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.
G.M. to Retire the Chevy Malibu to Make More EVs
The gasoline-powered Malibu was the last affordable sedan sold by Chevrolet, the General Motors brand, in the United States.
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.
Ford Slows Its Push Into Electric Vehicles
The automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising fast.