auto
The Biden administration on Wednesday approved California’s ban on gas cars by 2035.Trump has promised to revoke California’s authority to set strict limits on tailpipe pollution.It’s a high-stakes fight over the future of electric vehicles and tackling the climate crisis.The stage is set for another battle between President-elect Donald Trump…
By Tom Westbrook SINGAPORE (Reuters) -Stocks stalled while the dollar drifted higher on Wednesday as investors made last-minute adjustments to portfolios in the countdown to the year’s final salvo of central bank meetings, while news of a potential Nissan-Honda tie-up lifted car stocks. were flat in the Asia session after…
Investing.com — The automotive industry is poised for changes in 2025, with analysts at Barclays (LON:) identifying five key themes likely to shape the sector during what they describe as a “critical year.” These insights, derived from a comprehensive analysis of the U.S. market in 2024, highlight dynamics in sales…
The auto industry is facing a potential increase in tariffs on car imports into the United States, which could significantly impact the earnings of European and U.S. carmakers. S&P Global has estimated that a 20% tariff on light vehicle imports from the European Union (EU) and the United Kingdom (TADAWUL:)…
By Nick Carey LONDON (Reuters) – Donald Trump’s pledge to slap tariffs on imports to the U.S. from Mexico could be more damaging for European car makers like Volkswagen (ETR:) and Stellantis (NYSE:) and their suppliers than any direct tariffs on EU goods, according to data, analysts and experts. U.S.…
Investing.com — Donald Trump’s post-election remarks and choices for cabinet appointments indicate that his administration is likely to remain aligned with his campaign pledges. Supported by a clear electoral mandate and Republican dominance in Congress, his policies are expected to focus on “beautiful” tariffs as a cornerstone of his economic…
Chinese Apple rival Xiaomi’s big bet on EVs looks like it is paying off.The SU7 EV has proven a hit in China, and even attracted praise from Ford CEO Jim Farley.The tech giant said it surpassed its 100,000 annual sales target for the SU7 by November.Xiaomi’s SU7 has got the…
Thousands more jobs are under threat in Germany’s beleaguered automotive industry.Parts supplier Schaeffler said it would cut thousands of jobs for a net reduction of about 3,700 workers.Union officials said Volkswagen plans to shut factories in Germany for the first time. Germany’s auto industry is under intense pressure — and…
Car companies are cutting costs heading into the end of the year.A price war in China poses a threat to profitability.Bloated inventory leads to production cuts. It’s been a busy few days for auto companies.Ford and Volkswagen each pulled back vehicle production plans this week. After the last shift on…
The Auto Train is a nonstop Amtrak route between Virginia and Florida. Passengers must bring their own vehicle, which is loaded onto the train to make the trip with them. I enjoy the Auto Train — it’s a great way to save about 900 miles of driving on busy highways.…
