Lucid reports Q2 net loss of $790 million; Saudi fund pledges additional $1.5 billion to EV startup

Lucid reports Q2 net loss of $790 million; Saudi fund pledges additional $1.5 billion to EV startup

Lucid delivered a record in the quarter and plans to launch a crossover this year....

Mercedes gets approval to test high-level self-driving in Beijing

The approval will let Mercedes start trials of its Level 4 self-driving capabilities on Beijing’s...

Toyota dealer donates van to paralyzed shooting victim

Toyota of Montgomery provided an accessible van to Amy Dicks, who was struck by a...

U.S. expected to propose barring Chinese software in autonomous vehicles

The Biden administration plans to issue a proposed rule that would bar Chinese software in...

Lucid reports Q2 net loss of $790 million; Saudi fund pledges additional $1.5 billion to the startup

Lucid delivered a record in the quarter and plans to launch a crossover this year....

Aurora raises nearly $500 million more for self-driving technology efforts

Self-driving technology companies continue to suck up cash with Aurora, Cruise and Waymo getting more...

2025 Ford Explorer: A refreshed interior

Ford looks to simplify its production process with a refreshed version of “the heart and...

Tropical Storm Debby brings heavy rain, wind to Florida, Southeast auto dealers

Debby made landfall in Florida as a Category 1 hurricane early Aug. 5. It’s expected...

EV delays, changing plans dim suppliers’ financial outlooks

Suppliers said automakers’ rapidly shifting electrification plans will weigh on their future earnings as they...

Audi and Costco Auto Program bring back new-vehicle incentives

Audi and Costco Auto Program brings back new-vehicle incentives with three incentives available: $1,000, $1,500...

GM’s Cruise aims to be ‘role model’ driver following its self-driving revamp

“Cruise is a different company today than it was last fall,” said Cruise Chief Safety...

Sonic Automotive Q2 net income jumps despite CDK outage

Sonic Automotive’s net income nearly doubled in the second quarter despite an outage related to...

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