Automotive

Ford reports higher US auto sales amid strong demand

Ford reported increased US quarterly sales Wednesday, reflecting strong demand despite higher interest rates in an auto market that has yet to see significant effects from a labor strike.

Automotive

US auto sales remain slow in third quarter

Automakers saw lackluster US sales in the third quarter, as manufacturers continued to grapple with supply constraints, according to reports from the companies Monday.

Automotive

Tesla's market value tops $1T after Hertz orders 100K cars

Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology.

Energy & Green Tech

Biden's auto dilemma: How hard to push for electric cars?

After four years of bitter fighting, California and the federal government agree they need to set ambitious climate goals, and major automakers are increasingly betting that the future of their business lies with electric ...

Automotive

Difficult 2020 ends on an improving note for US carmakers

General Motors and Toyota reported strong US sales at the end of 2020 on Tuesday, reflecting surprisingly robust consumer demand that mitigated the sales drop for the full year in the wake of COVID-19.

Business

Tesla to join elite S&P index, shaking up Wall Street

Tesla is set to join an elite group of companies in a key Wall Street index, a move which gives greater prominence to the high-flying electric carmaker and forces money managers to reshuffle their portfolios.

Automotive

Tesla to export cars made in China to Europe

Tesla will this month begin exporting cars to Europe that are made at its new factory in Shanghai, the fast-growing US electric carmaker has announced.

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