Goodyear to Cut 500 Jobs, Warns of Earnings Shortfall
The tire maker is shedding roughly 5% of its salaried staff around the world, joining a raft of companies trimming...
Automotive
WSJ News Exclusive | Ford in Talks to Sell German Plant to China’s BYD
WSJ News ExclusiveBusinessA deal would mark a big step overseas for China’s electric-car industry Source link
Tesla, Microsoft Are Headlining First Busy Earnings Week of 2023
BusinessEarnings PreviewVerizon and Southwest also on tap as economists gauge effect of interest rates Source link
Elon Musk Flags Tweets’ Limitations in Tesla Trial
TechDefense has called Tesla CEO’s tweets on taking car maker private imperfect shorthand Source link
WSJ News Exclusive | GM, LG Scrap Plans to Partner on Fourth U.S. Battery Factory
A U.S. battery-cell factory that had been in the works between General Motors and LG Energy Solution has been shelved...
Elon Musk Trial Over Tesla Tweets Heads for Opening Statements
The shareholder lawsuit stems from 2018 tweets in which the billionaire CEO said, “Am considering taking Tesla private at $420....
GM’s New Hybrid Corvette Will Be Its Fastest Yet
BusinessAutos & TransportationAutos IndustrySports car will go on sale later this year, with a starting price of just over $104,000...
EVs Made Up 10% of All New Cars Sold Last Year
The increase, driven by China and Europe, provided relief to a broader car market that suffered from economic worries, inflation...
Tesla Cuts Prices Across Models Sold in U.S.
The price adjustments could allow some buyers to qualify for a $7,500 U.S. electric-vehicle tax credit Source link
U.S. Flight Disruptions Mount After FAA Grounding Order Ends
Updated Jan. 11, 2023 7:56 pm ETListen to article(2 minutes)An outage with a federal pilot-alert system cascaded into a nationwide...
WSJ News Exclusive | Several Top Rivian Executives Depart the Electric-Vehicle Startup
The departures of executives, including Rivian’s supply-chain head, have come amid the company missing 2022 production targets. Source link
China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled
Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as traditional-car sales slipped 13%. Source link
Elon Musk Seeks to Move Trial Over Tesla Tweets, Saying San Francisco Jurors Are Biased
TechBillionaire says negative local publicity surrounding his management of Twitter will prevent a fair trial Source link
The Future of Car Technology, as Seen at CES 2023
Color-changing cars. Flying taxis. And a gaming-style tablet that can steer a vehicle. Car companies descended on CES in Las...
U.S. Auto Sales in 2022 Worst in Over a Decade
BusinessAutos & TransportationAutos IndustryGM bucked last year’s industry declines to regain U.S. sales crown from Toyota Source link
Tesla Stock Falls 12%, Posting Worst Drop in Over Two Years
Wall Street resets 2023 vehicle-delivery expectations after last year’s numbers fell short. Source link
Elon Musk’s Tesla Comes Up Short of 2022 Delivery Target as Growth Slows
BusinessElectric car maker falls short of its initial goal of increasing annual deliveries by 50% or more last year Source...
Tesla Stock Fell 65% in 2022, Its Biggest-Ever Annual Decline
Tesla Inc. closed the worst year in the stock’s history, having lost more than $700 billion in market valuation amid...
U.S. Moves to Appease Allies on EV Subsidies
BusinessAutos & TransportationAutos IndustryElectric vehicles assembled outside North America could qualify for subsidies if purchased for lease by businesses Source...
With New EVs Arriving, Brand Loyalty Goes Out the Window
As more car makers roll out electric vehicles, they are discovering that early customers are far more apt to try...
