Elon Musk and Tesla report a profit for the first quarter, despite COVID-19

Apr 30, 2020
It's the automaker's third profitable quarter in a row.
Musk told investors Wednesday that the company is "pedal to the metal" on expansion right now.
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Automakers roll out incentives to woo uncertain consumers

Mar 24, 2020
Offers include seven-year interest-free loans and no payments for six months.
Automakers are offering deals, like six months of payment deferral, to entice people to buy during the global COVID-19 pandemic.
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How electric cars sparked GM's exodus from Australia, New Zealand and Thailand

Feb 17, 2020
It's part of a larger strategy to exit unprofitable markets.
A sign is viewed at the General Motors Detroit-Hamtramck Assembly as they announced the closing of multiple facilities including this one on November 26, 2018 in Detroit, Michigan.
JEFF KOWALSKY/AFP/Getty Images
Ford's Chicago Assembly Plant builds the Ford Explorer, Police Interceptor Utility and the Lincoln Aviator.
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UAW says its 49K members at GM plants will go on strike

Sep 15, 2019
After contract negotiations between the United Auto Workers Union and General Motors break down, strike action planned for midnight on Sunday.
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High stakes in automaker labor negotiations

Jul 15, 2019
The Big Three have a profitable decade behind them. But from changing consumer tastes to the advent of the autonomous car, threats loom on the horizon.
Bill Pugliano/Getty Images

Fiat Chrysler and Renault might be headed toward a merger

May 27, 2019
A team-up between the two companies could lead to a huge boost in production, but a decrease in demand for new cars is expected.
The logos of automobile companies (LtoR) Abarth, Lancia, Fiat, Alfa Romeo and Jeep are pictured at the entrance to the Fiat Chrysler Automobiles (FCA) at the Fiat Mirafiori car plant on May 27, 2019 in Turin, northern Italy. - French and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger.
MARCO BERTORELLO/AFP/Getty Images

For public good, not for profit.

U.S. automakers seek advantage at Shanghai Auto Show

Apr 18, 2019
American manufacturers are eager to win Chinese customers.
Ford Lincoln unveils a luxury SUV with seven seats at the Shanghai auto show. Other carmakers have pushed new SUVs and electric models to drive sales amid a slowdown in the industry.
Jennifer Pak/Marketplace

Electric vehicles in the spotlight at Shanghai Auto Show

Apr 18, 2019
Electric cars are drawing attention and Chinese automakers are to the fore.
Chinese automaker BYD, a firm backed by Warren Buffet, unveiled an electric sports car at the Shanghai auto show. It’s not available for sale yet but many live streamers and car bloggers were surprised that this sleek design came from a Chinese automaker.
Charles Zhang/Marketplace

Closing Mexico border could bring U.S. auto production to a halt

Apr 2, 2019
The White House is backtracking slightly on President Trump’s recent threats to close the U.S.-Mexico border on security concerns. Today, Press Secretary Sarah Sanders said there’s no specific timeline and that it’s “not our first choice,” but she also said it may be the best decision. However, the economic consequences of closing the southern border […]
A Mexican girl walks near by the metal fence between Ciudad Juarez, Cihuahua state, Mexico and Sunland Park, New Mexico, U.S., on May 3, 2018.
PEDRO PARDO/AFP/Getty Images