Musk told investors Tesla’s growth depends on Optimus humanoid robots, Cybercab robotaxis and boosting vehicle production as autonomy nears.

The automaker cut its full-year forecast by 21 percent as EV costs and the chip shortage at Nexperia also weighed on profits.

OPmobility, formerly called Plastic Omnium, will be led by Felicie Burelle, a member of the founding Burelle family, until a new CEO is appointed.

New-car sales in Germany remain below pre-pandemic levels as automakers retreat from the budget segment, and dwindling buying power has shifted demand to the used market.

If the bankruptcy court judge sides with holdout creditors and rejects the financing package, a company lawyer said “it’s game over” and the firm will liquidate.

GMC in St. Clair County, Mich. reopened for vehicle sales Nov. 6 after the state briefly suspended its license.

Production of the vehicle has been indefinitely idled as Ford deals with the fallout from a September fire at a supplier plant.

Renault’s retro-styled minicar will cost less than €20,000. It will challenge the Citroen e-C3, Hyundai Inster and Leapmotor T03.

Bentley's profit fell 62 percent through September after the brand was hit by costs from Porsche's cancellation of its new software technlogy platform.

Michigan dealership’s license suspended | Auto finance resilience (Tierra Riddick) ...

Rivian's revenue increased 78 percent to $1.6 billion on a 32 percent increase in vehicle sales as consumers rushed to get the expiring EV tax credit.

Lucid teams with Nuro, Nvidia and Uber to turn its $96,550 Gravity crossover into a springboard for AI-powered robotaxis and driverless cars.