The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
Category: Ford Motor Co
2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by Tariffs
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
Porsche Is No Longer a ‘Premium’ Sports Car in China
Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German automakers.
How Electric Car Batteries Might Aid the Grid (and Win Over Drivers)
Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset.
Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood
Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.
Tesla Fires Charger Team Amid Hundreds of Layoffs
The carmaker dismissed 500 employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States.
‘It Is Desolate’: China’s Glut of Unused Car Factories
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow
Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.
Tesla Plans to Begin Delivery of the Cybertruck Today
Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.
U.A.W. Members at General Motors Ratify Contract
The United Automobile Workers union hopes the agreements with General Motors, Ford and Stellantis will help it make inroads at other companies.