Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Nio on Tuesday reported narrowing losses in the third quarter, but gave a revenue forecast below market expectations. Here’s how Nio did in the third quarter, according … Read more
Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023. Tolga Akmen | Bloomberg | Getty Images Tesla faces a growing revolt in Scandinavia after Danish dockworkers joined a sympathy strike with Swedish … Read more
DETROIT – General Motors has cut the size of its Buick dealership network roughly in half in the U.S. through an ongoing voluntary buyout program, an executive told CNBC. The 1,000-store reduction aims to increase the amount of sales per location, or throughput, and profits at the remaining dealers, according to Duncan Aldred, global head … Read more
C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk takes the stage during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images Tesla is hiring a Nordic public policy expert as the U.S. electric vehicle giant’s bitter dispute with … Read more
A Tesla Model Y is seen on a Tesla car lot on May 31, 2023 in Austin, Texas. Tesla’s Model Y has become the world’s best selling car in the first quarter of 2023. Brandon Bell | Getty Images Shreyansh Jain was ecstatic in March when he picked up his first electric vehicle, a brand-new … Read more
Tesla is recalling more than 120,000 vehicles over doors that fail to comply with U.S. government regulations. In a letter posted on the National Highway Traffic Safety Administration’s website Thursday, Tesla acknowledged the affected doors can be unlocked during a crash, which could cause the door to unlatch and open, increasing the risk of injury. Affected vehicles … Read more
New Kia cars are displayed on the sales lot at San Leandro Kia on May 30, 2023 in San Leandro, California. Justin Sullivan | Getty Images DETROIT – Sales of new vehicles in the U.S. are expected to increase slightly next year, as the automotive industry continues to normalize from the coronavirus pandemic and other … Read more
Views of the Cumbrian countryside from Tebay Services on the M6 freeway in the U.K. Westmorland Family When John and Barbara Dunning were informed that a freeway would be built through their farm in a remote part of the U.K., they saw an opportunity. They built a rest stop with a difference. The freeway (known … Read more
A Honda sign outside of a dealership on November 27, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Honda is recalling more than 2.5 million vehicles over potentially faulty fuel pumps. In documents posted on the National Highway Transportation Safety Administration’s website, Honda said affected models include 2018 through 2020 editions … Read more
Tesla Model Y, equipped with FSD system. Three front facing cameras under windshield near rear view mirror. Mark Leong | The Washington Post | Getty Images Tesla drivers in the U.S. were involved in accidents at a higher rate than drivers of any other brand of vehicle over the past year, according to a new … Read more
