Automakers closed 2024 with strong sales in the United States in the final three months of the year, helped by a surge in demand for electric models. The gains were led by General Motors, which said on Friday that its fourth-quarter sales rose 21 percent from a year earlier, to more than 755,000 cars and… Continue reading E.V. Demand Leads Automakers to a Strong 2024 Finish
Author: New York Times Online News
Turo Car Rental App Was Quietly Growing Before New Orleans and Las Vegas Attacks
For nearly 15 years, Turo, the car rental app investigators say was used in the deadly attack in New Orleans and the vehicle explosion at the Trump International Hotel in Las Vegas, quietly grew as an alternative to traditional rental services like Hertz and Enterprise. The company was founded as RelayRides in 2010, and rebranded… Continue reading Turo Car Rental App Was Quietly Growing Before New Orleans and Las Vegas Attacks
Tesla Shares Slip After First Annual Sales Decline
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies. Go to Source
Osamu Suzuki, 94, Who Turned Automaker Into a Powerhouse, Dies
He built Suzuki Motor into a Japanese global brand making small vehicles and motorcycles. Entering India’s market in the 1980s was one of his early successes. Go to Source
Why Mergers of Carmakers Like Honda and Nissan Often Falter
The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages. Go to Source
Volkswagen Reaches Labor Deal, Avoiding Germany Plant Closures
The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030. Go to Source
Under Pressure, Hyundai Supplier Ends Alabama Prison Labor Contract
The supplier fired dozens of prisoners after some of them said they felt they had no choice but to take those jobs. Go to Source
Honda and Nissan Are in Talks to Deepen Ties and Possibly Merge
The merger talks between Japan’s second- and third-largest automakers highlight the intense upheaval within the world’s auto industry. Go to Source
New U.S. Vehicles Must Have Rear Seatbelt Alarms by Late 2027
The National Highway Traffic Safety Administration changed an existing rule to expand and enhance seatbelt warning requirements. Go to Source
Automakers Thrived in the Pandemic. Many Are Now Struggling.
Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories. Go to Source