Chinese automakers are overtaking American rivals in sales for the first time

New energy vehicles for export at Lianyungang Port, Jiangsu Province, China, on April 25, 2024. Nurfoto | Nurfoto | Getty Images Automotive companies in China sold more cars than their…

Toyota has been rocked by a series of scandals – analysts are unfazed

A sign is shown outside a Toyota Motor Corp. dealership on January 30, 2024 in Tokyo, Japan. Toyota Chairman Akio Toyoda apologized Monday for massive cheating in certification tests for…

Tesla shareholder Elon Musk pays package during annual meeting

Tesla Shareholders voted Thursday to ratify CEO Elon Musk's massive 2018 compensation plan, five months after a Delaware judge ordered the company to withdraw the package, ruling it was improperly…

Stellantis has achieved cost savings of $9 billion as a result of the merger

Stellantis CEO Carlos Tavares speaks to the media on June 13, 2024 following the company's investor day at its North American headquarters in Auburn Hills, Michigan. Michael Wayland/CNBC AUBURN HILLS,…

Jeep sales are expected to grow 50% by 2027

Jeep Wagoneer S Trailhawk EV concept Michael Wayland/CNBC AUBURN HILLS, MI – Stellantis expects to grow sales of Jeep vehicles globally by 50% over the next three years as the…

9 stocks that could benefit from Fed rate cuts

The S&P 500 and Nasdaq extended their record rallies this week after cooler-than-expected consumer inflation data Wednesday morning. While Fed rate cuts would likely benefit the stock market as a…

Tesla shareholder vote on Musk's pay plan won't resolve 'legal disputes'

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of David Swanson | Reuters Teslas The annual meeting on Thursday in Austin, Texas, will see a final vote…

Tesla expects to increase Model 3 prices in Europe following EU tariffs on Chinese electric vehicles

The new Tesla Model 3+ goes on sale at a Tesla store in Hangzhou, Zhejiang province, China, September 26, 2023. Cost photo | Nurfoto | Getty Images Tesla said Thursday…

Musk says Tesla shareholders have likely approved his $56 billion pay deal

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute Global Conference at the Beverly Hilton Hotel on May 6, 2024 in…

Chinese EV stocks rise after the EU imposed up to 38% additional import tariffs

Visitors look at a BYD DM-i electric car at the Beijing International Automotive Exhibition 2024 in Beijing, China, on May 3, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurfoto |…