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Automotive News

Tesla's 4Q net loss doubles but shares up on outlook

Tesla's 4Q net loss doubles but shares up on outlook

Tesla Motors posted its 11th straight quarterly loss Wednesday, and its results badly missed Wall Street's forecasts.

Tesla's 4Q net loss doubles

Electric car maker Tesla Motors says its net loss more than doubled to $320 million in the fourth quarter, hurt by lower-than-planned production of its new Model X SUV.

VW, Audi, BMW recall nearly 1.7M vehicles in air bag mess

Volkswagen, Audi and BMW are recalling nearly 1.7 million vehicles with Takata air bag inflators that can rupture and hurl shrapnel into drivers and passengers.

Government will consider Google computer to be car's driver

Computer as driver? 'Yes' from feds boosts self-driving cars

Computers that control cars of the future can be considered drivers just like humans, the federal government's highway safety agency has decided.

Nissan quarterly profit up on healthy sales; keeps forecasts

Nissan quarterly profit up on healthy sales; keeps forecasts

Japanese automaker Nissan reported Wednesday a 25 percent increase in fiscal third-quarter profit to 127.

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