Analysis-Japan’s automakers have a made-in-China sales crisis
By Daniel Leussink TOKYO (Reuters) – Japan’s automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs) has upended the world’s largest…
By Daniel Leussink TOKYO (Reuters) – Japan’s automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs) has upended the world’s largest…
(Reuters) – A Batman cameo in the “The Flash” trailer, vintage Disney toons and a teaser of Matt Damon’s new movie “Air” were among the most watched ads during the…
Electric Vehicle Sales Hit Record Levels In 2022 As Automakers Raked In Profits John Hugh DeMastri on January 16, 2023 Sales of electric vehicles increased rapidly in 2022, nearly doubling…
By Joseph White and Dawn Chmielewski LAS VEGAS (Reuters) – What started out as a novelty offered by Elon Musk to Tesla owners has turned into table stakes in the…
As Other Automakers Push EVs, This Luxury Brand Drove Laps Around Them In 2022 John Hugh DeMastri on December 28, 2022 While electric vehicle (EV) startups that once seemed promising…
Automakers Could Be Forced To Cut Prices — And Profits — In 2023 John Hugh DeMastri on December 27, 2022 Consumers might see car prices finally come down in 2023…
By David Shepardson WASHINGTON (Reuters) – Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer EV…
By David Shepardson WASHINGTON (Reuters) – The United Auto Workers (UAW) union called on automakers to shift their entire supply chain out of China’s Xinjiang region after a new report…
TOKYO (Reuters) – Japanese industry minister Yasutoshi Nishimura said he hopes to hold a meeting by the government and the heads of automakers to talk about the future of the…
California To Punish Automakers That Don’t Meet Electric Vehicle Production Quotas Jack McEvoy on August 25, 2022 California will fine automakers if they do not meet the state’s quotas for…
By David Shepardson and Joseph White WASHINGTON – U.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric…
SAO PAULO – Brazil’s automakers association Anfavea on Friday lowered its 2022 estimates for the country’s auto industry production, with monthly output falling in June as companies grapple with auto…
By Ernest Scheyder (Reuters) – A proposed flat-rate tax on lithium produced in California’s Salton Sea region will delay deliveries of the electric vehicle battery metal to General Motors Co…
By David Shepardson WASHINGTON – U.S. auto regulators said Wednesday they want to require automakers to collect more crash data from event data recorders (EDRs)- more commonly known as “black…
By David Shepardson and Tina Bellon (Reuters) – Shifting political winds during the U.S. November mid-term elections could spell trouble for automakers’ hopes of getting billions of dollars in consumer…
(Reuters) – Eight electric vehicle manufacturers have adopted a U.S. National Transportation Safety Board (NTSB) recommendation to improve emergency response guides and incorporate vehicle-specific information for fighting lithium-ion EV battery…
(Reuters) – Japanese auto companies are likely to post record profits this year as they raise vehicle prices and cut costs to mitigate the hit from soaring inflation, J.P. Morgan…
LONDON – Automakers are accelerating efforts to use less palladium and more platinum due to worries over palladium supply from Russia, the World Platinum Investment Council (WPIC) said on Monday,…
By David Shepardson (Reuters) – General Motors Co, Ford Motor Co and Chrysler parent Stellantis NV said on Sunday they are reinstating a requirement that employees wear masks in southeastern…
Massive Automaker’s New EV Plant In America Will Produce Gas Cars: REPORT Thomas Catenacci on May 13, 2022 South Korea-based automaker Hyundai is set to announce a new $7 billion…
By Aditi Shah NEW DELHI – Carmakers in India reported a sharp rise in annual sales for the fiscal year 2022 on Friday, but warned of future risks from global…
U.S. and global automakers spent an estimated $52-56 million promoting electric vehicles during the Super Bowl on Sunday. At least seven car makers and one charging device company purchased advertisement…
By Hyunjoo Jin SAN FRANCISCO – Automakers, including General Motors, Ford Motor and Hyundai Motor, predict a near two-year chip constraint will ease in the second half of 2022, but…
By David Shepardson WASHINGTON – A senior U.S. senator on Wednesday called on major automakers and the Transportation Department to take action to address an “alarming” rise in carjackings in…