Update: Adds responses from GM and Workhorse. President Donald Trump tweeted Wednesday that Cincinnati-based startup electric truckmaker Workhorse may buy GM's Lordstown, Ohio, factory. That factory has been the subject of boisterous political debate between Trump and General Motors since the company announced last November that it would idle the...
President Trump said he was helping to save jobs at the Ohio factory after General Motors ceased production there. But such promises have not always panned out.
General Motors, which stopped production at the plant recently, confirmed a statement by President Trump that it was selling the factory and investing elsewhere in Ohio.
General Motors, which stopped production at the plant recently, confirmed a statement by President Trump that it was selling the factory and investing elsewhere in Ohio.
The president says he is helping save jobs at the Ohio factory, where General Motors ceased production. But such promises have not always panned out.
Electric cars are starting to roll out from German automakers. Volkswagen gave a name to its new electric hatchback, and started taking orders. And Mercedes-Benz rolled the first electric EQC SUV off its assembly line in Germany. Details emerged of Fiat Chrysler's deal with Tesla to share emissions credits. All this and more on Green Car Reports...
The Volkswagen ID hatchback due to go on sale in Europe this year, at last, has a name: ID 3. And in Europe, as of today, it’s available for order. The hatchback, which is an evolution of the first Volkswagen ID Concept, from 2016, says that it’s “the third major chapter of strategic importance” in the history of the brand...
Electric-car sales skyrocketed in the U.S. last year as Tesla Model 3 production ramped up. The growth came not only as Tesla's production blew through its allotment of federal tax credits, but also as changes based on the 2017 tax law raised many taxpayers' tax bills, come last month. Anecdotally, we heard complaints from quite a few readers who...
Analysts should no longer be worried about whether Tesla has enough cash to meet its immediate needs. In addition to $2 billion it raised in stocks and convertible bonds last week, the company signed a deal with Fiat Chrysler last month to share its emissions credits in Europe with the Italian-American automaker, which is lagging in electric cars...
German automakers have all said they will go all-in on electric cars, Yet so far, few have actually arrived, with the Audi E-tron trickling into a few U.S. dealerships last week. Now Mercedes-Benz has announced that it produced its first new electric EQC SUV on Monday at its factory in Bremen, Germany. The car will go on sale in Europe, but is not...