Tesla posted a slew of records for third quarter, including reporting its highest-ever net income, operating and gross profit, as well as vehicle production and deliveries.
Experts say the car shortage currently plaguing the United States and other countries could get much worse due to a magnesium shortage in China and across the globe.
An updated prototype of the Tesla Cybertruck has been spotted with new features, including windshield wipers and sideview mirrors, showing development of the vehicle is ongoing despite its production delay.
Production of the Ford Mustang Mach-E has kicked off in China where the automaker is building it for local consumption. This is the first time that a product with the Mustang name has been built in the country.
The Porsche Taycan has outsold the Tesla Model S/X through the first three quarters of 2021. The German brand's first electric car has also outsold its iconic 911 sports car.
Tesla has removed pricing for its upcoming Cybertruck from the vehicle's website but is still taking reservations for the electric pickup. The website previously listed a $39,900 version of the truck.
The average transaction price for a new vehicle hit a record $45,031 in September, according to Kelly Blue Book. A focus on SUVs and pickups is behind the increase.
Enterprise was named the top brand in J.D. Power's 2021 North American Rental Car Satisfaction Survey.
Volvo has unveiled its first 'fossil-free' vehicle, which uses steel manufactured without coal. The mining truck is expected to go into production next year.
LG Electronics has agreed to pick up most of the tab for GM's recall of over 140,000 Chevrolet Bolt electric vehicles. A manufacturing defect has been linked to several vehicle fires.
Tesla will sell a Gigabier beer at its new factory in Germany. Elon Musk unveiled the Cybertruck-inspired bottle at an event held at the facility.
Hyundai and Ford have launched new compact pickups that will test the water for a new segment in pickup-mad America. The Santa Cruz and Maverick have proven to be a hit so far.
Elon Musk said he'd like to put a Tesla factory on Mars, but it'll probably be 40 years before he does.
Advance Auto Parts Inc. and Agilent Technologies Inc. will see their tax rates increase by a fifth under the sweeping tax bill proposed by congressional Democrats, but for different reasons.
Jeep's North American boss Jim Morrison said he feels sorry for people who drive "fake SUVs" from other brands as the auto industry shifts away from cars toward utilities and trucks.
Tesla has increased the price of several Model 3 and Model Y vehicles by as much as $2,000. The Model 3 is now more expensive than the cheapest Cybertruck.
Inflation and shortages are pushing up car prices amid record-high demand. Here are ways to save money while shopping for a new car.
Elon Musk laughed at a suggestion that electric vehicle rival Rivan's plans to offer a $10,000 "autonomous" driving feature is a copy of Tesla's Full Self-Driving system.
Volvo is recalling nearly 260,000 older cars in the U.S. because the front driver’s air bag can explode and send shrapnel into the cabin.
GM is opening the Wallace Battery Cell Innovation Center to support research and development into EV battery tech. The facility will be located at the GM Global Technical Center in Warren, Michigan.