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Tesla’s sales are in decline, with global vehicle deliveries dropping by 13% in Q2, while rivals like GM and BYD gain ground.
The electric-vehicle maker has an aging lineup and slumping sales, but its CEO has shifted his focus to robotaxis and robots.
The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.
Major automakers are celebrating a Q2 sales boom, but the industry is bracing for storm clouds on the horizon as new tariffs ...
U.S. light-vehicle retail sales slowed in June after consumers rushed to buy before a 25% tariff on imports took effect.
Toyota's hybrid focus, U.S. market gains, and adaptability secure strong performance despite global risks. Click here to read ...
During the first six months of the year, GM delivered 12,595 Corvettes across the country. This represents a massive 29.7 ...
GM is now set to ramp up production of some of its biggest profit-generators, and as such, it's looking like it may extend its lead in a key market segment.
BYD's growth is decelerating, due to rising competition in China and macro headwinds. Read why a prolonged sideways movement ...
General Motors' CFO Paul Jacobson made the remarks last week at the Deutsche Bank Global Auto Industry Conference.
GM said the evening of June 10 that it planned to invest $4 billion in three U.S. manufacturing sites over the next two years to prepare for changing production slated to begin in 2027.
General Motors (GM) shares were up about 9% Tuesday afternoon after the Detroit automaker delivered third-quarter earnings per share that surged past investor expectations. Even as the auto ...