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    (Photo by Dave Kotinsky/Getty Images for The Cantor Fitzgerald Relief Fund) via Getty Images
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    Trump selects Howard Lutnick as commerce secretary

    The Cantor Fitzgerland CEO will be responsible for delivering Trump’s promise of a 60% tariff on goods from China.

  • A silver Lucid Gravity electric SUV parked in front of a cantilevered building with blue sky in the background.
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    Courtesy of Lucid Group, Inc.
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    Lucid opens Gravity orders in bid to reshape SUV market

    The company will begin with production of the $94,900 Grand Touring trim, which has a range of over 440 miles.

  • 2024 Honda CR-V Sport Touring.
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    Courtesy of American Honda Motor Co.
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    Honda weighs production pivot ahead of potential tariffs

    The automaker is committed to ramping up U.S. electric vehicle production despite the incoming Trump administration's tariff threats, an executive said.

  • A white building between a small lake and a parking lot.
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    Courtesy of Microporous
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    Microporous to build $1.4B Virginia battery separator plant

    The company is set to receive up to $100 million in federal funds for the Danville facility.

    EVs
  • An interior view of the 2020 Ford Explorer SUV showing the dashboard with display for the backup cameras mounted in the center.
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    Courtesy of Ford Motor Co.
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    NHTSA fines Ford $165M for slow response to safety recall

    The agency says Ford did not fully comply with a 2020 recall of 620,000 vehicles for a rear backup camera fault.

  • A blue ID.4 electric SUV shown inside Volkswagen Chattanooga Operations plant in Tennessee.
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    Courtesy of Volkswagen Group of America, Inc.
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    VW taps new head of manufacturing for Chattanooga factory

    Henning Habicht will take over from Chris Glover, who will retire at the end of January after three years in the role. 

  • A model year 2024 Nissan Rogue.
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    Courtesy of Nissan
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    Automatic emergency braking is making progress at slow speeds: AAA

    The technology helped model year 2024 vehicles avoid 100% of crashes at 35 miles per hour, but work is still needed to improve safety at higher speeds.

  • The engine bay of a 2018 Honda Odyssey equipped with the automaker's 3.5 liter six-cylinder engine.
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    Courtesy of American Honda Motor Co.
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    NHTSA probes 1.4M Honda vehicles for engine failures

    The agency is assessing whether a connecting rod bearing issue was missed in a previous recall. 

  • Hyundai Palisade on the road
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    Artistic Operations via Getty Images
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    Hyundai shakes up C-suite to drive growth

    The global company made nine executive moves, including the promotion of presidents and CEOs to lead Hyundai Motor Co. and Kia Corp.

  • A person sits at a park table, working on a laptop and wearing ear buds.
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    Cindy Ord / Staff via Getty Images
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    Remote workers say they miss out on promotions — but they don’t want RTO

    United Culture noted that employees continue to favor workplace flexibility, highlighting “a disconnect between what leaders and their employees want.”

  • Waymo J.D. Power mobility index
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    Mario Tama via Getty Images
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    AV confidence gains traction, but still room for improvement: JD Power

    Consumers are concerned about safety as well as their personal data protection when riding in a self-driving vehicle.

  • A white 2020 Chevy Silverado 2500 HD driving on a road while towing a tractor on a trailer.
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    Courtesy of General Motors
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    GM recalls 462K pickups, SUVs for potential rear wheel lock-up

    The transmission control valve is susceptible to excessive wear on the vehicles equipped with diesel engines.

    Updated Dec. 3, 2024
  • The Bank of America logo is displayed on the side of a Bank of America branch office January 20, 2010 in San Francisco, California.
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    Justin Sullivan / Staff via Getty Images
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    The workforce is aging. Here’s how tailored benefit packages can make a difference.

    Providing benefits that factor in age and individual needs are key to productivity, according to a report by Bank of America and the Global Council on Aging.

  • A man in glasses in front of a white car and a screen on stage.
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    Phillip Faraone for Rivian via Getty Images
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    Volkswagen, Rivian launch their $5.8B joint venture

    The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.

  • Hand holding Saphire Preferred credit card reaches to tap the card at a fuel pump.
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    Justin Sullivan via Getty Images
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    Average salary increases are sloping downward, survey shows

    More companies returned to the “typical” salary increase range of 3% to 3.9% in 2024, Salary.com found.

  • A production operator at Stellantis' Detroit Assembly Complex loads a door frame for a Jeep Grand Cherokee.
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    Courtesy of Stellantis
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    Stellantis to lay off 400 workers at Detroit material logistics facility

    The latest job cuts follow last week’s lay off announcement of 1,100 UAW-represented employees at the automaker’s Toledo South Assembly Plant in Ohio.

  • A Polestar 3 electric SUV plugged in for charging at a Tesla Supercharger location.
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    Courtesy of Polestar
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    Polestar’s US customers gain Tesla Supercharger access

    The company’s expanding global charging network also includes 20,000 Supercharger locations in Europe and 200 cities across China.

  • Rivian R2 LG Energy Solution cylindrical battery
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    Provided by Rivian

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    Rivian locks in 5-year battery deal with LG Energy Solution

    The U.S.-based electric vehicle maker’s agreement shores up its domestic supply chain.

  • A man stands in front of a podium in a suit.
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    Bill Pugliano via Getty Images
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    Automotive groups react to Donald Trump’s victory

    Companies say they are now turning their focus on policies to protect and grow jobs.

  • Senior carpenter receives advice from younger worker
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    Professional Studio Images via Getty Images
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    Deloitte: Most workers worry future generations won’t have adequate human skills

    Training, shadowing and on-the-job opportunities could help close the gap, with many workers saying they want these experiences, Deloitte says.

  • Americans car loan debt Edmunds
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    Justin Sullivan via Getty Images
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    Rising share of consumers owe more on their cars than they’re worth

    At least one in five consumers had negative equity of more than $10,000 in Q3, according to Edmunds research.

  • Federal Reserve Chair Jerome Powell.
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    Scott Olson via Getty Images
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    Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs

    The reduction in borrowing costs came just two days after Donald Trump won a second term as president, heralding likely economic policy shifts.

  • A 2023 Ford Super Duty pickup with the rear tailgate down showing the camera and backup sensor.
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    Courtesy of Ford Motor Co.
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    Ford recalls 25K F-Series Super Duty pickups over tailgate camera fault

    The automaker’s investigation into warranty claims revealed that the camera bracket had not been designed or tested for potential water intrusion before being introduced in series production.  

  • The front badge of the Nissan Aiyra electric SUV.
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    Courtesy of Nissan Motor Co. Ltd
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    Nissan plans to cut 9,000 jobs as it slashes global production

    CEO Makoto Uchida said the cost-cutting move is in response to weak sales and a 90% drop in operating profit. 

  • Two workers at Stellantis's Toledo, Ohio Assembly Complex installing the windshield on a blue Jeep Gladiator.
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    Courtesy of Stellantis
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    Stellantis to lay off 1,100 at its Toledo South Assembly Plant

    The layoffs are effective as early as Jan. 5, 2025. The automaker called it a “necessary action to reduce high inventory levels.”