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Tag: automobiles

An employee polishes the 2025 Ford Maverick Hybrid pickup truck during the Los Angeles Auto Show, in Los Angeles, California, U.S., November 21, 2024. REUTERS/Daniel Cole

Ford’s annual US auto sales rise 6% on demand for hybrids, affordable pickup truck

The Detroit automaker’s annual sales rose 6% in 2025 to 2,204,124 units, from 2,078,832 a year ago.

Read More Ford’s annual US auto sales rise 6% on demand for hybrids, affordable pickup truck
A Tesla model 3 is pictured inside a showroom, as the U.S. prepares to announce tariffs on Taiwan, in Taipei, Taiwan July 31, 2025. REUTERS/Ann Wang

Tesla loses EV crown to China’s BYD as competition, tax credit expiry hit demand

Tesla ceded its crown as the world’s top electric vehicle maker to China’s BYD, after annual sales fell for a second year.

Read More Tesla loses EV crown to China’s BYD as competition, tax credit expiry hit demand
Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay/File Photo

Ford recalls more than 270,000 electric and hybrid vehicles due to roll-away risk

Ford is recalling more than 270,000 electric and hybrid vehicles in the U.S. because of a parking function problem that could lead to them rolling away.

Read More Ford recalls more than 270,000 electric and hybrid vehicles due to roll-away risk
The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan, U.S. September 16, 2021. REUTERS/Rebecca Cook/File Photo

Ford’s EV retreat highlights industry dilemma: Build for the US or the world?

Farley had spent years telling staff and investors that catching up to Tesla and China’s leading EV makers amounted to an existential struggle.

Read More Ford’s EV retreat highlights industry dilemma: Build for the US or the world?
Tesla electric vehicles are parked in a storage lot outside a disused movie theatre in Scottsdale, Arizona, U.S., June 11, 2024. REUTERS/Go Nakamura/File Photo

Tesla board made $3 billion via stock awards that dwarfed tech peers

Elon Musk’s brother Kimbal has earned nearly $1 billion since 2004, based on the appreciated value of stock options held or liquidated.

Read More Tesla board made $3 billion via stock awards that dwarfed tech peers
Michael Jordan, co-owner of 23XI Racing, sits in his pit box during a NASCAR Cup Series auto race at Talladega Superspeedway, Sunday, Oct. 6, 2024, in Talladega, Ala. (AP Photo/ Butch Dill, File)

NASCAR settles federal antitrust case filed by 2 of its teams, one owned by NBA great Michael Jordan

The lawsuit filed by Michael Jordan’s 23XI Racing and Front Row Motorsports had shadowed NASCAR for more than a year.

Read More NASCAR settles federal antitrust case filed by 2 of its teams, one owned by NBA great Michael Jordan

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