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Tesla retreats from next-generation ‘gigacasting’ manufacturing process

Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing...

Goldman in talks with Barclays on GM Credit Card deal, WSJ Says

Goldman Sachs Group Inc. is in discussions to transfer its General Motors Co. credit-card business...

Porsche study concludes aluminum could reduce Taycan weight, increase manufacturing simplicity

The study by Alumobility found switching the electric Taycan’s top hat structure to all-aluminum could...

Possible clues emerge on Amazon’s mystery plan for Zoox robotaxis

Developments in the Amazon empire may hint at tech giant’s strategy for its Zoox robotaxi...

Credit Acceptance Q1 net income down 35%; loan volume grows

Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during...

Tesla Supercharger growth to slow, CEO Elon Musk says, after mass layoffs

“Tesla still plans to grow the Supercharger network, just at a slower pace for new...

Western brands launch fightback at Beijing show

VW. GM, Toyota and Nissan were among Western brands that brought eye-catching new metal to...

Aston Martin Q1 sales slump ahead of new model ramp up

Aston Martin is scheduled to start deliveries of its V-12 flagship sports car that will...

Hyundai, Kia sales slip in April

U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less...

Toyota establishes North American hydrogen business headquarters in Los Angeles

The H2HQ facility will do R&D, commercialization and sales for hydrogen fuel cell products....

Ford launches AI-powered dealership training platform

The automaker is rolling out Ford University, a digital platform that utilizes AI to train...

Polestar delays SEC filing, says it needs to review ‘certain errors’ in previous financial statements

Polestar said it believes the historical errors are expected to “positively impact net loss by...

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