Ford earned $17.9 billion in 2021, bolstered by a large gain on its Rivian stake.
GM’s Profit Jumped in 2021 Despite Global Chip Shortage
The company made $10 billion in profit for 2021, a 55 percent increase from 2020.
Tesla Recalls Cars With Full Self-Driving to Prevent Rolling Stops
Tesla told the federal regulator that rolling stops were allowed only at intersections when no cars, pedestrians or bicyclists were detected but agreed to disable the feature.
Tesla Reports Record Profit but Warns of Supply Problems
The carmaker had a profit of $5.5 billion as sales of its electric vehicles continued to surge, especially in China and Europe.
General Motors to Spend $7 billion on Electric Vehicle Plants
The automaker will build a battery plant and overhaul an existing factory to produce electric pickup trucks, creating 4,000 jobs.
Toyota Topped G.M. in U.S. Car Sales in 2021
After struggling to produce cars because of a global computer chip shortage, automakers are trying to move quickly to making electric vehicles.
Tesla Reports 87% Increase in 2021 Deliveries
The electric-car maker managed substantial growth as Europe and China increasingly propelled sales.
Tesla Recalls More Than 475,000 Cars Over Two Safety Defects
The recalls, which Tesla initiated on Dec. 21, affect about 350,000 Model 3s and 120,000 Model S cars.
Supply Chain Problems Mean Buying a Car Sometimes Takes a Plane Ride
The limited supply of new and used vehicles is forcing some Americans to go to great lengths to find and buy them, including traveling to dealers hundreds of miles away.
Rivian Plans to Spend $5 Billion on a Second EV Plant in Georgia
The company, which began trading on the stock exchange last month, said it lost $1.2 billion in the third quarter.
GM’s EV Efforts Reportedly Include a Bigger Michigan Presence
The company will make electric pickups at an existing plant and batteries at a factory built with a partner, a person with knowledge of the plan said.
NHTSA Is Looking Into Tesla Video Games That Can be Played While Moving
“We are aware of driver concerns and are discussing the feature with the manufacturer,” the National Highway Traffic Safety Administration said in a statement.
A New Tesla Safety Concern: Drivers Can Play Video Games in Moving Cars
The feature raises fresh questions about whether Tesla is compromising safety as it rushes to add new technologies.
Toyota will spend $1.3 billion on a N.C. electric car battery plant.
The plant, which will employ 1,750 people, will be located outside of Greensboro.
Ford and Rivian no longer plan to work jointly on electric vehicles.
Ford remains an investor, but its own E.V. development plans have progressed since the partnership was announced.
Tesla Owner Was in Driver’s Seat in Texas Crash, NTSB Says, Contradicting Initial Report
A Harris County sheriff’s constable said in April that evidence at the scene of the accident suggested that no one was driving the car when it crashed.
Tesla Earned $1.6 Billion in Third Quarter as Car Sales Surged
The automaker also reported a big jump in revenue, to $13.8 billion from $8.8 billion a year ago, as sales of the Model Y continue to rise.
U.S. regulator questions Tesla on the lack of a recall after an update to Autopilot.
In a letter, the National Highway Traffic Safety Administration reminded Tesla that federal law requires automakers to initiate recalls if they find defects that pose a safety risk.
LG to Pay G.M. $1.9 billion for Battery Flaw That Led to Bolt Recall
General Motors has recalled 141,000 Bolts to replace battery packs that can catch on fire because of manufacturing defects.
G.M. Hopes to Double Its Revenue by 2030 By Selling EV.s and Services
G.M. hopes to develop ride-hailing services that use autonomous cars, create insurance products and expand its defense contracting work.