Recent News

Tesla ‘very close’ to profitability, Musk declares in staff note

Elon Musk told Tesla employees that the company was on the cusp of making money, hours after he and the carmaker reached a settlement with the U.S. that steps up oversight of the CEO's communications of material information. ... Read More »

SEC forces Tesla board into overdue moves to dampen Musk’s dominance

A run-in with the SEC may prove to be the recipe for reform that corporate governance experts have said Tesla's board needed years ago. ... Read More »

Proposed U.S,-Mexico trade deal won’t hurt Toyota

Toyota's North American purchasing chief says the company can work with proposed changes to NAFTA. ... Read More »

Cadillac still sorting out details of HQ move

A GM spokesman said the company is "working on a plan" for the 110 or so employees in the New York location. ... Read More »

U.S., Canada said to be close to reaching NAFTA deal this weekend

United States and Canadian negotiators are close to a deal on NAFTA and there's optimism it will be reached by the Sunday deadline, people familiar with the talks told Bloomberg. ... Read More »

U.S., Canada said to be close to reaching NAFTA deal

The U.S. and Canada engaged in last-minute negotiations to update NAFTA by Sunday's deadline, though sticking points remain that could leave Ottawa out of the trade bloc. ... Read More »

Tesla’s Musk to resign as chairman but remain CEO in settlement with SEC

The Securities and Exchange Commission said on Saturday that Tesla and CEO Elon Musk had agreed to pay $20 million each under a settlement that will also see the billionaire step down as chairman after a tumultuous two months for the company. ... Read More »

Champion Porsche pledges to reimburse victims of alleged scam by salesman Shiraaz Sookralli

Champion Porsche says it will compensate more than two dozen customers who were victims of a scam by an employee who allegedly bilked them of more than $2.5 million dollars. ... Read More »

Lift on driving ban in Saudi Arabia puts millions more behind wheel, in market for car

When Saudi Arabia lifted its ban on women drivers in June, it triggered a market for potential new car sales. ... Read More »

2019 Subaru Forester: Automaker doesn’t mess with success

The redesigned 2019 Subaru Forester retains what made it popular, but adds refinements to keep with the times. ... Read More »