General Motors took more than $7 billion in charges related to scaling back electric vehicle production, reducing net income.

General Motors took more than $7 billion in charges related to scaling back electric vehicle production, reducing net income.

Porsche’s new design chief Tobias Sühlmann must evolve the brand’s iconic styling across sports cars, SUVs and EVs amid sales declines, China weakness and a reset of its electric strategy.

Steve Blasing, chairman of the Ford National Dealer Council, said he’s optimistic about Ford’s future product plan and believes retailers can have another strong year, despite losing the entry-level ...

Genesis follows Volkswagen and Stellantis in rolling back agency models in Europe, citing scalability concerns and need for dealer market knowledge.

Stellantis says it will be “more aggressive” commercially this year, cutting prices and repositioning some brands to get volumes back.

Investors say the CEO faces a defining test this year to prove he can stem a slide in China and close a tech gap with rivals, both seen as essential to VW's turnaround.

With a protracted price war in the Chinese domestic car market causing domestic sales to slide, overseas expansion can shore up BYD’s overall sales as well as protect profits.

Blasing said full-size electric pickups don’t have the range most customers in his market need. An extended-range EV could solve that problem.

BMW and Mercedes are expanding AI-powered voice control systems as touchscreens replace physical buttons, betting on large language models and conversational assistants to improve usability.

Deliveries of the first model based on BMW’s Neue Klasse architecture are scheduled to begin in March, but the automaker says the vehicle is already close to being sold out for the year.

The automaker delayed cutting the third shift last fall given strong demand for the Chevy Silverado pickups built at the plant, but said Jan. 27 that no further extension is planned.