Amazon, Google and others make strides toward meeting White House EV goals
The White House announced the first set of public and private commitments from companies including Amazon, Google and Wells Fargo to support America’s historic transition to electric vehicles (EV) under the EV Acceleration Challenge.
Auto auction company Copart has some 'significant tailwinds': Kirk McDonald
Argent Capital Management Portfolio Manager Kirk McDonald provides an outlook on online auto auction company Copart and discusses the performance of its shares.
Ford investing in $4.5B Indonesia nickel plant to supply Kentucky-built batteries
Ford is investing in a $4.5 billion nickel processing plant being built in Indonesia to secure mixed hydroxide precipitate for its upcoming electric vehicle batteries.
New Lyft CEO David Risher reveals his plan to win back ridership from Uber
Lyft incoming CEO David Risher discusses the changes he will make to turn the company's stock around on 'The Claman Countdown.'
Tesla shares rise on delivery forecast
Tesla will report their latest quarterly deliveries on Sunday. Barclays Senior Autos Analyst Dan Levy expects the electric vehicle maker to exceed the 420,000-unit consensus forecast.
Honda recalls 330K vehicles with side-view mirrors at risk of falling off
Honda has issued a recall on over 330,000 vehicles due to a manufacturing error that can result in the rearview mirror falling out of place and compromising visibility.
Lyft founders to step down, former Amazon exec named new CEO
Lyft's co-founders are transitioning away from their leadership positions later this year and the company announced David Risher, a former Amazon executive, would become CEO.
NHTSA investigating Tesla Model X seat belt failures
The NHTSA is investigating complaints about Tesla Model X seatbelts that are not properly secured at the factory and can separate from their anchors.
Challenger wins UAW labor union presidency, vows reforms
The 'Big Three' Detroit automakers will review their labor contracts up in September and the United Auto Workers have elected a new president ahead of schedule.
Bond market is saying the economy is 'gonna slow': Ben Levisohn
'Barron's Roundtable' panel of Ben Levisohn, Carleton English and Andrew Bary discuss the stock market's performance following the Federal Reserve meeting, Nvidia shares and Ford's EV sales performance.
Biden touts tax credits for Canadian-assembled electric vehicles during Ottawa visit
President Biden lauded the Inflation Reduction Act for offering U.S. tax credits on Canadian-assembled electric vehicles during a speech at the Canadian Parliament in Ottawa Friday.
Ford's Model e business will turn a profit faster than Tesla: CEO Jim Farley
Ford CEO Jim Farley discusses the automaker's EV ambitions forecasting profitability for its Model e segment by 2026 on 'The Claman Countdown.'
Ford CEO reveals EV reality: America 'cannot continue to import' batteries, earth minerals
Ford CEO Jim Farley claimed the all-American automaker would be willing to invest in domestic mining and rare earth mineral production to help EV battery supply.
Hyundai and Kia to recall more than half million vehicles over fire concern
Hyundai and Kia are recalling more than 500k vehicles over concerns that a tow hitch harness could catch fire, regardless of if the car is parked or being driven.
Hyundai, Kia warn 570,000 US owners to park outside until recalls completed
Hyundai and Kia are asking customers to leave these models on the street until repairs can be made. The recall includes over 570,000 cars within the US.
Milwaukee becomes latest city to sue Kia, Hyundai over rampant thefts
Milwaukee becomes the latest city to announce a lawsuit against South Korean automakers Kia and Hyundai over rash of vehicle thefts, resulting in higher costs of fighting crime.
Drivers with poor credit scores can pay up to 60% more for car insurance
Auto insurance costs can be significantly larger for those with poor credit scores, studies show. Here’s how to raise your credit score.
Ford to lose $3B on EV 'startup' in 2023, turn profit on traditional vehicles
Ford expects its electric vehicle division to post a $3 billion loss in 2023 as it ramps up production, while its conventional vehicle operations are expected to turn a profit.
Household bills cost Americans 42% of their salary: survey
U.S. households spend $3.87 trillion annually on household bills, according to doxo’s 2023 U.S Bill Pay Market Size & Category Breakout Report.
Dodge unveils nearly $100K Challenger, the brand's most powerful car ever
Fox News Digital automotive editor Gary Gastelu says it 'takes skill' to drive the 2023 Dodge 'Challenger SRT Demon 170.'