A federal judge has significantly reduced a $137 million damages award against Tesla in a lawsuit by a worker who said he had encountered racism on the job in the electric-car maker’s assembly plant. The jury’s award, delivered in October, was pared to $15 million on Wednesday by Judge William H. Orrick of the U.S.… Continue reading Judge Reduces $137 Million Penalty Against Tesla in Racism Case
Author: New York Times Online News
Ford and Stellantis say car sales fell at the start of the year.
Ford Motor said on Monday that its new-vehicle sales in the United States fell 17 percent in the first three months of the year, in line with other automakers that are struggling to keep their factories running amid a global shortage of computer chips. Ford said it had sold 429,174 cars and light trucks in… Continue reading Ford and Stellantis say car sales fell at the start of the year.
Tesla, Unlike Other Carmakers, Reports Big Sales Increase
Tesla, the world’s leading electric car company, on Saturday reported a steep increase in worldwide sales in the first three months of the year as it overcame supply chain problems and moved closer to production levels on a par with established luxury carmakers like BMW and Mercedes-Benz. Tesla said it delivered 310,000 vehicles from January… Continue reading Tesla, Unlike Other Carmakers, Reports Big Sales Increase
Biden Invokes Defense Production Act to Boost Critical Mineral Supply
The United States imported more than half its supply of at least 46 minerals in 2020, and all of its supply of 17 of them, according to the U.S. Geological Survey. Many of the materials come from China, which leads the world in lithium ion battery manufacturing and has been known to shut off exports… Continue reading Biden Invokes Defense Production Act to Boost Critical Mineral Supply
Jim Farley Tries to Reinvent Ford and Catch Up to Elon Musk and Tesla
Auto experts say the electric F-150, known as the Lightning, must be a success if Ford is to thrive in the age of electric vehicles. Introducing this truck now is equivalent to “betting the company,” said William C. Ford Jr., the company’s executive chairman, who is a great-grandson of Henry Ford. “If this launch doesn’t… Continue reading Jim Farley Tries to Reinvent Ford and Catch Up to Elon Musk and Tesla
Rivian affirms its 2022 E.V. production goal despite supply problems.
Rivian, the electric-vehicle maker that went public last year with big ambitions to take on Tesla and others, said Wednesday that supply-chain problems had hobbled it in the first quarter, but it stood by its production forecast for this year. The company’s shares have declined over 80 percent this year as investors have grown nervous… Continue reading Rivian affirms its 2022 E.V. production goal despite supply problems.
Want to Buy an Electric Car? Read This First
Thinking more seriously about buying an electric car now that gas prices are revving up? You and everybody else. E.V.s are hard to find, especially now. The war in Ukraine hasn’t just caused gas prices to soar. It has also disrupted car production in Europe, which sends exports to the United States. And U.S. companies… Continue reading Want to Buy an Electric Car? Read This First
Volkswagen Eyes U.S. Electric Vehicle Market as Ukraine War Disrupts Production
Volkswagen is shifting its focus toward North America, as the fallout from Russia’s attack on Ukraine caused more supply chain headaches for the company in Europe, executives said. Since the outbreak of the war last month, several of the brands in the Volkswagen Group, including Porsche and Volkswagen, have been forced to suspend production at… Continue reading Volkswagen Eyes U.S. Electric Vehicle Market as Ukraine War Disrupts Production
Mercedes Opens Alabama Battery Plant, Part of a Southern Wave
WOODSTOCK, Ala. — The auto industry’s shift to battery power is expected to lead to job losses because it takes fewer workers to build an electric vehicle than it does to build a car with a gasoline engine. But that probably won’t be the case in Alabama. The state this week became the beneficiary of… Continue reading Mercedes Opens Alabama Battery Plant, Part of a Southern Wave
Stellantis Stops Car Shipments to and From Russia
Stellantis, the maker of Jeep, Fiat and Peugeot vehicles, has suspended exports of cars from Russia and imports of vehicles into the country, the company said Thursday. The automaker operates a small plant in partnership with Mitsubishi in Kaluga, southwest of Moscow. The plant employs about 2,700 people and produces small delivery vans that Stellantis… Continue reading Stellantis Stops Car Shipments to and From Russia