DETROIT — Sales of new vehicles in the U.S. fell 14.6% last year, but a second-half rebound from a coronavirus-related plunge in the spring kindled optimism for a recovery later this year. Automakers on Tuesday reported selling 14.57 million new vehicles for the year, a far cry from the five...
Walters: Newsom Huffs and Puffs, Like the Big Bad Wolf
Remember the children’s fable about the wolf who was attempting to capture and consume the three little pigs? If a pig refused to admit him or come out of its house, the wolf threatened: “Then I’ll huff, and I’ll puff, and I’ll blow your house in.” Gov. Gavin Newsom’s declaration that the state...
Tesla Gears up for Fully Self-Driving Cars Amid Skepticism
SAN FRANCISCO — Tesla CEO Elon Musk appears poised to transform the company's electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years. The technology required to make that quantum leap is scheduled to be shown off to Tesla...
White House Ends California Talks on Mileage Dispute
WASHINGTON — The Trump administration on Thursday broke off talks on vehicle mileage standards with California, increasing the chances of a court battle that threatens to unsettle the auto industry. The White House, which has proposed freezing the standards, said it would now move unilaterally to finish its own mileage...
On the Road to Make an Affordable Car, Tesla Cuts Jobs
Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla's cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to...