Auto-loan rejections are up as Federal Reserve raises key interest rate

The Federal Reserve's decision Wednesday to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy.

Major automakers unite to build electric vehicle charging network they say will rival Tesla's

Seven major automakers say they’re joining forces to build a North American electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in the U.S. and Canada.

Video: Tesla Cybertruck spotted on California roadway

Video recorded this week shows the Cybertruck take off from a stoplight and go around the corner.

Tesla recalls nearly 16,000 of its Model S and Model X vehicles due to seat belt issue

Tesla is recalling nearly 16,000 of its 2021-2023 Model S and Model X vehicles because some front-row seat belts may not have been reconnected properly following a repair.

Tesla's 1st Cybertruck has rolled off the assembly line, company says

Tesla says its first production Cybertruck, the electric pickup that looks nothing like a truck, has rolled off the assembly line, nearly two years behind the original schedule.

Wholesale used car prices dip to pre-pandemic levels, report finds

The decline in vehicle prices shows a change in the used car market, which has been affected in part by supply chain issues and increased consumer demand.

Tesla autopilot probe: Company providing more info to US regulators

U.S. automobile safety regulators are zeroing in on changes that Tesla has made to its Autopilot partially automated driving system including how it makes sure drivers pay attention and how it detects and responds to objects.

Tesla is hiring test-drivers in these 14 US cities

The pay ranges from $17-$46 an hour, according to Tesla, and the gigs come with benefits and the potential for overtime pay.

Most pickup trucks ‘fall short’ in rear seat safety, new study finds

“All these things tell us that the rear seat belts need improvement,” the president of the Insurance Institute for Highway Safety wrote.

$300,000 flying car gets special certification from FAA

A flying car being developed for both roadways and vertical takeoff and landing capabilities is now one step closer to becoming a reality.

Yamaha will stop making snowmobiles after 50+ years

The company announced Wednesday, "it will be difficult to continue a sustainable business in the snowmobile market."

Ford donates customized Bronco 'firefighting command rig' to National Park Service

The 2023 Bronco Badlands with the Sasquatch package has been outfitted with specialized equipment, including a government communications system with satellite and antenna connections.

Electric semi trucks on fire in Phoenix: 'Foul play is suspected'

The fire is burning at the Nikola Corporation building, and officials are calling it difficult and tricky to fight. A thick black smoke and a strong chemical smell is present in the area.

Honda recalls nearly 1.2M vehicles over rear camera issues

Honda is recalling nearly 1.2 million vehicles in the U.S. because the rear view camera image may not appear on the dashboard screen.

Used car prices soar as demand for limited inventory grows, report says

Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.