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Cool, combative and holding firm on SolarCity

Elon Musk was cool but combative as he testified in a Delaware courtroom that Tesla Inc.’s more than $2 billion acquisition of SolarCity in 2016 wasn’t a bailout of the struggling solar provider. Musk said he “definitely” did not have any…

Ford China Q2 sales dip 3.6% behind chip crunch

The severe chip shortage that has disrupted light-vehicle output worldwide put a dent in second-quarter China sales at Ford Motor Co. and its two joint ventures, with volume dropping 3.6 percent from a year earlier to 152,885 vehicles.…

VW Group CEO Diess gets contract extension

FRANKFURT -- Volkswagen Group CEO Herbert Diess received a contract extension under which he will lead the automaker until October 2025. Diess will remain in his post until his 67th birthday, VW said in a statement on Friday. Diess and his…

No more returning leased cars to others’ lots

Honda Motor Co. has a rude surprise for drivers of its leased cars: No more turning in your vehicles to other dealers. The carmaker said Thursday it will require the drivers with expiring leases to return their vehicles to authorized Honda…