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SUVs may have taken over America, but high prices and oversaturation are pushing some customers — and automakers — back to sedans.
The departure was announced alongside Ford detailing a new restructuring that includes the establishment of a "Product Creation and Industrialization" unit.
UBS analysts changed their previously bearish rating on shares of Tesla this week.
Wayve now has major semiconductor names, including Nvidia, as shareholders as it looks to sell its technology to automakers who may be using different chips.
Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive.
With the amount financed reaching an all-time high, more car buyers are stretching out their loans to at least seven years to afford the monthly payments.
The automaker has plans to grow sales in the U.S. by roughly 30% to 35%, as well as a target to achieve breakeven this year, executives exclusively told CNBC.
Musk's xAI, now owned by SpaceX, faces a legal challenge from environmental groups opposed to a massive power plant in Mississippi.
Kia plans to release a pickup truck for American consumers in the coming years, as the South Korean automaker plots continued growth globally.
BYD announced Wednesday a partnership with KFC China to develop a network of "nine-minute" drive-thrus across the mainland.
The Chrysler Pacifica — the brand's last standing model — is expected to grow in sales, according to Chrysler and Dodge CEO Matt McAlear.
Used car prices rise to highest point since summer 2023
The transition from wheels to weapons is achievable in part because many of the underlying skills are highly transferable, according to experts.
Tesla is coming off a year of declining deliveries due in part to increased competition from rivals in China offering lower-cost models.
Stellantis-backed Leapmotor delivered 110,155 new energy vehicles in the first three months of 2026, exceeding 100,000 deliveries for a fourth-straight quarter.
Various car selling platforms have reported a sharp increase in consumer interest for EVs since the Middle East crisis began.
Elon Musk's SpaceX is reportedly targeting a valuation of around $1.75 trillion in its forthcoming IPO.
Xpeng's deal to make software, hardware and even vehicles with VW Group in China shows that Chinese firms are now making the high-value components.
Baidu's Apollo Go robotaxis stopped mid-traffic in a Chinese city on Tuesday, leading to at least one highway collision, according to social media.
Mercedes is investing $4 billion in its Alabama plant through 2030 in a push to increase production as the automaker targets a 28% rise in U.S. car sales.
Kathaleen McCormick, a judge in Delaware's Court of Chancery, is reassigning cases involving Elon Musk to other judges in the state's business court.
Infiniti is releasing a new midsize SUV, the QX65, in an effort to turn around sales in the U.S. market.
A new survey by Vanderbilt University found that most Nashville residents don't want Boring Company tunnels in their city.
The Tesla and SpaceX CEO is calling for a judge to recuse herself in two shareholder lawsuits that are winding their way through Delaware's courts.
It marks the latest expansion for Amazon's Zoox self-driving unit, which opened rides to the public in some parts of Las Vegas and San Francisco last year.
Former GM executive CEO Pamela Fletcher told CNBC "the faster path, and frankly, a big need, is out there in this defense space."
Toyota on Monday announced $1 billion in investments in two U.S. plants as part of a plan to invest up to $10 billion domestically over the next five years.
Nissan plans to introduce a new type of hybrid for the U.S. market that drives like an all-electric vehicle but is powered by a traditional gas-powered engine.
The investigation involves Model S, X, 3, Y and Cybertruck EVs that can use the company's FSD-branded driver assistance systems.
Uber plans to invest up to $1.25 billion in Rivian as part of a deal to deploy up to 50,000 robotaxis in several countries through 2031.