Stellantis Idles Illinois Plant, Takes Step Toward Closure
DETROIT — Stellantis is moving closer to closing its factory in Belvidere, Ill., as it prepares for the costly transition from internal combustion to electric vehicles.
GM Sales Rebound, Quarterly Profits Up 16%
DETROIT — Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors’ fourth-quarter net income up 16% over the same period a year ago.
Tesla Profits Beat Estimates
Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup.
Tesla Cuts Vehicle Prices in Bid to Boost Flagging Demand
DETROIT — With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Jan. 13 on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.
Head of Transportation Safety Board Shares Concern Over Heavy EV Safety Risks
DETROIT — The head of the National Transportation Safety Board expressed concern on Jan. 11 about the safety risks that heavy electric vehicles pose if they collide with lighter vehicles.
Traffic Fatalities Dipped Slightly in First Nine Months of 2022
The number of traffic deaths on U.S. roadways fell slightly during the first nine months of 2022, but pedestrian and cyclist deaths continued to rise.
Feds Review Musk Tweet About Disabling Driver Monitoring
A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.
Auto Sales Fell 8% in 2022 Amid Supply Chain Struggles
Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year, contributing to vehicle sales dropping 8% from 2021 to their lowest level in more than a decade.
NHTSA Investigates Automated Driving System Use in Two Tesla Crashes
The U.S. government’s highway safety agency said Dec. 22 it will send teams to investigate two November crashes in California and Ohio involving Teslas that may have been operating on automated driving systems.
NHTSA to Investigate GM’s Cruise Robotaxi for Braking Issues
U.S. safety regulators are investigating reports that autonomous robotaxis run by General Motors’ Cruise can stop too quickly or unexpectedly quit moving, potentially stranding passengers.