The world’s auto giants will need to partner with Chinese companies to survive in China, analysts say

The world’s auto giants will need to partner with Chinese companies to survive in China, analysts say

EV cars are pictured inside BYD’s first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024.  Chalinee Thirasupa | Reuters BEIJING — Time is running out for traditional foreign automakers to adapt to China’s electric car market, signaling to … Read more

How the EV era is challenging Honda

How the EV era is challenging Honda

Honda is the world’s largest engine manufacturer, powering about 27 million cars, motorcycles, generators, yard tools, airplanes, and other items. The vast majority of those are powered by internal combustion engines. The company is a supplier of engines to successful Formula 1 teams, maker of some of the most popular cars in the U.S. and … Read more

GM lays off 1,000 employees amid reorganization, cost-cutting

GM lays off 1,000 employees amid reorganization, cost-cutting

The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the … Read more

GM’s newest EV is a ‘baby Escalade’ SUV

GM’s newest EV is a ‘baby Escalade’ SUV

2026 Cadillac Vistiq EV GM DETROIT — General Motors‘ newest all-electric vehicle is a three-row SUV for its Cadillac luxury line, which the brand is dubbing a “baby Escalade.” The 2026 Cadillac Vistiq will be the last in a lineup of new EVs in the brand’s portfolio when it goes into production and arrives in dealer … Read more

Here’s why GM is outperforming its automaker peers on Wall Street

Here’s why GM is outperforming its automaker peers on Wall Street

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024.  Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is proving it’s a standout among automakers this year as it continues to consistently outperform Wall … Read more

Foreign auto stocks BYD, BMW and others slide on Trump tariff fears

Foreign auto stocks BYD, BMW and others slide on Trump tariff fears

Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign town hall meeting, moderated by Arkansas Governor Sarah Huckabee Sanders, in Flint, Michigan, U.S., September 17, 2024.  Brian Snyder | Reuters DETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will … Read more

What his election means for EVs

What his election means for EVs

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – President-elect Donald Trump’s victory over Vice President Kamala … Read more

Silicon anodes are ahead of solid-state batteries in race to power EVs

Silicon anodes are ahead of solid-state batteries in race to power EVs

A Wallbox EV charger for electric car is displayed during the “Mondial de l’Auto” at Parc des Expositions on October 15, 2024 in Paris, France. Chesnot | Getty Images News | Getty Images Silicon anodes appear to be leading the way in the race to commercialize next-generation battery technologies for electric vehicles. The buzz around … Read more

Auto insiders on both candidates, top issues

Auto insiders on both candidates, top issues

New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.  Bill Pugliano | Getty Images DETROIT — The automotive industry has become a crucial topic during the 2024 presidential election as Michigan — home of the Motor City and 1.1 million automotive jobs — … Read more

Ford Motor (F) earnings Q3 2024

Ford Motor (F) earnings Q3 2024

Ford and Lincoln vehicles are displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT — Ford Motor guided to the low end of its previously announced 2024 earnings forecast as it slightly topped Wall Street’s third-quarter expectations. The Detroit automaker said Monday it now … Read more