Autos

Ford’s secret EV unit emerges from shadows, still bullish on new pickup amid market slowdown
Business

Ford’s secret EV unit emerges from shadows, still bullish on new pickup amid market slowdown

A Ford employee works inside a high voltage lab at Ford’s new Electric Vehicle Development Center in Long Beach, California. Courtesy Ford LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars in losses, Ford Motor continues to move forward with its next generation of EVs that […]

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Ferrari tops Wall Street’s first-quarter expectations ahead of EV debut
Business

Ferrari tops Wall Street’s first-quarter expectations ahead of EV debut

Ferrari technicians inspect supercars on the production line inside the company’s factory in Maranello, Italy, October 2, 2025. REUTERS/Remo Casilli/File Photo Remo Casilli | Reuters DETROIT — Ferrari on Tuesday beat Wall Street’s first-quarter earnings expectations and reconfirmed its guidance for the year, weeks ahead of the sports car maker revealing its first all-electric vehicle. […]

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BYD’s passenger EV sales drop for an eighth month as competition heats up
World

BYD’s passenger EV sales drop for an eighth month as competition heats up

NANJING, CHINA – APRIL 30, 2026 – Tourists visit the BYD exhibition area at the Auto Expo in Nanjing, Jiangsu Province, China on April 30, 2026. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images BYD‘s passenger vehicle sales fell for an eighth consecutive month in April, while […]

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How Chinese carmaker Geely put roots in the U.S.
Business

How Chinese carmaker Geely put roots in the U.S.

Politicians on both sides of the aisle want to block Chinese vehicles from the United States. But over 100 Chinese automakers, auto tech companies, and parts suppliers already have a presence in the U.S., according to a survey done by Dunne Insights, a consultancy that focuses on electric vehicles and autonomous markets. Despite the United States […]

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Trump says he’s raising EU auto tariffs to 25% without clarifying how
World

Trump says he’s raising EU auto tariffs to 25% without clarifying how

President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged […]

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Engine trouble ahead? How the Strait of Hormuz standoff threatens luxury auto giants
World

Engine trouble ahead? How the Strait of Hormuz standoff threatens luxury auto giants

Ferrari SF90 XX Spider limited edition plug in hybrid supercar parked on the pavement as a red Ferrari passes on Bond Street on 4th January 2026 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images A global base oils shortage is starting to filter through to drivers of luxury cars, with analysts […]

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China’s EV price war turns into AI arms race beyond cheaper cars
World

China’s EV price war turns into AI arms race beyond cheaper cars

AI signage at the Robert Bosch booth at the Beijing Auto Show in Beijing, China, on Saturday, April 25, 2026. Bloomberg | Bloomberg | Getty Images BEIJING — Electric carmakers in China are layering on more of the same artificial intelligence features as they try to survive a prolonged price war in the world’s largest […]

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Rivian renegotiates DOE loan down to .5 billion, adjusts capacity plans for Georgia plant
Business

Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant

Rivian Automotive on Thursday said it has renegotiated a $6.57 billion loan from the U.S. Department of Energy down to $4.5 billion and is adjusting its production expectations at an under-construction plant in Georgia. The DOE loan was previously set to support two phases of production for a total of 400,000 units annually. The amended […]

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Shares of Jeep maker Stellantis fall more than 7% after first-quarter results
World

Shares of Jeep maker Stellantis fall more than 7% after first-quarter results

The all-new 2026 Jeep Cherokee Hybrid is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images News | Getty Images Shares of auto giant Stellantis fell sharply on Thursday after the company reported a near tripling […]

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Volkswagen posts 14% drop in first-quarter profit on tariff pressure, China competition
World

Volkswagen posts 14% drop in first-quarter profit on tariff pressure, China competition

A Volkswagen logo at the back of an ID.7 electric car at the Volkswagen electric car factory on February 24, 2026 in Emden, Germany. Focke Strangmann | Getty Images News | Getty Images German auto giant Volkswagen on Thursday reported weaker-than-expected first-quarter profit, citing higher U.S. tariffs and intensifying competition from Chinese car brands. Europe’s […]

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