The company is investing in robots and self-driving taxis that are not yet generating significant sales.
Category: Automobiles
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Tesla Profit Rises but Remains Below Earlier Highs
The New York Times – Business: -
The Mighty Engine That Jaguar Built, and Built Jaguar
The New York Times – Business:For 42 years, the XK was Jaguar’s secret weapon. It proved its worth on the racetrack and powered generations of cars. The company’s leap into electrics could take a similar path.
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Pentagon Seeks Help From Ford and G.M.
The New York Times – Business:Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing certain parts.
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Ford Says Doug Field, Who Led Company’s E.V. Push, is Leaving
The New York Times – Business:Doug Field, a former Tesla and Apple executive, had returned to Ford Motor in 2021 to help develop new electric models and software.
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Detroit Aims to Become Center of U.S. Drone Manufacturing
The New York Times – Business:The state, known for making cars, is spending millions to entice drone manufacturers that can bring new business to auto suppliers.
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No Doors, No Roof, No Worries: A Tiny Racecar Sets Its Sights on the U.S.
The New York Times – Business:The British company Caterham is making a push into the American market with the lone car in its catalog, the Seven, based on the original Lotus Seven.
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Volkswagen to End E.V. Production at Tennessee Plant
The New York Times – Business:The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models.
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Tesla Sales Rise as $4-a-Gallon Gas Revives Interest in E.V.s
The New York Times – Business:The repeal of tax credits last year sent electric vehicle sales plummeting. But with gas prices soaring, consumers are taking another, cautious, look.
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G.M. Reports Sharp Decline in Car Sales Amid War and High Prices
The New York Times – Business:Toyota, Honda and Hyundai reported drops in March. Some blamed gasoline prices.
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China Eases Planned Increase to Gas Prices for 300 Million Drivers
The New York Times – Business:In China, where half of new cars are electric vehicles or hybrids, a vast population still depends on gas. The government stepped in on Monday to “mitigate” the pain of surging costs.
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This Corvette’s a Hybrid, but It’s Built for Raw Power, Not Efficiency
The New York Times – Business:The ZR1X, starting at $207,000, is a Chevrolet showpiece that competes with rarefied rivals like Ferrari and McLaren at a fraction of their (stratospheric) prices.
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What to Know About Electric Cars When Gas Prices Are Surging
The New York Times – Business:War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”