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Automobile
PHOTO PAGE: Rivian ready for big things
In this photo page, Automotive News spends time at Rivian's Normal, Ill., factory, as it ramps up production of its R1T pickup, R1S SUV and EDV electric delivery vans for Amazon. The maker is being held back by parts shortages.
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AutoNation first-quarter net income soars
Auto retail giant AutoNation Inc.'s first-quarter net income surged on higher used-vehicle sales and revenue, jumps in parts and service revenues and gross profits per new-vehicle that more than doubled, all of which was more than…
First Shift: Tesla's Q1 profits surge to $3.3B
• Tesla's Q1 profits surge to $3.3B; Musk: Rapid growth to continue; Robotaxi coming in 2024
• Lincoln's electric vehicle concept
• Carvana's sales volume sinks
• Stellantis-LG partnership
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Ford recalls nearly 653,000 pickups, SUVs for windshield wipers that might break
WASHINGTON — Ford Motor Co. is recalling nearly 653,000 pickups and SUVs in the U.S. because the windshield wiper arms could break.
The affected vehicles are certain 2020-21 Ford F-150 pickups and Expedition SUVs; 2020-22 Super Duty…
Dan O’Dowd, California tech CEO running for U.S. Senate, wants to ban Tesla’s Full-Self…
WASHINGTON — A California tech mogul running for U.S. Senate is targeting Tesla Inc.'s Full Self-Driving beta software in a nationwide ad campaign to ban the system from U.S. roads.
Dan O'Dowd, founder and CEO of Green Hills Software,…
Continental lowers earnings forecast | Automotive News
"Negative effects from cost inflation for key inputs.... as well as energy and logistics... are becoming significantly more material," the supplier said in a statement on preliminary first-quarter results.
"In the event the geopolitical…
Lincoln Star concept heralds 3 EVs due by 2025
The concept is built on Ford's new rear-wheel-drive/all-wheel-drive EV platform and roughly the size of an Aviator crossover, although it was designed with two rows instead of three to give occupants more space. "It's a new species of…
Tesla’s strong Q1 report helps add $23 billion to Elon Musk’s compensation
With Tesla's strong quarterly report on Wednesday, Chief Executive Elon Musk has scored a hat trick of performance goals worth a combined $23 billion in new compensation. The world's most valuable carmaker posted March quarter revenue…
Carvana saw hindered sales volume growth in ‘challenging’ Q1
Carvana Co. said Wednesday that it sold fewer vehicles than it had planned for in the first quarter of 2022, which led to higher costs and lower profit per vehicle.
The online used-vehicle retailer sold 105,185 vehicles in the first…
Musk expects volume production of new Tesla ‘robotaxi’ by 2024 after record Q1 earnings
On Wednesday, Musk said that he expects the automaker's sales volume to increase by its stated goal of 50 percent a year into the foreseeable future, and growth could hit 60 percent this year despite a recent weeks-long shutdown at its…