Federal Investigators Widen Tesla Inquiry, Company Says
The Department of Justice has sought documents related to vehicle range and “personal benefits,” Tesla said.
Tesla’s Price Cuts Lowered Its Profit
The carmaker made less money in the third quarter as it cut car prices to attract buyers amid stronger competition.
Tesla Sales Slip as It Readies Factories for New Models
Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand.
Ford’s Profit Jumped in Second Quarter
The automaker made more money on trucks and sport utility vehicles but reported bigger losses on electric vehicles.
Volkswagen Seeks to Regain Edge in China as It Cuts Delivery Forecast
The German automaker lowered its outlook for deliveries and announced changes to its China strategy as it struggles to regain ground lost to other automakers.
Slow Battery Production Crimps G.M.’s Electric Vehicle Rollout
The company is earning big profits on gasoline cars and trucks but is struggling to catch up to Tesla in the fastest-growing segment of the auto market.
Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand
Elon Musk’s electric car company is facing intensifying competition from newer Chinese automakers and established Western car companies.
Ford’s U.S. Sales Rose 10% in the Second Quarter
The automaker saw a big jump in deliveries of pickup trucks as demand from consumers and businesses remained strong.
G.M.’s Sales Jumped 19% in the Second Quarter
The biggest U.S. automaker sold more trucks and sport-utility vehicles as supply chain problems eased and demand remained strong.
Tesla Sales Surge as Tax Credits Fuel Demand
Incentives and price cuts made Tesla electric cars cheaper than comparable gasoline models. But the company faces growing competition in China, a key market.