Once attracting great numbers of sales and plenty of investment from global automakers, China is now increasingly being dominated by its own domestic manufacturers — leaving foreign rivals there mostly on the outside looking in.

General Motors Co. is losing money in China. Ford Motor Co. isn’t spending on capital expenditures there. Tesla ...Read more

Elon Musk may not like to talk about this, but Tesla Inc. probably wouldn’t be one of the world’s biggest automakers today if not for a $465 million U.S. government loan at a make-or-break phase in the company’s development. Tesla went on to repay the loan nine years early on the way to briefly having a market value of more than $1 ...Read more

Allen Media Group, the company owned by TV mogul Byron Allen, is set to undergo a significant round of layoffs that will affect all divisions of the business.

“Allen Media Group is making strategic changes to better position the company for growth that will result in expense and workforce reductions across all divisions of the company,” a ...Read more

If you visited Elon Musk’s X last Saturday and clicked on Gov. Gavin Newsom’s press office account, you could watch him pull up to a Tesla charging station, step out of an electric Ford Mustang Mach-E, and announce that Tesla Superchargers were now open to non-Tesla EVs.

It’s a questionable assertion. Owners of electric Fords, Chevys, ...Read more

Before the pandemic, a steady stream of buses ferrying tourists from Brazil, China, Australia and elsewhere pulled into the Original Farmers Market every day. They typically idled for an hour or so, while their passengers ate and shopped for souvenirs at the historic collection of food stalls and kitschy shops in the heart of Los Angeles.

The ...Read more

MIAMI — It’s the hottest trend in the automotive industry, and it’s not electric vehicles or autonomous driving. It’s something far more prosaic and unlikely: the automotive-branded high-rise condominium tower.

It started with the Porsche Design Tower, which opened in 2017. The Bentley Residences followed in 2022, a 749-foot high, 60-...Read more

ATLANTA — It’s time for another edition of Design Your Perfect Car. Today’s feature: Chevrolet. OK. The perfect Chevy would be:

1) A bargain like a Chevy Trax.

2) Engaging performance like a Corvette.

3) Off-road capable like a Colorado Z71/Trail Boss/ZR2.

4) Tough like a Silverado pickup, dude.

5) Capable of seating six ...Read more

As Stellantis is known for delivering exceptional vehicles and options for consumers to enjoy, Alfa Romeo brings its Italian jive to the table with the ever-popular Stelvio Veloce (pronounced vel-oh-chay) AWD.

In Alfa Rosso Red, the Stelvio five-passenger SUV is a real beauty. At Grasso’s Garage, we place a high value on sight-lines, curves ...Read more

The new Audi S6 premium sport sedan offers one of those rare treats in life — getting more for less. In this case, more kicks, less money.

The formula is simple, really. Audi took the more sedate A6 and lit a fire under it with a twin-turbo 444-hp engine, added extra boost with an electric supercharger and gave it cheetah-like agility by ...Read more

The U.S. Department of Justice reiterated its argument that Google has broken antitrust laws through exclusive, multi-billion-dollar deals to maintain a dominant position in the market for online search and related advertising.

In closing arguments for a landmark competition case, the government presented evidence that Google has paid Apple ...Read more

Rivian’s decision to launch production of its second-generation electric vehicles in Normal, Illinois, rather than Georgia, will bring $1.5 billion in capital investment and hundreds of jobs to its central Illinois factory, the automaker and Gov. J.B. Pritzker announced Thursday.

Backed by $827 million in state incentives, Rivian plans to ...Read more

SAG-AFTRA has tapped audience measurement company Nielsen to provide streaming data that will inform how the performers union enforces certain terms of its new contract with the top studios.

Nielsen announced Thursday that it will function as the official third-party provider of streaming viewership numbers for the Screen Actors Guild-American ...Read more

Sony Pictures Entertainment and Apollo Global Management have officially put in a bid for Paramount Global, as competition for the storied film and TV company continues to heat up.

Sony and Apollo submitted their $26 billion all-cash offer this week, according to a person familiar with the matter who was not authorized to comment.

Under the ...Read more

Free-market enthusiasts and mutual admirers Elon Musk and Javier Milei, Argentina's new president, will headline next week's Milken Institute Global Conference, the annual Beverly Hills confab that tackles the world's most pressing problems with a dash of celebrity and Hollywood.

The Beverly Hilton event draws several thousand people from ...Read more

LANSING, Mich. — Any remaining grant funding yet to be disbursed to a Metro Detroit businesswoman who spent $4,500 in taxpayer dollars on a coffeemaker will be blocked under a spending bill the Michigan Senate Appropriations Committee approved Wednesday.

The supplemental budget bill includes language directing the State Budget Office to lapse...Read more

Ford Motor Co.'s U.S. sales declined 2.4% in April, though hybrid deliveries hit a new all-time monthly sales peak, the automaker said Thursday.

The drop from 184,002 vehicles to 179,588 came from declines for F-Series trucks, Broncos and other SUVs. Auto prices are declining, and automakers, including Ford, said they are increasing incentives,...Read more

To cut greenhouse gas emissions from airplanes, the Biden administration issued guidelines this week that could shape U.S. farming for decades by offering corn growers tax credits to turn their crop into jet fuel.

To qualify, farmers would have to do three things on the land where they grow the corn: plant cover crops, avoid tilling the soil ...Read more