Automobile

Tesla Inc Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company’s revenue missed Wall Street estimates. The...

Siemens has signed a deal a with a joint venture of Stellantis, Mercedes Benz and TotalEnergies to supply equipment and technology for electric vehicle battery plants, the German engineering company said on Thursday. The joint venture...

Volkswagen’s software unit Cariad will spend more than $2 billion and take a 60% stake in a new venture with Chinese technology firm Horizon Robotics, it said on Thursday, tackling two big challenges: software and the...

US electric van and truck manufacturer Rivian on Friday ordered a voluntary emergency recall of most of its vehicles due to a problem with the steering system. In a letter sent to the company’s customers and...

Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as possible, ideally to 15%, and may consider raising funds to buy back the shares, a...

New vehicle deliveries by Tesla increased in the third quarter, beating the previous three months during which its Chinese factory was shuttered for multiple weeks, the US electric automaker announced on Sunday. Between July and September,...

Tesla plans to push global production of its top-selling Model Y and Model 3 electric vehicles sharply higher in the fourth quarter and build on that growth in 2023 as newer factories in Austin and Berlin...

Luxury sports carmaker Porsche will debut on the Frankfurt stock exchange Thursday in one of Europe’s biggest listings in years, hoping its brand power can attract investors despite market turbulence. Even as stocks worldwide suffer from...

BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales growth in 2023, chief financial officer (CFO) Nicolas Peter said in a roundtable on Monday. Demand...

Volkswagen announced on Monday a $2.9 billion battery parts joint venture with Belgian materials firm Umicore, becoming the latest European automaker to bring battery supplies closer to home in the shift towards electric vehicles. While raw...