Tesla Delivers in Q3
Tesla started out the week with a bang and shares were up over 17% in Monday’s session following an update on Elon Musk’s status at the company.
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Ford Sales Plunge 11% in September on Tough Comparison
Ford's September sales dropped 11% year over year. The company attributes the decline to the unusually high sales in September 2017 from Americans replacing cars damaged and destroyed by Hurricane Harvey.
Mazda to Revive Rotary Engine in New Electric Models
Mazda has announced plans to add some form of electrification to most of the cars it produces by 2030. To help meet that goal, it plans to revive its rotary engine as a range-extender…
Honda Accelerates Air Bag Recall on 1.4 Million Vehicles
Honda is pulling forward a recall previously scheduled for later this year to replace defective Takata air bag inflators in some 1.4 million vehicles sold in the U.S.
Why $20 Million Fine Means Nothing to Elon Musk
In a settlement between the SEC and CEO Elon Musk and the company he runs — Tesla Inc. (NASDAQ: TSLA), Musk will lose his job as chairman. He will also have to pay a…
Musk Out as Tesla Chairman, to Pay $20 Million Fine
The SEC has agreed to a deal with Elon Musk, CEO and Chairman of Tesla Inc. (NASDAQ: TSLA) which will push him out as chairman, but will allow him to stay as CEO. He…
Honda Recalls 232,000 US Accords, Insights to Fix Rear Camera
Honda is recalling all 232,000+ model year Accords and more than 6,200 model year Insight hybrids to fix a problem with the rearview camera. GM is also recalling more than 53,000 Cadillacs to fix…
Who Could Take Musk’s Job at Tesla
The government wants Elon Musk out. If it prevails, who could take his job at Tesla?
Musk Hit With SEC Suit, Tesla Shares Collapse
The SEC has announced charges against Tesla CEO Elon Musk, alleging fraud.
Volvo Trucks Wins Southern California Clean-Air Project
Volvo and the city of San Diego will begin a project introducing the company's all-electric trucks in a demonstration project the company hopes to commercialize across North American in 2020.
Ford Could Cut Thousands of Jobs — or More
Layoffs are usually a result of manufacturing efficiency, at least at companies that are not experiencing increases in sales. Ford CEO Hackett can do the math. Unless he cuts large numbers of people, he…
Return to Detroit Won’t Help Cadillac’s Prospects
General Motors believes that Cadillac will be helped if it moves its headquarters to the Detroit area from New York City, where it has been for three years.
September Auto Sales Will Be Better Than They Look
Automakers will be announcing U.S. new car sales for September next Tuesday. Here are estimates from two industry research firms for what we can expect to see.
Longtime Daimler Leader to Step Down as Industry Faces Radical Change
One of the auto industry's giants will soon leave as head of Daimler and as the chief of its Mercedes-Benz division.
Tesla Builds Its Own Car Carriers to Keep Up With Demand
Could Tesla actually have planned in advance? It has lost a number of key executives in the past several months. Maybe one of them was in charge of the carriers.