AUTO

Lucid Group's stock surged 20.45% after denying bankruptcy rumours. The company reassured investors of its financial stability, despite confirmed restructuring advisers and ongoing financial challenges.

Volkswagen's CEO announced potential job cuts of up to 100,000 positions, sparking negotiations with labor unions amid industry pressures and restructuring challenges. Analysts suggest this may be a negotiation tactic.

The Tesla Model Y leads U.S. EV sales in 2026, with strong competition from Toyota and Hyundai. The market sees growth due to incentives, infrastructure, and evolving consumer preferences.

Lamborghini introduces the Urus SE Performante, a high-performance hybrid SUV, emphasizing its strategic focus on plug-in hybrid technology over fully electric models, with 812 horsepower and a top speed of 194 mph.

Rivian's shares rose over 14% following the launch of its R2 SUV and a strong Q2 delivery report, signalling a potential turnaround in the electric vehicle market.

Ford Motor Co. is focusing on hybrids and electrification to strengthen its market position, balancing current demand with future growth while navigating industry challenges and competitive pressures.

Ford is recalling over 741,000 vehicles in the US due to a transmission defect that may cause unintended movement, posing crash risks. Affected models include F-150, Explorer, Expedition, Aviator, and Navigator.

Toyota's stock has declined significantly from its peak amid recalls and leadership changes, yet analysts remain optimistic about its long-term prospects, highlighting a strong buy consensus.

Ford Motor Company has introduced daily engine teardown programs to improve quality control and reduce recalls, aiming to catch defects early and enhance customer satisfaction.

Rivian Automotive is laying off hundreds of employees shortly after launching its R2 SUV, aiming to streamline operations and reach profitability amid heavy investments in autonomous technology.

General Motors and Ford report strong Q1 2026 earnings, adjusting electric vehicle strategies towards hybrids and software services amid industry changes, with GM showing a slight edge in profitability.

Toyota's hybrid vehicle strategy and global sales network present a strong investment opportunity in 2026, with analysts predicting steady growth despite challenges in the electrification transition.

Ford Motor Co. in 2026 presents a mixed investment case, with strong truck sales and commercial vehicle performance offset by challenges in its electric vehicle transition and competitive market pressures.

Tesla's Q1 2026 results show a 16% revenue increase, strong vehicle production, and FSD expansion in Texas. Analysts maintain a Hold rating with a mixed stock performance outlook.

Advance Auto Parts' shares rose 19.63% after reporting strong Q1 2026 results, with net sales of $2.6 billion and a 3.5% increase in comparable store sales, exceeding expectations.

General Motors will stop producing its largest Silverado models by 2026 due to declining demand, focusing instead on electric vehicles and more efficient trucks.

About 2,121 vehicles in Australia are set for a safety recall by Toyota Australia due to a faulty airbag.

Elon Musk shocked the world on Aug. 7 when he tweeted that he had the “funding secured” to take Tesla private. A little more than two weeks later, the billionaire entrepreneur abruptly called the whole thing off.

Elon Musk has announced that he is thinking of taking Tesla private, eight years after the automaker’s initial public offering. The news immediately created a buzz in financial markets and Tesla’s share price soared.

More than 1 million cars in Australia will be recalled because of defective Takata airbags.

Tesla Model 3 and Model Y are highly awaited electric vehicles. However, more than 200 Australians are in the dark as they have no clue when the Model 3 will be delivered despite their $1,500 deposits.

The first completed Tesla Model 3 has finally made its appearance and fans are highly excited about it. The US$35,000 (AU$46,000 approx) electric sedan was first announced by CEO Elon Musk more than a year ago.

Tesla’s Nevada gigafactory has started churning out battery cells to ramp up production of the much awaited Model 3. The vehicle may be just about on track for its production deadline.

The Tesla Model X has created history by outperforming any other SUV as far as safety is concerned. The company believes it is because of the low centre of gravity that is the result of the bulky battery pack installed on the bottom of the car.

The Tesla Model 3 will start rolling out soon, and fans of the electric vehicle want to know whether they will be spoilt with choices. Latest reports suggest buyers will get only two choices in configuration.

Tesla Model 3 is undoubtedly the most talked about electric vehicle (EV) currently, with the car slated to release this year. Another EV that is expected to come out of the house of Tesla is the Model Y.

Tesla Model 3 leaks are coming thick and fine. A recent one has revealed a feature not everyone may like. The electric vehicle (EV) is one of the most highly anticipated cars of this year and everyone is desperate to know more about this secretive and affordable vehicle.

The final specs of the Tesla Model 3 have not been revealed yet though a comparison chart recently showed up on a Tesla forum that offered some insights into the electric sedan’s specs. Ford’s first EV may have an edge over Tesla Model Y.

Lyndon Rive, CEO and co-founder of SolarCity, is leaving Tesla in June, not even completing a year after his firm was acquired by cousin Elon Musk. Lyndon wants to spend time with his family and also start a new company.