The cost of new wheels in the U.S. is getting more expensive seemingly by the month. The average price Americans paid for a new vehicle in July hit a record high of $48,182, according to aut... Read more

Hyundai Motor, South Korea’s biggest carmaker, and its affiliate Kia sold more than a combined 200,000 eco-friendly vehicles in the United States in the January to September period, the comp... Read more

As the chip shortage rolls on, automakers are still hitting the brakes on production, cutting 180,000 vehicles from production worldwide this week alone. Nearly 100,400 of them are being eli... Read more

Legacy automakers, such as General Motors and Ford, are struggling to catch up with Tesla in the electric vehicle (EV) market. Tesla’s dominance is evident as it accounts for 61% of fully el... Read more

Detroit-based General Motors has lost its crown as the top-selling US automaker to Japan’s Toyota. For the first time since 1931, General Motors Co. isn’t the top-selling automaker in the U.... Read more

The US Treasury Department has issued new guidelines for the electric vehicle (EV) tax credit, which will likely be converted into a point-of-sale rebate starting in 2024. The US Treasury De... Read more

Another 7,000 members of the biggest US automobile workers’ union on Friday joined its already major strike against the country’s “Big Three” Detroit car manufacturers. UAW president Shawn F... Read more

While Europe and China have a wide variety of electric vehicle (EV) options, the US market offers fewer choices due to the profitability focus of American automakers on trucks, SUVs, and pre... Read more

The United Auto Workers (UAW) union has declared a strike targeting Ford, General Motors and Stellantis, in a bid to put pressure on the carmakers to grant higher pay and make other improvem... Read more