New York state plans to adopt California's rules that would require all new vehicles sold in the state by 2035 to be either electric or plug-in electric hybrids.
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Used-vehicle retail giant CarMax said Thursday it sold fewer used vehicles in its second fiscal quarter due to ongoing financial pressures affecting retailers in the market.
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As the fraud trial of Nikola founder Trevor Milton winds up, incoming CEO Michael Lohscheller must convince customers and shareholders that the zero-emission truck company has a profitable future.
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AAA crash tested four models with automatic braking systems and found the systems lacking.
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Investor told the jurors in federal court in Manhattan that he was wary because he had never heard of Nikola or Milton and didn’t like the looks of a purchase funded partly by stock in a company without revenue.
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Cox Automotive lowered its sales forecast for the third time this year as rising interest rates now threaten to stall demand for new vehicles.
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Toyota still faces a chip shortage, but the situation has improved from 12 months ago when COVID cases were causing factory shutdowns that led to a lack of parts.
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The listing will raise 9.4 billion euros for VW Group amid some of the most challenging market conditions in years.
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Shuttered dealerships moved vehicles inside ahead of life-threatening storm surges, hurricane-force winds.
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Mercedes and other automakers are rethinking workflow and investment to emphasize speed and collaboration.
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