Tesla CEO Elon Musk said the company's proposed acquisition of SolarCity could eventually push the electric car maker's valuation to $1 trillion, but investors strongly disagreed.
Tesla offered to acquire solar panel maker SolarCity in an all-stock deal worth as much as $2.8 billion as the EV maker looks to get into the market for sustainable energy for homes and businesses.
Faraday Future plans to begin testing prototype self-driving electric vehicles on California roads later this year after winning approval from the state.
As more consumers focus on SUVs and crossovers, so too will one of the auto industry's most coveted awards.
When the Cleveland Cavaliers were down 2-0 to the Golden State Warriors in the NBA Finals, and things looked bleak, ad agency Tier10 shot an inspiring spot for Ohioans about the power of belief.
CarMax's latest quarterly earnings slid 3.6 percent, dragged down by expenses related to store openings, share-based compensation and hail damage to vehicles at the company's stores in Texas.
Fiat Chrysler said it will soon cease equipping new vehicles with the type of Takata airbag inflators that U.S. auto safety regulators said must all be recalled by the end of 2019.
PSA Groupe and Iran Khodro have inked the final joint venture agreement to produce vehicles in Iran, with Tehran's Industry Minister recently confirming to just-auto the deal mandated a minimum level of local content, with this eventually doubling.
Volkswagen Group confirmed that prosecutors were probing VW brand chief Herbert Diess as part of an investigation into whether the company violated disclosure and market manipulation rules.
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22 Jun, 2016
New S90 and V90 R-Design models add racy touches to Volvo’s latest executive cars
The days when you could seamlessly transition from one brand of car to another and shift the vehicle into gear without thinking about it are gone.
The latest chapter of Chrysler's Pacifica 'Dad Brand' campaign launched over Father's Day weekend. The spots feature actor and comedian Jim Gaffigan, who also appeared in the campaign's first set of videos in April.
GM and Ford finished first and second in a study that takes a look at a vehicle's American makeup. GM's crossover trio of the Buick Enclave, Chevrolet Traverse and GMC Acadia had the high score of 90 in the 2016 Kogod Made in America Auto Index.
Jaguar Land Rover estimates its annual profit could be cut by $1.47 billion if the UK leaves the EU, Reuters reported.
Russia says it is working with Iran to establish a free trade zone as historical ties between the two countries start to revive following the ending of economic sanctions imposed by the West.
Jaguar Land Rover says China's cancellation of it's patent on the Range Rover Evoque will not stop it from going after an alleged Chinese copycat in a separate unfair competition and copyright proceeding.
Law firm Quinn Emanuel has filed one of two lawsuits in Germany against Volkswagen Group for institutional funds in claims that could run into billions of euros over the carmaker's emissions scandal.
Lawyers acting for VW shareholders have filed the first of two lawsuits in Germany against the automaker in claims that could run into billions of euros over the carmaker's emissions scandal.