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Automobile
Tesla says Q1 net income, revenues surged
Tesla Inc. said net income and revenues surged after the EV maker delivered record units at higher prices.
The company led by Elon Musk posted first-quarter net income of $3.32 billion compared with a profit of $438 million a year…
Toyota, Lexus recall more than 458,000 vehicles for stability control software glitch
WASHINGTON — Toyota and its luxury brand, Lexus, are recalling more than 458,000 vehicles to fix a software glitch that can deactivate the electronic stability control system, increasing the risk of a crash.
The recall covers certain…
Ex-Ferrari tech chief eyed for McLaren CEO post, report says
McLaren Automotive is considering hiring Michael Leiters, the former head of technology at Ferrari, as its next CEO, according to people familiar with the matter.
Leiters stepped down from Ferrari in December as part of a leadership…
Lithia Motors’ net income more than doubled in Q1
Lithia Motors Inc.'s first quarter net income more than doubled, soaring 119 percent to $342 million as the expanding retailer saw increases in new- and used-vehicle sales, strong gross profit per vehicle and rising average vehicle…
Lithia Motors’ net income more than doubled in Q1
Lithia Motors Inc.'s first-quarter net income more than doubled, soaring 119 percent to $342 million as the expanding retailer saw increases in new-vehicle and used-vehicle sales, strong gross profit per vehicle and rising average…
First Shift: Lexus' first electric crossover combines power with utility
• Lexus' first electric crossover combines power with utility
• Tesla discloses federal probe
• Europe sales slump in March
• CarMax plans 10 new stores
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2023 BMW 7 series gets ultra-luxe makeover, new EV model
BMW's flagship sedan receives an ultraluxe redesign — think Swarovsky crystal headlights and cashmere seats — and a six-figure sticker price.
The 2023 BMW 7 Series lineup will arrive in U.S. stores in the fourth quarter with a more…
Lexus’ new RZ 450e gives power, thrust to a family EV
TOKYO — The new RZ crossover propels Lexus into the all-electric age with a sporty family-friendly rocket that combines acceleration and responsive driving dynamics with everyday utility.
The dynamically styled midsize offering,…
Lexus’ 2023 RZ 450e gives power, thrust to a family EV
TOKYO — The new RZ crossover propels Lexus into the all-electric age with a sporty family-friendly rocket that combines acceleration and responsive driving dynamics with everyday utility.
The dynamically styled midsize offering,…
Conti restarts tire production in Russia to protect local workers
"In order to protect our employees in Russia from prosecution, we are temporarily resuming the production of passenger tires for the local market at our tire plant in Kaluga if necessary," the supplier said.
"The basis for this step is…