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Lucid Motors in talks to go public via merger, report says

The EV maker, which is backed by Saudi Arabia’s sovereign wealth fund, is in talks with a special-purpose acquisition company run by former CitiRead More



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Baidu gets Calif. nod to test driverless cars New! 2021-01-27 17:02:27The Chinese search engine giant is the sixth company to win permission to test without a driver behind the wheel. The permit allows it to test three a

Tesla Q4 net income rises to $270M, capping New! 2021-01-27 16:54:10The automaker delivered 499,647 vehicles in 2020, up 61 percent year over year but just missing CEO Elon Musk's goal of 500,000.

BMW cash flow beats estimates on China recovery, New! 2021-01-27 16:21:21The automaker benefited from remarketing used cars, a segment bolstered by consumers seeking alternatives to public transport and what the company cal

VW will reduce German output in February on New! 2021-01-27 16:07:28The automaker is cutting production at its Wolfsburg car plant and two components factories because of microchip supply bottlenecks.

Former aide to UAW ex-president sentenced to 1 New! 2021-01-27 15:43:40Prosecutors had argued for probation for Edward Robinson, 73, after his "extraordinary cooperation" in the federal corruption investigation.

Cadillac dealers to begin EV prep next month New! 2021-01-27 15:16:27The luxury brand is working with ABM, a provider of electrification solutions, to assess the upgrades and costs necessary for each dealer to sell and

Rick Case group sells Ohio dealerships to Spitzer New! 2021-01-27 14:40:52Rick Case Automotive Group has sold its two Northeast Ohio stores and will focus on its 14 dealerships in metro Atlanta and in South Florida, where th

GM, Cadillac to showcase EV power during Super 2021-01-27 13:00:00The automaker will run two ads to spotlight its electrification strategy, driver-assist technology and the Cadillac Lyriq.

Illinois rate cap bill would impact auto lending 2021-01-27 11:27:55The bill, which would cap the interest rate charged on installment loans below $40,000 at 36 percent, illustrates the tightrope regulators and governm

FCA to plead guilty, pay $30M fine to 2021-01-27 10:34:02Fiat Chrysler, which is now part of Stellantis, said it agreed to plead guilty to a single count of conspiracy to violate the Labor Management Relatio

GM partners with Navistar to power fuel cell 2021-01-27 09:00:01Navistar is launching a zero-emission long-haul system with General Motors and OneH2, which provides scalable hydrogen fuel systems and delivers hydro

Biden pick to head Energy Department faces confirmation 2021-01-27 08:05:23Former Michigan Gov. Jennifer Granholm wants to steer the department to help the United States compete with China on electric vehicles and green


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