News - Auto News

Tesla struggles with too much reliance on troubled CEO Elon Musk

Tesla's story has been such a soap opera that it's hard to know which twists and turns are worth heeding.

Tariffs hit toolmakers in supply chain

Supplier consultant Laurie Harbour says tariffs are raising tool costs for auto suppliers.

Lear CEO Mathew Simoncini tops Automotive News list of highest paid auto executives

Matthew Simoncini, who retired after guiding Lear to record sales and profits, was the highest-paid CEO at publicly traded U.S. automotive companies last year, according to the Automotive News/Equilar CEO Compensation study.

Toyota ordered to pay family $242 million for Lexus seat defect

A Texas jury on Friday hit Toyota with a $242 million verdict after finding that defects in the front seats of a 2002 Lexus ES300 caused serious injuries to a Dallas family's two young children.

Tearful Elon Musk tells NYT nobody reviewed Tesla funding tweet; SpaceX may help bankroll going-private transaction

Elon Musk said nobody reviewed his tweet about the plan to take Tesla private before he posted it, the New York Times reported, citing an interview in which Musk frequently teared up.