Chinese EV developer Faraday Future said it signed a new restructuring agreement with a unit of its main investor, Evergrande Health Industry Group, ending a bitter legal fight and clearing the path for raising funds.
The EV maker has been urging Model 3 buyers to make use of a federal tax credit, with CEO Elon Musk reminding them on Twitter on Saturday that the benefit would drop to half beginning in 2019.
Japanese prosecutors extended Carlos Ghosn’s stay in jail for 10 more days, another setback for the fallen auto executive who has sought bail to start mounting his defense in the case that has shocked the global auto industry.
Here's a look back at some of the automotive anniversaries celebrated in 2018.
From the price of tariffs to a gallon of gasoline, 10 numbers for an industry that lives and dies by them.
Japanese prosecutors extended Carlos Ghosn’s stay in jail for 10 more days, another setback for the fallen auto executive who has sought bail to start mounting his defense in the case that has shocked the global auto industry.
Japanese assembly lines are populated with shortcuts that can improve things in sometimes comically clever ways. Toyota thinks they're serious business and can help give it an upper hand against new rivals from China and Silicon Valley.
Here's a look back at some moments between the auto industry and government officials.
One auto boss goes to jail. Another dies suddenly. A third survives his self-inflicted wounds.
At Diehl Automotive, having a distribution center off-site for the group's two Pittsburgh-area stores helps lower costs while increasing inventory control and accountability for new and used vehicles.
After a jury's fraud judgment — and an eye-popping $5.8 million award — over the sale of a used Ferrari, an Arkansas dealership is arguing that the punishment does not fit the alleged misdeed — or the law.
Here's a look back at some mobility happenings from 2018.
Here's a look back at some memorable dealership moments from 2018.
Workers flock to Toyota's Karakuri Studio from Japan and virtually any other country where Toyota has a factory. They take a crash course and then go back to their home plants to implement what they've learned and further seed the ever-better mentality.
Here's a look back at some of the destruction caused by weather and other disasters in 2018.
A look at 14 auto industry figures who passed away in 2018.
Here's a roundup of memorable photos from the past year.
Here's a look back at some moments involving people and the automotive industry from 2018.
The industry had its share of goofs and setbacks in 2018 — as usual.
The 2015 Nissan Leaf, for example, has actually grown slightly in value over the last year.
A lot of things were said in 2018. Here's our list of some of the most noteworthy.
The daughters of Nissan’s former chairman, Carlos Ghosn, indicted on suspicion of violating Japan’s financial reporting laws, believe the accusations are part of an internal revolt within the automaker to prevent a merger with Renault, The New York Times reported.
In 2018, we said goodbye to some people, cars and more. Here are 10 notable ones.
In 2018, we said hello to some people, cars and more. Here are 10 notable ones.
The settlement with 50 states and the District of Columbia resolves state investigations into Wells Fargo’s practices from 2002 to 2017. The practices, which have previously been disclosed, include forcing insurance policies on auto-lending customers, opening bogus accounts and charging improper mortgage rate-lock extension fees.
