GM shares hit new 52-week low following Wells Fargo downgrade
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2,...
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Rivian is recalling about 500 of its electric pickups for a child-safety defect
Rivian R1T Field pickup Source: Rivian Rivian Automotive is recalling some of its electric pickups because of an airbag defect that could injure a child...
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‘The most dumb thing’: Elon Musk dismisses hydrogen as tool for energy storage
Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during...
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Lordstown Motors closes $230 million deal to sell its Ohio factory to Foxconn, injecting needed cash days before deadline
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors’ assembly plant in...
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Rivian stock jumps as the EV automaker says demand remains high and production is on track
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker...
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Meet GM’s most expensive and powerful Cadillac Escalade yet, starting at $150,000
2023 Cadillac Escalade V-Series Cadillac DETROIT — General Motors’ newest Cadillac Escalade will be the most powerful and expensive version of the full-size SUV ever...
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Toyota warns ‘unprecedented’ raw materials costs could cut profits by 20%
Toyota 2023 Sequoia on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor on Wednesday warned investors that...
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Shanghai’s big automakers saw production plunge by 75% in April after lockdowns began
Although Shanghai began in mid-April to prioritize several hundred companies for resuming work, foreign business organizations have said that doesn’t mean the factories can operate...
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VW is looking to bring back the Scout brand as an electric vehicle
This image, from 2019, is of a refurbished Scout. The brand was originally built by International Harvester between 1961 and 1980. Future Publishing | Future...
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How Ford’s F-150 Lightning stacks up against Rivian and Hummer electric pickups
SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has...
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Rivian reports earnings Wednesday. Here’s what we learned after 3 rivals reported last week
Rivian CEO RJ Scaringe inside the company’s customer experience center outside of its plant on Aptil 11, 2022 in Normal, Ill. Michael Wayland / CNBC...
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Rivian stock plummets as Ford unloads 8 million shares of EV start-up
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian...