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.
Continue ReadingChanging technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories.
Continue ReadingThe company said it would now focus its efforts on developing fully autonomous vehicles for personal use.
Continue ReadingBYD and other manufacturers are importing cars from China and scouting factory sites in Mexico as part of a global expansion that, for now, excludes the United States.
Continue ReadingThe team finished last in 2023, but it has risen in the standings and has plans for next season, including new drivers.
Continue ReadingHe had a remarkable run with the team, winning six titles, but after this weekend he will be racing for Ferrari.
Continue ReadingThe Ferrari driver is confident about 2025 as he teams with Lewis Hamilton.
Continue ReadingGeneral Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.
Continue ReadingLG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
Continue ReadingThe judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.
Continue ReadingWorkers at nine of the automaker’s German factories walked off their jobs for several hours, and warned they would escalate the action if their demands went unmet.
Continue ReadingThe company, facing slumping sales, announced that Carlos Tavares would step down immediately and that a search for a new chief was underway.
Continue ReadingThe automaker has long been criticized by human rights activists for doing business in the territory, where China has repressed Muslim ethnic groups.
Continue ReadingAutomakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.
Continue ReadingFewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Continue ReadingFrom electric cars to solar panels, Mr. Musk has built businesses in high-tech manufacturing sectors now targeted by Beijing for Chinese dominance.
Continue ReadingDonald J. Trump promised to erase Biden tailpipe rules that are designed to get carmakers to produce E.V.s. But Detroit wants to keep them.
Continue ReadingThe American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
Continue ReadingCompanies see charging as a potentially profitable business in and of itself, not just as a spur for foot traffic and sales.
Continue ReadingThe new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.
Continue ReadingThe president-elect has said he could impose tariffs as high as 200 percent on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.
Continue ReadingThe Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
Continue ReadingInvestors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.
Continue ReadingHe replaced Logan Sargeant after he was dropped by Williams, but Carlos Sainz will move to the team for next year.
Continue ReadingHe started the season strong, but his results have been mostly poor since. His team, Red Bull, has fallen to second place.
Continue ReadingAlthough Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.
Continue ReadingFord is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
Continue ReadingThe thinner air affects the cars in many ways, including the performance of the turbo engines, brakes and tires. “It’s like driving in the wet,” the driver Lance Stroll of Aston Martin said.
Continue ReadingThe automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.
Continue ReadingThe electric car company said profits climbed 17 percent in the third quarter as strong sales of energy products helped to make up for relatively slow auto sales.
Continue ReadingAlcon Entertainment, the Hollywood company behind “Blade Runner 2049,” said it had denied a request to use images from the movie but that Mr. Musk did so anyway.
Continue ReadingThe team first announced a new driver for 2025. Then its parent, Renault, said it would no longer be an F1 engine supplier. Oakes, the new team principal, called them “nice hot potato topics.”
Continue ReadingThe National Highway Transportation Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.
Continue ReadingFormula 1 is mostly a European sport, and contenders must climb the racing ladder through events there. That is difficult for Americans.
Continue ReadingMary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
Continue Reading差價合約交易平台如何 差價合約交易允許交易者在不實際擁有標的資產的情況下推測各個市場的價格變動。交易者也可以從保證金交易提供的槓桿效應中受益,但了解所涉及的更高風險至關重要。預測資產價格會上漲的投資者可以買入差價合約,或“做多”,而預計價格下跌的投資者可以賣出,或“做空”。 槓桿是一項重要功能,可以讓交易者以較小的初始投資控制較大的部位。然而,這可能會放大潛在的利潤和損失,因此適當的風險管理至關重要。 CFD 交易平台通常提供 1:1 至 20:1 之間的槓桿。這使得交易者能夠透過預測資產的價格變動來賺取可觀的利潤。然而,如果價格走勢與您的預測相反,這種類型的交易也可能導致重大損失。為了減輕這種風險,您應該選擇一個最低存款要求較低且多頭和空頭部位保證金要求靈活的平台。 差價合約交易平台 差價合約交易允許您在廣泛的市場上做多和做空。您可以透過買賣基礎資產(例如外匯、股票、大宗商品、指數,甚至比特幣等加密貨幣)的合約來在市場上建立部位。做多某項資產的潛在利潤是基於對其價格將會上漲的猜測。同樣,空頭部位是基於資產價格將會下跌的預期。 然而,這兩種交易策略都具有固有的風險,需要全面的研究和有效的風險管理措施。此外,差價合約的槓桿交易會放大收益和損失,因此與具有充分反洗錢 (AML) 和了解你的客戶 (KYC) 流程的信譽良好的經紀商進行交易至關重要。一般來說,信譽良好的差價合約服務提供者將獲得 FCA、CySEC、ASIC、MAS、DFSA 等監管機構的授權。此外,他們還將提供各種帳戶類型,包括 VIP 和高級帳戶。 差價合約交易平台如何處理安全和隱私? 差價合約(CFD)允許交易者在不擁有資產的情況下推測基礎資產的價格變動。如果標的資產上漲,他們就會獲利;如果標的資產下跌,他們就會虧損。交易者可以使用差價合約交易一系列市場,包括股票、股指、貨幣和商品。然而,他們必須意識到所涉及的風險,並在進行任何交易之前仔細研究市場。 差價合約交易中的槓桿允許交易者以少量初始存款(稱為保證金)獲得全部市場曝險。這可能對他們有利,也可能對他們不利,因為潛在的利潤和損失會根據頭寸的全部價值被放大。非交易費用是選擇差價合約交易平台時要考慮的另一個重要因素。這些費用,例如點差和佣金,可能對淨回報產生重大影響。此外,有些平台會對提款和存入資金收取額外費用。這些費用應在平台的條款和條件中揭露。 差價合約交易需要高度的技能,以及對風險和回報的充分了解。這些知識可以幫助交易者做出符合其風險承受能力和財務目標的明智決策。交易者還需要了解他們進行交易的監管框架。這包括反洗錢 (AML) 和了解你的客戶 (KYC) 法規以及資本要求。 差價合約交易平台的有效監管必須在投資者保護與透明度和公平交易實踐之間取得平衡。這種平衡可以透過明確的揭露要求和可能欺騙新手交易者的促銷活動的限制來實現。跟上監管變化還可以幫助交易者避免做出可能導致巨額損失的魯莽交易判斷。實現這種微妙的平衡將培育健康、永續的貿易生態系統。然而,這需要耐心和紀律。專業顧問或財務顧問可以幫助交易者適應不斷變化的條件並改善他們的交易策略。這樣,他們就可以繼續從差價合約交易提供的機會中受益。
Continue ReadingWeeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.
Continue ReadingElon Musk has said that the vehicle will add trillions to Tesla’s stock market value but some experts are skeptical that such cars will be ferrying passengers anytime soon.
Continue ReadingGermany’s largest automaker rode a wave of strong sales for years, but lagging demand and pressure from China are forcing it to consider layoffs.
Continue ReadingE.V. batteries that are submerged in saltwater can catch fire after the floods subside, but experts say it’s a rarity.
Continue ReadingEuropean Union officials say the duties are meant to protect the region’s automakers from what they say are unfair trade practices in China.
Continue ReadingThe European Union is expected to support wielding tariffs on electric vehicles made in China, seeking to prevent unfair competition.
Continue ReadingThe General Motors subsidiary reached a settlement with the main auto safety regulator after one of its self-driving taxis struck a pedestrian in San Francisco last year.
Continue ReadingThe automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
Continue ReadingInitially there were doubts about holding events in the evening, and on the streets of a city, but they faded quickly.
Continue ReadingAfter a delay of several months, General Motors said owners of its battery-powered models would now be able to use Tesla charging stations with adapters.
Continue ReadingGeneral Motors and the South Korean automaker say they will collaborate on new vehicles, buying parts and clean energy technologies.
Continue ReadingAn immersive article shows readers what a New York Times reporter has tracked for nearly a decade: Robot taxis still need human help.
Continue ReadingA week after the automaker announced it was considering closing factories in Germany, the company said it was exiting a labor contract that protected workers from layoffs.
Continue ReadingThree bridges, one toll.
Continue ReadingNine years after the carmaker admitted to concealing emissions on a massive scale, Martin Winterkorn will be tried in a German court.
Continue ReadingFor the first time in its 87-year history, the automaker is considering shuttering factories in Germany, citing the need to remain competitive.
Continue ReadingRepsol figures that there is still life in vehicle fuels as long as they can be portrayed as low carbon.
Continue ReadingThe government is aggressively promoting electric cars. But a dramatic blaze in an underground lot has left some potential buyers worried about safety.
Continue ReadingElon Musk’s plan to open Tesla’s charging network is proceeding slowly. Nobody is entirely sure why, or when that might change.
Continue ReadingThe new tariffs announced by Prime Minister Justin Trudeau will match levies imposed by President Biden and could further strain relations between Canada and China.
Continue ReadingHitting the road for a trip from Maine to Massachusetts in a giant boot on wheels.
Continue ReadingIn NASCAR, victory — and money — is often determined by seconds, one reason car racing teams are increasingly looking to hire former college athletes.
Continue ReadingThe lawsuit accuses the automaker of tricking drivers into sharing detailed driving records that were then sold to insurance companies.
Continue ReadingThe move is the latest sign of trouble for the trans-Atlantic automaker, which has had sluggish North American sales and has said it needs to cut costs.
Continue ReadingLawyers for Tesla have asked a Delaware judge to reverse her decision to void a multibillion-dollar pay package for Mr. Musk after shareholders approved it a second time in June.
Continue ReadingElon Musk’s Cybertruck is inspiring a lot of strong feelings.
Continue ReadingChina’s electric vehicle companies are making inroads in Thailand, a key industry hub, as Europe and the United States wield tariffs to keep them out.
Continue ReadingThey can be, but it depends on your driving habits. We break it down for you.
Continue ReadingTaking a safe driver course can save you 10 percent on the premium, one expert said. Improving your credit score can also help as can getting married.
Continue ReadingThe former president’s comments on E.V.s have shifted since he has grown more friendly with Elon Musk, the billionaire head of Tesla.
Continue ReadingThe company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
Continue ReadingGeneral Motors said the self-driving division’s cars will run in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.
Continue ReadingThe General Motors sports car, which enjoyed strong sales after a big design change, now has a hybrid version and may get a fully electric model that may turn off some gas-loving customers.
Continue ReadingFerrari has positioned itself as a high-end fashion and lifestyle brand that appeals to more than just Formula 1 fans. Could Jeep follow that lead?
Continue ReadingFord will build large pickups at a Canadian factory that it had previously slated to produce electric vehicles, sales of which have slowed in recent months.
Continue ReadingA Jeep plant that closed last year will be among those that will benefit from federal grants meant to help automotive manufacturers and protect jobs.
Continue ReadingA court-appointed monitor said he was looking into allegations that a union official was punished for resisting actions that would have benefited the union president’s partner and her sister.
Continue ReadingTesla’s once-commanding share of the market for electric vehicles in the United States slipped below 50 percent in the second quarter of the year even as sales of battery-powered cars surged to a record, according to new estimates published Tuesday by a research firm. Tesla accounted for 49.7 percent of electric vehicles sales from April […]
Continue ReadingSilverstone, where the British Grand Prix will be held on Sunday, is one of the most renowned tracks in Formula 1. The first Grand Prix was held there 74 years ago, at a rudimentary site that began life as a R.A.F. airfield during World War II. In 1942, a flat piece of farmland between London […]
Continue ReadingThe news shocked the collector-car world. In May 2022, a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé — named for its creator, the company’s chief engineer Rudolf Uhlenhaut — sold for 135 million euros, (about $143 million). That was more than double the previous record of $70 million set by a 1963 Ferrari 250 GTO in […]
Continue ReadingShining his work light into the deepest recesses of a Ferrari F512 M’s engine bay, Tim McNair takes note of minor flaws that will warrant closer attention. There’s an oily smudge on the intake plumbing, chipped paint where red shows through on the black chassis tubing, a damaged sticker on an ignition coil — typical […]
Continue ReadingGliding on robotic haulers, a line of Ferrari frames maneuvers through a gleaming new factory in Northern Italy. At each station, engineers in cherry red uniforms add a component — an engine block, a dashboard, a steering wheel — as they transform the bodies into hybrid vehicles. Up next: fully electric. A lot is riding […]
Continue ReadingActing on a tip from an acquaintance, Cameron Luther uncovered a butterscotch yellow 1966 Porsche in a garage in Monterey, Calif. It was dusty and up on jack stands with the wheels off. It clearly hadn’t run in a long time. The owner was a retired pilot, who is now 94, who had started a […]
Continue ReadingTwenty-two years ago, Bernie Ecclestone, the former chief executive of Formula 1, described Silverstone as “a country fair masquerading as a world event.” The home of the British Grand Prix has strikingly altered over two decades. In February, a 10-year contract was signed with Formula 1 that will see the race on the calendar through […]
Continue ReadingIn 2023, 480,000 fans attended over the four days of the British Grand Prix at Silverstone. Those people, the drivers and the team members were watched over by the more than 100 staff members at the medical center at Silverstone. It is “effectively dealing with the population of a large town each day,” Peter Hutchinson, […]
Continue ReadingFew auto executives are as closely identified with the companies they manage as Elon Musk, the chief executive of Tesla, is. And probably none are more prolific in broadcasting their political views on social media. But as Mr. Musk’s public persona has become increasingly right wing, Tesla appears to be paying a price in sales, […]
Continue ReadingMost automakers on Tuesday, with the exception of Tesla, reported modest sales growth in the three months between April and June as high interest rates, persistently high vehicle prices, and uncertainty about the economy and the coming presidential election weighed on consumers. Sales in late June were also slowed by disruptions at car dealers stemming […]
Continue ReadingVolkswagen, the German automaker, said on Tuesday that it would invest up to $5 billion in Rivian, a maker of electric trucks that has struggled to turn a profit, and that the companies would cooperate on software for electric vehicles. The deal creates an unusual alliance between the world’s second-largest carmaker and an electric vehicle […]
Continue ReadingThousands of auto dealers across the United States and Canada are suffering disruptions to their operations as a result of cyberattacks on a provider of critical software and data services used in auto retailing. The provider, CDK Global, said it was targeted in two attacks on Wednesday, prompting the company to shut down its systems […]
Continue ReadingFisker filed for bankruptcy protection late on Monday, the latest start-up in the electric vehicle industry to fall short after raising large amounts of money from investors with lofty expectations. Fisker’s bankruptcy filing, roughly one year after it delivered its first vehicle and almost four years after it went public, came after months of doubts […]
Continue ReadingInvestor support for Toyota Motor’s longtime leader, Akio Toyoda, sank to its lowest level since he took the helm as shareholders challenged the extent of control he exerts over the company. According to a filing released on Wednesday, 71.9 percent of shareholders supported renominating Mr. Toyoda as chairman of Toyota’s board. That met the threshold […]
Continue ReadingA man whose thundering Dodge Charger has tormented Seattle residents for months was ordered Tuesday to pay a fine of more than $83,000, the most serious penalty the city has imposed in months of enforcement efforts that have, until now, been largely ineffective. Miles Hudson, the driver who is known to many downtown residents and […]
Continue ReadingThe early 1920s was the era of the gentleman driver, mostly wealthy men with their expensive machines, using roads that were still full of horses. In the second 24 Hours of Le Mans, held in 1924, two of these men, driving a Bentley, won the race, leading to the term the Bentley Boys. The Automobile […]
Continue ReadingRewind 12 months to the centenary edition of the 24 Hours of Le Mans race in France, and the big story was the return of Ferrari and Porsche. Ferrari won that event at its first attempt back in the top class of Le Mans for 50 years. Now, three more major carmakers are trying to […]
Continue ReadingThe United Automobile Workers has scored a remarkable string of victories — most recently, a landmark contract on Monday for electric vehicle battery workers — as its new leadership strives to restore the union’s image as the voice of an iconic segment of the American working class. But competing for headlines is a part of […]
Continue ReadingTesla shareholders reaffirmed a pay award worth more than $45 billion for Elon Musk on Thursday, but before the announcement was made official at the company’s annual meeting in Austin, Texas, Mr. Musk posted the news on X, his social media platform. “Both Tesla shareholder resolutions are currently passing by wide margins!” he wrote in […]
Continue ReadingTesla shareholders have reaffirmed a pay award of more than $45 billion for Elon Musk, the chief executive, after it was thrown out in a legal challenge. The vote result, announced at Tesla’s annual meeting at its headquarters in Austin, Texas, on Thursday, is a strong sign that shareholders still believe in Mr. Musk, and […]
Continue ReadingThe Tesla shareholder vote over Elon Musk’s pay is in some ways a referendum on the performance of the company and its chief executive. But even before the vote concludes on Thursday, Tesla’s stock price shows that investors have plenty of doubts about Mr. Musk and the electric carmaker’s outlook. Tesla’s shares are down nearly […]
Continue ReadingThe European Union said on Wednesday that it would impose tariffs of up to 38 percent on electric vehicles imported from China into the bloc, in what E.U. leaders called an effort to protect the region’s manufacturers from unfair competition. The move, which comes a month after President Biden quadrupled U.S. tariffs on Chinese electric […]
Continue ReadingThe United Automobile Workers union on Monday announced a tentative contract agreement at an Ohio factory making batteries for electric vehicles, a step that it called a milestone in enhancing pay and safety in the E.V. supply chain. The accord covers 1,600 workers at a Lordstown plant operated by Ultium Cells, a joint venture between […]
Continue ReadingYou know you have a credit score. Did you know that you might also have a driver score? The score reflects the safety of your driving habits — how often you slam on the brakes, speed, look at your phone or drive late at night. While you can see your credit score, you will have […]
Continue ReadingThe automotive company Kia issued a recall on Friday of certain Telluride SUVs from the years 2020 through 2024 and urged the owners of the vehicles to park outside and away from structures because of a fire risk, the National Highway Traffic Safety Administration said. The issue stems from the front power seat motor, which […]
Continue ReadingThe Biden administration on Friday tightened vehicle fuel mileage standards, part of its strategy to transform the American auto market into one that is dominated by electric vehicles that do not emit the pollution that is heating the planet. The new mileage standards announced by the Transportation Department are among several regulations the administration is […]
Continue ReadingElectric cars are more expensive than gasoline models largely because batteries cost so much. But new technology could turn those pricey devices into an asset, giving owners benefits like reduced utility bills, lower lease payments or free parking. Ford Motor, General Motors, BMW and other automakers are exploring how electric-car batteries could be used to […]
Continue ReadingAlex Lawrence, a dealer in Salt Lake City who specializes in used electric cars, has seen a change over the last year in the kinds of customers who are coming into his showroom. They used to be well-heeled professionals who could drop $70,000 on a Rivian luxury pickup truck. Recently, Mr. Lawrence said, customers have […]
Continue ReadingFor much of the last four years, automakers and their dealers had so few cars to sell — and demand was so strong — that they could command high prices. Those days are over, and hefty discounts are starting a comeback. During the coronavirus pandemic, auto production was slowed first by factory closings and then […]
Continue ReadingAs the beige car bounced up to the former Soviet barracks, the rattling of its half-century old motor overpowered the din of people setting up for the day’s festivities at a temporary fairground. A man dressed in the dark green uniform of a 1950s traffic cop, replete with an old-fashioned leather cap, blew his whistle […]
Continue ReadingPresident Biden wants more of America’s cars and trucks to run on electricity, not gas. His administration has pushed that goal on multiple fronts, including strict new regulations of auto emissions and lavish new subsidies to help American consumers take as much as $7,500 off the cost of a new electric vehicle. Mr. Biden’s aides […]
Continue ReadingThe Ferrari driver Carlos Sainz is about to lose his job. He has won three of the team’s last four race victories since 2022, but that was not enough to keep his seat next season because Lewis Hamilton of Mercedes will be moving in. As 2023 ended, Sainz and his teammate, Charles Leclerc, were poised […]
Continue ReadingThe once all-conquering Mercedes-AMG Petronas F1 team is in a rut. It is a distant fourth in Formula 1’s constructors’ championship, and most of its race results this year have been in the lower half of the top 10. “We have to accept that we are the fourth-fastest team at the moment,” George Russell, one […]
Continue ReadingBob McCreadie, who was one of the winningest drivers in dirt racing history and was regularly introduced by announcers as “the master of going faster,” died on May 15 at his home in Watertown, N.Y. He was 73. His son Tim, who is also a dirt racing driver, confirmed the death. He said his father […]
Continue ReadingA week after losing a hard-fought election at two Mercedes-Benz factories in Alabama, the United Automobile Workers asked federal officials on Friday to order a new vote, saying the German carmaker violated labor laws to suppress support for the union. Mercedes-Benz conducted a “relentless anti-union campaign” marked by “wanton lawlessness,” the U.A.W. said in a […]
Continue ReadingAsk a Grand Prix driver whether Monaco is worthy of its place on the Formula 1 calendar, and the answer will usually be yes. That’s even though the Grand Prix can often be less than thrilling. The track is so narrow and the cars so big that drivers rarely can pass, or overtake, each other. […]
Continue ReadingGood morning. It’s Tuesday. Today we’ll find out about a $10 annual fee that’s added in every car insurance policy in New York State. We’ll also see what former Gov. Andrew Cuomo and the city’s public advocate, Jumaane Williams, said when they criticized Mayor Eric Adams. In New York, there’s an automatic add-on that makes […]
Continue ReadingIf your car broke down two years ago, it probably became a bigger problem than you bargained for. A confluence of forces were to blame: The Covid pandemic disrupted supply chains, pushing used car prices to record highs and making spare parts hard to get; out-of-practice drivers emerging from lockdowns caused more severe wrecks; and […]
