Tesla has invited all Model 3 reservation holders in the U.S. and Canada to confirm their orders -- for $2,500. That's welcome news for customers. It's even more welcome for Tesla's balance sheet.
The yearly show has been rumored for months to be moving either to October or June. The new date will take effect for the 2020 show. The 2019 show will remain in January.
Tesla is not producing enough Model 3s per shift to reach the 5,000 per week target that CEO Elon Musk said it would reach by Saturday, three workers at the company's assembly plant told Reuters.
In a suddenly escalating war of words with Tesla, Ford PR has chosen to Go Further. Elon Musk took a jab at his Michigan rival in an interview this week when he said Ford "looks like a morgue."
After U.S. sales of new vehicles grew in the first half of 2018, the market could be near a tipping point and decline during the second half, according to three forecasts issued this week.
Requests from manufacturers to gain exemptions from the Trump administration's tariffs on steel and aluminum imports are getting pushback from domestic steel and aluminum producers.
Daimler has announced the two first US customers to operate Freightliner e-vehicles within their fleet: 30 Freightliner eCascadia and eM2 trucks will be handed over to Penske Truck Leasing and NFI Industries in the US.
China unveiled late Thursday a long-anticipated easing of foreign investment curbs in the auto industry and other key sectors as Beijing moves to open its markets further.
China unveiled a long-anticipated easing of foreign investment curbs in the auto industry and other key sectors as Beijing moves to open its markets further.
Fiat Chrysler Automobiles, known for frequently making music the centerpiece of its ads, is cranking up the volume even louder this summer.
Seating and electrical systems supplier Lear plans to "leverage its unique product capabilities to profitably grow sales in both business segments".
Increased trade barriers between Europe and the U.S. would be a "significant" threat to ZF, the supplier's CEO Wolf-Henning Scheider said, calling for negotiators to reach an agreement to prevent a trade war.
Magna is buying Italian company Olsa to expand its automobile lighting business.
Magna says buying OLSA will make the Canadian company a global lighting supplier and expand its capability to design, engineer and manufacture headlamps, tail lamps and other lighting products.
Industry veteran, Peter Lake is to leave ZF this September after overseeing the integration of the company with US supplier, TRW in 2015.
McLaren Automotive's newest supercar features design elements that are a nod to the brand's racing history.
McLaren Automotive's newest supercar features design elements that are a nod to the brand's racing history.
The latest auto news, reviews, prices, product and vehicle releases.