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Tesla CEO Elon Musk says he is terminating $44 billion Twitter deal
Tesla Inc. CEO Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc., citing a material breach of multiple provisions of the agreement.
The announcement likely brings to an end a will-he-won't-he saga after…
Tesla CEO Elon Musk says he is terminating $44 billion Twitter deal; litigation likely
Tesla Inc. CEO Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc., citing a material breach of multiple provisions of the agreement.
The announcement likely brings to an end a will-he-won't-he saga after…
California dealer agrees to $2.5 million settlement of ringless voicemail lawsuit
The Telephone Consumer Protection Act prohibits pre-recorded or automatic telephone dialing systems from contacting consumers without prior written consent. Dealerships have claimed the voicemails do not fall under the act, as they are…
Ford recalls 100,000 U.S. vehicles for fire risks, expands earlier recall
WASHINGTON -- Ford Motor Co. said on Friday it is issuing a new recall for 100,000 U.S. hybrid vehicles over fire risks, and expanding an earlier recall after a series of reported fires.
The new recall covers certain 2020 through 2022…
Wholesale used-vehicle prices fall in June, with smaller increases forecast for second half of 2022
Wholesale used-vehicle prices fell as anticipated in June, signaling the start of the seasonal summer cooldown in prices.
Cox Automotive said Friday that its Manheim Used Vehicle Value Index, which tracks vehicles sold at Manheim's U.S.…
Toyota Crown images reveal tall, crossover-inspired sedan, Japan patent filing shows
It is taller than expected, clearly crossover inspired and generally bulky but sporty, images of Toyota's forthcoming Crown sedan show.
Plans for a redesigned, hybrid edition of one of the most venerated nameplates in Japan were…
ZF names Holger Klein as its next CEO
Under Klein, ZF won new customers among established automakers and new entrants in China, ZF said, and was instrumental in positioning ZF as a systems, rather than components, supplier.
ZF is not publicly traded. The Zeppelin…
U.S. investigating fatal Tesla pedestrian crash in California
U.S. auto safety regulators have opened a special investigation into a fatal pedestrian crash in California involving a 2018 Tesla Model 3 where an advanced driver assistance system is suspected of use.
The National Highway Traffic…
NHTSA investigating two more fatal Tesla crashes in California, Florida
U.S. auto safety regulators have opened a special investigation into a fatal pedestrian crash in California involving a 2018 Tesla Model 3 where an advanced driver assistance system is suspected of use.
The National Highway Traffic…
First Shift: Deliveries improve in Q2 at Rivian
• Rivian ramp up
• VW stops Russian output
• Vinfast's EV battery partner
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