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Tesla’s Value Passes $100B, Pushes EV Maker Past VW

Tesla’s Value Passes $100B, Pushes EV Maker Past VW

Tesla Inc. sells more electric vehicles than all other EV sellers combined and enjoys a larger market capitalization than General Motors and Ford combined. So what’s next? Passing Volkswagen! The recent meteoric rise in the company’s stock – it’s more than doubled in...
New Vehicle Buyers Want Best Bang for the Buck

New Vehicle Buyers Want Best Bang for the Buck

Buying a new vehicle is exhilarating and exciting, but it can also be exhausting and maddening. Searching the internet is increasingly the go-to move for new car buyers, but almost no paperwork is signed until at least one trip to a dealership is made. New buyers like...
Honda, Toyota Recall 6M Vehicles Due to Airbags

Honda, Toyota Recall 6M Vehicles Due to Airbags

Japanese automakers Toyota and Honda are recalling 6 million vehicles to deal with two separate airbag issues, including some Takata airbags. Toyota will fix 3.4 million vehicles around the world with ZF airbags that may not inflate due to the problem. The problem is...
Rising Diesel Costs Help Cut Daimler Profits in Half

Rising Diesel Costs Help Cut Daimler Profits in Half

Daimler AG continues to deny cheating on emission tests despite the fact that the costs associated with its defense grows as the company’s operating income weakens. Daimler said Wednesday that it will set aside between 1.1 billion euros ($1.2 billion) and 1.5 billion...
Trump Renews Threat of 25% Tariffs on European Autos

Trump Renews Threat of 25% Tariffs on European Autos

Months after pulling back on plans to impose hefty tariffs on European auto imports, President Donald Trump again raised that threat during interviews at the World Economic Forum in Davos, Switzerland. In November, the administration let pass the deadline on enacting...
Tesla Reaches Deal to Sell, Service Vehicles in Michigan

Tesla Reaches Deal to Sell, Service Vehicles in Michigan

The home of the U.S. auto industry – Michigan – is now going to allow Tesla Inc. to sell and service its EVs after the company and the state hammered out a compromise. Michigan Attorney General Dana Nessel is expected announce Wednesday the plan that will allow the...
Tesla Denies Problems with Unintended Acceleration

Tesla Denies Problems with Unintended Acceleration

Tesla Inc. officials didn’t take long to deny accusations about unintended acceleration levied in a petition filed with the National Highway Traffic Safety Administration. The California-based EV maker says the claims are false, and are the work of one of the...