Q1 Auto Sales Grow 5.1% Despite High Interest Rates
DETROIT — New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed.
IIHS Faults Automated Driving Systems on Driver Attention
DETROIT — Most electronic systems that take on some driving tasks for humans don’t adequately make sure drivers are paying attention, according to an insurance industry study.
ChargePoint CEO Rick Wilmer Expects More EV Stations
DETROIT— Sales growth of electric vehicles in the U.S. has started to slow, and polls show it’s due in part to anxiety over running out of battery power and too few charging stations.
Mobileye CEO Shashua Expects Growth in Self-Driving Adoption
Amnon Shashua, co-founder and CEO of Mobileye, sees self-driving technology moving ahead over the next few years, allowing for more widespread adoption of the functionality.
Tesla Issues Another Wide Recall to Fix Warning Light Size
DETROIT — Tesla is recalling nearly all of the vehicles it has sold in the U.S. because some warning lights on the instrument panel are too small.
NHTSA Capable of Regulating High-Tech Vehicles, Carlson Says
Outgoing NHTSA Administrator Ann Carlson discussed issues surrounding changing technologies, including Tesla's Autopilot, Cruise robotaxis and ARC Automotive's air bag inflators.
GM’s Net Income Rose 12% in 2023 Despite Costly Strike
DETROIT — General Motors’ net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers’ strike.
Tesla Q4 Earnings Fall Short of Analyst Estimates
DETROIT — Tesla’s net income more than doubled last quarter thanks to a one-time tax benefit, but it warned of “notably lower” sales growth this year.
Research Shows Tesla’s Autopilot Tech Fix May Also Be Flawed
Tesla’s recall of more than 2 million of its vehicles — an effort to have drivers who use Autopilot pay closer attention to the road — relies on tech that research shows may not work as intended.
Tesla Recalls Most Cars Sold in US for Monitoring Defect
Tesla is recalling nearly all vehicles sold in the U.S., more than 2 million, to update software and fix a defective system meant to ensure drivers are paying attention when using Autopilot.