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 …
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(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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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(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 …
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(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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …