Automobile

Chinese automaker BYD unveiled the Shark, a mid-size hybrid-electric pickup truck, in Mexico on Tuesday, as its regional chief brushed off new U.S. tariff hikes on Chinese EVs, saying the company was not eyeing an entry...

Tesla plans to lay off an additional 601 employees in California, it said in a notice to the state government, as the automaker undertakes a series of job cuts globally that began a month ago amid...

Chinese smartphone maker Xiaomi has become the country’s eighth-largest electric vehicle upstart after selling more than 7,000 units of its first model, the SU7 sedan, in April, according to industry data. Xiaomi’s strong entry into China’s...

Chinese automakers engaged in a brutal pricing battle arrive in the nation’s capital on Thursday to kick off the Auto China show, hoping to grab attention and customers in the largest electric vehicle market globally as...

General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 5%.The Michigan automaker upped its adjusted pre-tax...

Shares of Tesla gained on Tuesday ahead of the electric car maker’s first-quarter results, with analysts expecting its lowest gross profit margin in more than six years due to price cuts and slowing demand.The stock rose...

Japanese automaker Honda will invest 4.2 billion reais ($807.74 million) in its Itirapina plant in Brazil by 2030, an executive said on Friday, adding the company aims to develop a hybrid-flex vehicle in the South American...

Lululemon Athletica will close its distribution center in the state of Washington at the end of the year and lay off more than 100 employees, the apparel retailer told Reuters on Friday. The Vancouver-based firm will...

Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. A trapped accelerator...

At a press presentation on Thursday in Beijing, the Chinese consumer tech company Xiaomi will introduce its very first electric vehicle (EV), entering a highly competitive field within the largest automobile market globally. Due in large...