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Japanese Automakers Post Strong April Sales Numbers, Korean Automakers See Sales Dip

Japanese Automakers Post Strong April Sales Numbers, Korean Automakers See Sales Dip

The expanding popularity of electrified vehicles, particularly hybrids, continues to help boost sales of new vehicles amid growing signs consumers are switching to smaller, more affordable vehicles in the face of rising prices and the highest interest rates in nearly a quarter of a century.

Tesla Gets Go From China to Launch Full Self-Driving Tech, Sending Stock Soaring

Tesla Gets Go From China to Launch Full Self-Driving Tech, Sending Stock Soaring

Tesla CEO Elon Musk scored a much-needed win during a surprise trip to China over the weekend, a top Chinese official giving the automaker approval to launch its Full Self-Driving technology in the country’s massive car market. The news sent Tesla stock soaring – but also drew concerns coming days after a damaging assessment of Tesla’s original Autopilot system by U.S. regulators.