Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
Category: Automobiles
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Honda Posts First Ever Annual Loss After Pullback From E.V.s
The New York Times – Business: -
Honda Posts First Ever Annual Loss After Pullback From E.V.s
The New York Times – Business:Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
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Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
The New York Times – Business:Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
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Why Your Life Is Now on Subscriptions
The New York Times – Business:As companies look to build cash flow and loyalty, everything from heated car seats to earthworm deliveries can become a recurring charge on your credit card.
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Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year
The New York Times – Business:Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
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Driving Electric in Costa Rica Is Surprisingly Doable
The New York Times – Business:The charging network is spotty, but it’s a small country.
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These Countries Embrace E.V.s to Avoid Oil Price Shocks
The New York Times – Business:People in Costa Rica and other Latin American, Asian and African countries are increasingly buying electric vehicles to avoid spiking fuel prices.
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Ford Reports Higher Profit Thanks Partly to Tariff Refund
The New York Times – Business:Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
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G.M.’s Profit Bolstered by a $500 Million Tariff Refund
The New York Times – Business:Because of a February Supreme Court decision, General Motors said it would receive refunds on some of the tariffs it had paid.
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The Rise of the High-Range, Less Expensive E.V.
The New York Times – Business:Even as the electric vehicle market slumps, there are more long-range E.V.s under $40,000 than ever before.
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The Rising Chinese Automaker Not Named BYD
The New York Times – Business:Geely is challenging the giant BYD by adapting quickly to swings in demand and energy prices, seizing on interest in electric vehicles prompted by the war in Iran.
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Thousands of EV Car Leases Are Ending Soon, Giving Buyers a More Affordable Option
The New York Times – Business:The leases on hundreds of thousands of battery-powered cars and trucks will end in the next three years, and many will end up on used-car lots.