Stellantis cited UK’s zero-emission vehicle mandate when it announced the closure of its van factory in Luton on Tuesday. Photograph: Vauxhall Motors/Stellantis View image in fullscreen Stellantis cited UK’s zero-emission vehicle mandate when it announced the closure of its van factory in Luton on Tuesday. Photograph: Vauxhall Motors/Stellantis Vauxhall owner was ‘confident’ about meeting EV… Continue reading Vauxhall owner was ‘confident’ about meeting EV rules before factory shutdown
Tag: GM
Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
President-elect Donald J. Trump’s threat to impose 25 percent tariffs on goods from Mexico and Canada sent shivers on Tuesday through the auto industry, which depends heavily on both countries for parts and manufacturing. The prospect of tariffs “is a two-alarm fire for the auto industry,” said Patrick Anderson, chief executive of Anderson Economic Group,… Continue reading Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
CNBC Daily Open: A new day, a new Trump policy for markets to digest
U.S. President-elect Donald Trump and Sen. Ted Cruz (R-TX) attend the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors… Continue reading CNBC Daily Open: A new day, a new Trump policy for markets to digest
GM eliminated Apple CarPlay and Android Auto from its EVs — this upgrade adds them back
/ An aftermarket kit from White Automotive and Media Services restores the popular phone projection features to Chevy and GMC EVs. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this… Continue reading GM eliminated Apple CarPlay and Android Auto from its EVs — this upgrade adds them back
Volkswagen and Chinese partner SAIC to sell joint venture plant in west China’s Xinjiang
BANGKOK (AP) — Volkswagen and Shanghai’s SAIC Motor have agreed to sell a factory in China’s far western Xinjiang region that drew criticism due to accusations by western governments of human rights violations. The companies also said Wednesday that they were extending their 40-year-old automaking joint venture until 2040, ahead of schedule, and that the… Continue reading Volkswagen and Chinese partner SAIC to sell joint venture plant in west China’s Xinjiang
GM and other US automakers would take big hit from Trump tariffs
GM, Stellantis and Ford declined to comment on Trump’s proposed tariffs. U.S. President-elect Donald Trump‘s plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors, and raise prices of SUVs and pickup trucks for U.S. consumers. GM leads the automakers that… Continue reading GM and other US automakers would take big hit from Trump tariffs
Trump tariffs would harm all involved, US trade partners say
The tariffs could also prompt an early renegotiation of the USMCA, ahead of the planned 2026 review, trade experts said. Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect Donald Trump‘s threat of hefty tariffs on goods would harm the economies of all involved, cause inflation to spike and damage… Continue reading Trump tariffs would harm all involved, US trade partners say
GM’s next electric pickup truck might actually be a Hyundai or vice versa
Pickup trucks and SUVs dominate the North American market and are gaining traction overseas. Seeing the opportunity, GM and Hyundai are reportedly teaming up to launch an electric pickup. GM and Hyundai team up to launch an electric pickup GM and Hyundai signed a Memorandum of Understanding in September to partner up on new vehicle development… Continue reading GM’s next electric pickup truck might actually be a Hyundai or vice versa
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday after President-elect Donald Trump threatened to put 25% tariffs… Continue reading Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
German FAZ: The trick with the Andretti008231
Andretti back in Formula 1, now after all. Just completely different than planned. “I have to pinch myself,” said Andretti, “to make sure I’m not dreaming.” But Michael Andretti, who was once overwhelmed as a Grand Prix driver, won’t be there when Cadillac, the luxury brand of the General Motors Group (GM ), will be… Continue reading German FAZ: The trick with the Andretti008231