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Bloated EV inventory fuels 5-figure discounts. Will more buyers emerge?

Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox...

New Citroen C3 Aircross takes on low-cost small SUVs from Dacia, MG with 7-seat option

The seven-seat version of the C3 Aircross is a first in its segment in Europe,...

Tata to make Jaguar Land Rover cars at new $1B plant in India, report says

Tata Motors has announced plans to invest in a new plant in Tamil Nadu in...

Musk apologizes for ‘incorrectly low’ Tesla severance packages

Tesla has announced it will slash its global headcount by more than 10 percent as...

2025 Toyota Camry, now hybrid-only, to close mpg gap with Prius; it’s priced $455 below ’24 hybrid

Toyota’s reengineered 2025 Camry features an exclusive hybrid powertrain with fuel economy estimated at 53...

Bosch flags further cost cuts after giving ‘subdued’ outlook for 2024

Bosch said cuts were necessary to make sure it remains competitive in an environment where...

Ford Mustang Experience Center celebrates pony car fans

The Charlotte, N.C., event space is the latest effort by Ford to create unique experiences...

Bosch flags further cost cuts after giving ‘subdued’ outlook for 2024

Bosch said cuts were necessary to make sure it remains competitive in an environment where...

Musk apologizes for ‘incorrectly low’ Tesla severance packages

Tesla has announced it will slash its global headcount by more than 10 percent as...

Tesla says 300 subcontracted workers let go in Germany

The job losses in Germany come amid a drive by the company to slim down...

Tesla asks investors to approve Musk’s $56B pay again

Tesla asks investors to approve Musk’s $56 billion pay again; it’s the same compensation package...

Europe sales drop in March as EV weakness persists

Registrations dropped 2.8 percent to 1.38 million last month as automakers face pressure amid higher...

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