Automobile

Amazon.com Inc, an early backer of Rivian Automotive, now owns about a fifth of the electric-truck maker, the e-commerce giant disclosed in a quarterly filing on Friday. Ford Motor Co, which has a strategic relationship with...

Swedish car company Volvo is now valued at more than $22bn (£16bn) after its shares jumped in the first hours of trading of its market debut. Volvo, majority-owned by Chinese firm Geely, offered up shares in...

Renault said on Friday it would cut output by 500,000 cars this year, more than double its previous forecast due to a crippling global semiconductor shortage, but maintained its profit outlook helped by higher car prices...

Tesla Inc has increased the price of its Model X Long Range and Model S Long Range variants by $5,000, the electric-car maker’s website showed on Saturday. The Model X Long Range and Model S Long...

Electric car maker Tesla has brushed off supply chain issues and the global microchip shortage to report record quarterly sales and profits. Revenues rose to $13.76bn in the third quarter of the year, up from $8.77bn...

Tesla chief Elon Musk told investors on Thursday that the leading electric vehicle maker is moving its headquarters from Silicon Valley to Texas, where it is building a plant. “I’m excited to announce that we’re moving...

Japanese automaker Toyota Motor Corp outsold General Motors Co in the United States for the first nine months of 2021 as the Detroit automaker grappled with production problems stemming from the semiconductor chip shortage. Toyota during...

Tesla Inc said on Saturday it had delivered a record electric cars in the third quarter, beating Wall Street estimates after Chief Executive Elon Musk asked staff to “go super hardcore” to make a quarter-end delivery...

General Motors Co plans to position itself as a technology platform company that is as focused on software as it is on making electric vehicles when it meets with investors next week, including revealing a scheduled...

Electric truck maker Rivian Automotive, which currently sources batteries from South Korean supplier Samsung SDI, plans to build battery cells in-house, its filing for a U.S. initial public offering showed on Friday. The startup, backed by...