Automotive

The latest collector-edition coupe is a nightmare at parking-lot speeds. You’ll love it anyway, writes Dan Neil.

The companies said they plan to invest $2.5 billion in the plant, which they expect to create 1,400 jobs.

American drivers are holding on to cars and trucks longer to avoid lofty prices for replacements and an inventory shortage at dealerships.

The facility, expected to open in 2025, will be the auto-making group’s first plant dedicated exclusively to electric vehicles.

Rare vehicle sells for $142 million, nearly three times as large as the previous record

The entry-level coupe from BMW’s redesigned 2 Series is relatively affordable, with just enough swag and responsiveness, says Dan Neil, even without upgrades.

The electric-vehicle startup said the pricing dispute could impact production of an electric van ordered by Amazon.

Ford sold 7 million Rivian shares at a price of $26.88, the company says. That followed an 8-million-share sale earlier in the week at about the same price.

Buyers challenged by high used car prices are sitting on the sidelines, driving down demand and prices in the pre-owned market.

Starting under $40,000, the electrified version of Ford’s popular F-series is aimed squarely at the heart of its steady commercial clientele. And it’s awesome, writes Dan Neil.

The company said it expected rising prices for raw materials would lower operating profit by the equivalent of $11 billion in the current fiscal year ending March 2023.

The move is part of Volkswagen’s effort to boost its U.S. presence as war and Covid-19 cloud its prospects in Europe and China.

Global auto executives are trying to figure out the best way to structure their businesses for an electric future.

Though comparable to the Kia EV6, Hyundai’s Ioniq 5 separates itself from the EV pack with modern exterior styling that signals an electrified ride.

Powered by a 6.2-liter supercharged V8, the CT5-V Blackwing tops 200 mph. It’s also the last internal-combustion sedan Cadillac will produce before going all electric.

Lucid is backed by the kingdom’s sovereign-wealth fund and is setting up a full production factory in Saudi Arabia.

The German luxury-car maker saw net profit fall nearly a fifth in the first three months of the year because of higher costs, including expenses related to the suspension of business in Russia.

Higher vehicle prices are helping to offset mounting challenges for the Detroit auto maker.

The battery-powered version of the F-150 pickup, America’s bestselling vehicle for decades, marks a major step in the company’s move toward electrification.

The auto maker said both hybrid and fully electric versions of the sports car are planned.