Chinese automakers expected to achieve 33% global market share by 2030

GUANGZHOU, CHINA – NOVEMBER 17: A GAC Aion Hyper SSR electric sports car is on display…

Volkswagen takes $1 billion stake in EV maker

Workers assemble second-generation R1 vehicles at electric automaker Rivian’s manufacturing facility in Normal, Illinois, on June…

GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO

DETROIT – General Motors’ Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive…

U.S. auto sales are expected to slow during the second half of 2024

Cars sit on a Chevrolet dealership’s lot on June 20, 2024 in Chicago, Illinois. A cyber…

VW 2025 Jetta updated to boost sales

Volkswagen on Tuesday announced updates for its 2025 Jetta sedan to boost sales amid industry-wide affordability…

Ferrari CEO Benedetto Vigna: All-electric model preserves ’emotion’

Ferrari’s all-electric model won’t be launched for over a year, but early tests prove it has…

Detroit automakers need to exit China, BofA analyst says

Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First…

How the once-promising EV maker went bottom-up

Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan…

Uber, Khosla, Nvidia invest in autonomous trucking startup Waabi

Raquel Urtasun, Founder and CEO of Waabi. Courtesy: Waabi Autonomous trucking startup Waabi announced Tuesday it has…

Here’s why car payments are so high right now

Car payments have skyrocketed in recent years due to a combination of high prices and high…