U.S. World Business Lifestyle
Today: July 03, 2026
Today: July 03, 2026

Automotive Industry

Business|Economy|Technology

Tesla quarterly deliveries set record; European recovery raises hopes of annual growth

Tesla on Thursday posted record-setting second-quarter delivery numbers that smashed past Wall Street estimates, led by a rebound in Europe, feeding

Tesla quarterly deliveries set record; European recovery raises hopes of annual growth
Business|Economy|Technology|World

Tesla sales jumped last quarter in a possible sign the worst of the Musk backlash is behind it

Tesla car sales jumped over the past three months in a possible sign the worst of the boycotts against the automaker and lost market share to rivals are behind it

Tesla sales jumped last quarter in a possible sign the worst of the Musk backlash is behind it
Business|Economy|Finance|Stock Markets|Technology

Lucid names new CFO in latest executive shakeup, misses quarterly delivery estimates

Lucid Group missed second-quarter delivery estimates on Thursday and named Alexander De Bock as its new finance chief, the latest leadership change at the struggling electric-

Lucid names new CFO in latest executive shakeup, misses quarterly delivery estimates
Business|Economy|Finance|Stock Markets|Technology

EV maker Rivian raises 2026 delivery forecast on strong demand, shares soar 

Rivian Automotive raised its annual delivery forecast on Thursday, betting on strong demand for its R1 models and electric delivery vans as well as its cheaper new R2 SUVs, sending

EV maker Rivian raises 2026 delivery forecast on strong demand, shares soar 
Business|Economy|Environment|Finance|Technology

Tesla Q2 deliveries expected to rebound as Europe sales recover

Tesla is expected to report a 5% rise in vehicle deliveries on Thursday for the second quarter.

Tesla Q2 deliveries expected to rebound as Europe sales recover
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BMW completes $1.7 billion investment in EV production at U.S. plants

BMW on Tuesday announced the completion of a $1.7 billion investment in its production plants in South Carolina, gearing up for the launch of fully electric vehicle production in

BMW completes $1.7 billion investment in EV production at U.S. plants
Business|Economy|Environment|Science|Technology

Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminium

Ferrari and BMW are rolling out new models featuring lightweight, cost-effective aluminium

Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminium
Business|Economy|Environment|Science|Technology

US safety agency ends power steering probe into 376,000 Tesla EVs

U.S. safety regulators said on Saturday they had closed their probe into Tesla vehicles over power steering loss, in view of a company recall which was carried out last year.

US safety agency ends power steering probe into 376,000 Tesla EVs
Business|Economy|World

Volkswagen Law: the unique structure behind Europe's biggest carmaker

Volkswagen's plans to close plants in Germany and nearly double planned job cuts to around 100,000 have put the spotlight on

Volkswagen Law: the unique structure behind Europe's biggest carmaker
Business|Economy|Finance|Stock Markets|Technology|US|World

Polestar says the Commerce Department is banning US sales of its cars

Polestar says the Commerce Department is banning US sales of its cars

Polestar says the Commerce Department is banning US sales of its cars
Business|Economy|Technology

US automotive quality increased industrywide last year, with Ford taking top honors

The automotive industry’s increasingly complex vehicles improved in overall quality during the past year, with Ford Motor taking the top initial quality

US automotive quality increased industrywide last year, with Ford taking top honors
Business|Economy|Europe|Finance|Stock Markets|Technology

Volkswagen's Everllence valued well above €9 billion in bidding race, source says

All three bids for Volkswagen's engine maker Everllence valued the unit "clearly above" €9 billion ($10.21 billion), a

Volkswagen's Everllence valued well above €9 billion in bidding race, source says
Business|Economy|Europe|World

Porsche CEO sticks to targets as he navigates road to recovery

Porsche faces fundamental challenges in crucial markets and a long road back to recovery, but the German sports car maker is sticking by this year's

Porsche CEO sticks to targets as he navigates road to recovery
Business|Economy|Europe|Finance

BMW prepares for talks with staff in wake of profit warning

BMW and staff representatives are preparing for talks after the German premium carmaker issued a profit warning this week and said it would accelerate

BMW prepares for talks with staff in wake of profit warning
Business|Economy|Finance|Stock Markets

CarMax shares fall after CEO flags high costs, operational shortcomings

CarMax shares fell more than 7.5% on Wednesday as CEO Keith Barr flagged elevated costs and operational shortcomings, after the used-car retailer posted a dip in

CarMax shares fall after CEO flags high costs, operational shortcomings
Business|Economy|Technology|World

JLR's profit recovery plan disappoints investors despite US growth push

Jaguar Land Rover will prioritise growth in the U.S. as it seeks to counter weakness in its traditional stronghold of China, but will deliver only a 4%

JLR's profit recovery plan disappoints investors despite US growth push
Business|Economy|Environment|Health|Technology

Ford to recall more than 255,400 US vehicles over engine issue

Ford is recalling 255,404 vehicles in the U.S. over an issue with the canister purge valve, which may malfunction, causing the engine to stall unexpectedly while driving, the U.S.

Ford to recall more than 255,400 US vehicles over engine issue
Business|Economy|Environment|Europe|World

Volkswagen to reduce workforce by 19,000 by end of year, CEO says

Volkswagen is pressing ahead with sweeping job cuts and cost reductions in Germany as planned, shrinking its workforce by 19,000 by the end of the year, CEO Oliver Blume is

Volkswagen to reduce workforce by 19,000 by end of year, CEO says
Business|Economy|Technology|World

China's Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push

China's northeastern city of Changchun, home to the country's oldest automaker FAW Group, has released a draft plan through 2030 to revamp its decades-old auto sector,

China's Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push
Business|Economy|Europe|Technology

BYD looking to take over existing factory for second European EV plant, executive says

Chinese electric vehicle maker BYD is looking to take over an existing factory in southern Europe for its second assembly plant on the continent, with

BYD looking to take over existing factory for second European EV plant, executive says
Business|Technology|World

Porsche won't produce fully electric 911, dpa cites CEO as saying

Porsche will not produce a fully electric version of the 911 sports car, Porsche CEO Michael Leiters said at an event hosted by the magazine "Auto, Motor und Sport", news

Porsche won't produce fully electric 911, dpa cites CEO as saying
Business|Economy|Technology|World

How Honda’s old guard tried, and failed, to oust its CEO

Late last year, a handful of retired Honda Motor executives started meeting privately to discuss the Japanese

How Honda’s old guard tried, and failed, to oust its CEO
Business|Economy|Environment|Europe|Technology

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year

Fiat will start sales of its Grizzly mid-sized SUV and Grizzly Fastback model in the second half of this year in Europe, the Middle East and Africa, with plans to expand to

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year
Business|Economy|Technology|World

Tesla extends Chinese-made EV growth as sales surge in May

Tesla's Chinese-made electric vehicle sales jumped 39.4% from a year earlier in May, marking a seventh consecutive month of growth as it held its ground against Chinese

Tesla extends Chinese-made EV growth as sales surge in May