United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT — The Oracle of Omaha is cutting […]
Automakers are finally embracing lidar sensors. A few startups look like market-share winners
A Hesai lidar sensor on top of a vehicle in Shenzhen, China, July 10, 2022. Jade Gao | AFP | Getty Images For investors in lidar startups, this has been […]
Xpeng shares drop 6% after the Chinese electric carmaker posts a record quarterly loss
A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou, Guangdong Province […]
Biden urges ‘fair agreement’ between UAW and Detroit automakers that avoids plant closures
Speaking in front of a backdrop of American-made vehicles and a UAW sign, President Joe Biden, then a presidential candidate, speaks about new proposals to protect U.S. jobs during a […]
2025 Cadillac Escalade IQ, GM’s new all-electric SUV, starts at $130,000. Here’s a first look
NEW YORK – Twenty-five years after the Cadillac Escalade launched General Motors into large, highly profitable luxury SUVs, the Detroit automaker is hoping a new all-electric version of the vehicle […]
X, formerly Twitter, commandeers ‘@music’ handle from user with half a million followers
Lorenzo Di Cola | Nurphoto | Getty Images Social network Twitter, recently rebranded as X, has commandeered the handle “@music” from open-source software developer Jeremy Vaught, who told CNBC he […]
Tesla suspends production at its Shanghai plant, according to an internal notice
Tesla vehicles waiting for shipping transport in a large lot near the Waigaoqiao Container Port in Shanghai, China, on Friday, June 3, 2022. Qilai Shen | Bloomberg | Getty Images […]