G.M.’s Profits Fell 18.5 Percent in the First Quarter
The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts and slower sales in China.
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Canada Lands Volkswagen Battery Plant With Billions in Subsidies
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
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Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
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Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.