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GM surges, peers also gain, though some see declines amid market pressures.
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AAA study finds technology chokes at higher speeds, moving vehicles in its path at intersections.
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No-haggle prices and sizeable investments in charging infrastructure are required to sell the automaker’s electric vehicles.
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Ford, BMW say recycled fishing netting going into some parts. BMW says the material has a 25% lower carbon footprint.
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Gov. Gavin Newsom’s office tells reporters that the state’s power grid is on track to handle the influx of electric vehicles on California roads resulting from a new state ban on the sale of gasoline-powered cars here by 2035.
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Ford Motor Co., General Motors, and Rivian recently issued recalls that affect nearly 400,000 U.S. vehicles, reports the NHTSA.
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Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.
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Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.
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General Motors, Ford Motor and Stellantis may need to boost wages as they negotiate a four-year labor contract for 150,000 employees.
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