Deep inside every modern car sits a component most drivers will never see and few executives used to think about. Yet this ...

STATEN ISLAND, N.Y. — About 55,000 model car kits have been recalled because of a potentially fatal ingestion hazard to children, the Consumer Product Safety Commission (CPSC) has announced. The ...

U.S. automakers are facing an unexpected and surprisingly critical shortage: magnets. Specifically, rare earth magnets. These tiny but powerful components are indispensable, powering everything from ...

The Tesla mystery magnet, which aims to remove the use of rare-earth elements in EV engines, was recently introduced at the Investor Day 2023 event. A view of a fully electric Tesla car on an assembly ...