American International Auto Show scheduled for September has been canceled due to the ongoing coronavirus pandemic.

NHTSA has found no evidence of a technical defect that could cause sudden unintended acceleration in Tesla vehicles.

GM is redesigning its logo for only the fifth time ahead of its upcoming electric car push.

Jeep is adding its first three-row models in over a decade with the Grand Cherokee L and Wagoneer.

The Ford F-Series and Toyota Rav4 held on to their spots as the USA's best-selling truck and passenger car.

French tire maker Michelin said on Wednesday it would cut up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, adding this would involve neither layoffs nor plant closures.

General Motors will promote 650 hourly workers in the U.S. to full-time jobs this month, the company announced Monday.

Fiat Chrysler sales dropped 17 percent in 2020 due largely to issues caused by the coronavirus pandemic.

Magna CEO Swamy Kotagiri believes the way cars are designed, built and driven will transform in the coming decades.