auto sales
Tesla rival Fisker files for bankruptcy after glitches doomed Ocean SUVs
Fisker flagged doubts about its ability to remain in business in February and later failed to secure an investment from a big automaker, forcing it to rein in operations.
Biden's tariffs will make us pay more for cars we don't want — but are forced to buy
Not long ago, President Biden promised to transform the American auto industry -- “first with carrots, now with sticks” is the analogy The Washington Post used.
GM to stop making iconic Chevy Malibu after 60 years as it shifts to EVs
The Malibu is the last remaining Chevrolet car offered in the United States besides the Corvette. GM ended production of the Chevrolet Camaro late last year.
Tesla slashes global workforce more than 10% as it faces price war: 'Difficult decision'
Tesla chopped more than 10% of its global workforce -- a move CEO Elon Musk called a "difficult decision" for the company as it grapples with falling sales amid an intensifying price war...
Ford pumps brakes on three-row electric SUVs, electric pickup truck as demand slows
Ford, which lost nearly $4.7 billion on its EV business in 2023, said in February the next generation of EVs will be launched "only when they can be profitable.
Tesla's sales drop 9% for first decline in four years as international EV competition revs up
Tesla posted its first year-over-year drop in quarterly car deliveries since 2020, stoking concerns about the company's global market share as international competition has revved up.
Bentley blames slumping sales on 'emotional sensitivity' over high interest rates
Bentley's sales dipped 11% in 2023 after four consecutive years of sales growth.
Trump defends 'bloodbath' rally comment as reference to foreign auto imports after outrage
Former President Donald Trump insisted Monday his ominous comment predicting a “bloodbath” if he loses the November election to President Biden was a direct reference to the threat his opponent...
Bespoke Rolls-Royce is world's most expensive car at $31M — it drew inspiration from yachts
The one-of-a-kind dream convertible was commissioned for an unnamed client who was meticulously involved at all stages of its creation.
GM retains crown as top-selling US automaker in 2023 despite costly strike
The Detroit automaker shrugged off a hit from a costly auto strike to report 2023 US new vehicle sales of 2,594,698 units, up 14.1% from last year.
Tesla beats estimates and breaks deliveries record in Q4
Tesla handed 484,507 vehicles in the last three months of the year, compared with estimates of 473,253 units.
GM laying off 1,300 workers at two Michigan plants that made Bolt EV, Camaro
Final production of the Bolt at Orion is set for next week, while Chevrolet Camaro production is ending at a plant in Lansing.
Electric vehicles less reliable than gas-powered cars, trucks: Consumer Reports
EV owners most frequently reported troubles with battery and charging systems as well as flaws in how the vehicles’ body panels and interior parts fit together.
Rolls-Royce debuts yacht-inspired car with shock $30 million price tag
The Rolls-Royce La Rose Noire Droptail debuted with a yacht-inspired, low-slung construction, custom Audemars Piguet watch mounted to the dashboard and a champagne storage compartment.
EPA proposes tough emissions cuts that would eliminate most gas guzzlers within a decade
The proposal represents the most aggressive vehicle emissions reduction plan to date, requiring 13% annual average pollution cuts and a 56% reduction in projected fleet average emissions over 2026 requirements.
GM buyout: Workers offered severance packages of up to 12 months
GM announced late last month that it would be slashing jobs and cutting some $2 billion in costs over the next two years.
Car buyers face sticker shock as new vehicle prices skyrocket 30%
Since 2019, the average price of a new car in the US has risen 30% to $50,000, according to statistics.
Tesla price cuts anger owners who bought vehicles just before discounts: report
Tesla slashed prices for some of its car models by up to 20% in mid-January as it looks to stave off increased competition in the electric vehicle sector and boost...
Rolls-Royce posts record 2022 sales despite average price of $534,000
Rolls-Royce's sales were led by the Americas, with the US remaining its top market with around 35% of sales.
Tesla doubles discounts on top-selling models: 'Not a good sign'
The move comes ahead of a new federal tax credit of up to $7,500 that’s scheduled to take effect Jan. 1.