Category: Vehicles

February 14, 2020

Daimler AG is recalling almost 300,000 of its Mercedes-Benz cars because of fire hazards. Some E-Class and CLS diesel vehicles built between 2015 and 2019 are being brought back to the repair shop over concerns that moisture seeping into the […]

February 11, 2020

Daimler AG reported a net loss and a 1% increase in revenue in the fourth quarter as sales of cars and vans increased, while truck sales globally fell 16%. The mounting costs of shifting to electric vehicles and a large […]

February 4, 2020

Hyundai Motor Co. is halting production in South Korea this week because of a component shortage caused by the coronavirus, the first global automaker to suspend output outside China because of the outbreak. The carmaker has been hit by a […]

January 30, 2020

Tesla Inc. delivered a second straight quarter of blowout earnings and speedy execution, extending an unprecedented surge for its heavily shorted stock. The record revenue Tesla reported Jan. 29 beat estimates and carried the company to its fourth profit in […]

January 27, 2020

General Motors Co. affirmed plans to build electric pickups and SUVs at its Detroit-Hamtramck plant and scheduled the start of production for late next year. Output of electric Cruise Origin driverless vehicles will follow soon after the initial pickups roll […]

January 24, 2020

Volkswagen AG CEO Herbert Diess is preparing to muscle Elon Musk out of the electric-car lead. While Tesla Inc. is paving the way in sustainable mobility, the world’s biggest automaker is buying software companies and ramping up investments in electric […]

January 23, 2020

Toyota Motor Corp. had its credit outlook lowered by Moody’s Investors Service, showing even the world’s most valuable carmaker isn’t safe from turmoil in the industry. The outlook was changed to negative from stable, Moody’s said Jan. 23 in a […]

January 9, 2020

Investors should watch out for an impending recovery in global auto sales that will steal the limelight from the semiconductor industry and give some comfort to those expecting the global economy to kick up in 2020. That’s an observation from […]

January 3, 2020

Tesla sold 367,500 cars in 2019, a new record for the company, according to figures published to its website early on Friday morning. While that’s on the low end of the 360,000 to 400,000 vehicle estimate the company offered up […]

January 2, 2020

California has authorized the testing and commercial use of light-duty autonomous delivery vehicles on public roads. The California Department of Motor Vehicles announced Dec. 17 that, with an approved permit from the department, companies can operate autonomous delivery vehicles weighing […]