General Motors Co. expects profits to be better in the first half of the year than it previously projected, citing steps it is taking to blunt the impact of the computer-chip shortage that has hampered global vehicle production.
The No. 2 U.S. auto maker plans to increase spending on electric-vehicle development as part of a strategy to reverse years of declining profits.
The electric-truck startup is facing increasing competition as well as questions about its preorders and production plans.
Aimed at the heart of the booming compact-crossover market, the CX-30 resembles the sporty Mazda Hatchback inside but lacks its fabulousness, finds Dan Neil.
The deal is the latest in the auto industry’s efforts to fortify supplies of batteries ahead of the rollout of more plug-in models.
Production of the new battery-powered version of its top-selling vehicle is expected to start next spring in Michigan.
Evergrande founder Xu Jiayin hasn’t sold any cars yet and his real-estate empire is groaning with debt. But his electric vehicle startup recently notched an $87 billion market cap.
The world’s third-largest car company by sales said a new 50-50 joint venture with iPhone assembler Foxconn would focus on technology used in vehicle dashboard systems and other connected services.
This sporty bike includes a variety of Automatic Driver Assistance Systems (ADAS)—safety features widely available with cars but introduced here for the first time in a series-production motorcycle.
Car makers have cut production of 1.2 million vehicles in North America because of a shortage of computer chips, losing sales amid high demand.
Tesla chief says bitcoin will be used for transactions “as soon as mining transitions to more sustainable energy.”
The car maker projects fast rise of hybrid gas-electric vehicles.
A monthslong rise in used-car sales has left bargain-hunters with limited options on lots across the U.S. as some dealers say they don’t expect that trend to end soon.
The small SUV is built on the same platform as the Escape but has a look that evokes the legendary Bronco, which Ford is reintroducing this summer.
The auto maker slashed planned production by 11% in the first three months of the year due to the global semiconductor shortage and warned of additional cuts in the weeks ahead as the crisis lingers.
Though the Roma’s design calls back to the days of la dolce vita, its interfaces have been digitized, virtualized, stylized and touchpad-enabled, finds Dan Neil.
Global auto makers who had expected the semiconductor supply crisis to subside in the spring are now warning that chips will remain scarce for months while a second-half recovery is fraught with uncertainty.
The auto maker said it is looking to open a $185 million battery-development center in southeast Michigan next year.
Kia’s seven- or eight-passenger multi-purpose ‘family hauler’ offers the livability and convenience of a three-row vehicle, with styling that sidesteps the minivan stigma.
The auto giant is planning more downtime at five North American factories due to a global semiconductor shortage, further disrupting output of a popular SUV and the F-150 pickup.