Biden admin releases EV guidance opening door for Chinese firms to cash in on taxpayer-funded subsidies
The Biden administration released highly-anticipated electric vehicle guidance opening the door for Chinese companies to take advantage of U.S. taxpayer credits.
Buttigieg has Thanksgiving message for 'extremist Republicans' before 'busiest travel days in US history'
Transportation Secretary Pete Buttigieg said "extremist Republicans in Congress" would be to blame for disruptions in air travel, arguing they're trying to slash vital funding.
US Postal Service records whopping $6.5 billion net loss for 2023
The United States Postal Service on Tuesday reported a $6.5 billion net loss for fiscal year 2023. The USPS said operating revenue fell $321 million to $78.2 billion compared to the same period last year, as first-class mail fell to the lowest volume since 1968.
Uber bets on holiday travel demand to forecast strong fourth quarter
San Francisco-based ride-hailing company Uber Technologies on Tuesday forecast fourth-quarter gross bookings and adjusted core profit above market expectations.
Harley-Davidson profit slumps on sluggish demand
Harley-Davidson posted a 24% dip in third-quarter profit as customers cut back on discretionary spending due to higher borrowing costs and inflationary pressures.
GOP lawmaker presses Buttigieg on 'frightening' close calls at airports nationwide
Ohio Republican Rep. Mike Carey called on Transportation Secretary Pete Buttigieg to explain why there have been more than 300 near-collisions at U.S. airports in 2023.
LARRY KUDLOW: This sets up a huge doom loop for the car business
FOX Business host Larry Kudlow explains the impact of the UAW strike on Friday's "Kudlow."
VW eyes job cuts at German plant on low e-car demand: report
Volkswagen is considering a staff reduction at its plant in the eastern German city of Zwickau due to low demand for electric vehicles, according to a report.
Frontier Airlines had the most involuntary flight 'bumping' from January to March
Frontier Airlines ranked as the U.S. carrier that involuntarily bumped the most passengers between January and March, according to a Department of Transportation report.
Ford announces F-150 production restart
Ford’s Rouge Electric Vehicle Center is up after a six-week break in production to expand and retool the plant for increased manufacturing capacity of the F-150 Lightning.
California agency investigating privacy policies of auto manufacturers
The California Privacy Protection Agency’s (CPPA) Enforcement Division is reviewing the data privacy practices of connected vehicle (CV) manufacturers and related CV technologies.
Holiday travel: Is now the time to book airline tickets?
Travel experts are suggesting people start planning for the 2023 winter holiday season now. Although, it's still not the best time to book airfare.
Gas prices may spike as much as 10 to 25 cents this week in some states
Temps are soaring across the nation, challenging refineries, while the price of oil is rising. The combination may result in higher prices in the middle of the summer travel season.
Lyft open to selling bike, scooter business
Lyft said Monday it might sell or find a strategic partner for its bikes and scooters unit as the ridesharing company races Uber for more share of the market.
Montana train derailment causes consumer product spill, no injuries
No one was injured by a train derailment in Montana on Friday afternoon, although consumer products were spilled. Eleven train cars were derailment near the Milk River.
Musk mulling more price cuts for Tesla models
Tesla CEO Elon Musk is considering lowering the cost of Tesla vehicles as the company puts an emphasis on sales over profits, in hopes the self-driving software will boost margins.
US safety regulator launches probe into fatal Tesla crash
The National Highway Traffic Safety Administration is opening an investigation into a deadly crash involving a 2018 Tesla Model 3 in California.
Ford cuts prices on F-150 Lightning truck
Ford is lowering the price of its F-150 Lightning as plant capacity picks up, the cost of raw materials for batteries falls, and internal efforts are employed to scale production.
Freight train derailment in Pennsylvania prompts evacuations of nearby residents, businesses
Officials in Whitemarsh Township, Pennsylvania, said there were no known hazards to the public after a freight train derailed and prompted evacuations.
Kia to invest $200M in Georgia EV plant
South Korean automaker Kia will spend $200 million on its West Point, Georgia, facility to begin production of an electric-powered SUV, the company said Wednesday.