GM restarts driverless car program more than a year after Cruise robotaxi incident
GM revives driverless car program with focus on personal vehicles instead of robotaxis after pausing Cruise operations due to 2023 safety incident.
Ford invests $5B in Kentucky and Michigan plants for new 'affordable' electric pickup truck production
Ford's CEO says the auto maker's latest multi-billion dollar investment is moving "completely different than" Henry Ford's centuries-old assembly line.
Tesla grants Musk massive pay deal to keep CEO on board amid legal battle
Tesla granted CEO Elon Musk a new $29 billion pay deal with 96 million shares to retain him as the company pivots from making electric vehicles to robotaxis and humanoid robots.
Kia issues recalls over loose parts creating possible roadway hazards, over 300K vehicles impacted
Kia is recalling 2023-2025 K5 sedans and Telluride SUVS over the potential detachment of window garnish panels and door belt moldings, according to NHTSA.
Tesla ordered to pay millions in damages after jury finds automaker partly responsible for fatal 2019 crash
Tesla has been found partly responsible for a deadly 2019 crash, and a federal jury ordered the automaker to pay more than $242 million in damages.
GM Corvettes shatter American speed records at legendary racetrack
Chevrolet Corvettes become fastest American cars at Nürburgring as engineer Drew Cattell posts 6:49.275 lap time in 1,250-horsepower ZR1X on Germany's famous track
GM's Corvettes break record on world famous track
GM Corvettes shatter American speed records at legendary German Nürburgring racetrack
Jaguar CEO steps down after 'woke' rebrand sparked massive social media firestorm
Adrian Mardell is resigning as Jaguar CEO months after the automaker's polarizing ad campaign featuring androgynous models drew comparisons to Bud Light's controversy.
Ford recalls 312K trucks and SUVs over brake failure risk that increases crash danger
NHTSA announces Ford recall affecting 312,120 vehicles with faulty power brake assist that can extend stopping distance and cause unexpected braking issues.
Trump's $500B economic windfall: Japan trade deal 'largest in history'
'The Big Money Show' panel breaks down President Donald Trump's latest trade deal.
Fox Business Briefs 7/22
GM profit shrinks despite stronger sales; Coca-Cola will launch a new version of Coke using cane sugar; Target Announces "Back-to-School-idays" savings event.
GM profit shrinks despite stronger sales
Automaker General Motors posted a 12% sales gain through the first half of year while working to mitigate the effects of President Donald Trump's tariffs.
Bet on Elon Musk to successfully pivot to robotics, expert says
Circle Squared Alternative Investments founder Jeff Sica analyzes Tesla and Alphabet on 'Varney & Co.'
Ford issues recall for more than 694,000 Bronco Sport, Escape vehicles for fuel injector defect
A recall is underway for over 694,000 Ford Bronco Sport and Escape vehicles due to a potential issue with their fuel injectors that could pose a fire risk.
Uber partners with Chinese tech giant to roll out driverless vehicles across multiple global markets
Uber and Baidu join forces in the self-driving taxi market, combining Uber's network with Baidu's Apollo Go robotaxi fleet that has completed over 11 million rides across 15 cities.
The 'big, beautiful, bill' includes a car loan interest tax deduction. Do you qualify?
The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan interest of up to $10,000 annually for qualified vehicles.
Tesla vehicles to get Grok AI chatbot starting next week, Musk says
Billionaire Elon Musk announced that Grok, a generative artificial intelligence chatbot, will be available in Tesla vehicles starting next week "at the latest."
Ford and Lincoln recall over 850K cars, trucks and SUVs over potential fuel pump failure
A recall is underway for over 850,000 Ford and Lincoln vehicles that could have an issue with their low-pressure fuel pump that could cause engine stalls.
Nissan issues massive recall as faulty part threatens engine failure
Nissan is recalling nearly 443,900 vehicles across certain models under its namesake and Infiniti brands in the U.S. over a faulty part that could cause their engines to fail.
Fox Business Briefs 6/30
Nissan seeks to delay supplier payments to free up cash; Fed: banks well-positioned to withstand economic downturn; Cruise passengers will be charged $5 fee at Mexican ports; Analysts at Jeffries are more optimistic about Disney.