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Automakers Thrived in the Pandemic. Many Are Now Struggling.
Posted inAutomobiles Bayerische Motorenwerke AG BYD Co Ltd Electric and Hybrid Vehicles Ford Motor Co General Motors International Trade and World Market Mercedes-Benz Nissan Motor Co Stellantis NV Toyota Motor Corp Volkswagen AG

Automakers Thrived in the Pandemic. Many Are Now Struggling.

Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories.
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Posted by By Jack Ewing
Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories
Posted inAutomobiles Bayerische Motorenwerke AG International Trade and World Market Mexico Protectionism (Trade) United States-Mexico-Canada Agreement

Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories

The president-elect has said he could impose tariffs as high as 200 percent on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.
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Posted by By Jack Ewing
Tesla’s Share of U.S. Electric Car Market Falls Below 50%
Posted inAutomobiles Batteries Bayerische Motorenwerke AG Electric and Hybrid Vehicles Ford Motor Co General Motors Hyundai Motor Co Kia Motors Corp Musk, Elon Prices (Fares, Fees and Rates) Tesla Motors Inc United States

Tesla’s Share of U.S. Electric Car Market Falls Below 50%

A new report estimates that the company led by Elon Musk accounted for just under half of all battery-powered vehicles sold in the second quarter of the year.
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Posted by By Jack Ewing
E.U. Hits Electric Vehicles From China With Higher Tariffs
Posted inBayerische Motorenwerke AG BYD Co Ltd Chery Automobile Co China Customs (Tariff) Electric and Hybrid Vehicles European Commission European Union International Trade and World Market Protectionism (Trade) von der Leyen, Ursula

E.U. Hits Electric Vehicles From China With Higher Tariffs

Leaders in Brussels are trying to curb China’s dominance in the industry, but European automakers fear the taxes will drive up prices and lead to a trade war.
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Posted by By Melissa Eddy

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