The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
Category: Electric and Hybrid Vehicles
-
U.S. Automakers’ Foreign Troubles Now Extend to Canada
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
-
Mark Carney Heads to Beijing to Discuss Canada-China Relations as U.S. Outlook Darkens
The prime minister is seeking new markets for Canadian goods and to mend relations with China after years of deep acrimony between the two nations.
-
Europe and China Take Step to Resolve Dispute on Electric Vehicles
The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen.
-
Volkswagen Suffers More Than Rivals From Auto Industry Woes
The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.
-
G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions
General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand.
-
Tesla Car Sales Dropped 9% in 2025, Falling Behind China’s BYD
As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.
-
Trump Has a New Auto Loan Tax Break. Here’s Who Could Benefit.
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings.
-
Tesla Robotaxis Are Big on Wall St. but Lagging on Roads
Shares of Tesla have hit new highs on optimism about the company’s self-driving taxis. But experts say Tesla is far behind Waymo, which has a big head start.
-
China Delays Plans for Mass Production of Self-Driving Cars After Accident
After years of planning for cars that would let drivers take their hands off the wheel and eyes off the road, China’s regulators have become more cautious.
-
Driving Somewhere for the Holidays? Here’s How to Make Your Road Trip Safe.
Be sure you have the right equipment and apps for weather and traffic, and don’t forget to check those tires. Here are more tips for hitting the highway.