The world’s biggest automaker has navigated the industry’s turbulent E.V. transition, but is looking to new leadership to manage intensifying geopolitical challenges. Go to Source
Author: New York Times Online News
Stellantis’s Shift Away From Electric Cars Will Cost It $26 Billion
The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an effort to revive weak sales. Go to Source
Carney Increases E.V. Investments as Trump’s Trade Policy Disrupts Canada’s Auto Industry
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. Go to Source
Tesla’s Model S, Soon to Be History, Changed the Auto Industry
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X. Go to Source
Tesla Profit Slumps, but Investors May Not Care
The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making the two oldest models in its lineup. Go to Source
G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production. Go to Source
U.S. Automakers’ Foreign Troubles Now Extend to Canada
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. Go to Source
Driving in Winter? Follow These Expert Tips to Arrive Safely.
A storm is expected to bring hazardous driving conditions to much of the United States this weekend. Stay home if you can, but those who must travel should take it slow. Go to Source
Europe and China Take Step to Resolve Dispute on Electric Vehicles
The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen. Go to Source
Volkswagen Suffers More Than Rivals From Auto Industry Woes
The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles. Go to Source