Continue ReadingGrowing up in Mexico, Marco Flores fantasized about the lowrider cars he saw in magazines, studying their colorful bodies and gleaming engine compartments. He adored his father’s Chevrolet Chevelle, too. In a tribute, Mr. Flores eventually restored a Chevelle in electric blue — the same muscle car his father had owned — with the help […]
Continue ReadingFormula 1 is back at Imola, in Italy, for the Emilia-Romagna Grand Prix, a year after the 2023 race was canceled because of the extensive flooding in the region. Over half of the annual rainfall deluged the area in just 36 hours in mid-May 2023, falling on land that had been hit by drought. A […]
Continue ReadingAfter suffering a setback at two Mercedes-Benz plants in Alabama on Friday, the United Automobile Workers union’s efforts to organize other auto factories in the South is likely to slow and could struggle to make headway. About 56 percent of the Mercedes workers who voted rejected the U.A.W. in an election after the union chalked […]
Continue ReadingWorkers at two Mercedes-Benz factories near Tuscaloosa, Ala., voted on Friday against joining the United Automobile Workers, a stunning blow to the union’s campaign to gain ground in the South, where it has traditionally been weak. The defeat came after Kay Ivey, Alabama’s governor, and other Republican leaders argued that a pro-union vote would choke […]
Continue ReadingIn January last year, Frédéric Vasseur started one of the toughest jobs in motorsports, team principal of the Ferrari Formula 1 team. It did not help that as a Frenchman, Vasseur was the first non-Italian to be appointed to the position since Jean Todt left in 2007. The Ferrari fans, known as Tifosi, were unhappy […]
Continue ReadingDaniel Ricciardo started the season with an eye on returning to Red Bull. Six Grands Prix later, he has had to adjust his sights. It is the fine line that drivers in Formula 1 tread between success and failure. “Yes, I haven’t had a great start to the season, but I’m not a rookie trying […]
Continue ReadingMore than 5,000 Mercedes-Benz workers in Alabama are voting this week on whether to join the United Automobile Workers union, a decision both supporters and opponents say will have consequences far beyond two factories near Tuscaloosa where the German carmaker churns out luxury sport utility vehicles and batteries for electric cars. Conservative political leaders have […]
Continue ReadingThe Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States. But the decision reflects deep concern within the American automotive industry, which has grown increasingly worried about China’s ability to churn out […]
Continue ReadingPresident Biden on Tuesday announced a sharp increase in tariffs on an array of Chinese imports, including electric vehicles, solar cells, semiconductors and advanced batteries, in an effort to protect strategic American industries from a new wave of competitors that he said were unfairly subsidized by Beijing. The president also officially endorsed maintaining tariffs on […]
Continue ReadingI call it my car, but it’s really a Times car, managed and maintained by a fleet management company. I drove a different car when I first started covering Texas in 2011. A few years later in 2014, I got the Malibu, and it had been my trusty, dirty, unheralded and exhausted companion ever since. […]
Continue ReadingIf you asked a child to draw a car, the result would probably be something that looked like the Chevrolet Malibu. For decades, this dependable midsize vehicle was a stalwart of the American road. Because that kind of thing is no longer in demand, it came as no surprise when General Motors announced on Wednesday […]
Continue ReadingWayve, a London maker of artificial intelligence systems for autonomous vehicles, said on Tuesday that it had raised $1 billion, an eye-popping sum for a European start-up and an illustration of investor optimism about A.I.’s ability to reshape industries. SoftBank, the Japanese conglomerate that backed Uber and other tech companies, was the lead investor, along […]
Continue ReadingGeneral Motors said on Wednesday that it would stop making the Chevrolet Malibu, the last affordable sedan in its U.S. model lineup and a venerable nameplate that was introduced in the 1960s when the company was a dominant force in the U.S. economy. For years, American drivers have been gravitating toward sport utility vehicles and […]
Continue ReadingWe’re at an inflection point in electric-car optimism. Over the past few years, as electric vehicle sales increased substantially and car companies announced an onslaught of new battery-powered models, it seemed that electric cars were a near-term inevitability. But for all the heady promise, E.V. enthusiasm seems to be cooling. Ford recently announced that it’s […]
Continue ReadingWhen Kendall Jenner attended the 2022 Met Gala in a Prada gown with an enormous flowing skirt, getting her to the Metropolitan Museum of Art required special transportation. A limousine would not do, nor would an SUV — walking in the dress was a challenge; sitting, impossible. The solution: Ms. Jenner would be driven, standing, […]
Continue ReadingElon Musk, the chief executive of Tesla, blindsided competitors, suppliers and his own employees this week by reversing course on his aggressive push to build electric vehicle chargers in the United States, a major priority of the Biden administration. Mr. Musk’s decision to lay off the 500-member team responsible for installing charging stations, and to […]
Continue ReadingAfter the first Miami Grand Prix in 2022, Tom Garfinkel, the managing partner of the event, knew changes were needed. Formula 1 turned to Miami for its second race in the United States, nearly a decade after making a long-awaited breakthrough in Austin, Texas, the home to the United States Grand Prix. Miami was not […]
Continue ReadingAndretti is a storied name in motorsport, as drivers and owners in open-wheel racing. Mario won most of the world’s major races in his career and took the Formula 1 drivers’ championship in 1978, only the second American to claim the title. His son Michael also raced in Formula 1, as Ayrton Senna’s teammate at […]
Continue Reading“It was not easy to see both cars on the last row of the grid in Bahrain,” Famin said. Matt Harman, the technical director, and Dirk de Beer, the head of aerodynamics, announced their resignations after the race, with their duties turned over to a three-person team. Alpine has invested in new dynos, which constantly […]
