Tesla, Twitter Shares Drop As Elon Musk's Legal Issues GrowShares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform.
Hyundai Recalls 215K Sonatas Due To Faulty Fuel HosesHyundai is recalling more than 215,000 midsize cars in the U.S. — most for a second time — because fuel hoses can leak in the engine compartment and cause fires.
Dakkota Integrated Systems Officially Opens This Week At Detroit's Former Kettering High School SiteThe site of a former Detroit high school is now home to the new Dakkota Integrated Systems facility.
Energy Chief Jennifer Granholm Touts $3B Plan To Boost EV BatteriesContinuing its push to dramatically boost sales of electric vehicles, the Biden administration on Monday announced $3.1 billion in funding to U.S. companies that make and recycle lithium-ion batteries.
Ford Launches F-150 Lightning EV, Built At Rouge Electric Vehicle Center In DearbornFord Launches its first pickup EV, the F-150 Lightning will be produced at the new Rouge Electric vehicle center in Dearborn on the grounds of the Ford Rouge Plant.
Tesla First Quarter Earnings 7 Times More Than Year Ago On Strong SalesTesla reported Wednesday that its first-quarter net earnings were over seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
Ford Recalls Over 650K Trucks For Windshield Wipers That Can FailThe recall covers certain F-150 pickups, and Ford Expedition and Lincoln Navigator SUVs from the 2020 and 2021 model years. Also included are F-250, 350, 450 and 550 trucks from 2020 through 2022.
Michigan Matters: Going One-On-One with Gov. Whitmer, Detroit Grand Prix to Take to the StreetsGov. Gretchen Whitmer talked about her plans to fix the state’s ailing roads, the pandemic and politics on “Michigan Matters” airing 8am Sunday on CBS 62.
'It's Time': Ford Teases Launch Date Of F-150 LightningFord Motor Company announced on Wednesday the F-150 Lightning will launch on April 26.
Toyota Unveils First Electric Vehicle Since RAV4 EV In 2014The bZ4X, which will be sold globally, adds to the 38 electric vehicle models now on sale in the U.S., with more than 120 expected by 2025.
General Motors Announces Multi-Year Cobalt Supply Agreement For EVsOfficials say Switzerland-based company Glencore will supply cobalt, which is used in the production of EV batteries. It will be processed and used in GM's Ultium battery cathodes that power vehicles including the Chevy Silverado EV, GMC Hummer EV and Cadillac Lyriq.
US Ends Probe Of Fiat Chrysler Minivans, Won't Seek RecallThe U.S. government is ending an investigation into complaints of USB charging port fires in some Fiat Chrysler minivans without seeking a recall.
Several Michigan Law Enforcement Agencies Take Part In Campaign To Crack Down On Distracted DrivingIn support of National Distracted Driving Awareness Month which is in April, on Thursday Law enforcement agencies in several Michigan communities participated in the “U Drive, U Text, U Pay," campaign. A 4-hour distracted driving enforcement and awareness initiative
US Electric-Vehicle Tax Credits Ending For New Toyota BuyersToyota customers soon won't be able to get U.S. federal tax credits for buying electric or hybrid vehicles.
Ford Reports Sales Down 17% In First QuarterFord says sales dropped more than 17% in the first quarter of the year. But despite the drop, the automaker is remaining optimistic and says drivers are still eager to purchase vehicles.