Tesla Inc. will refund Cybertruck deposits for some customers because it has more orders than it can process before ending production of the divisive pickup next year, according to Chief Executive Elon Musk. “The Cybertruck...

Honda Motor Co. has announced a $215 million investment in its Ohio operations, focusing on expanding engine manufacturing capacity and developing new training facilities to strengthen its North American operations. The investment includes approximately $180...

Ferrari strengthens its position in the global luxury automotive market as premium pricing, personalisation and exclusive models drive financial growth despite currency pressures and geopolitical uncertainty. Ferrari has delivered a strong third-quarter performance for 2026,...

Lexus will launch its first China-made vehicle in 2027, marking a significant shift in the luxury brand’s strategy after nearly three decades of relying exclusively on imports for its mainland Chinese lineup. The new battery-electric...

General Motors will pay $220 million to settle claims brought by attorneys general from 35 states and the District of Columbia over allegations that it secretly collected and sold drivers’ location and behavioural data to...

Rivian is hoping for a rather lucrative end to the year, with boss RJ Scaringe expressing confidence that the American EV maker will hit a key autonomous driving milestone and unlock another $250 million from...