EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024

New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera,…

Toyota exploring orbital rocket development, makes startup investment

After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he…

Waymo dominated U.S. robotaxi market in 2024, but Tesla, Zoox loom

A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December…

German auto giants brace for Trump’s tariff threats

Republican Presidential candidate, former U.S. President Donald Trump speaks to attendees during a campaign rally at…

Meta shares rise on potential TikTok ban in U.S., closing at record

Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park,…

Trump tariffs threaten to hobble Slovakia’s thriving car industry

Skoda Kodiaq automobiles on the production line at the Volkswagen AG plant in Bratislava, Slovakia, on…

GM lays off 1,000 employees amid reorganization, cost-cutting

The GM logo is seen on the facade of the General Motors headquarters in Detroit on…

Bentley further delays all-EV plan as it embraces plug-in hybrids

A staff member checks a Bentayga SUV on the Bentley production line at its factory in…

Volkswagen planning forced layoffs and 10% pay cuts, labor union says

Cars stand at a Volkswagen dealership on October 10, 2024 in Berlin, Germany. Sean Gallup |…

Stellantis to sell, shutter large proving grounds amid cost-cutting

Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto…