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Automobile
Rivian names chief sustainability officer as EV startup ramps production
EV startup Rivian Automotive has named its first chief sustainability officer, Anisa Kamadoli Costa, who will oversee the automaker's climate goals, including carbon neutrality in its own operations by 2028.
Costa most recently held the…
California proposal calls for EVs to make up nearly 70 percent of new-vehicle sales by 2030
WASHINGTON — California is calling for zero-emission vehicles, including plug-in hybrids, to make up nearly 70 percent of new-vehicle sales by 2030, as part of an aggressive timeline set by the state to phase out the sale of new…
Are GM, Stellantis car buyers more vulnerable to rising interest rates?
A Cox Automotive analysis of new-vehicle sale prices and average interest rates suggests certain General Motors and Stellantis brands have the greatest exposure to higher rates.Cox's assessment March 28 came about two weeks after the…
Ram plans to unveil electric 1500 concept this year
NEW YORK — Ram plans to unveil a concept of its electric 1500 pickup this year.
The Stellantis truck brand has shown a few images of what its first battery-electric pickup could look like, but it's preparing to take the next step with a…
Would Elon Musk sell Tesla shares to pay for $43 billion Twitter acquisition?
Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley were three of the banks that provided Musk personal loans, according to a 2020 Tesla filing. He has hired Morgan Stanley to advise on the Twitter bid, and his family…
Bob Brockman’s cognitive function has deteriorated, his lawyers say
Lawyers for Bob Brockman say his cognitive functioning has deteriorated after a recent illness and the former Reynolds and Reynolds Co. CEO is not competent to stand trial on federal charges of tax evasion and wire fraud.
Brockman, 80,…
Tesla adds more U.S. vehicles to prior recall over pedestrian warning risk sounds
WASHINGTON — Tesla Inc. is adding more U.S. vehicles to a prior recall because of an issue that may cause the pedestrian warning system sounds to be obscured, increasing the risk of a crash.
The electric vehicle maker in February…
Tesla adds more U.S. vehicles to prior recall over pedestrian warning sounds
In a new recall report submitted April 12 to NHTSA, Tesla said the recall now covers more than 594,700 2020-22 Model S, Model X and Model Y vehicles and certain 2017-22 Model 3 vehicles built or retrofitted with the pedestrian warning…
Tesla shares slip as investors worry about distracted Musk
Tesla Inc. shares slipped in early trading as investors absorbed the prospect of a new distraction for CEO Elon Musk.
Musk’s unsolicited $43 billion takeover bid to take Twitter Inc. private is the first time he has attempted to buy a…
GMC Canyon getting high-end off-road AT4X trim
DETROIT — GMC's next-generation Canyon will include high-end features and off-road capability as the brand adds its new AT4X trim to the midsize pickup.
GMC teased the updated Canyon on Thursday, ahead of a full reveal this summer.
The…