US auto giants Ford and General Motors also recently announced multibillion-dollar write-downs as they pull back on EVs.

Ford recalls 4.3 million vehicles over a software problem that could cause trailer brake failure and a loss of exterior ...

Stellantis reported a $26.3 billion net loss for 2025, and no profit-sharing for union workers, blaming an overeager EV ...

Ford Motor Company has issued a massive recall in the U.S. for over 4.3 million pickup trucks and SUVs over a software error ...

Chery’s KP31 brings something midsize trucks have never had before: a diesel plug-in hybrid.

Uber has announced plans to launch flying air taxi rides in Dubai later this year, allowing riders to book flights inside the Uber app.

Overhanging that massive spending, however, is the issue of demand for EVs, or more precisely, the lack of it. In 2025, Rivian said it sold 25,000 EVs in the U.S., far below estimates of 40,000 to 51, ...

The automaker failed to generate enough profit in its North American operations to meet the target required under its labor agreement.

Ford CEO Jim Farley has high hopes for its forthcoming, and quite possibly revolutionary, Universal Electric Vehicle.