Category: General Motors

Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.

The New York Times – Business:
Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
Ford Reports Higher Profit Thanks Partly to Tariff Refund

The New York Times – Business:
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
G.M.’s Profit Bolstered by a $500 Million Tariff Refund

The New York Times – Business:
Because of a February Supreme Court decision, General Motors said it would receive refunds on some of the tariffs it had paid.
Pentagon Seeks Help From Ford and G.M.

The New York Times – Business:
Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing certain parts.
G.M. Reports Sharp Decline in Car Sales Amid War and High Prices

The New York Times – Business:
Toyota, Honda and Hyundai reported drops in March. Some blamed gasoline prices.
What to Know About Electric Cars When Gas Prices Are Surging

The New York Times – Business:
War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
Noma Faces Los Angeles Protest Over Allegations of Past Abuse by Its Chef

The New York Times – Business:
At the vaunted restaurant’s pop-up in the Silver Lake neighborhood, fallout from recent reports continued.
Ford and G.M. Face a Dilemma as China Excels in Electric Vehicles

The New York Times – Business:
General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
Tesla’s Model S, Soon to Be History, Changed the Auto Industry

The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects

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.
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.
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.