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TOKYO — Toyota will continue its low-profile approach to Olympic sponsorship during this month’s Winter Games in Beijing, despite splurging to be the exclusive mobility provider to the international sporting events. All told, the world’s biggest automaker will provide some 2,200 vehicles for the Beijing Olympiad, to shuttle around athletes, coaching staff, officials and VIPs, […]

WASHINGTON — Commerce Secretary Gina Raimondo said she would be willing to consult Elon Musk on how to improve semiconductor supply chain shortages impacting the auto industry, despite President Joe Biden’s repeated snubs of the Tesla Inc. founder. “None of this is personal,” Raimondo said in an interview Thursday with CNBC. “These issues are way

Canadians Annie Brennan and Shea Brennan bought their first dealership in the U.S. in December, a Buick-GMC store in upstate New York. The Brennans bought Knight Buick-GMC in Plattsburgh on Dec. 13 from Richard Knight Jr. The dealership was renamed Brennan Buick-GMC. “Shea and I had been looking to purchase our own store in Atlantic

President Joe Biden calls himself a union guy and a car guy, and he’s embraced electric vehicles as vital to his economic and climate ambitions. But there’s one U.S. car company he won’t talk about: Tesla Inc., the world’s most valuable automaker and the global brand most clearly associated with EVs. “I meant it when

Electric vehicle firm Faraday Future said on Tuesday a review had identified inaccurate statements its employees made to investors and announced changes in its leadership structure. Faraday said it had appointed Susan Swenson, an independent member of its board, to the newly created position of executive chairperson of the company. The company said its chief

Hyundai snapped a five-month losing streak with a 10 percent gain in January U.S. sales while volume dropped for the sixth straight month at Kia as the microchip shortage and other supply-chain disruptions continue to upend industry stockpiles. Retail deliveries rose 18 percent, offsetting zero fleet shipments last month, Hyundai said. The company set a January

A 180-day suspension on Carvana’s operations in Raleigh, N.C., expired on Saturday, leaving the online used-retail giant free to continue selling in the area. The suspension was handed down last August, after a North Carolina Division of Motor Vehicles investigation found the company didn’t deliver title work on time, issued out-of-state, temporary tags for a

Cox Automotive, a unit of privately held Cox Enterprises, has launched a new Mobility division to provide commercial services to vehicle manufacturers, dealers and fleet operators, the company said on Monday. Cox Automotive Mobility will offer data, insights and technical expertise in four areas — fleet services, fleet operations, EV battery solutions and emerging ventures.

Both on the ground and in the air, autonomous taxis remain an enticing prospect for financial investment. Two autonomous-vehicle companies revealed substantial funding last week, with Toyota-backed May Mobility raising $83 million in a series C round that keeps the startup on pace to begin “driver-out” operations in 2023. It will take a little longer

A few years ago, Nissan’s U.S. business was in free fall — its balance sheet hemorrhaging, a rebellious dealer body and customers largely uninterested in the brand. Nissan’s outlook today is decidedly brighter. The Japanese automaker is at the tail end of a product overhaul that is drawing more customer attention. Tight new-vehicle supplies and