Ford earned $17.9 billion in 2021, bolstered by a large gain on its Rivian stake.
Ford ended the year with more revenue than General Motors for the second year in a row.
Ford earned $17.9 billion in 2021, bolstered by a large gain on its Rivian stake.
The Post Office Is Buying Gas-Powered Trucks, Despite Biden Climate Order
The president wants an all-electric federal fleet, but the postmaster general is spending billions on gas-powered vehicles. That’s prompted a call for his resignation.
Why Are Oil Prices So High and Will They Stay That Way?
Geopolitical tensions and a growing disparity between supply and demand have driven up prices. Here is what that means and what could happen next.
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.
Nissan, Renault and Mitsubishi Commit to Electric Cars
The two automakers and Mitsubishi plan to strengthen their alliance by adding 35 electric models to their lineups by 2030.
New Technology for Lamborghini: What3words Joins With Alexa
A novel navigation system, What3words, will be standard on new Huracán models. It divides the globe into 57 trillion 10-foot squares, and leads you to one.
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.