automakers

Automobile

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric…

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Automobile

Hyundai pressures U.S. to ease EV tax credit rule that penalizes foreign automakers

Manchin and other proponents have argued the provisions were necessary to create jobs in the U.S. and make the country…

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Automobile

BYD’s welcome in Europe worries the continent’s big automakers

“Some of the countries are very detailed,” Michael Shu, general manager and managing director of BYD Europe, said of offers…

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Automobile

BYD’s welcome in Europe worries local automakers

“Some of the countries are very detailed,” Michael Shu, general manager and managing director of BYD Europe, said of offers…

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Automobile

EU should impose higher tariffs on Chinese automakers, Carlos Tavares says

PARIS — Chinese automakers should be subject to the same tariffs when exporting their cars to Europe as European brands…

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Automobile

The latest numbers on the microchip shortage: Automakers begin cutting 2023 production

Automakers are expecting the microchip shortage to drag on into a third year and are already lowering their production plans…

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Automobile

Ford, GM and other automakers face 50% profit slump next year, UBS analysts say | Autoblog

Shares of Ford and General Motors took a beating Monday as outlook for the industry darkened further with at least…

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Automobile

Indian automakers propose tax cut on imports in trade deal with UK, report says

NEW DELHI — Indian automakers have proposed cutting to 30 percent the tax rate on imported cars as part of…

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Automobile

Europe’s automakers scrap growth hopes, ask policy makers for aid

Europe’s automakers warned they are likely headed for another year of shrinking sales and called for policy makers to step…

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Automobile

Volvo-Geely engine unit urges automakers to pool combustion tech

Aurobay is targeting to become “as big as possible, and that as fast as possible,” Fleiss said, which will require…

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