China’s automakers must adapt quickly or lose out on the EV boom
Chinese new energy vehicle giant shows off the latest version of its Han electric sedan at the Beijing auto show on April 26, 2024. CNBC | Evelyn Cheng BEIJING — …
Autos
Aston Martin’s losses nearly doubled on lower sales, but carmaker projects growth from new models
Exhibition of Aston Martin DB11 during the Turin Motor Show 2018. Stefano Guidi | LightRocket | Getty Images LONDON — Luxury carmaker Aston Martin on Wednesday reported widening losses in …
Tesla shares drop after Musk cuts about 500 jobs in Supercharger team
Tesla Supercharger stations near a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Images Tesla shares fell nearly 6% on Tuesday following news …
Volkswagen profit drops 20% in first quarter on lower sales
A man polishes a Volkswagen ID GTI Concept car on display at the International Motor Show (IAA) in Munich, southern Germany, on Sept. 5, 2023. Christof Stache | Afp | …
Stellantis reports sharp fall in revenue as it shifts portfolio
Christian Meunier, chief executive officer of the Jeep brand at Stellantis NV, during the 2023 New York International Auto Show (NYIAS) in New York, US, on Wednesday, April 5, 2023. …
Tesla Autopilot linked to hundreds of collisions, has ‘critical safety gap’: NHTSA
A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. S. Engleman | Via Reuters Federal authorities say a “critical …
Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock
In an aerial view, brand new Tesla cars sit parked in a lot at the Tesla Fremont Factory on April 24, 2024 in Fremont, California. Justin Sullivan | Getty Images …
India says new EV policy will open up market to global players
India is confident that its new electric vehicle policy measures will open up the market to more global players, said the country’s secretary of the Department of Promotion of Industry …
Xpeng’s Gu says robotaxis won’t be a real business for at least five years
A Xpeng G9 is displayed at a store in a mall in Beijing on Feb. 29, 2024. Wang Zhao | AFP | Getty Images BEIJING — Self-driving taxis won’t be …
Ford Q1 earnings beat, rosy 2024 outlook, cost discipline welcome news
Ford Motor on Wednesday evening delivered higher than expected profits in the first quarter, driven by strength in its commercial business. Positive updates to its full-year outlook helped send shares …