Shares of General Motors Co. rallied Wednesday, after the automaker reported U.S. fourth-quarter and 2022 vehicle sales that rose from a year ago, as a big jump in electric vehicle sales provided a bo...
Tag: TM
Tesla’s $7,500 Discount Is Great for Buyers. Less So for Investors.
Tesla is upping the discount car buyers can get if they take delivery of a new electric vehicle by the end of the year. It’s great for car buyers. It’s a test for investors. Tesla ‘s U.S. website now ...
Toyota Changing EV Strategy in Bid to Catch Tesla: Report. It’s Way Behind.
Toyota Motor has been slow to develop all-battery electric models. Now it wants to pick up the pace, as it tries to keep pace with Tesla and other EV makers, and suppliers will be key to its efforts. ...
U.S. auto sales fall slightly in Q3, but GM is a bright spot
DETROIT — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in September. But there are warning signs consumers’ appetite for expensive new ca...
Ford and Rivian Recall Some EVs
Text size Rivian and Ford have recalled some of their EVs including the R1S, R1T and Mustang Mach Es. Courtesy of Rivian Ford Motor and Rivian Automotive recalled some electric vehicles. EV recalls ar...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
Caterpillar’s Headquarters Are Moving to Texas
Caterpillar has had a presence in Texas since the 1960s, according to the firm, but Illinois remains the largest concentration of Caterpillar employees. Dreamstime Text size Caterpillar is moving head...
Honda to introduce a new CR-V Hybrid this year, followed by the Accord Hybrid
Honda Motor Co. Ltd. HMC, -0.85% 7267, +0.67% said Thursday it will introduce a new CR-V Hybrid model this year, followed by a new Accord Hybrid, as part of its electrification strategy in North Ameri...
Toyota launches all-electric bZ4X SUV, starting at $42,000
Toyota Motor Corp. TM, -1.76% announced Tuesday the launch of its all-electric bZ4X SUV, starting at $42,000. The bZ4X line will have two grades, XLE and Limited, and will be offered in both front whe...
‘Auto makers are building more expensive vehicles’: Why you should not buy a new car in 2023
There are always good reasons for most people not to buy a new car. Such a purchase can set you back for years, as high monthly payments delay the buildup of savings and investments that will be neede...