General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent duty on imported… Continue reading G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
Author: New York Times Online News
Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices
President Trump’s tariffs on imported cars and auto parts could stall the growth of electric vehicles, setting back a technology critical to addressing climate change. But the tariffs could also work in favor of some electric models made in the United States, like the Tesla Model Y or Volkswagen ID.4, that are among the cars… Continue reading Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices
Trump’s Tariffs Squeeze an Already Struggling British Car Industry
The 25 percent tariffs imposed by President Trump on imported cars have added to the pressures on vehicle manufacturers around the world, but the pain could be particularly acute in Britain’s venerable but flagging auto industry. Britain exports more than 70 percent of the cars that it makes. In 2024, it sent about 101,000 of… Continue reading Trump’s Tariffs Squeeze an Already Struggling British Car Industry
In Marin County, There’s Trouble in Teslaville
In the parking lots of Mill Valley, Calif., mysterious index cards have surfaced on the windshields of Tesla Model Xs and Model 3s. “Stop Elon,” they urge in teal script. “Dump your Tesla.” A few years ago, buying a Tesla in Mill Valley meant that you had money, but were not overly showy. It meant… Continue reading In Marin County, There’s Trouble in Teslaville
Tesla Profits Drop 71% Amid Backlash to Elon Musk’s Role Under Trump
The carmaker reported the sharp decline in quarterly earnings after Tesla’s brand suffered because of its chief executive’s role in the Trump administration. Go to Source
CATL Announces Major Advances in E.V. Batteries
CATL, the world’s largest maker of batteries for electric vehicles, described breakthroughs that could make E.V.s more competitive with gasoline-powered cars. Go to Source
Tesla U.S. Sales Plunge as G.M. and Others Make Gains
Overall sales of electric vehicles rose almost 11 percent in the first three months of the year as traditional carmakers offered new models. Go to Source
Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
In an address to the U.A.W., Shawn Fain said a targeted approach could help bring jobs back to the United States, but he criticized universal duties. Go to Source
Tesla U.S. Sales Plunge as G.M. and Others Make Gains
Overall sales of electric vehicles rose almost 11 percent in the first three months of the year as traditional carmakers offered new models. Go to Source
Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
In an address to the U.A.W., Shawn Fain said a targeted approach could help bring jobs back to the United States, but he criticized universal duties. Go to Source