A surge in electric-vehicle sales last month has industry watchers calling it a policy-driven buying spree. New data from Cox Automotive shows U.S. EV purchases jumped sharply in July — and policymakers are getting the credit. The rush follows a recent federal budget law that eliminated federal EV tax credits for new and used vehicles…
Ford Motor Co. has dropped more than cash on Louisville — it’s dropped a challenge to the way cars are built. The company’s newly announced $2 billion investment in its Kentucky assembly operations isn’t just more tooling or another product line. It’s a deliberate attempt to reinvent manufacturing with a cheaper, faster way to produce…
Honda calls this its best shot. After years of criticism for running behind in the electric vehicle race, the company is betting big on the Acura RSX — a luxe, home-grown EV that the automaker says will showcase its new software-first approach and hardware designed for performance. The question on everyone’s mind: is this the…
Tesla CEO has been stirring the pot again — this time promising the next Full Self-Driving (FSD) update will bring “10x higher parameters” and, intriguingly, “much less nag.” For owners who’ve been waiting years for the company’s self-driving promises to materialize, that sounds like progress. For others — including safety advocates, industry watchers, and cautious…
Ford is betting big on making electric trucks affordable. The company is pitching what it calls a “Model T moment” for the electric-vehicle era — a push to deliver a mainstream, reasonably priced midsize electric pickup that could shake up the U.S. auto market. The headline: a $30,000 midsize electric truck built on a brand-new,…
Tesla is no stranger to bold promises and headline-grabbing announcements, but the company’s latest move has landed it in hot water with its own shareholders. A new lawsuit filed in federal court accuses Tesla, CEO Elon Musk, and several current and former executives of securities fraud, all centered around the much-hyped launch of Tesla’s Robotaxi…
In a move that’s turning heads across Wall Street and Silicon Valley, Tesla board has officially approved a massive new $29 billion stock award for CEO Elon Musk. The big question on everyone’s mind: Will this eye-popping pay package be enough to keep Musk’s attention locked on Tesla as the electric vehicle pioneer faces some…
In a historic legal blow to Tesla, a Florida jury has found the electric carmaker partially liable in a fatal crash involving its Autopilot system, ordering the company to pay up to $243 million to the victims’ families. The verdict, delivered after a nearly month-long trial, marks the first time Tesla has been held responsible…
Jaguar Land Rover (JLR) is entering a new era as CEO Adrian Mardell announces his retirement after nearly three years at the helm and a remarkable 35-year career with the company. Mardell’s departure, effective December 31, comes at a pivotal moment for the iconic British automaker, which is navigating a controversial transformation into an ultra-luxury…
The U.S. electric vehicle (EV) market is heating up, and July 2025 brought a surprise winner: the Honda Prologue. In a month where several automakers posted record EV sales, Honda’s new electric SUV not only posted an 83% sales jump but also outsold established rivals like the Ford Mustang Mach-E and Hyundai IONIQ 5. What’s…
