Polestar Chairman Hakan Samuelsson to retire amid EV maker's leadership shuffle
Samuelsson has shepherded Polestar from its launch as an independent company and oversaw the EV maker’s initial public offering in 2022.
BMW's workhorse X3 crossover gets bold redesign
The 2025 BMW X3 starts at $50,675 including shipping. Deliveries of the U.S.-made crossover begin in the fourth quarter.
Fisker files for U.S. bankruptcy after cash burn, quality issues with Ocean crossover
The EV startup suffered from poor distribution of its Ocean crossover and quality issues. Fisker turned to franchised dealers for distribution and unsuccessfully sought a partnership with a major automaker.
'Is Toyota OK?' Shareholders criticize automaker amid ongoing scandal; Toyoda, board reappointed
Toyota shareholders at the annual meeting hit out at Toyota for its ongoing safety testing and certification scandal, grilled the board about its oversight of the business and even accused Chairman Akio Toyoda of treating motorsports as his personal “hobby.”
'We love Elon': Tesla shareholders bask in CEO's presence
Tesla fans at the company’s shareholder meeting congratulated Musk on the $56 billion pay package they just approved and thanked him for helping humanity.