Tom Krisher
Associated Press Journalist-
General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.
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Ford’s third-quarter net profit fell nearly 26%. The automaker took $1 billion in accounting charges to write down assets for a canceled three-row electric SUV.
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Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it’s just part of a normal leadership succession plan.
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Federal safety investigators want Tesla to tell them how it developed the fix in a recall of more than 2 million vehicles with the company’s Autopilot system.
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The credits range from $3,750 to $7,500 and are aimed at boosting EV sales as the Biden administration tries to cut planet-warming emissions.
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Tesla recalls more than 2 million vehicles over a glitch with the autopilot feature.
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The UAW says it has reached a tentative contract agreement with Ford that could be a breakthrough to end the nearly 6-week-old strikes against Detroit automakers.
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The National Transportation Safety Board is recommending that all new vehicles in the U.S. be equipped with blood alcohol monitoring systems that can stop an intoxicated person from driving.
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Tesla continues to issue recall after recall but federal safety regulators are paying closer attention