U.S. authorities have declared that automakers will not incur fines for missing the 2022 fuel efficiency targets due to a law ...

The U.S. government has exempted car manufacturers from penalties for missing fuel economy targets from 2021 to 2023 due to pandemic-related challenges.

US regulators have waived fines for automakers failing to meet fuel efficiency standards dating back to the 2022 model year.

The action, contained in a letter to automakers, comes after passage of a Trump-backed bill that ends penalties for companies ...

Elon Musk’s EV company has lost a significant income stream due to the end of US penalties for automakers that exceed fuel ...

An electric vehicle advocacy group on Tuesday urged the U.S. House to revise a bill passed by the Senate that would end the $7,500 tax credit on new electric vehicle sales and leases on September 30, ...

With the latest US government budget bill removing penalties for automakers failing to meet Corporate Average Fuel Economy (CAFE) standards, the future of the American auto industry has been thrown ...

Elon Musk warned of difficult times ahead for Tesla Inc. after one of the automaker’s worst quarters in over a decade.

Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact ...

Wally Adeyemo supports imposing sanctions on buyers of Russian oil, but said more diversified energy at home will give the US a stronger geopolitical advantage.

Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact ...

NEW YORK (AP) — U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where ...