China comes just shy of Japan as the world’s largest car exporter

China comes just shy of Japan as the world’s largest car exporter

LIANYUNGANG, CHINA – JANUARY 17, 2024 – A large number of cars are ready to be shipped for export at the port of Lianyungang, Jiangsu province, China, January 17, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images BEIJING — China failed to replace Japan as … Read more

Elon Musk Tesla pay package court ruling highights

Elon Musk Tesla pay package court ruling highights

Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023.  Tolga Akmen | Bloomberg | Getty Images The bombshell, 200-page Delaware court ruling Tuesday ordering Tesla to undo its massive $56 billion compensation … Read more

GM to release plug-in hybrid vehicles, backtracking on product plans

GM to release plug-in hybrid vehicles, backtracking on product plans

General Motors reveals the new 2016 Chevrolet Volt to the media at the 2015 North American International Auto Show on January 12, 2015 in Detroit, Michigan. Getty Images DETROIT – General Motors is changing its product lineup strategy to include plug-in hybrid electric vehicles, CEO Mary Barra told investors Tuesday. Barra did not disclose specific … Read more

General Motors (GM) earnings Q4 2023

General Motors (GM) earnings Q4 2023

A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023. Brandon Bell | Getty Images DETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecting, according to average estimates compiled by … Read more

Race for China’s EV market could last 3 years, BYD says, claiming it wants to work with Tesla

Race for China’s EV market could last 3 years, BYD says, claiming it wants to work with Tesla

Chinese automaker BYD had one of the biggest stands at the IAA show in Munich, Germany in 2023. Arjun Kharpal | CNBC BEIJING — Competition for China’s electric car market will continue to heat up in the next two to three years, according BYD, which claimed it wants to work with Tesla to grow the … Read more

Tesla recalls nearly 200,000 vehicles in US over rearview camera bug

Tesla recalls nearly 200,000 vehicles in US over rearview camera bug

BURBANK, CALIFORNIA – JANUARY 16: Tesla electric cars are parked at a Tesla dealership on January 16, 2024 in Burbank, California. Carbon emissions fell by about 1.9 percent in 2023, a positive signal, but further cuts must be implemented if the U.S. hopes to achieve its climate goal of 50 percent emissions cuts by 2030. … Read more

GM Cruise probe finds poor leadership at center of accident response

GM Cruise probe finds poor leadership at center of accident response

Chevrolet Cruise autonomous vehicles sit parked in a lot on June 08, 2023 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Culture issues, ineptitude and poor leadership at General Motors’ Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company since … Read more

GM, Honda begin U.S. fuel cell production toward replacing diesel

GM, Honda begin U.S. fuel cell production toward replacing diesel

An employee assembles a fuel cell system in the module final assembly at Fuel Cell System Manufacturing LLC, GM and Honda’s fuel cell joint venture in Brownstown, Michigan. Courtesy image BROWNSTOWN, Mich. – General Motors and Honda Motor have begun commercial production of hydrogen fuel cell systems in a step toward offering alternative zero-emissions solutions … Read more

Elon Musk says Chinese EV makers will ‘demolish’ other companies

Elon Musk says Chinese EV makers will ‘demolish’ other companies

Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City.  Slaven Vlasic | Getty Images Elon Musk said Chinese electric automakers will find “significant” success outside of China, even as his firm Tesla faces intense competition from these same companies. … Read more

Tesla (TSLA) shares fall after Musk’s EV maker warns of 2024 slowdown

Tesla (TSLA) shares fall after Musk’s EV maker warns of 2024 slowdown

Tesla and SpaceX’s CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London on Nov. 2, 2023. Kirsty Wigglesworth | Reuters Tesla shares fell in pre-market trade on Thursday, after the company reported earnings that missed expectations and warned of a slowdown in 2024. Shares of Tesla were around … Read more