Apple has canceled its plans to release an electric car with self-driving capabilities, a secretive product that had been in the works for nearly a decade. The company on Tuesday told employees in an internal meeting that it had scrapped the project and that members of the group would be shifted to different roles, including…
Probably only Americans of a certain age remember when the Volkswagen Beetle was the best-selling imported car in the United States and the hippest ride to a Grateful Dead concert was a Volkswagen Microbus. Volkswagen is trying to tap some of that nostalgia in its latest push to regain the status and sales it enjoyed…
Probably only Americans of a certain age remember when the Volkswagen Beetle was the best-selling imported car in the United States and the hippest ride to a Grateful Dead concert was a Volkswagen Microbus. Volkswagen is trying to tap some of that nostalgia in its latest push to regain the status and sales it enjoyed…
There are more than four million electric vehicles on American roads, but fewer than 1,000 of them are heavy-duty trucks. On Tuesday, the three largest truck makers plan to announce a push to remedy that deficit by calling on governments and utilities to help them build many more places to charge big rigs. Daimler Truck,…
General Motors said on Tuesday that its profit in the final three months of 2023 was depressed by losses stemming from unsold electric vehicles and the cost of a 40-day strike at some of its U.S. plants. The automaker, which has been banking on a rapid rise in sales of battery-powered models, earned $2.1 billion…
The rental car company Hertz will be selling about one-third of the electric vehicles in its fleet after they lost value more quickly than expected, the company said on Thursday. The drop in value is a blow to the company’s efforts to replace gasoline vehicles with cars that do not produce tailpipe emissions. The electric…
