Both federal and state safety regulators are currently investigating a series of incidents involving Cruise’s driverless vehicles.

The economic provisions of this agreement mirror the patterns set by Ford and Chrysler parent Stellantis.

The move is part of Tesla’s ongoing efforts to bolster its workforce and enhance its competitiveness in the German labor market.

BMW’s confidence in strong sales was underpinned by an improving vehicle availability as supply chain bottlenecks began to ease.

Nikola Corporation exhibited significant progress in its transition to hydrogen-fuel cell trucks by securing 277 non-binding orders.

Tesla delivered 72,115 electric vehicles (EVs) produced in China in October, marking a 2.6% decline compared to the previous month.

The decrease is believed to be linked to a recent strike by the United Auto Workers (UAW) union at some of Ford’s facilities.

Uber will be responsible for the lion’s share of the settlement, with a payment of USD 290 million, while Lyft will contribute USD 38 million.

This move follows the tentative labor agreement reached by the UAW, which aims to enhance workers’ pay, retirement benefits, and more.

Toyota, in particular, drew attention when it announced wage and benefit increases for its workers just after the Detroit Three contract negotiations concluded.