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Ford reports its best quarter and yearly U.S. sales since 2019
Ford Motor Co. reported strong U.S. sales results for the fourth quarter and the full year, crediting the gains to a wide-product lineup offering various trim levels and powertrains to meet a range of customer needs and pocketbooks. Ford reported on Jan. 6 that it had its best annual sales and fourth quarter performance since […]
US auto sales defy regulatory uncertainty to rise 2% in 2025, analysts forecast
DETROIT, Jan 5 (Reuters) – Sales of new cars in the United States rose about 2% in 2025, analysts estimate, defying extraordinary disruptions all year in an industry where “black swan” events have become routine. Several automakers on Monday reported strong December sales to close out the year. Toyota Motor notched an 8% increase in […]
Scout Motors picks Charlotte for new corporate headquarters
After investing over $2 billion in South Carolina, an electric vehicle manufacturer has chosen to cross state lines for its corporate headquarters. Scout Motors, which is building a $2.3 billion production center for its all-electric SUV and pick-up in the Midlands, will locate its corporate hive in Charlotte. The news comes just two months after […]
Tesla Cybertruck chief exits after eight years
Tesla’s Cybertruck and Model 3 leader Siddhant Awasthi leaves after eight years with the automaker, he announced on LinkedIn.
Musk the trillionaire? Debate over his Tesla pay package rages
Tesla shareholders will vote on Elon Musk’s record $1 trillion pay package as critics cite excess and supporters call him indispensable to Tesla’s future.
Tesla reports surprise increase in car sales in the third quarter
Tesla Q3 sales rose 7% to 497,099 vehicles, rebounding after declines as buyers rushed to use the expiring $7,500 EV credit.
