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2 mins read

General Motors is using Costco to help it sell more EVs

General Motors partners with Costco to sell EVs through its Auto Program, which offers members disc…

Tom Carter   


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Ford tapped the brakes on EVs and bet on hybrids. It's paying off.

Ford announced in its earnings on Wednesday that hybrid sales rose 36% in the first quarter of 2024.

Tom Carter   


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1 min read

Ford's BlueCruise is the latest driver-assistance system under investigation after 2 fatal crashes

The National Highway Traffic Safety Administration has opened an investigation into Ford's BlueCrui…

Erin Snodgrass   


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Hybrid cars now have 'very few compromises' says Ford executive — and sales are booming

Hybrids are set to take a bigger share of the new car market than EVs this year as more buyers ques…

George Glover   


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Global automakers scale back electric vehicles, turn towards hybrids

Global electrification, previously driven by strong electric vehicle sales, is now showing signs of…

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Tata Motors to commence EV production at Sanand plant from April

The company has already commenced production of internal combustion engine-powered versions of…

PTI   


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A Vietnamese electric carmaker is now worth $85 billion - almost as much as Ford and General Motors combined

Shares in VinFast soared more 250% in a Spac-led debut Tuesday, leaving founder Pham Nhat Vuong wor…

Joseph Wilkins   


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4 mins read

Elon Musk is shaping up to be this generation's Henry Ford – for better or worse

Tesla CEO Elon Musk and Ford founder Henry Ford have forged similar paths, with legacies of industr…

Nora Naughton,Grace Kay   


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1 min read

Tesla's stock extends rally after General Motors joined Ford in adopting the EV leader's charging tech

Tesla's stock has extended gains following General Motors' decision to adopt the EV leader's chargi…

Zinya Salfiti   


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UAW reaches tentative agreement with Ford to end strike

The tentative agreement still needs to be approved by union leaders and ratified by union-represent…

Huileng Tan,Graham Rapier,Nora Naughton   


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1 min read

General Motors stock surges 10% as the automaker announces $10 billion share buyback

The automaker also said it will increase its common stock dividend by 33%

Phil Rosen   


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2 mins read

Hyundai Motor breaks ground on EV plant with 200,000 annual capacity

Hyundai Motor held a groundbreaking ceremony on Monday for a dedicated electrical vehicle (EV) manu…

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3 mins read

Ford says Tesla is 'loving this strike' as it pleads for a deal with the UAW

Analysts at JPMorgan estimate the strike is costing Ford some $44 million per day, more than double…

Nora Naughton   


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China doesn’t want US cars like Ford and General Motors. That’s a big problem for their futures.

In today's edition: Using AI to generate headshots, Mark Zuckerberg's grilling session, and more he…

Diamond Naga Siu   


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Tata Motors acquires Ford’s manufacturing plant in Gujarat for ₹726 crore

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors, on Monday announced …

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It's official: Auto workers at Ford, GM, and Stellantis are on strike

The UAW labor union did not reach an agreement with the Detroit 3 before its deadline.

Alexa St. John,Nora Naughton,Huileng Tan   


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3 mins read

I'm Ford's head of sustainability, and COP28 showed me 2 ways companies can advance the green transition

Despite the challenges ahead, I believe that plans announced at COP28 suggest 1.5 degrees Celsius i…

Cynthia Williams   


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1 min read

Ford confirms that it's laying off 3,000 people in US and India: report

The US-based car maker Ford Motor has reportedly confirmed that it is laying off roughly 3,000 empl…

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About 2,000 Ford workers in Chennai who lost jobs await news on severance packages

Since Monday workers have been on a sit-in and sit-out protest at the Ford India's plant. On Tuesda…

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3 mins read

Ford's UAW deal proves workers can sometimes get what they want – and bosses should be worried

GM and Stellantis are in talks with the UAW after it secured pay rises for workers at Ford. The dea…

Pete Syme