Tesla says Q1 net income, revenues surged
Elon Musk’s EV company reported first-quarter net income of $3.32 billion compared with a profit of $438 million a year earlier.
Toyota, Lexus recall more than 458,000 vehicles for stability control software glitch
The recall covers certain 2022 Lexus LX 600, NX 350, NX 450h+ and Toyota RAV4 vehicles; 2021-22 Lexus LS 500 and Toyota Mirai, RAV4 Prime, Sienna and Venza vehicles; and the 2020-22 Toyota Highlander Hybrid.
Ex-Ferrari tech chief eyed for McLaren CEO post, report says
Michael Leiters, who stepped down from Ferrari, is said to be a candidate for the top job at rival supercar maker McLaren.
Lithia Motors' net income more than doubled in Q1
Lithia Motors’ net income soared 119 percent in the first quarter, aided by increased new-vehicle and used-vehicle sales and higher vehicle selling prices.
BMW 7 Series gets ultraluxe makeover, new EV model
2023 BMW 7 Series will arrive in U.S. in fourth quarter with more powerful V-8 engine, a loungelike interior and advanced driver-assist technology. Preorders for the i7, which starts at $120,295, have opened.