We've all learned a lot about generative artificial intelligence, its predecessors and machine learning in the last year and a half. It continues to pervade the automotive industry.

BMW AG is recalling nearly 700,000 vehicles in China due to coolant pump defects.

IBM has been expanding Maximo's capabilities to monitor the health of production machinery and tooling by using data to predict when critical maintenance is needed. The goal: Prevent unplanned downtime.

The UAW is aware of the grave dangers of an ill-equipped and unrepresented workforce.

The Sealion 7 will be the brand's most technologically advanced model in Europe.

Autos

CNBC Daily Open: High interest rate worries pressure stocks

Tue, 22 Oct 2024 06:55:00 GMT

Experts and markets think both the U.S. economy and interest rates will remain warm — if not hot — to the touch.

General Motors is set to report earnings before the bell. Here's what Wall Street expects

Tue, 22 Oct 2024 04:01:01 GMT

GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

Mon, 21 Oct 2024 20:21:18 GMT

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Elon Musk offers $1 million a day to entice swing state voters to sign petition

Mon, 21 Oct 2024 15:47:45 GMT

Elon Musk said he will give away $1 million daily until Election Day to registered voters in swing states who sign his America PAC petition.

Stellantis to shutter and sell large testing facility amid cost-cutting efforts

Fri, 18 Oct 2024 21:54:14 GMT

Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.

Tesla faces NHTSA investigation of ‘Full Self-Driving’ after fatal collision

Fri, 18 Oct 2024 11:49:59 GMT

Tesla faces a new U.S. probe concerning its "Full Self-Driving" systems, and whether they are safe to use in "reduced roadway visibility conditions."

Germany’s auto giants are struggling to stay relevant

Fri, 18 Oct 2024 08:36:37 GMT

Germany's automotive sector, long recognized for producing high-quality cars, is struggling to preserve its relevance in the age of electrification.

Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China

Thu, 17 Oct 2024 08:26:46 GMT

Europe's top carmakers unveiled low-cost EVs at the Paris Motor Show this week, seeking to recapture some of the market share held by Chinese brands.

Lucid stock tumbles following public offering to raise $1.67 billion

Thu, 17 Oct 2024 21:23:35 GMT

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."

Chevrolet aims to defend highly profitable SUV market position with updated Tahoe, Suburban

Wed, 16 Oct 2024 21:01:55 GMT

The Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for more than 45 years, according to GM.

GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.

Wed, 16 Oct 2024 20:46:44 GMT

The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.

The solid-state batteries hype is fading – prompting auto giants to consider alternatives

Wed, 16 Oct 2024 05:13:29 GMT

Despite the hype around solid-state batteries, some analysts believe an alternative could serve as a bridge between these are traditional lithium-ion batteries.

American consumers are increasingly underwater on their car loans

Tue, 15 Oct 2024 17:31:33 GMT

Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.

Inside a high-tech parking garage where robots valet park your car

Tue, 15 Oct 2024 14:02:51 GMT

Better-utilized space for parking could mean a developer needs fewer floors devoted to vehicles — freeing up square footage for residences.

From swimming cars to rectangular steering wheels, here's what's going on at the Paris auto show

Tue, 15 Oct 2024 05:54:34 GMT

Auto giants have descended on the Paris Motor Show to showcase their latest concepts and production models.

Xpeng president says Chinese EV firm remains committed to Europe despite pressure from tariffs

Tue, 15 Oct 2024 05:11:57 GMT

Xpeng, the Chinese electric vehicle maker, says it remains committed to Europe for the long term despite pressure it faces from the European Union's tariffs.

Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more

Sun, 13 Oct 2024 13:36:31 GMT

With the U.S. election less than a month away, the country and its corporate sectors are staring down two drastically different options.

Jim Cramer says hold still on Tesla stock after Cybercab debut flops

Fri, 11 Oct 2024 22:47:13 GMT

After Wall Street balked at Tesla's highly-anticipated robotaxi unveiling, CNBC's Jim Cramer told investors not to make any moves on the stock.

Ride-sharing giants Uber, Lyft jump after Tesla's 'toothless taxi' fails to excite investors

Fri, 11 Oct 2024 19:03:44 GMT

Tesla's hyped robotaxi unveiling posed a threat to Uber's ride-sharing aspirations, but it has turned into a boon for the stock instead.

Tesla shares drop 9% after Cybercab robotaxi reveal 'underwhelmed' investors

Fri, 11 Oct 2024 20:03:55 GMT

Tesla shares tumbled on Friday after the company's long-awaited robotaxi event failed to impress investors.

Elon Musk hypes $30,000 Tesla self-driving Cybercab and larger Robovan at robotaxi event

Fri, 11 Oct 2024 15:44:54 GMT

Tesla's long-awaited robotaxi event started almost an hour late on Thursday and included more big promises from Elon Musk.

Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk

Thu, 10 Oct 2024 22:33:18 GMT

Tesla’s robotaxi event on Thursday will test investors faith in Elon Musk’s vision

Trump proposes new tax break on car loan interest

Thu, 10 Oct 2024 19:46:55 GMT

Donald Trump supported making interest on car loans fully tax deductible, the latest tax-cut promise the GOP nominee has made before Election Day.

Stellantis is struggling. Here's why

Thu, 10 Oct 2024 12:00:01 GMT

Jeep, Dodge, Ram and Chrysler owner Stellantis is struggling despite a banner year and big promises of a bright future.

Tributes pour in for Ratan Tata from industry titans and politicians

Thu, 10 Oct 2024 13:27:31 GMT

Tata is credited with taking his business house global via several high-profile acquisitions including that of Jaguar-Land Rover in 2008.

Swedish battery maker Northvolt says head of Europe’s first homegrown gigafactory to step down

Wed, 09 Oct 2024 15:05:36 GMT

It comes shortly after the cash-strapped company announced plans to reduce its workforce by about 25% in Sweden as part of a major cost-cutting drive.

Here's what investors need to know after GM's capital markets day

Wed, 09 Oct 2024 14:58:54 GMT

Wall Street analysts were unchanged in their opinion and ratings of General Motors, citing continued optimism but a lack of details in its overall strategy.

Sweden's Volvo says deputy CEO to step down in management reshuffle as EV demand slows

Wed, 09 Oct 2024 11:26:22 GMT

It comes shortly after Volvo Cars abandoned its near-term goal of selling only electric vehicles, citing a need to be "pragmatic and flexible."

CNBC Daily Open: Stocks’ choppiness in October can be an opportunity

Wed, 09 Oct 2024 00:50:04 GMT

The see-saw motion of stocks in October isn’t all that bad if investors can seize the right time to enter the market or solidify their positions further.

Brazil lifts ban on X after Elon Musk complies with court orders

Tue, 08 Oct 2024 23:44:19 GMT

Following a months-long standoff with the country's supreme court, X is coming back online in Brazil.