Focus on Automotive
Rivian to face trial in Tesla trade secrets theft case, judge says
After judge denies dismissal of lawsuit, Rivian-Tesla trial set to go ahead after company allegedly Elon Musk's employees.
Tesla profit margins worst in five years as price cuts, incentives weigh
Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter
Strong US sales boost GM results as it slows some EV plans
GM posts strong Q2 profits with robust North American sales; slows EV expansion citing demand, delays Michigan plant.
Volkswagen is reeling in China. Can EVs help it grow in the US?
The German automaker is planning 30 new electric or hybrid models in China in a bid to lift its market share to 15%.
Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus
Tesla's Q2 margin likely to hit a more than five-year low, CEO Elon Musk is expected to double down on robotaxi plans and...
Tesla to have humanoid robots for internal use next year, Musk says
Tesla will have humanoid robots in low production for the company's internal use next year, CEO Elon Musk said on Monday
GM, Ford profit may take a hit from cooling EV demand, US dealer software outage
GM and Ford may post lower profit when they report quarterly results this week, as the industry's high-stakes bet on EVs fails to...
US opens probe into 150,000 Stellantis vehicles over loss of motive power
The US NHTSA said Monday that it has opened an evaluation into about 150,000 Stellantis vehicles over reports of loss of motive power
Renault CEO calls for flexibility in European EV transition timeline
Renault CEO expressed doubts over EV transition timeline, adding the carmaker has to bring down costs to deliver on its EV goals
Xpeng, Volkswagen set up project house to roll out new EV architecture
Chinese EV maker Xpeng has established partnership with German automaker VW to accelerate development of new EV architecture
