Ferrari will recall 2,222 cars in China on braking issues

Ferrari will recall cars imported between including 458 Italia, Speciale and Spider models, China's State Administration for Market Regulation said.

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Honda to cut output at Japan assembly plants as chip shortage grinds on

The company says the persistent semiconductor shortage as well as uncertain geopolitical affairs have caused delays in logistics and parts delivery.

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France issues arrest warrant for Carlos Ghosn

French prosecutors claim Ghosn, as well as four others, enriched the former CEO of Nissan and Renault by steering Renault funds through an Oman vehicle distributor.

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Tesla says Q1 net income, revenues surged

Elon Musk's EV company reported first-quarter net income of $3.32 billion compared with a profit of $438 million a year earlier.

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Lithia Motors' net income more than doubled in Q1

Lithia Motors' net income soared 119 percent in the first quarter, aided by increased new-vehicle and used-vehicle sales and higher vehicle selling prices.

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Ex-Ferrari tech chief eyed for McLaren CEO post, report says

Michael Leiters, who stepped down from Ferrari, is said to be a candidate for the top job at rival supercar maker McLaren.

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Lithia Motors' net income more than doubled in Q1

Lithia Motors' net income soared 119 percent in the first quarter, which was aided by increased new- and used-vehicle sales and higher vehicle selling prices.

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