-
Monthly Auto Loan Payments Surge to Record Highs as Borrowing Hits Biggest One-Year Jump, Experian Says
The average monthly new auto loan payment is approaching $600 according to Experian, which analyzes millions of new and used vehicle loans.
-
Fiat Chrysler Spent Over $300 Million on Green Credits in Europe Last Year — Mostly From Tesla
The automaker committed to spend about $2 billion on environment related fines and regulatory credits through the end of 2021.
-
FedEx Pledges $2 Billion Toward Carbon-Neutral Operations by 2040, Aims for All-Electric Fleet
Logistics giant FedEx said on Wednesday that it aims to replace all of its parcel pickup and delivery vehicles with a sustainable electric fleet by 2040.
-
United Airlines Starts Offering Bus Service Straight to Colorado Ski Slopes From Denver
The service starts March 11 from Denver to Breckenridge, Colorado and will be expanded to Fort Collins, Colorado in April.
-
Nikola Admits Ousted Chairman Misled Investors as Legal Costs Mount
The fees are part of increased legal expenses of $27.5 million primarily related to regulatory/legal matters in connection to fraud claims by a short seller.
-
General Motors Says Worst of Global Chip Shortage May Be Behind It
General Motors believes the worst of a global chip shortage that’s forced automakers to cut production and close plants could be behind it.
-
Tesla's Share Price Is Now Directly Tied to the Value of Bitcoin, Analyst Says
Tesla’s stock is now directly linked to the price of bitcoin after Elon Musk’s firm invested $1.5 billion into the cryptocurrency, according to an analyst.
-
Chief of Cherokee Nation Wants Jeep to Stop Using Tribe's Name on SUVs
Jeep started using the Cherokee name more than 45 years ago, including currently on the brand’s top-selling Grand Cherokee as well as a smaller SUV.
-
Some Texans Use 2021 Ford F-150 Hybrid Pickup Trucks to Power Homes Amid Winter Storm
“It would have been three miserable days without the truck,” Jerry Hall, 73, of Kerrville, Texas, said in a phone interview.
-
Uber Awaits Crucial UK Supreme Court Ruling Which Could Jeopardize Its Business Model
Uber is awaiting a ruling from the U.K.’s Supreme Court on whether its drivers should be classified as workers rather than independent contractors.
-
How Lamborghini Learned to Love the SUV
The Lamborghini Urus SUV is a new type of product for Lamborghini, but one that is seen as increasingly necessary in the automotive market.
-
Jeff Bezos Overtakes Elon Musk to Reclaim Spot as World's Richest Person
Musk saw his net worth slide by $3.9 billion on Tuesday as Tesla shares closed at $796.22, down more than 2.4%.
-
Dubai Logistics Giant DP World Will Deploy ‘All Facilities' to Ensure Global Vaccine Distribution, CEO Says
DP World has launched a vaccine logistics alliance with Emirates and Dubai Airports to speed up the distribution of Covid-19 vaccines around the world.
-
Uber Proposes California-Style Gig Work Reforms in Europe
Uber urged EU policymakers to implement reforms that protect drivers and couriers operating through an app, without reclassifying them as employees.
-
Container Shipping Locked in a ‘Significant Bottleneck' as Demand Surges Back
Maersk, the world’s largest container shipping firm, marginally beat profit expectations Wednesday after an “exceptional while challenging quarter.”
-
Biden Warns China Is Going to ‘Eat Our Lunch' If U.S. Doesn't Get Moving on Infrastructure
The telephone call between Xi and Biden comes as the new U.S. administration works to mend trade relations with the world’s second-largest economy.
-
Uber Losses Narrow as Delivery Growth Outpaces Fall in Ride-Sharing
Uber’s losses are narrowing as delivery growth continues to outpace a drop in ride-sharing revenue.
-
Lyft Stock Rises More Than 10% After Company Reports Signs of Pandemic Recovery
Lyft reported fourth-quarter losses of $458.2 million for the fourth quarter of 2020.
-
Tesla Founders Martin Eberhard and Marc Tarpenning Talk About the Early Days and Bringing on Elon Musk
Contrary to popular belief, Elon Musk did not start Tesla. He certainly made it his own over the years, investing early on and then overseeing its growth from niche luxury carmaker to mass production, adding on a solar business, and pushing self-driving technologies. However, the tech titan — and now the world’s richest man — was actually Tesla’s 4th CEO when...
-
Tesla to Recall More Than 130,000 Cars Following Regulators' Pressure
Tesla voluntarily recalled 134,951 Model S and Model X vehicles with touchscreen failures that led to the loss of several safety-related features.