For GM, no sign of fading pricing power or demand in Q1 earnings report
The automaker’s first-quarter net income of $2.9 billion was only 2.7 percent lower than a year earlier, despite $2.5 billion in higher costs, as global revenue rose 11 percent.
College students get keys for a Cadillac Lyriq EV in latest chapter of EcoCar competitions
Each of the 15 universities will be given a 2023 Cadillac Lyriq EV and challenged to optimize the vehicle’s efficiency and enhance its propulsion system while maintaining performance
How Lucid Group's CEO pocketed more than $260 million last year
A short-lived surge in Lucid Group Inc.’s share price last year allowed the company’s CEO to collect more than $260 million in performance-based awards.Shares of the electric automaker, founded in 2007, have since plunged by two-thirds.
Magna Q1 earnings: Net income fell 41% amid microchip, inflation, war disruption
Magna reported that net income plunged 41 percent to $364 million in the quarter ended March 31, down from $615 million in the same period a year earlier.
Tesla faces NHTSA recall of 48,000 U.S. vehicles because speed display disappears in 'track mode'
NHTSA said the vehicles do not comply with a federal motor vehicle safety standard and if drivers do not know how fast they are traveling it could increase the risk of a crash.