Cars have become so expensive that many Americans are putting off or not buying new cars, hurting the auto industry.
General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
Si Estados Unidos quiere ser competitivo frente a China, tiene que poner orden en su economía.
If we are going to be competitive with China, we have to get our economic house in order.
El primer ministro, Mark Carney, anunció el jueves varias medidas destinadas a convertir a Canadá en líder mundial en vehículos eléctricos y a rescatar una industria asolada por la política comercial estadounidense.
Prime Minister Mark Carney announced several measures Thursday aimed at making Canada a global leader in electric vehicles and rescuing an industry ravaged by U.S. trade policy.
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
The prime minister is seeking new markets for Canadian goods and to mend relations with China after years of deep acrimony between the two nations.
The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen.
The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.
Hard to follow the dizzying array of developments out of Washington over the past year? Here are our answers to your pressing questions.
BYD, Chery and other Chinese automakers are winning over drivers in Britain, where tariffs are low and buyers are open to new brands.
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
Two economists on the price of playing nice with a superpower.
The leaders of Canada and China will meet for the first time in eight years to try to reset relations after years of acrimony.
Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.
The automaker’s shares jumped as investors focused on an upgraded forecast for some financial measures, as well as a lower-than-expected bill for tariffs this year.
China’s problem with competition is that it’s too brutal.
The automaker said the reductions at its factory in Cologne come on top of 4,000 job cuts across Europe that were announced last year.
The spotlight at the Munich auto show this year is swinging back to BMW, Mercedes and Volkswagen after previously focusing on Chinese automakers.