A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet-owned Waymo has informed the National Highway Traffic Safety Administration that one of its driverless vehicles “struck a child near an elementary school” in Santa Monica, California The Jan. 23 incident is now being investigated by… Continue reading A Waymo hit a child near an elementary school. The NHTSA is investigating
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GM is nailing the U.S. auto industry’s profit, politics balancing act under Trump
Mary Barra, CEO of General Motors, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David A. Grogan | CNBC DETROIT — General Motors is proving to be a star tightrope walker when it comes to balancing its profits,… Continue reading GM is nailing the U.S. auto industry’s profit, politics balancing act under Trump
What tariffs? Toyota hits record sales in 2025, despite Trump’s auto levies
A Toyota dealership is seen on November 19, 2025 in Austin, Texas. Brandon Bell | Getty Images Toyota Motor has retained its position as the world’s top-selling automaker in 2025, posting record sales of 10.5 million units, the Japanese auto giant reported on Thursday. Sales of Toyota and its luxury Lexus marque rose 3.7% from… Continue reading What tariffs? Toyota hits record sales in 2025, despite Trump’s auto levies
CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. New Delhi-based tech startup founder Ashita Gupta loves her cars. With prospects of luxury European cars becoming cheaper, Gupta, who drives an Audi A6, is considering buying another high-end vehicle. It… Continue reading CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
Tesla tops estimates for quarter, but wraps up first annual revenue drop on record
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla reported better-than-expected fourth-quarter results after the bell on Wednesday, but revenue for the year dropped 3%, the first time on record the company has recorded an annual decline. The stock rose 3% in extended… Continue reading Tesla tops estimates for quarter, but wraps up first annual revenue drop on record
Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Waabi founder and CEO Raquel Urtasun Courtesy of Waabi Autonomous trucking startup Waabi has raised $750 million in a new round of venture funding to expand into the robotaxi market, the company announced Wednesday. Waabi’s series C round is led by Khosla Ventures and G2 Venture Partners, the startup announced Wednesday. The deal is one… Continue reading Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs
General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in… Continue reading GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs
Tesla lost $15 billion in brand value in 2025 as Musk stepped deeper into politics, research shows
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images The value of Tesla’s brand lost $15.4 billion, about 36%, in 2025, marking a third-straight annual decline, according to research and consulting firm Brand… Continue reading Tesla lost $15 billion in brand value in 2025 as Musk stepped deeper into politics, research shows
‘A day of celebration’: What the blockbuster EU-India trade deal means for auto giants
India’s Prime Minister Narendra Modi (C) poses for a photograph with European Commission President Ursula von der Leyen (R) and European Council President Antonio Costa before their meeting at the Hyderabad House in New Delhi on January 27, 2026. Sajjad Hussain | Afp | Getty Images A landmark trade deal between the European Union and… Continue reading ‘A day of celebration’: What the blockbuster EU-India trade deal means for auto giants
India and European Union have closed a ‘landmark’ free trade deal, Prime Minister Modi says
TOPSHOT – European Commission President Ursula von der Leyen (L) and India’s Prime Minister Narendra Modi look on before their meeting at the Hyderabad House in New Delhi on February 28, 2025. The European Union is exploring a security and defence partnership with India, EU chief Ursula von der Leyen said on February 28 before… Continue reading India and European Union have closed a ‘landmark’ free trade deal, Prime Minister Modi says