They are threatening smaller parts companies that are key to manufacturing and employ hundreds of thousands in Japan, South Korea and Germany.
Category: Automobiles
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Did you Recently Buy a Used E.V.? We Want to Hear from You.
The prices of used electric cars have fallen sharply in recent months, making them a more attractive option.
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Ford Rejigs E.V. Plans After Suffering Billions in Losses
Ford, which once had a lead on other established automakers, said on Monday that it will use new materials and methods to lower the costs of electric vehicles.
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China’s Automakers Are Taking a Shortcut to European Markets
Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by the Houthi militia.
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Car Companies Are Paying Tariffs So You Don’t Have To
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
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Japan’s Auto Giants Are Expecting Pain Despite Trump Trade Deal
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The reduced rate has yet to be implemented.
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Does Japan Want American Cars? Trump’s Push to Open Foreign Markets Faces Test.
President Trump is celebrating deals that lower trade barriers on American staples like cars. Experts question how much of an effect this will have.
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Tesla Awards ‘Good Faith’ Shares to Musk Worth $29 Billion
The “interim” package announced on Monday was intended to help retain Elon Musk, whose previous pay plan was invalidated by a judge. The car maker’s chief has hinted that he needed a larger stake in the company.
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Trump Will Slow, but May Not Stop, the Rise of Electric Vehicles
President Trump and Republicans in Congress are eliminating federal incentives to buy electric vehicles, but carmakers need to keep selling and investing in them.
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Jury Says Tesla Was Partly to Blame for Fatal Crash
Lawyers for the family of a woman struck and killed by a Tesla sedan in 2019 argued that the company’s Autopilot software should have avoided the crash.
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Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
The company estimated that duties on imported cars and car parts would cost it $2 billion this year.