U.S. trade chief calls for "decisive" action to shield EV sector from China
The U.S. must take "decisive" action to protect electric vehicles from subsidized Chinese competition, U.S. Trade Representative Katherine Tai said on Wednesday as she completes a review of Trump-era China tariffs and considers President Joe Biden's.....»»
Ally net income plunges 51% in Q1, auto applications set record
Ally's auto business saw a record 3.8 million applications from consumers during the first quarter with 40% of new loan originations in the top credit tier......»»
Base "25 Toyota Camry, now hybrid only, gets 50+ mpg and priced below "24 hybrid
Toyota's retooled 2025 Camry features an exclusive hybrid powertrain with fuel economy estimated at 53 mpg city, 50 mpg highway and 51 mpg combined, nearly as good as the Prius......»»
5-figure EV discounts emerge amid bloated inventories
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
GM EV owners can power home with bidirectional chargers
The bidirectional chargers will be available nationwide, but the equipment required for vehicle-to-home energy transfers will be offered in just five states to start......»»
Bloated EV inventory fuels 5-figure discounts. Will more buyers emerge?
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
Mexico, facing U.S. pressure, will halt incentives to Chinese EV makers
Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with t.....»»
Musk apologizes for "incorrectly low" Tesla severance packages
Tesla has announced it will slash its global headcount by more than 10 percent as the automaker struggles with slowing demand for electric vehicles......»»
Ford Mustang Experience Center celebrates pony car fans
The Charlotte, N.C., event space is the latest effort by Ford to create unique experiences such as the Bronco Off-Roadeo, Mustang Dark Horse Track Attack and Ranger Raptor Assault School......»»
Bosch flags further cost cuts after giving "subdued" outlook for 2024
Bosch said cuts were necessary to make sure it remains competitive in an environment where most of its big peers, including Continental and ZF, have all announced job cuts......»»
2025 Toyota Camry, now hybrid-only, to close mpg gap with Prius; it"s priced $455 below "24 hybrid
Toyota's reengineered 2025 Camry features an exclusive hybrid powertrain with fuel economy estimated at 53 mpg city, 50 mpg highway and 51 mpg combined......»»
Software-defined vehicle building blocks are crucial to generative AI
Cars could someday look out for their drivers, warning of road hazards, suggesting available dinner reservations and playing favorite songs — think safety net, personal assistant and entertainer all in one......»»
Rivian cuts more jobs with woes mounting for electric vehicle market
Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand......»»
Column: Why Tesla"s wacky Cybertruck design might force other automakers to take chances
We could very well see future pickups from mainstream automakers that are more about style and individuality than about towing heavy loads. Sports cars are impractical and yet there is still a healthy market for them. Why not trucks?.....»»
Lawmaker introduces bill to prevent Chinese dominance of U.S. EV market
Congresswoman Carol Miller announced the End Chinese Dominance of Electric Vehicles in America Act of 2024, designed to regulate the foreign entity of concern definition for the 30D EV tax credit and prevent Chinese companies from obtaining U.S. tax.....»»
Level 3 automated driving brings potential benefits, safety concerns
With Level 3 automated technology reaching public roads, auto and safety experts weighed the benefits and ‘persistent challenges' of such systems Tuesday at the SAE WCX conference in Detroit......»»
Stellantis avoids plant shutdowns by paying auto supplier "under hostage threat"
The automaker paid MacLean-Fogg Component Solutions of Illinois to keep pinions and gears flowing to a pair of plants in Kokomo, Ind......»»
Toyota launches ad campaign for Summer Olympics, Paralympics
The "Start Your Impossible" campaign highlights Olympic and Paralympic athletes and their supporters......»»
Congresswoman Carol Miller introduces bill to prevent Chinese dominance of American EV market
Congresswoman Carol Miller announced the End Chinese Dominance of Electric Vehicles in America Act of 2024, designed to regulate the foreign entity of concern definition for the 30D EV tax credit and prevent Chinese companies from obtaining U.S. tax.....»»
Bill Ford says political "hurricanes" complicate business plans
The automaker had always expected the shift to EVs to be bumpy, but the lack of visibility into policy is a major challenge for the industry, Ford said......»»