Tag: Autos
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Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates
President Donald Trump said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027
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Tesla recalls 3 million vehicles in China over doorhandle safety, driver monitoring
Tesla will voluntarily recall about 3 million of its vehicles in China to address doorhandle safety concerns and deficient driver monitoring systems.
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Why some of America’s biggest brands are losing ground in China
Nike, Starbucks and GM have lost ground in China as domestic rivals, geopolitics and changing consumer preferences reshape the market.
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Hyundai considering U.S. production increase at new Georgia plant, CEO tells CNBC
The potential capacity increase would be part of Hyundai’s plan to invest $26 billion in the U.S. through 2028, Hyundai CEO José Muñoz told CNBC.
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Hyundai’s new flagship vehicle is a large luxury Genesis EV
The GV90 features a new design direction for Genesis and expands the Hyundai brand’s lineup to seven vehicles in the U.S.
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Car dealerships are relying more on parts and service for profits
Dealership gross profits have fallen from the supply-constrained days of 2022. They are relying more heavily on the income streams that hedge against downturns.
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Ferrari Luce: Polarizing EV becomes a $40 million collector’s item
The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced at 550,000 euros (roughly $640,000).
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Japanese automakers vulnerable to one-two punch of Iran war, yen rally
Japanese automakers vulnerable to one-two punch of Iran war, yen rally
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Secret outperformer: Dispelling the ‘myths’ about an unloved stock market
European markets fly under the radar when compared with larger and more liquid U.S. markets, but Goldman Sachs offered to dispel some of the myths them.
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How long will software-defined cars last? The auto industry doesn’t know yet
Cars that run on software offer benefits automakers and many customers say older cars cannot compete with. But some analysts worry the vehicles might not last.
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