Source: The National Highway Traffic Safety Administration The New York Times President Trump’s 25 percent tariffs on goods from Canada and Mexico could be felt particularly acutely by automakers — and car buyers — because of the number of vehicles and parts that come into the United States every day as they head to market.… Continue reading The Problem With Car Tariffs: What’s an Import?
Author: New York Times Online News
For F1, an Off-Season of Change
Lewis Hamilton said there was “magic” inside Ferrari that can help him make Formula 1 history. Hamilton’s move to the team, a story that began in February last year when he announced he would be leaving Mercedes at the end of 2024, has dominated the buildup to the new season. Australia will host the first… Continue reading For F1, an Off-Season of Change
Tesla for Sale: Buyer’s Remorse Sinks In for Elon Musk’s E.V.-Owning Critics
When Jennifer Trebb first pulled into her driveway two years ago with her sleek Tesla Model Y, it was — as she put it — “kind of like a ‘Back to the Future’ moment.” She was helping the environment, she said, but driving a Tesla also had cachet. “It was definitely a little bit of… Continue reading Tesla for Sale: Buyer’s Remorse Sinks In for Elon Musk’s E.V.-Owning Critics
Why Do S.U.V.s Look Like Trucks Again?
If any model symbolizes the ultimate victory of the S.U.V., Mr. Edwards said, it is the Mercedes G-Class, or Geländewagen. Built in Austria, it was conceived in 1979 as an unpretentious military or farm truck. Mercedes didn’t initially offer the G-Class in America, and a gray market of imports stoked demand. The federal government cut… Continue reading Why Do S.U.V.s Look Like Trucks Again?
Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
Shares of Tesla had been on a tear since Donald J. Trump won the presidential election. Investors were betting that the carmaker would benefit from the more than $250 million that its chief executive, Elon Musk, spent to support the Trump campaign. But an 8 percent decline in Tesla’s stock on Tuesday all but wiped… Continue reading Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
Tesla Moves One Step Closer to Self-Driving Cars in China
Elon Musk, the chief executive of Tesla, tried for years to persuade Chinese regulators to let him offer self-driving capabilities in one of the company’s most important markets. After a series of false starts, Mr. Musk is now closer than ever. Tesla said on Tuesday that some drivers in China would be able to use… Continue reading Tesla Moves One Step Closer to Self-Driving Cars in China
Elon Musk Is Focused on DOGE. What About Tesla?
Elon Musk’s role as President Trump’s cost-cutting czar and his immersion in right-wing politics appear to be diverting his attention from Tesla at a perilous moment for the electric car company. Tesla’s car sales fell 1 percent last year even as the global market for electric vehicles grew 25 percent. Mr. Musk has not addressed… Continue reading Elon Musk Is Focused on DOGE. What About Tesla?
Nikola, Electric Truck Maker, Files for Bankruptcy
Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to develop long-haul semi trucks powered by hydrogen and electricity, and listed itself on the stock exchange in 2020 before it had sold a single vehicle. Its share… Continue reading Nikola, Electric Truck Maker, Files for Bankruptcy
Porsche Is No Longer a ‘Premium’ Sports Car in China
After decades of dominating China’s market for high-performance cars with precision engineering, German automakers are losing out to Chinese rivals that have shifted the definition of a high-end car to one that is electric, smart and affordable. Many new Chinese vehicles resemble their German rivals, like the wildly popular Xiaomi SU7, which mimics Porsche’s Taycan.… Continue reading Porsche Is No Longer a ‘Premium’ Sports Car in China
Trump Says Auto Tariffs Coming April 2
President Trump said on Friday that he planned to move forward with tariffs on foreign cars on April 2, but did not specify how much the tariffs would be or which nations could be targeted. Asked about when he might impose car tariffs during remarks in the Oval Office, Mr. Trump said “maybe around April… Continue reading Trump Says Auto Tariffs Coming April 2