Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
Category: Hyundai Motor Co
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Volkswagen Sees Electric Vehicles as a Way to Grow in the U.S.
It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
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Volkswagen Sees Electric Vehicles as a Way to Grow in the U.S.
It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
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Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow
Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.
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Chaebol Families Dominate South Korea’s Economy: What to Know
Conglomerates that sprawl across the society trace their roots to the nation’s rise into a world power and have been tightly controlled for generations.
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Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
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U.A.W. Accuses Honda, Hyundai and Volkswagen of Labor Violations
A week after declaring a drive to organize nonunion automakers, the United Automobile Workers union filed charges against three foreign manufacturers.
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Nonunion Workers Are Playing a Big Role in the Autoworkers’ Strike
The three U.S. automakers say they are already at a disadvantage to nonunion rivals while labor leaders hope that big gains in negotiations will inspire workers in Southern states to unionize.
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Hyundai and Kia Recall 3.4 Million Cars, Telling Drivers to Park Outside
Auto safety regulators are concerned about possible fires caused by brake fluid leaks.
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Biden Says He Will Nominate Michael Whitaker to Lead FAA
The president’s selection, Michael G. Whitaker, served as the No. 2 official at the Federal Aviation Administration during the Obama administration.