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.
Category: Stellantis NV
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Ford and G.M. Face a Dilemma as China Excels in Electric Vehicles
The New York Times – Business: -
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.
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Massachusetts Battery Start-Up to List on Stock Exchange
Factorial, the start-up, said the listing would provide money that would help it bring new solid-state batteries to market as soon as 2027.
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G.M. to Stop Making Electric Vans in Canada Amid Trump Tariffs
The announcement, which will eliminate about 1,200 jobs, came less than a week after the carmaker Stellantis said it would move production of a new vehicle to Illinois from a Toronto suburb.
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Trump Sets Tariffs on Trucks and Buses
Imported light and heavy trucks will be charged 25 percent and buses 10 percent as of Nov. 1, but President Trump also extended tariff exemptions for auto parts.
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Stellantis, Faced With Trump’s Tariffs, Scraps Plans to Increase Auto Production in Canada
Canadian leaders blame the move by Stellantis, the automaker, to abandon production in Ontario on President Trump’s tariffs. Mr. Trump says he wants to increase domestic production.
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Stellantis Unveils $13 Billion U.S. Investment Plan
The carmaker, which has struggled with weak sales, is the latest company to announce a hefty investment in the United States.
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Electric Vehicles Face a ‘Pretty Dreadful Year’ in the U.S.
The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover.
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Volkswagen Hit Hard by Trump’s Tariffs
The German automaker said that the U.S. import duties erased about $1.5 billion from its profit in the first half of the year.
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Elon Musk Sees ‘Rough’ Times Ahead
Shares in Tesla were down in premarket trading as the carmaker lays out the risks from President Trump’s tariffs and his scrapping of tax credits.
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Stellantis Says Profit Plunged as Tariffs Began to Bite
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
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Investors Shrug Off Trump’s Attacks on the Fed and Trade Allies
Investors continue to shrug off the president’s threats, sending stocks to new highs. That calm could be tested going into a packed week for corporate earnings.