The board of directors says an IPO will not be practicable this year.
BMW announced that anyone who buys an electric car qualify for a 10 percent discount and will get a deal to assist home solar panel installations.
As Chinese demand for cars increased, Toyota, Honda and Nissan missed the party, crashing its combined shares of the China market. The FT reports.
Tesla's Model S, the focus of a Federal investigation, has topped the latest owner satisfaction survey from Consumer Reports.
The Tesla CEO took to Twitter in his latest public defense of the safety of the Model S battery system.
Cadillac's ELR and Tesla's Model S will be competing in the rarefied air of models selling for more than $75,000.
Asian shares fell on Tuesday following a negative lead from Wall Street and caution over when the Federal Reserve might reduce its stimulus program.
Lincoln has unveiled the new MKC small SUV, at a time when "small utility vehicles" have become the hottest selling models in the luxury auto market.
The automaker is betting a new, world-class assembly plant in Mexico will position the Japanese automaker for a new wave of growth.
This city of 1 million people is ground zero for Nissan's expansion plans in North and South America.
James Chao, Director, Asia Pacific at IHS Automotive Consulting, talks about the current state of Japanese automakers, and says Toyota's fundamentals are pretty positive.
Despite beating the street by a penny and reporting earnings that were above estimates, Tesla shares were slammed in after-hours trading.
As Tesla shares soared, so did chatter of the electric car company reporting third-quarter earnings that might top initial estimates.
Asian stocks tracked their U.S. peers lower on Thursday following a slightly less dovish than expected tone from the Federal Reserve.
Asian equities rose on Wednesday, taking their cue from a record finish on Wall Street ahead of a monetary-policy decision from the Federal Reserve.
Honda Motor second-quarter net profit rose 46 percent, after strong car sales in the United States, and motorbike sales in India and Thailand.
Asian stocks widened their pace of losses on Tuesday following a mixed batch of earnings and ahead of the Federal Reserve's policy-setting meeting.
Consumer Reports told America to put the brakes on buying some of the most popular cars built by Japanese automakers, including the Toyota Camry and the Honda Accord.
Consumer Reports' latest reliability survey showed an improvement at Audi, while three Toyota models were dropped from the recommended list.
Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?