Elon Musk startled the market when it was revealed he has frozen hiring and will cut 10% of Tesla’s staff, amid “super bad” economic worries. Tesla stock fell Friday after…

Ford announced it is about to add 6,200 new factory jobs in Michigan, Missouri and Ohio. Then new jobs will be part of a $3.7 billion investment in the three…

During a recent talk, Ford CEO Jim Farley said he expects a major price war to begin in the electric vehicle (EV) market that will drive prices per vehicle down…

Tesla CEO Elon Musk sent out an email to company employees asking them to return to the office or leave the company. Musk wrote, “Everyone at Tesla is required to…

Suffering as COVID-19 outbreaks and a parts shortage slowed its operations, Toyota Motor Company on Monday said it had missed its production target. Toyota said it produced 692,259 vehicles worldwide…

The average age of a car in the US has continued a five year climb to a new record – just over 12 years old, according to S&P Global Mobility.…

Some believe the end of the combustion engine car may be upon us, and it may have happened because of the war in Ukraine. Supplies of wire harnesses have been…

The carmaker made famous by the movie Back to the Future, is back again, this time with a new EV. The DeLorean car company has been revived with new ownership,…

After automakers cancelled semiconductor chip orders in early 2020 at the start of the pandemic, the industry reallocated those resources to the personal electronics market, as sales of computers and…

Hyundai Motor Group will invest an additional $5 billion in the United States by 2025, on top of $5.5 billion it is already pledged to invest in Georgia to build…