Category: Automobiles

45%

Tesla’s drop in profit in the second quarter.
Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales

The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
G.M. Will Restart Cruise Taxi Service

General Motors said the self-driving division’s cars will operate in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.
Finally, a Way Around Exorbitant Rental Car Surcharges for Tolls

Temporary toll passes, now free for those who rent cars at the Orlando airport in Florida, allow drivers to avoid charges for toll payment devices. Could this be a model for other destinations?
SoftBank’s Chief Pitches a New Path for Self-Driving Cars

Masayoshi Son, the billionaire founder of SoftBank, is trying to rally automakers around the world to join forces on autonomous-driving technologies.
Elon Musk’s Novel and Polarizing Cybertruck

Elon Musk’s Cybertrucks are hitting the road. They’re provoking strong aesthetic judgments — and assumptions about the people who drive them.
Corvette Bucked a Sports Cars Decline. Can It Thrive in an E.V. Era?

The General Motors sports car, which enjoyed strong sales after a big design change, now has a hybrid version and may get a fully electric model that may turn off some gas-loving customers.
Ferrari and Other Car Brands Seek the Road to High-End Fashion

Ferrari has positioned itself as a high-end fashion and lifestyle brand that appeals to more than just Formula 1 fans. Could Jeep follow that lead?
Ford Will Make Gasoline Trucks Not Electric Vehicles in Canada Plant

Ford will build large pickups at a Canadian factory that it had previously slated to produce electric vehicles, sales of which have slowed in recent months.
Electric Vehicles May Become Harder to Rent

Rental car firms are offering temporary deals on electric cars, which they are selling after they lost value more quickly than expected.
Biden Offers $1.7 Billion to Help Factories Build Electric Vehicles

A Jeep plant that closed last year will be among those that will benefit from federal grants meant to help automotive manufacturers and protect jobs.
U.A.W. Monitor Reveals Details About Investigation Into Union Leader

A court-appointed monitor said he was looking into allegations that a union official was punished for resisting actions that would have benefited the union president’s partner and her sister.