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Rivian to reportedly lay off more than 600 workers
Electric vehicle maker Rivian, which plans a corporate hub and a $5 billion EV factory in Georgia, reportedly plans to lay off more than 600 workers as it looks to trim costs.
The Wall Street Journal reported Rivian plans to cut about 4% of its total workforce, which at the end of last year was nearly 15,000 people. The company is looking to ...Read more
Musk hijacks Tesla earnings call to vouch for $1 trillion pay plan
Elon Musk, the world’s richest person, spent the end of Tesla Inc.’s earnings call pleading with investors to approve his $1 trillion pay package and blasting the shareholder advisory firms that have come out against the proposal.
“There needs to be enough voting control to give a strong influence, but not not so much that I can’t be ...Read more
GM's high-tech pitch: Eyes-off self-driving cars, new battery chemistry
NEW YORK — General Motors Co. unveiled plans Wednesday to offer eyes-off autonomous driving in the battery-powered Cadillac Escalade IQ SUV beginning in 2028 as the Detroit automaker seeks to recast itself for the 21st century.
The announcement at a swanky, invite-only event in midtown Manhattan is part of a broader pitch that GM is a tech ...Read more
Driverless Waymo taxis under investigation after failing to stop for a school bus
Around 2,000 Waymo vehicles are under investigation after reports of one of the self-driving taxis navigating around a school bus while children disembarked.
The National Highway Traffic Safety Administration opened a preliminary investigation Friday to examine the performance of Waymo's autonomous technology around stopped school buses and how...Read more
GM outperforms Wall Street expectations in latest quarter despite tariffs, EV pullback
General Motors Co. brought in $3.4 billion in net profits before taxes and close to $49 billion in total revenue over the last several months, beating Wall Street expectations.
Per share, that's earnings of $2.80. Analysts expected revenue of about $44 billion and earnings of $2.26 per share between July and October, according to consensus ...Read more
Here's why used EV prices are in line with pre-owned gas-powered cars
Heavy discounts on new electric vehicles and buyer skepticism about their durability continue to push down used EV prices, which experts say has opened up a traditionally pricey market to more U.S. drivers.
While new EVs on average cost $9,000 more than similar gas models, prices on used EVs now are competitive with their internal combustion ...Read more
Trump extends auto tariff offsets, details duties on medium- and heavy-duty trucks
The White House on Friday extended to five years an arrangement that eases tariffs on automakers assembling vehicles in the United States and provided details on a 25% tariff on medium- and heavy-duty trucks set to take effect Nov. 1.
The extension of offsets that allow automakers to reduce what they pay in tariffs on imported car parts ...Read more
Auto review: Checking boxes with the 2025 Audi Q5
Audi enters Grasso’s Garage for the first time this year with its historically proven 2025 Audi Q5, a mid-size luxury five-seat SUV. Wrapped in Navarra Blue Metallic, our Q5 Prestige Quattro tester was appealing, comfortable and sporty.
Powering the Audi Q5 is a 2.0-liter TFSI inline four-cylinder engine, paired with a seven-speed S-tronic ...Read more
Auto review: In a noisy world, the 2025 Honda Civic Sport Hatchback is quietly exceptional
The 2025 Honda Civic Sport Hatchback is not a Ferrari, not a Bentley, not a Porsche. It’s a Civic. A hatchback. There’s something deeply comforting about its continued existence even as too many buyers opt for SUVs big enough to blot out the sun, pickup trucks tall enough to require a Sherpa, and luxury EVs that glow like radioactive ...Read more
Auto review: Road trippin' in the big, bold, boosted BMW X3
GAYLORD, Michigan — I made an easy drive this fall up Interstate 75 to Charlevoix. Cruising on adaptive cruise control at 80 mph, listening to Sirius XM. Navigating Google Maps on a jumbotron screen while taking in the fall colors. I could have been in any compact SUV.
But as I exited at Gaylord onto the challenging M-32 twisties, I selected ...Read more
Collaboration sustains auto suppliers amid tariffs, but challenges loom
WASHINGTON — Automotive suppliers have so far been able to weather the storms of tariffs, high interest rates and a rocky transition to electric vehicles, but industry experts said they aren't sure how long business can go on before major disruptions or even bankruptcies start to emerge.
"All of the Tier 1 (suppliers), everybody is nervous. ...Read more
Stellantis investing $600M to reopen Belvidere plant to build Jeep Cherokee and Compass
Stellantis announced plans Tuesday to invest in production facilities across four Midwest states — including the idled Belvidere plant in Illinois — to roll out new lines and increase U.S. production by 50% over the next four years.
The largest single investment in the company’s 100-year history will gear up plants in Illinois, Michigan, ...Read more
Look out, Uber. The future looks a lot more like Waymo
There’s something fundamentally American about the freedom to get in your car and drive.
Driving is self-determination. The liberty to set your own course. The power to move under your own willpower, whether for duty or sheer pleasure. Despite some decline among Gen Zers, plenty of teens still eagerly anticipate getting their driver’s ...Read more
Stellantis investing $13B in US to boost production
Stellantis NV plans to pump $13 billion into its U.S. operations over the next four years in what the transatlantic automaker says is the largest investment in its history.
The investment supports the introduction of five new vehicles, an all-new four-cylinder engine and more than 5,000 jobs at its facilities in Michigan, Ohio, Illinois and ...Read more
GM reports $1.6B hit from now-unused EV investments
General Motors Co. on Tuesday reported that it sunk roughly $1.6 billion into electric vehicle manufacturing capacity that it no longer is using because of shifting federal auto policies under President Donald Trump.
GM reported the loss to the Securities and Exchange Commission as what's known as an impairment charge. Impairment charges ...Read more
GM ends work on hydrogen fuel cells for everyday driving, scraps planned Detroit plant
General Motors Co. is scrapping plans for a factory in Detroit as part of a broader decision to end development of hydrogen fuel cells for everyday drivers, the automaker said Friday.
Salaried workers, primarily in Pontiac, were laid off Friday morning as part of the closure of GM's Hydrotec brand, spokesperson Stu Fowle said. Fowle declined to...Read more
Ford taps former GM global product lead in leadership change-up
Ford Motor Co. on Friday said it has added a former General Motors Co. executive to lead its product development, among a number of other executive changes.
Jim Baumbick, vice president of advanced product development, cycle planning and program, will lead the strategic direction of Ford Europe as its president starting Nov. 1. Replacing him on...Read more
Auto review: 2025 Acura ZDX is back with EV revenge
As someone who owned an original Acura ZDX back in 2010, I believe the historically ugly crossover SUV failed due to its futuristic design and coupe-like tail, which was years ahead of its time. Now consumers love coupe-shaped SUVs and are gaga for the German automakers' stylish designs.
The ZDX name plate is back for 2025, but this time as an...Read more
Auto review: 2025 Ford Maverick Lobo is a sport truck lightweight that makes small feel big
The 2025 Ford Maverick Lobo isn’t a big truck. Nope, the Lobo is small, at least by modern truck standards. That means it’s about the size of an old Ford F-150 from the Clinton administration or a Chevy Silverado from the Reagan years. And because the full-size American pickup truck has supersized along with the American waistline, the ...Read more
Ford joins GM in dropping scheme to extend EV credit
Ford Motor Co. on Thursday said it won't file for federal plug-in vehicle tax credits for transactions after the program's deadline, following a similar decision by General Motors Co.
The Dearborn automaker will continue to offer its current lease rates to customers, but will not claim the tax credit of up to $7,500. The incentive ended on Sept...Read more
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