Continue ReadingAutomakers in China are building a new generation of bigger, more technologically advanced and competitive electric cars, threatening to leap further ahead of their global rivals as they step up exports around the world. The dozens of car companies operating in China plan to put 71 new battery electric models on sale this year. Many […]
Continue ReadingElon Musk has gutted the part of Tesla responsible for building electric vehicle charging stations, sowing uncertainty about the future of the largest and most reliable U.S. charging network. The layoffs of several hundred Tesla employees, which many of them posted about on social media on Tuesday, raised questions about deals that Mr. Musk, Tesla’s […]
Continue ReadingTesla has concluded a series of arrangements with regulators and a Chinese artificial intelligence company during a quick trip to Beijing on Sunday and Monday by Elon Musk, the car maker’s chief executive, potentially clearing the way for the company to offer its most advanced self-driving software on cars in China. Tesla had faced a […]
Continue ReadingThe United Automobile Workers reached an 11th-hour deal Friday with Daimler Truck in North Carolina that gave workers 25 percent raises and averted a strike that would have begun Saturday. The union had said it was ready to walk out if it could not agree on a new contract covering 7,300 Daimler employees. The previous […]
Continue ReadingThe federal government’s main auto safety agency said on Friday that it was investigating Tesla’s recall of its Autopilot driver-assistance system because regulators were concerned that the company had not done enough to ensure that drivers remained attentive while using the technology. The National Highway Traffic Safety Administration said in documents posted on its website […]
Continue ReadingSherrie Waugh has been yelled at, insulted and wept upon in the course of her job administering driving tests. Typically these extreme reactions happen when she is forced to render an upsetting verdict: It’s time to hang up the car keys. Ms. Waugh, a certified driving rehabilitation specialist with The Brain Center, a private neuropsychology […]
Continue ReadingHonda Motor on Thursday said it and several suppliers would invest $11 billion to build batteries and electric cars in Ontario, a significant commitment from a company that has been slow to embrace the technology. Like Toyota and other Japanese carmakers, Honda has emphasized hybrid vehicles, in which gasoline engines are augmented by electric motors, […]
Continue ReadingAutomakers have been selling data about the driving behavior of millions of people to the insurance industry. In the case of General Motors, affected drivers weren’t informed, and the tracking led insurance companies to charge some of them more for premiums. I’m the reporter who broke the story. I recently discovered that I’m among the […]
Continue ReadingGeneral Motors on Tuesday reported a big jump in profits for the first three months of the year, based on the strength of its gasoline vehicle business, and raised its outlook for the rest of the year. The company saw slow growth in electric vehicles, but robust sales of internal combustion vehicles, especially pickup trucks, […]
Continue ReadingTesla reported on Tuesday that it made significantly less money in the first three months of the year because of its tepid car sales, reinforcing concern among investors that the company led by Elon Musk is losing ground in the market for electric vehicles. Profit fell 55 percent, to $1.1 billion, from the first quarter […]
Continue ReadingAfter hearing complaints about streets filled with cars with expired temporary license tags, the mayor of St. Charles, Mo., invited his constituents to send in photos of bad plates. He received more than 4,100 in a year — from a city of about 71,000 people. A Washington, D.C., Council member wants to make it easier […]
Continue ReadingIn a landmark victory for organized labor, workers at a Volkswagen plant in Tennessee have voted overwhelmingly to join the United Automobile Workers union, becoming the first nonunion auto plant in a Southern state to do so. The company said in a statement late Friday that the union had won 2,628 votes, with 985 opposed, […]
Continue ReadingTesla has agreed to recall nearly 4,000 of its Cybertruck pickups to fix an accelerator pedal that can get stuck, raising the risk of crashes, a federal safety agency said on Friday. The defect could cause the vehicle to accelerate unintentionally, the National Highway Traffic Safety Administration said in a notice posted on its website. […]
Continue ReadingBarbara Joans, an iconoclastic anthropologist and feminist who, in her early 60s, became something of a Margaret Mead in black leather, steering her Harley-Davidson deep into a biker culture and producing the 2001 book, “Bike Lust: Harleys, Women, and American Society,” died on March 6 in Santa Cruz, Calif. She was 89. The cause of […]
Continue ReadingFacing criticism that it is overly beholden to Elon Musk, Tesla’s board of directors said on Wednesday that it would essentially give him everything he wanted, including the biggest pay package in corporate history. If setbacks in court and the car market have induced any soul searching among Tesla’s board, there was no sign of […]
Continue ReadingSigns of turmoil at Tesla multiplied on Monday after the electric car company told employees it would lay off more than 10 percent of the work force to cut costs and two senior executives resigned. The job cuts, amounting to about 14,000 people, come as the company faces increasing competition and declining sales. The management […]
Continue ReadingHardly a second had passed since the light turned green, but there was already a symphony of honks and beeps and toots urging traffic forward on Columbus Avenue. About a minute later, a deep, foghorn-like honk rumbled from a dump truck as it turned onto 89th Street. It was a typical weekday morning on the […]
Continue ReadingEndorsing an antisemitic post on X. Withholding Starlink satellite internet service from Ukraine to prevent a drone attack on Russian forces. Reposting conspiracy theorists who claim that the Biden administration’s immigration policies are part of a plot to increase the number of people who vote Democrat. Elon Musk’s behavior and public statements have clearly offended […]
Continue ReadingZwickau, a city in Germany’s east, may not be as famous as Detroit, but its economy has revolved around internal combustion engines since August Horch established Audi here at the beginning of the 20th century. So when Volkswagen announced in 2018 that it would convert its Zwickau factory, the largest private employer in the area, […]
