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The chief financial officers for two of the U.S.’s largest car companies— General Motors Co. GM 2.95% and Ford F 0.57% Motor Co.—say consumer demand remains strong, but they are watching for signs of a U.S. recession.At a Deutsche Bank conference Wednesday, Ford CFO John Lawler said an economic downturn is a possibility and that the auto maker was trying to…

Several top auto-industry executives are urging lawmakers to lift a cap on the number of electric vehicles a car company can sell before their models are no longer eligible for a $7,500 tax credit. In a joint letter sent Monday to House and Senate leaders, the chief executives of four auto makers— Ford F -7.37% Motor Co., General Motors Co. GM -7.77% , Stellantis…

Elon Musk wants Tesla Inc. TSLA -2.36% employees back in the office. The electric-vehicle maker’s employees are required to spend at least 40 hours a week in company offices, the Tesla boss said this week in an email to staff that was confirmed by The Wall Street Journal. “Tesla has and will create and actually manufacture the most exciting and meaningful products of any company on Earth,”…

General Motors plans to convert Buick’s vehicle lineup to all-electric in North America by the end of the decade, targeting a fresh start for the 119-year-old brand.GM said Wednesday that the planned introduction of a new electric sport-utility vehicle in 2024 would mark the beginning of Buick’s conversion to an all-EV portfolio. The company declined to offer details of that model, which would be Buick’s first fully electric vehicle sold in the U.S. General Motorsplans to convert Buick’s vehicle lineup to all-electric…

U.S. efforts to build a national network of electric vehicle charging stations are moving slowly as states figure out how to fairly dole out public funding to kick-start a new service industry.As the Biden administration prepares to give states $7.5 billion for new charging stations, a similar recent effort suggests a difficult path is ahead. States received $424 million that could be used for charging stations as part of a $2.8 billion settlement by Volkswagen AG VOW 4.16%…

Electric-vehicle sales are accelerating, but U.S. efforts to build a national network of charging stations are moving slowly as states figure out how to fairly dole out public funding to kick-start a new service industry.As the Biden administration prepares to give states $7.5 billion for new charging stations, a similar recent effort suggests a difficult path is ahead. States received $424 million that could be used for charging stations as part of a $2.8 billion settlement by Volkswagen AG…

Auto maker Stellantis NV and Samsung SDI Ltd. said Tuesday that they would build a new battery plant in Indiana to support the Jeep and Ram manufacturer’s electric-vehicle production plans.The $2.5 billion plant is expected to break ground later this year and open in the first quarter of 2025, they said. Auto maker Stellantis NV and Samsung SDILtd. said Tuesday that they would build a new battery plant in Indiana to support the Jeep and Ram manufacturer’s electric-vehicle production plans.The $2.5 billion plant is…

Toyota TM 1.12% and Nissan NSANY -1.30% are giving more warning signals about the road ahead than their American peers. This is misleading: The Japanese players may actually handle it better. Nissan said it expected an operating profit of 250 billion yen, equivalent to roughly $1.9 billion, for the year through March 2023—in line with what it achieved in the last fiscal year. Analyst…

According to a media release, GM and Red Hat intend to make these complex vehicle updates simpler and more frequent by implementing continuous functional-safety certification into the Ultifi platform with Red Hat In-Vehicle Operating System pioneering the continuous certification approach, announced last year.New Delhi: General Motors, and Red Hat Inc., a provider of open-source solutions, announced a collaboration to help advance software-defined vehicles at the edge. The companies expect to expand an ecosystem of…

Even coming off its fastest annual growth in 37 years, the US economy is still bogged down by a persistent shortage of the computer chips essential to the technology that connects, transports and entertains us.The problem has been building since pandemic-related lockdowns shut down major Asian chip factories more than two years ago. Now it threatens to extend into the indefinite future, despite the semiconductor industry's efforts to catch up with demand.The House of Representatives passed a bill February 4 that could…