Charging issues, pricing prompt more shoppers to avoid EVs
The share of new-vehicle shoppers who say they are very unlikely to purchase an EV has ticked up over the past three months.
Continental manager admits involvement in diesel scandal and incriminates others, prosecutors say
The unnamed technical project manager is one of a total of 60 people under investigation for aiding and abetting fraud and breach of trust over the illegal use of defeat devices in VW diesel vehicles.
Auto retail giant Lithia Motors says it cut about 1,000 jobs
Auto retail giant Lithia Motors Inc. told analysts last week that it cut about 1,000 positions.
Musk meets with Schumer as Senate looks into artificial intelligence
Artificial intelligence has been a focus of research for years, from Silicon Valley to the Pentagon and globally. Now, Senate Majority Leader Chuck Schumer, a New York Democrat, is considering legislation to regulate AI.
Hertz results show revenue increase with strong rental car demand
Demand for rentals remains strong as more companies mandate work from office and people resume their travel plans after a long pandemic-induced hiatus.