automakers

Today, ambitious tonneau cover manufacturer who aims to reshape the North American truck bed industry, Worksport Ltd. (NASDAQ: WKSP)(NASDAQ: WKSPW), revealed its comprehensive sales strategy as it continues working to deliver the world’s first solar-powered tonneau cover SOLIS along with the...

This story was first published on the Benzinga India portal. The Indian unit of Hyundai Motor (OTC: HYMTF) is purchasing General Motors' (NYSE: GM) plant in Talegaon, Maharashtra. The company announced signing an Asset Purchase Agreement on Wednesday. The APA covers the...

While Rivian Automotive Inc (NASDAQ: RIVN) beat second quarter estimates and raised 2023 production guidance last week, legacy automakers revealed they have hit speed bumps on their EV route. On Thursday, Ford Motor (NYSE: F) postponed the launch of the all-electric Ford Explorer from the initially...

For all those who are not Tesla Inc (NASDAQ: TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales skyrocketed 65% last year while automotive...

Today’s data from the China Passenger Car Association (CPCA) showed that sales of Tesla Inc (NASDAQ: TSLA)-China-made vehicles slumped 31% in July compared to June. This is the first month-on-month decline in sales of Tesla's China-made cars since December, back when the world's...

Key Takeaways: Autohome recorded a second consecutive quarter of profit growth in its latest reporting period, as its revenue increased by 6% The company’s revenue growth, driven by its platform connecting car buyers and sellers, reflects a slow and bumpy recovery in China’s sluggish...

Toyota Motor Corp. (NYSE:TM) unveiled a revamped Land Cruiser on Wednesday, targeting a U.S. return next year to rival Stellantis NV’s (NYSE:STLA) Jeep and Ford Motor Company’s (NYSE:F) Bronco, WSJ reports. Toyota showcased its new Land Cruiser, echoing the boxy designs from the pre-...

Last week, Tesla Inc (NASDAQ: TSLA) knocked on India’s door with meetings regarding the construction of its factory. Volkswagen AG (OTC: VWAGY) has made, what many believe to be, a game-changing partnership with its Chinese EV rival, XPeng (NYSE: XPEV), easing concerns that its EV progress...

On Friday, Mercedes-Benz announced it is the latest automaker to provide its EV drivers with access to Tesla Inc (NASDAQ: TSLA) superchargers as of next year, or more precisely, more than 12,000 Tesla supercharger stations across North America, committing to fully adopt the company...

Market veteran Ed Yardeni says the U.S. economy has shifted from a “rolling recession” to a “rolling recovery”. He says large parts of the residential real-estate sector had been in a recession for eight quarters. But a sharp rise of 12% in new home sales (among...

Volvo Cars is the latest EV maker to embrace Tesla’s North American charging standard in what seems to be an identical agreement as those previously made by General Motors (NYSE: GM), Ford Motor (NYSE: F) and Rivian (NASDAQ: RIVN) earlier this month. Hyundai Motor Company (OTC...

The electric vehicle industry continues to evolve with Tesla Inc (NASDAQ: TSLA) still being the undebatable leader of the show. With legacy automakers such as Ford Motor (NYSE: F) and General Motors (NYSE: GM) joining Tesla by entering its supercharging network, some startups like Rivian...

On Tuesday, Amazon.com Inc (NASDAQ: AMZN)-backed EV maker Rivian Automotive Inc (NASDAQ: RIVN) revealed it is following the footsteps of legendary automakers Ford Motor (NYSE: F) and General Motors (NYSE: GM) in adopting the charging standard of the EV king, Tesla Inc (NASDAQ: TSLA). As Rivian adds...

More than 40 automakers who are operating in the world’s greatest EV market, China, have been joining a price war that got started by the EV king himself, Tesla Inc (NASDAQ: TSLA).  On Monday, Nio Inc (NYSE: NIO) showed it succumbed to earnings losses and weaker sales when the Chinese EV...

2023 has already been named as the year of the pickup. Tesla Inc (NASDAQ: TSLA) is finally entering this market with its eagerly awaited Cybertruck that is finally entering protection and going on sale later this year. With reportedly 1.6 million orders, all that Tesla has to do is ensure the...