Tesla cuts Model Y prices in US to boost sales as competition from China heats up
Tesla announced temporary prices cuts for certain Model Y variants sold in the U.S. through the end of February as the EV giant looks to boost sales in a challenging market.
Ford's profits getting eaten up by EVs
Ford's profit margins took a hit due to losses in the electric vehicle segment, and the company is refining its plans for producing next-gen EVs to better meet market demand.
Airline says Boeing is in 'last chance saloon,' cites ‘progressive decline’ in manufacturing
An executive for UAE-based Emirates airline warned that Boeing must restore confidence in the safety of its aircraft and manufacturing processes after a 737 Max 9 lost its door plug.
Ford unveils redesigned 2025 Explorer featuring new digital experience
Ford unveiled the new and redesigned 2025 Explorer, which will be the company's first vehicle featuring the Ford Digital Experience, which boosts customers' connectivity.
Manufacturers sound alarm on Biden's energy policies ahead of Iowa caucuses: Consumers will pay more
Iowa Spring CEO Tim Bianco and employee Nate Setchell detail their economic fears and concerns over another four years under President Biden's leadership.
Toyota subsidiary shuts down production after admitting to decades of safety test 'irregularities'
Toyota bought a majority share in Daihatsu in 1967 and expanded that to a controlling interest in 1998 after the company failed to make an impact in the North American market.
Boeing, FAA urge operators to inspect 737 MAX jets for loose bolt
Boeing and the Federal Aviation Administration are calling for airlines operating the 737 MAX to inspect the aircraft for a possible loose bolt in the jet's rudder control system.
Ford celebrates historic milestone for F-Series trucks
Ford announced historic milestones for its F-Series pickup trucks, marking 47 consecutive years with the best-selling truck and 42 years with the best-selling vehicle in America.
Tesla planning to roll out updated Model Y from China plant: report
Tesla is reportedly planning to produce an updated version of its popular Model Y SUV and is prepping its factory in Shanghai.
Tesla Cybertruck deliveries begin after long delays
Elon Musk on Thursday unveiled Tesla's Cybertruck as the company begins deliveries of the futuristic-looking electric pickup that has faced a series of delays since its 2019 announcement.
UAW workers at Ford and Stellantis ratify new labor contracts
Members of the United Auto Workers union voted to ratify new labor contracts with Ford and Stellantis that will boost wages and benefits while running through April 2028.
Elon Musk to visit India this week as fastest-growing economy seeks Tesla deal
Elon Musk tried to enter the Indian market in 2021 but pushed for a decrease in import taxes on electric vehicles, which the government initially resisted but now looks to implement.
EVs create profit potholes for major US automakers GM, Ford
The electric vehicle push by Ford and General Motors cut into both companies' profit margins which has the automakers revising some of their EV plans to rein in costs.
UAW to start ratification process for Ford contract as GM talks continue
The United Auto Workers union is starting its internal ratification process for its tentative deal with Ford while the union expands its strike against GM, citing a lack of progress.
Federal regulations cost small manufacturers $50K per employee
A report by the National Association of Manufacturers found that the annual regulatory cost per employee for manufacturers is more than double the economy-wide average.
Boeing slashing 737 deliveries on quality issue
Boeing said it is reducing deliveries of its popular 737 Max jet this year after spotting a quality issue involving the aircraft’s pressure bulkhead. Still, the planes remain cleared to fly.
GM losing $200M a week on UAW strike
General Motors pulled its profit and EV guidance for 2023 as costs related to the UAW strike now reach $200 million every week, the automaker confirmed.
Rolls-Royce cutting up to 2,500 jobs to improve efficiency
Rolls-Royce is reducing its global staff by 2,000 to 2,500 employees to create a more agile business, the company, which employs 6,000 Americans, said Tuesday.
Elon Musk wants to ‘temper expectations’ on Tesla Cybertruck; thinks it’s ‘our best product ever’
Tesla CEO Elon Musk said that he wants to temper expectations about the EV-maker's Cybertruck because it will take time to scale production at volume while considering cash flow.
Tesla to recall nearly 55,000 Model X vehicles over brake fluid detection issue
NHTSA said Tesla will recall 54,676 Model X vehicles made between 2021 and 2023 due to the vehicle controller failing to detect low brake fluid and not displaying a warning light.