In Tesla Autopilot probe, U.S. prosecutors focus on securities, wire fraud

8May 2024

In Tesla Autopilot probe, U.S. prosecutors focus on securities, wire fraud

U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and...

8May 2024

Earnings at Continental, Vitesco slump in Q1, mirroring broader auto declines

Continental swung to a loss amid delays in new programs, lower production volumes in Europe,...

8May 2024

Bentley unwraps V-8 hybrid powertrain

Bentley’s shift away from its iconic W-12 engine will not result in a loss of...

8May 2024

New GM Envolve business grows desirable fleet sales

GM is seeing significant growth in sales of vehicles and accompanying services by creating a...

8May 2024

Russia to start production of Putin’s limousine at a former Toyota plant

The Aurus Senat, retro-styled after a Soviet-era ZIL limousine, is the official Russian presidential car...

8May 2024

Daimler Truck unveils its first autonomous, battery electric eCascadia

Daimler Truck North America executives showcased the company’s new autonomous and battery-electric demonstration vehicle Wednesday,...

8May 2024

Toyota CEO Sato leads automaker to record profit, sales, production

Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the...

8May 2024

North America, Europe must close EV battery supply chain gaps to compete with China, McKinsey says

Developing regional supply chains is critical to lowering the cost of electric vehicles....

8May 2024

Bentley builds out Mulliner Coachbuilt portfolio with Batur convertible

Bentley will build just 16 examples of the exclusive convertible....

8May 2024

Toyota CEO Sato leads automaker to record profit, sales, production

Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the...

8May 2024

Despite Elon Musk’s criticisms, Tesla might use lidar sensors after all

Tesla is buying lidar sensors, according to Luminar Technologies, a development that marks an 180-degree...

8May 2024

BMW sees costs, low used car prices weighing on 2024 pre-tax profit

Quarterly pre-tax profit fell 18.9 percent to 4.1 billion euros ($4.40 billion)....

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