The average price of a new car or truck sold in the U.S. in April was 2.6% higher than in the month a year ago, USA Today reports.» Read More
The Alliance of Automobile Manufacturers and Tesla have petitioned to permit manufacturers to replace mirrors with digital cameras.
Asian shares were mostly higher on Monday as traders closed out of positions before the end of the quarter.
U.S. regulators said they closed an investigation into fires involving Tesla Motors' popular Model S sedans after finding no "defect trend."
GM has told its dealers to stop selling Chevrolet Cruze small cars equipped with 1.4-liter turbo diesel engines, but gave no reason for the decision.
Asian stocks were mixed on Thursday as investors fretted about tougher sanctions against Russia.
Asian equities were mostly higher on Wednesday, rebounding after the previous day's losses, on hopes of fresh stimulus measures in Europe and China.
Critics are questioning why the National Highway Traffic Safety Administration let GM sidestep a recall for the ignition switch issues.
Honda is recalling nearly 900,000 Odyssey minivans that could catch fire, say safety regulators
Some of Tuesday's midday movers:
Asian stocks overcame an uninspiring handover the U.S. to trade higher on Tuesday after posting steep declines in the previous session.
Asian shares were a lackluster sight on Monday, with major indexes across the region registering steep declines.
Asian shares mostly saw subdued trade on Thursday, ahead of Friday's U.S. nonfarm payrolls report.
Asian equities were a mixed sight of red and green on Friday, despite overnight gains on Wall Street and as investors digested a raft of Japanese economic data.
Tesla may be locating a massive Gigafactory in Texas for producing lithium-ion batteries and electric storage applications.
The program, known as the Lightweight and Modern Metals Manufacturing Innovation (LM3I) Institute, could translate into more fuel-efficient cars and aircraft.
After a most choppy session, Asian stocks closed lower on the first trading day of the week.
Once Honda's final assembly plant is up and running, Mexico will drive past Japan to become the second-largest car exporter to the U.S.
Asian equities were mostly lower on Thursday after preliminary data showed that Chinese manufacturing activity slowed to a 7-month low in February.
Prominent researchers are raising new doubts about the supposed environmental benefits of natural gas.
Japan's Nikkei fell on Wednesday while other Asian shares were cautious before the release of minutes from the Federal Reserve's latest meeting.