G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
G.M. and Hyundai Plan to Work Together on New Vehicles
General Motors and the South Korean automaker say they will collaborate on new vehicles, buying parts and clean energy technologies.
Ford Pulls Back Its Electric Vehicle Push
The automaker said it would invest less in battery-powered cars and scrap a planned electric three-row sport utility vehicle.
Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales
The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
G.M. Will Restart Cruise Taxi Service
General Motors said the self-driving division’s cars will operate in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.
Ford Will Make Gasoline Trucks Not Electric Vehicles in Canada Plant
Ford will build large pickups at a Canadian factory that it had previously slated to produce electric vehicles, sales of which have slowed in recent months.
U.A.W. Reaches Accord on Pay and Safety at E.V. Battery Plant
The agreement, if ratified, will cover 1,600 workers making batteries for General Motors in Ohio. The union said it would be a model for efforts elsewhere.
Car Deals Vanished During the Pandemic. They’re Coming Back.
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.
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.