The deal will create the world's second-largest steel company and is expected to close by June 18, reports said.

Chevy is combining the Corvette ZR1’s twin-turbocharged V-8 engine with the hybrid E-Ray’s electrified all-wheel drive system to stretch the performance chops of its flagship sports car.

Polestar will sell more than 190 million Class A shares to PSD Investment, a company controlled by Geely founder Li Shufu, giving the billionaire a combined total of 66 percent of the automaker.

John Elkann, who is also chairman of Ferrari and of Exor, the biggest shareholder in companies including Stellantis, Ferrari ...

BMW’s color changing technology can add to the vehicle’s efficiency. For example, when it’s cold a darker color can absorb ...

The Italian national will become CEO at Gucci owner Kering, Le Figaro reported. Neither Renault nor Kering immediately responded to requests for comment.

EV growth cools as consumers turn to gasoline-electric hybrids that come without the charging hassles of full EVs. Staying ...

The automotive industry is the most vulnerable sector globally to financial distress given supply chain instability, margin pressures and trade tensions, a survey by consulting firm AlixPartners found ...

Dean Evans, co-founder of rare-earth midstream processor Evolution Metals and Technologies, talks about the bottleneck in China and what his company is seeing.

Industry experts warn that any safety problems with Tesla's planned robotaxi service could hurt both the company and the entire self-driving industry.

As the Canadian automotive industry faces steep challenges, the pivot to military hardware can be part of, but not the whole solution, industry leaders said.

New-vehicle inventories in the U.S. were largely flat to start June at 2.79 million vehicles, as automakers and dealers ...