To increase production by 50%, Stellantis plans to invest $13 billion in the US
Stellantis, the parent company of brands such as Jeep, Chrysler, and Dodge, will invest $13 billion in the United States...
Automotive & transportation
Tesla unveils the Model Y and 3, which some consider too expensive despite being “affordable.”
Tesla introduced "affordable" versions of its best-selling Model Y SUV and Model 3 sedan. But others said that the beginning...
Tesla’s next event will feature the launch of a more inexpensive electric automobile
Tesla has scheduled an event for October 7, during which investors and analysts expect the unveiling of a more affordable...
Elon Musk’s $1 billion payment proposal is facing rejection from investors and state regulators
Tesla shareholders, including SOC Investment Group and various state authorities, asked investors to vote against Elon Musk's $1 trillion pay...
Tariffs on Chinese cars will boost sales of vehicles manufactured in Mexico
Claudia Sheinbaum Pardo's government's tariffs on cars from China, South Korea, India, and Thailand are expected to stimulate sales of...
Musk’s $1 billion purchase of Tesla stock causes the business to surge
As the electric vehicle manufacturer races to meet its ambitious goals in robotaxis, artificial intelligence, and robotics as it seeks...
For the first time since 2020, BYD has experienced two consecutive months of production drops
In August, BYD's production declined for the second consecutive month, marking its first such monthly contraction since 2020. This development...
Tesla guarantees that the Model YL ‘will be here soon’
Tesla, the electric car company owned by Elon Musk, announced on the Chinese social network Weibo that the Model YL...
In the second quarter, Tesla incurred a $300 million expense due to Trump tariffs
During the call, Tesla CEO Elon Musk remarked that the company’s energy division is encountering “headwinds” due to the president’s...
After a $2.7 billion loss in the first half of the year, Stellantis anticipates a greater impact from tariffs
Stellantis expects a greater impact from Trump's tariffs on vehicle and auto parts imports in the second half of 2025....