Continue ReadingTesla on Monday settled a lawsuit that blamed the automaker’s driver-assistance software for the death of a California man in 2018, averting a trial that would have focused attention on the company’s technology several months before it plans to unveil a self-driving taxi. The trial stemming from the death of Wei Lun Huang, an Apple […]
Continue ReadingFord Motor on Thursday delayed the production of at least two new electric cars and said it would pivot to making more hybrids. Its decision was the latest sign that large automakers have been forced to rethink their strategy for electric vehicles because sales for those models are slowing. The shift by Ford and automakers […]
Continue ReadingNASA will be renting some cool wheels to drive around the moon. Space agency officials announced on Wednesday that they have hired three companies to come up with preliminary designs for vehicles to take NASA astronauts around the lunar south polar region in the coming years. After the astronauts return to Earth, these vehicles would […]
Continue ReadingTesla appeared to be losing command of the market it effectively created after it reported a stunning drop in quarterly sales on Tuesday, raising fresh questions about Elon Musk’s leadership of the company. The sales decline caught investors off guard and came as rivals like BYD of China and Kia and Hyundai of South Korea […]
Continue ReadingConcerns about the impact of the Baltimore bridge collapse on auto imports and exports are beginning to ease as car companies turn to other ports along the East Coast. On Thursday, Cox Automotive, a market researcher, said it expected the situation in Baltimore to have no material effect on vehicle sales in the United States. […]
Continue ReadingWhen Elon Musk unveiled the first Chinese-made Teslas in Shanghai in 2020, he went off script and started dancing. Peeling off his jacket, he flung it across the stage in a partial striptease. Mr. Musk had reason to celebrate. A few years earlier, with Tesla on the brink of failure, he had bet on China, […]
Continue ReadingSeveral large automakers said on Tuesday that they were working to reroute shipments of cars because of the collapse of the Francis Scott Key Bridge in Baltimore. The Port of Baltimore plays an important role in the shipment of vehicles and handled more than 750,000 cars and trucks in 2023, according to the Maryland Port […]
Continue ReadingWhen Elon Musk first set up Tesla’s factory in China, he appeared to have the upper hand. He gained access to top leaders and secured policy changes that benefited Tesla. He also got workers accustomed to long hours and fewer protections, after clashing with U.S. regulators over labor conditions at his California plant. The Shanghai […]
Continue ReadingThe automotive conglomerate Stellantis is recalling hundreds of thousands of vehicles — specifically Dodge Chargers and Chrysler 300s modeled from 2018 to 2021 — citing side airbags that could rupture and hurl shrapnel, according to documents posted by the National Highway Traffic Safety Administration. The documents say that airbags on both sides may have a […]
Continue ReadingThe Biden administration’s new regulation limiting tailpipe emissions from cars and light trucks would transform the American automobile market, charting a course away from the internal combustion engine and toward a future of electric cars and hybrids. Here’s what to know about the measure. It’s a big deal in the fight against climate change In […]
Continue ReadingThe electric vehicle, a breakthrough achievement in automotive technology, has driven into this year’s presidential election, inflaming partisan fights that have come to define much of American culture. One reason is that President Biden has made electric vehicles central to his strategy to combat climate change. This week, his administration announced the most ambitious climate […]
Continue ReadingEven if clean air rules announced on Wednesday in Washington are less forceful than some environmentalists would have liked, they should still have a powerful effect on the kinds of cars appearing in showrooms over the next several years, experts said. The rules will amplify market forces pushing the industry toward battery power, giving automakers […]
Continue ReadingThe Biden administration on Wednesday issued one of the most significant climate regulations in the nation’s history, a rule designed to ensure that the majority of new passenger cars and light trucks sold in the United States are all-electric or hybrids by 2032. Nearly three years in the making, the new tailpipe pollution limits from […]
Continue ReadingLos Angeles, to drivers, has never been for the faint of heart. A land where most cannot fathom life without wheels, it offers a daily parade of frustration: congestion, accidents, construction, road rage, tedium. Every transplant has a story about learning to adapt. “You get in the rhythm of matching everyone else’s energy,” said Tamara […]
Continue ReadingA Canadian man who lives in China was arrested Tuesday and held in New York after he and a business partner were accused of trying to sell secret battery manufacturing technology belonging to Tesla. Federal prosecutors in Brooklyn asked a judge to hold Klaus Pflugbeil without bail on a charge of theft of trade secrets. […]
Continue ReadingNew cars are more available this spring, and manufacturers have even begun offering deals to entice buyers. But at the same time, lenders have been tightening the terms of car loans as they deal with a rising number of delinquencies. That has made it harder for some people to get affordable loans. Access to auto […]
Continue ReadingKenn Dahl says he has always been a careful driver. The owner of a software company near Seattle, he drives a leased Chevrolet Bolt. He’s never been responsible for an accident. So Mr. Dahl, 65, was surprised in 2022 when the cost of his car insurance jumped by 21 percent. Quotes from other insurance companies […]
Continue ReadingTesla and a former employee have agreed to settle a closely watched lawsuit that cast a harsh light on the carmaker’s treatment of Black workers. Lawyers for Tesla and for Owen Diaz, who worked at the company’s factory in Fremont, Calif., did not disclose the terms of the settlement in a legal filing on Friday. […]
Continue ReadingWhen Romeo Chicco tried to get auto insurance in December, seven different companies rejected him. When he eventually obtained insurance, it was nearly double the rate he was previously paying. According to a federal complaint filed this week seeking class-action status, it was because his 2021 Cadillac XT6 had been spying on him. Modern cars […]
Continue ReadingToyota, the world’s largest automaker, has been criticized for selling few electric vehicles, but its decision to focus on hybrids is paying off financially.
