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China offers $1,380 for car trade-ins

Drivers in China who trade in an old car for a newer model are eligible for a subsidy of up to 10,000 yuan ($1,380), the commerce ministry has announced....

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Tesla boss Elon Musk postpones India trip

Tech billionaire Elon Musk announced Saturday he was postponing his visit to India, during which the Tesla boss was meant to meet Prime Minister Narendra Modi and discuss big investment plans.

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Nissan cuts sales, profit forecasts

Japanese auto giant Nissan said Friday it had lowered its sales and profit forecasts for the聽fiscal year that ended on March 31, citing higher costs...

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Tesla will unveil robotaxi in August: Elon Musk

Elon Musk revealed on Friday that Tesla will pull back the curtain on a robotaxi this summer, news that comes as adoption of self-driving vehicles hits speed bumps over safety concerns....