Subaru struggles to compete with McDonald's on wages as U.S. inflation bites

Subaru says soaring U.S. labor costs are one reason the company is not thinking of new investments to build electric vehicles Stateside anytime soon.

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Toyota sales rebound again; Hyundai, Kia advance 3rd straight month

October U.S. light-vehicle deliveries are forecast to rise as inventory slowly improves and demand remains steady, even amid rising interest rates and higher new-vehicle prices.

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Toyota eyes U.S., European price increases as costs eat into profits

Toyota warns of looming price increases, saying they are needed to offset surging input costs that drove the automaker's North American business to an operating loss in the latest quarter. The big question is how much of an increase customers will be willing to bear.

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TuSimple fires CEO over ties to Chinese firm; exec denies wrongdoing

The self-driving trucking startup said an investigation by its board showed some of its employees spent paid hours last year working for Hydron, a startup working on autonomous trucks mostly in China.

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Toyota eyes U.S., European price increases as costs eat into profits

Toyota warns of looming price increases, saying they are needed to offset surging input costs that drove the automaker's North American business to an operating loss in the latest quarter. The big question is how much of an increase customers will be willing to bear.

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Increased vehicle production not enough to put Gentex Q3 in black

Automotive mirror supplier Gentex said Friday that supply chain challenges led to lower third-quarter profits, but also touted a sales increase compared with 2021.

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Chevrolet dealership employee accused of giving herself unauthorized bonuses

Ariel Rutenbeck, 32, was charged with grand theft for allegedly altering Dimmitt Chevrolet's payroll, giving herself $28,000 in unauthorized bonuses.

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