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First Shift: Tesla's Musk makes $43B bid for Twitter
• Tesla's Musk makes $43B bid for Twitter
• VinFast outlines U.S. battery leasing program
• VW Group expects Q1 profit jump
• Stellantis bullish on U.S. market
• Tesla racism verdict reduced
• Chrysler's Airflow concept
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Tesla racism case award slashed
A federal judge cut to $15 million a staggering $137 million in damages awarded by a jury in a racial discrimination case against Tesla Inc. over abusive conduct toward a former elevator operator at its northern California factory.
U.S.…
Toyota to leverage 67-year-old Crown nameplate with SUV model, report says
TOKYO — Toyota Motor Corp. plans to launch a SUV version of the Crown sedan for Japan, China and North America, three people said, revamping a nameplate that has been a showpiece of Japan's market for nearly seven decades.
The SUV —…
VW first-quarter profits rise | Automotive News
VW has forward contracts and swaps for aluminum, copper, coal and lead for up to six years ahead, and nickel hedges stretching out nine years, alongside price protection on platinum, palladium and rhodium.
Its largest commodity hedges…
EV maker VinFast sets battery-lease pricing in U.S.
VinFast also announced more detailed pricing for the VF 8 and VF 9, with two different battery options. Previously, it had announced pricing for only the big-battery version.For the VF 8, prices, excluding shipping, start at $40,700 for…
Stellantis expects sales growth, confirms margin forecast
Stellantis CEO Carlos Tavares on Wednesday took a bullish stance on the U.S. market despite rising fears of a downturn.
Speaking at the automaker's annual shareholders' meeting, Tavares said Stellantis was confirming its forecast for…
Carvana, Wells Fargo among car loan share gainers
Experian's top 5 used-vehicle lender rankings held relatively steady, with Capital One Auto Finance, Ally Financial, Wells Fargo Auto and Chase Auto continuing to hold the top four spots in that order, though Chase fell by more than…
Carvana, Wells Fargo among auto loan share gainers
Experian's top 5 used-vehicle lender rankings held relatively steady, with Capital One Auto Finance, Ally Financial, Wells Fargo Auto and Chase Auto continuing to hold the top four spots in that order, though Chase fell by more than…
Ford F-150 Lightning EV to launch April 26
DETROIT — Ford Motor Co. will launch its F-150 Lightning electric pickup April 26, CEO Jim Farley said Wednesday on Twitter.
The automaker plans an event that day at the Rouge Electric Vehicle Center in Michigan to celebrate the…
Hyundai EV, battery plant will be built in U.S.
NEW YORK — Hyundai Motor Co. will build an assembly plant in the U.S. for electric vehicles and batteries, COO Jose Muñoz said Wednesday at the New York International Auto Show.
The new plant is part of Hyundai Motor Group's $7.4…