Automobile

Electric Last Mile Solutions Inc. warned Friday it may run out of cash in June, at least one month sooner than previously projected, unless it can raise additional capital. The latest projections reflect higher costs in a number of…

"From a user standpoint, it might be too much of a compromise. We won't know that yet until it really propagates out here in the Western market." LFP batteries, which also fall under the lithium ion umbrella, are already powering a…

Teton Motors' 12 rental units range from a studio to a three-bedroom apartment. Auge declined to say how much employees pay monthly in rent but did describe it as "anywhere from 40 to 60 percent under market."In the fourth quarter of…

Tundra SX: This new trim level slotted between the SR5 and Limited features dark gray 18-inch alloy wheels and black instead of body-color exterior trim, as well as black interior accents.Tacoma: Toyota will add two packages to the…

Diess this week was in Davos, Switzerland, committing to have a site chosen by the end of this year for a multibillion-dollar U.S. assembly plant and likely an accompanying battery plant. At the same time, his VW dealers in the U.S. and…

Brockman was indicted in October 2020 on 39 counts, including tax evasion, wire fraud, money laundering and evidence tampering. He has pleaded not guilty and stepped down from his roles as Reynolds' chairman and CEO in November…

DETROIT-- General Motors' next vice president of global workplace safety will rejoin the automaker after 18 months at Amazon. Marcos Purty will take on the role, effective June 1, replacing Jim Glynn, who will retire after more than 40…

A federal judge has determined that former Reynolds and Reynolds Co. CEO Bob Brockman is competent to stand trial on multiple criminal charges related to allegations of tax evasion. Brockman, 80, was charged in October 2020 with 39…

“This is an important time for our growing business, all of which is happening in an extremely challenging environment,” Scaringe wrote. “We are well-positioned for long-term success, but we must continuously evaluate how we operate.”…

The U.S. Securities and Exchange Commission is looking into Elon Musk's disclosure of his stake in Twitter Inc. in early April, according to a letter the agency sent to him in April. In the letter, now made public by the SEC, the…