Tesla nets $331M for 5th straight quarterly profit

Volkswagen announced pricing of its freshened 2021 Arteon sedan, increasing the base price but cutting the sticker of the top trim level.

The automaker said it will start rolling out Escape hybrids as its fourth-generation AV test vehicle in the coming months. The previous three generations of test vehicles utilized the Fusion sedan, which has been discontinued.

After five months and at least 100 job applicants, the dealers association is promoting from within as it contends with the COVID-19 pandemic and switches gears to put on a virtual convention next year.

Toyota's venture capital firm said at CES in January that it would award funding ranging from $500,000 to $2 million to early-stage startups in what it's calling a worldwide "call for innovation” focused on smart, connected cities.

Volkswagen's proposed purchase of Navistar International would bring with it the International Harvester brand, which has a strong following among SUV fans.

The Tennessee assembly plant will become GM's third factory to build electric vehicles, starting with the Cadillac Lyriq. GM also outlined a series of other manufacturing investments totaling more than $2 billion.

The technology already is standard on the 2020 Sentra, Leaf, Maxima, Kicks, Rogue Sport and Titan and will be standard on the 2021 Rogue.

Show organizers cited the ongoing pandemic as well as a desire to take advantage of an upcoming 100,000-square-foot expansion to the Javits Center.

That strategy lets automakers avoid offending their most crucial audience: truck buyers. GM, Ford and FCA sell nearly three-quarters of their pickups -- their most-profitable, best-selling models -- in states President Trump won in 2016.

The Mercedes maker will lose hundreds of millions of euros if the UK leaves the EU without a trade deal, Daimler boss Ola Kallenius said.