DETROIT 鈥 Despite a small dip in U.S. vehicle sales, General Motors鈥 first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
April 23, 2024Latest News Updates From Tom Krisher
General Motors Reports Strong Q1 Profits
NHTSA Investigates Ford for Bronco Sport Gas Leaks
DETROIT 鈥 NHTSA has opened an investigation into a Ford recall for gas leaks from cracked fuel injectors that can cause engine fires, saying in documents that the remedy doesn鈥檛 fix the leaks.
April 12, 2024Q1 Auto Sales Grow 5.1% Despite High Interest Rates
DETROIT 鈥 New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed.
April 5, 2024IIHS Faults Automated Driving Systems on Driver Attention
DETROIT 鈥 Most electronic systems that take on some driving tasks for humans don鈥檛 adequately make sure drivers are paying attention, according to an insurance industry study.
March 12, 2024ChargePoint CEO Rick Wilmer Expects More EV Stations
DETROIT鈥 Sales growth of electric vehicles in the U.S. has started to slow, and polls show it鈥檚 due in part to anxiety over running out of battery power and too few charging stations.
March 11, 2024Mobileye CEO Shashua Expects Growth in Self-Driving Adoption
Amnon Shashua, co-founder and CEO of Mobileye, sees self-driving technology moving ahead over the next few years, allowing for more widespread adoption of the functionality.
February 12, 2024Tesla Issues Another Wide Recall to Fix Warning Light Size
DETROIT 鈥 Tesla is recalling nearly all of the vehicles it has sold in the U.S. because some warning lights on the instrument panel are too small.
February 2, 2024NHTSA Capable of Regulating High-Tech Vehicles, Carlson Says
Outgoing NHTSA Administrator Ann Carlson discussed issues surrounding changing technologies, including Tesla's Autopilot, Cruise robotaxis and ARC Automotive's air bag inflators.
January 30, 2024GM鈥檚 Net Income Rose 12% in 2023 Despite Costly Strike
DETROIT 鈥 General Motors鈥 net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers鈥 strike.
January 30, 2024Tesla Q4 Earnings Fall Short of Analyst Estimates
DETROIT 鈥 Tesla鈥檚 net income more than doubled last quarter thanks to a one-time tax benefit, but it warned of 鈥渘otably lower鈥 sales growth this year.
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