News - Auto News


Chip shortage could cost auto industry $110 billion, AlixPartners says

The firm's updated forecast is nearly double its January estimate of the total revenue impact of the semiconductor shortage.

Fisker, Foxconn sign deal to build EV in U.S.

The deal calls for Fisker to design the vehicle and then hand it off to Foxconn to assemble at a plant in the U.S. No manufacturing locations were announced.

Partnerships urged for industry, government on AV deployment

The federal regulatory discussion comes amid multiple reports of Tesla vehicle crashes around the country.

Penske names new CFO

Penske Automotive Group named Shelley Hulgrave as CFO to replace the retiring J.D. Carlson, effective June 1.

Pebble Beach is back on, but not all automakers are on board

Sandra Button, chairman of the show, confirmed Wednesday that it will go on this year on its usual date, the fourth Sunday in August.