Foxconn’s entry into the American electric vehicle space opens the door for one of the world’s biggest contract manufacturers to grab a foothold in a growing global business. Why it matters:... Read more
EV sales have reached record numbers in recent years, with annual sales projected to increase ten-fold in the next 15 years Electric vehicles (EVs) are expected to account for more than 33%... Read more
In 2022, the Lone Star State experienced a vehicular theft rate of 13 automobiles for every 1000 registered According to a new report, Texas was the state with the fifth-highest vehicle thef... Read more
Remember the Suzuki Gypsy? The new Suzuki Jimny is essentially the same car, only that it is named differently in Japan. Suzuki has displayed the Jimny Tough idea at the GAIKINDO Indonesia I... Read more
Hyundai Motor Group and SK On said Thursday they will build a new battery manufacturing plant in the U.S. state of Georgia to supply the Korean automaker’s U.S. assembly plants. Hyunda... Read more
The vehicle sector suffered badly in the pandemic, and has since been buffeted by supply-chain problems, inflation and recession fears, says David J. Stevenson. But electric cars are thrivin... Read more
U.S. auto safety regulators have opened an investigation into Tesla’s Model Y SUV after getting two complaints that the steering wheels can come off while being driven U.S. auto safety regul... Read more
Ford Motor Co. plans to cut about 3,200 jobs across Europe, following workforce reductions in the US as the automaker slashes costs in a shift toward electric vehicles. Ford Motor Co. plans... Read more
The marque’s latest models command a 12-month wait time. It’s a trend that’s surprised even Rolls-Royce executives: Tesla owners frantically placing preorders for Spectre,... Read more
Detroit-based General Motors has lost its crown as the top-selling US automaker to Japan’s Toyota. For the first time since 1931, General Motors Co. isn’t the top-selling automaker in the U.... Read more