Sergio Marchionne, the maverick auto executive who created and oversaw nearly a decade of growth at Fiat Chrysler, has been replaced as CEO of the automaker amid ongoing health struggles. » Read More
By: Robert Ferris
Genesis vehicles have been widely praised, but dealer troubles and a lack of awareness are big challenges. » Read More
By: Tristan Navera
Actor Mark Wahlberg has dabbled in everything from burgers to bottled water. Now he's buying a Chevy dealership in Ohio, Columbus Business First reports. » Read More
By: Phil LeBeau
Waymo, the Google subsidiary testing self-driving technology on public roads, is picking up speed. The company’s autonomous vehicles just drove 8 million miles on public roads. » Read More
J.P. Morgan reaffirms its underweight rating for Tesla shares, saying other automakers may price their electric cars aggressively.
Tesla will have its first public showing of its $35,000 "more affordable" family sedan in at the company's University City showroom Friday, the St. Louis Business Journal reports.
The ongoing Washington and Beijing trade war, could push automobile companies to produce more in China, the CEO and founder of Shanghai-based consultancy Automobility told CNBC on Thursday.
Elon Musk’s war against the media has escalated over the past few months. And it's making some investors nervous.
Automakers, testifying at the first of a two-day hearing being held by the U.S. Commerce Department, warned against the Trump administration's proposal to hike tariffs on car imports from the EU.
The Commerce Department is holding two days of hearings on whether the U.S. should raise tariffs on vehicles built in Europe and sold in the U.S. The U.S. currently has a $32 billion auto trade deficit with Europe, meaning Americans buy $32 billion more in European cars than U.S. automakers sell back to consumers in the EU. Automakers such as BMW and Mercedes also built vehicles in U.S. factories, especially popular crossovers and SUVs. Reports have recently surfaced that the EU is prepared to lower tariffs
Tesla shares fell on Thursday after Needham & Co downgraded the stock to sell from hold, citing a possible pick-up in Model 3 cancellations.
U.S. Commerce Secretary Wilbur Ross says the Trump administration has seen positive developments in trade talks with Mexico.
Stores that sell car batteries, mufflers and other parts are facing new pressure since Amazon started selling auto parts online last year. Big retailers like Walmart have also jumped into the fray, in part, to compete against Amazon. So far, auto parts retailers have been spared from sharing the same fate as Barnes & Noble, Toys R Us and so many other companies rendered redundant by Amazon.
Chanos also denies Musk allegations about sharing insider information and paying journalists.
Greenhaven Associates' Edgar Wachenheim III believes that shares of Citigroup are set to double.
There has been a surge in accidents tied to drugged driving in the past decade and yet there's no legal test or set penalties for driving while drugged, The Hill reports. That may change soon.
Tesla's stock took a beating Monday on the heels of a quickly-deleted tweet from Musk attacking a Thai rescue diver.
Mattress King Michael Fux received delivery of the very first McLaren Senna at his home in Manhattan on Tuesday. The luxury car cost $1.3 million.
U.S. President Donald Trump and European Commission President Jean-Claude Junker will meet next week to discuss a possible reduction of auto tariffs for several key trade partners, Bloomberg News reported Tuesday.
Spelunker Vernon Unsworth is considering legal action against Elon Musk after the Tesla CEO made the baseless claim that he was a paedophile.