Ford Motor said the costs come from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.
Category: Automobiles
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Chip Company Plotted to Send Technology to China, Ex-C.E.O. Says
The former chief executive of Nexperia, a Dutch chipmaker, said Dutch officials had known for years that the company’s Chinese owner sought to move its technology to China.
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Donald E. Petersen, 97, Who Rescued Ford Motor Co., Is Dead
An ex-Marine and a 40-year company veteran, he turned a nearly bankrupt money loser into the world’s most profitable automaker.
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U.S. Introduces New Female Crash-Test Dummy Standards
A female crash-test dummy to replace an outdated model largely based on male proportions would improve safety for women, who face higher fatality and injury risks on the road, officials said.
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Help! My Rental Car Died Within a Mile, and Avis Charged Me $1,367.
A visitor to Italy had to abandon an S.U.V. after it conked out just minutes from the rental agency. Then he got another surprise: a hefty repair bill.
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Trump Tariffs Push Japan’s Economy Into Contraction
The Japanese economy shrank by 1.8 percent compared to the same quarter last year, as U.S. tariffs dampened automobile exports and prompted a bleak outlook for growth.
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The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
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China Resumes Some Chip Exports, Easing Fears of a Global Crunch
A leading German automotive supplier said it was again allowed to ship semiconductors that Beijing had barred for export.
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Japanese Automakers Warn of Billions in Tariff Losses
Toyota, Honda and Nissan forecast big hits to their profits from higher tariffs that they acknowledged were likely ‘here to stay.’
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How Trade Tensions Sent Automakers Scrambling for Chips
Carmakers and their suppliers are piecing together new supply chains after a Chinese-owned company in the Netherlands was caught in the middle of the trade war, revealing European vulnerabilities.