Beijing has run out of patience with companies slashing prices, and is urging restraint. But fierce competition is also producing a surge of innovation. Go to Source
Author: New York Times Online News
The European Heir Restoring Forgotten American Cars to Glory
Part passion project, part playground, the NB Center for American Automotive Heritage, founded by Nicola Bulgari, has facilities to service and showcase his collection of American cars from the early to mid 1900s. A giant screen still towers over the site of the former Boulevard Drive-In Theater, a sprawling complex ringed by low-rise buildings in… Continue reading The European Heir Restoring Forgotten American Cars to Glory
Can Cadillac Keep Selling E.V.s as Trump Repeals Climate Policies?
Electric models from the luxury car brand have been very successful, but they may struggle once a $7,500 federal tax credit ends next month. Go to Source
Europe Gets a Written Trump Trade Deal, With a Caveat for Automakers
Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products. Go to Source
China’s Automakers Are Taking a Shortcut to European Markets
Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by the Houthi militia. Go to Source
Ford Rejigs E.V. Plans After Suffering Billions in Losses
Ford, which once had a lead on other established automakers, said on Monday that it will use new materials and methods to lower the costs of electric vehicles. Go to Source
China’s Automakers Are Taking a Shortcut to European Markets
Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by the Houthi militia. Go to Source
Car Companies Are Paying Tariffs So You Don’t Have To
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say. Go to Source
California Start-Up Will Buy Assets of Bankrupt Swedish Battery Maker
Lyten will acquire German and Swedish factories built by Northvolt, which declared bankruptcy in March. Go to Source
Trump Will Slow, but May Not Stop, the Rise of Electric Vehicles
President Trump and Republicans in Congress are eliminating federal incentives to buy electric vehicles, but carmakers need to keep selling and investing in them. Go to Source