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The automaker plans to break ground on Canada's largest single automotive investment in the coming months, despite U.S. tariffs and choppy North American EV sales.
Electric vehicles are becoming a drag on Honda earnings, compounding the profit hit from tariffs as the Japanese carmaker hustles to shift vehicle and production strategies.
Unifor President Lana Payne said Ottawa's refusal to accept a bad deal ahead of the Aug. 1 deadline was the right move. Now, Canada must up the pressure on Washington, she said.
SK is focused on honing its edge in thermal management technology, such as immersion cooling designed to boost the efficiency of batteries.
Lucid trimmed its full-year production outlook, making the electric vehicle manufacturer the latest carmaker to temper expectations for the year.
Michigan Governor Gretchen Whitmer told President Donald Trump that his tariffs are having a negative effect on her state’s flagship auto industry.
Tesla’s July sales plunged in Europe’s biggest markets amid Musk’s unpopularity, Chinese competition
Tesla's sales fell in Germany and the U.K., as well as in other key European markets, as Chinese rivals such as BYD forge ahead with their expansion into the region.
Elon Musk and Tesla were accused of repeatedly overstating the effectiveness of and prospects for their autonomous driving technology, inflating Tesla’s financial prospects and stock price.
Trump said JLR CEO Adrian Mardell’s departure was evidence that “being WOKE is for losers.” ...
Workers at a Stellantis truck factory in suburban Detroit and an engine plant in southeast Michigan voted over the weekend to start the union’s process to remove its leader, Bloomberg reported.
The Illinois Motor Vehicle Review Board will hear a protest by 33 Audi and VW dealerships about warranty repair labor reimbursement surcharges, a U.S. district judge ruled.
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