There’s a new car that’s turning heads at the New York Auto Show worth about $3 million and it’s already sold out. Robert Frank gives a close look at this new car in demand.

Are automakers embracing electronic vehicles and what type of luxury brand electric cars may be in the market in the near future? Phil LeBeau reports from the New York International Auto Show.

Electric vehicles nearly doubled their market share from 2017 to 2018, according to car research company Edmunds. Still, they represent a small portion of the market.

General Motors finally ended what has been one of the biggest mysteries in the auto industry, posting a link on its website and on social media announcing the “next generation Corvette reveal event” on July 18, along with photos of a barely camouflaged car that would be the first-ever mid-engine version of the Chevrolet sports car.

Tesla and Panasonic have paused expansion the Gigafactory 1, as investors increasingly worry about possibly weakening demand for Tesla cars, reported the Nikkei Asian Review on Thursday.

Morgan Stanley cut Tesla price target Monday, saying it expects the automaker to deliver fewer vehicles in 2019, especially its high-end Model S sedan and Model X sport utility vehicle.

Tesla shares fell as much as 10.7% Thursday as investors reacted to disappointing delivery numbers, which will hurt profits in the first quarter.

Trucks, SUVs and crossovers made up 80 percent of GM’s sales mix, the company says.

The investment is a portion of $1.8 billion GM pledged to spend on manufacturing in the U.S., which will create 700 new jobs and support a further 28,000 jobs across six states, the company said.

New crash tests show pickups with some of the oldest designs could struggle to protect passengers riding in the front seat.

Tesla unveiled its long-awaited Model Y at the company’s design studio in Los Angeles on Thursday night.

Kate Rogers examines how auto repair brands are working to meet a constant demand of technical workers.

In response to a 2018 sales slump, RV manufacturers are investing in new tech that they hope will revitalize the industry. Frank Holland reports.

Rebecca Cook | Reuters – Fiat Chrysler Automobiles assembly workers build 2019 Ram pickup trucks at the FCA Sterling Heights Assembly Plant in Sterling Heights, Michigan, October 22, 2018. Fiat Chrysler said a recall of more than 800,000 vehicles reported earlier Wednesday by Reuters was the result of routine testing under new emissions guidelines adopted by …

Current and former Tesla employees say the company reduced headcount by at least another eight percent.