DETROIT — Tesla shares fell sharply April 20 as the company felt the sting of numerous price cuts it made across its model lineup this year in hopes of energizing sales.

DETROIT — Nearly 43,000 people died in U.S. traffic crashes in 2021, the highest number in 16 years, with deaths due to speeding and impaired or distracted driving on the rise.

DETROIT — Challenger Shawn Fain defeated Ray Curry, president of the United Auto Workers, in a close election and vowed to take a more confrontational stance in negotiating with automakers.

DETROIT — U.S. auto safety regulators have opened an investigation into Tesla’s Model Y SUV after getting two complaints that the steering wheels can come off while being driven.

DETROIT — Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories.

DETROIT — Stellantis is moving closer to closing its factory in Belvidere, Ill., as it prepares for the costly transition from internal combustion to electric vehicles.

DETROIT — Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors’ fourth-quarter net income up 16% over the same period a year ago.

Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup.

DETROIT — With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Jan. 13 on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.

DETROIT — The head of the National Transportation Safety Board expressed concern on Jan. 11 about the safety risks that heavy electric vehicles pose if they collide with lighter vehicles.