Tesla unveiled a car that Elon Musk says can fly
On Friday morning, Tesla shares bounced back after Elon Musk revealed the much-anticipated next-generation Roadster—a car featuring SpaceX technology that...
Automotive & transportation
Tesla is poised to reveal the next-gen Roadster following multiple delays
Tesla intends to reveal its revamped Roadster this Thursday, almost nine years after initially presenting a next-gen version of its...
Volkswagen and Stellantis express trust in electric vehicles, drawing insights from China
The two mainstays of the European automotive sector, Volkswagen and Stellantis, utilized this year's Paris Motor Show to exhibit increasing...
Porsche prepares for a period of lower sales while betting on luxury
Porsche is reforming its operations in preparation for decreased sales volumes, the sports car maker revealed on Wednesday. Wagering that an increased emphasis on premium models will aid in recovering profit margins even with weak demand.The car manufacturer, similar to its parent Volkswagen, is implementing a significant restructuring to tackle slow sales and elevated expenses. Detailing a recovery strategy aimed at reducing its break-even threshold to under 200,000 units, substantially lower than last...
Tesla’s growth trajectory resumes as deliveries surpass projections
Tesla is poised to conclude two successive years of falling sales as its third-quarter deliveries surpassed Wall Street predictions on Friday. With a resurgence in Europe providing the automaker a route to growth independent of U.S. tax incentives.Shares of the Austin, Texas-based firm—which have decreased by about 20% of...
The three car companies from Detroit will lose their position in the market to competitors from Asia
Experts say the "Detroit Three" will probably do worse compared to their Asian competitors when they share their third-quarter U.S.sales...
Volaris announces it will suspend operations in Tulum
Aeroméxico first. Volaris now. The Tulum air passenger operations will be suspended operations will be suspended operations will be suspended...
United States harshly criticizes Ford’s deals with Chinese firms
The Trump administration sharply criticized Ford Motor’s commercial partnerships with Chinese companies on Tuesday, alleging that they pose serious national...
There are now 80,000 SUVs on Ford’s expanding list of recalled cars
Following an earlier recall for seats that could move unexpectedly and another for engine fire risks. Ford issued a recall...
Cybercab, Tesla’s bet on autonomous robotaxis
Tesla, the U.S. electric vehicle manufacturer led by billionaire Elon Musk, unveiled the Cybercab on Thursday in Austin, Texas. A...