Continue ReadingAs BMW car bodies glided down an assembly line in Munich recently, showered by sparks from robotic welders, it was hard to tell which vehicles would be powered by batteries, fuel-burning engines or both. In the view of many analysts, that is not a good thing. The German automaker’s electric vehicles are made on the […]
Continue ReadingFormula 1 has two new team names this season, which follow a trend in the sport to focus on marketing: Visa Cash App RB Formula One Team and Stake F1 Team Kick Sauber. Sauber Motorsport has been racing since 1993 under various names, most recently as Alfa Romeo. For this season and next it will […]
Continue ReadingFor the last decade, many Apple employees working on the company’s secretive car project, internally code-named Titan, had a less flattering name for it: the Titanic disaster. They knew the project was likely to fail. Throughout its existence, the car effort was scrapped and rebooted several times, shedding hundreds of workers along the way. As […]
Continue ReadingJob growth, wage growth and business growth are all lively, and inflation has steeply fallen from its 2022 highs. But consumer sentiment, while improving, is still sour. One reason may be sticker shock from some highly visible prices — even as overall inflation has calmed. The cost of car insurance is a key example. Motor […]
Continue ReadingThe name above the door of the Haas Formula 1 team remains unaltered. But, heading into the 2024 Formula 1 season, there’s been a major leadership change. Guenther Steiner, the founding team principal of the only American Formula 1 squad, is gone. In his place, Haas has promoted Ayao Komatsu, who had been the team’s […]
Continue ReadingFor Red Bull’s nine rivals in Formula 1, there is a mix of hope and realism that the sport’s dominant team can be beaten this season. Last year, Red Bull and its champion driver, Max Verstappen, rewrote the record books in defending their constructors’ and drivers’ titles. Ahead of the new season, which starts with […]
Continue ReadingApple has canceled its plans to release an electric car with self-driving abilities, a secretive product that had been in the works for nearly a decade. The company told employees in an internal meeting on Tuesday that it had scrapped the project and that members of the group would be shifted to different roles, including […]
Continue Reading“Throw the keys through the kiosk’s open window. We’ll get the car when we open later”: Those slightly unorthodox drop-off instructions I once received from a Hertz manager in Croatia illustrate some of the differences U.S. travelers might encounter when renting a car abroad. It pays to familiarize yourself with the local policies and protocols […]
Continue ReadingProbably only Americans of a certain age remember when the Volkswagen Beetle was the best-selling imported car in the United States and the hippest ride to a Grateful Dead concert was a Volkswagen Microbus. Volkswagen is trying to tap some of that nostalgia in its latest push to regain the status and sales it enjoyed […]
Continue ReadingTesla’s hulking assembly plant outside Berlin, which opened two years ago in a community known for its forests and lakes, still rubs many residents the wrong way. They worry it threatens the quality of their water and air, and has disrupted the peacefulness that drew them to the area. Steffen Schorcht, 63, who lives across […]
Continue ReadingIn a concession to automakers and labor unions, the Biden administration intends to relax elements of one of its most ambitious strategies to combat climate change, limits on tailpipe emissions that are designed to get Americans to switch from gas-powered cars to electric vehicles, according to three people familiar with the plan. Instead of essentially […]
Continue ReadingElon Musk, the chief executive and public face of Tesla, is constantly making news and broadcasting his opinions on his social media site, X. But the electric car company has another leader — one who maintains a much lower profile. For more than five years, Tesla’s board has been led by Robyn M. Denholm, a […]
Continue ReadingChina’s BYD was a battery manufacturer trying its hand at building cars when it showed off its newest model in 2007. American executives at the Guangzhou auto show gaped at the car’s uneven purple paint job and the poor fit of its doors. “They were the laughingstock of the industry,” said Michael Dunne, a China […]
Continue ReadingWhen Bologna became the first major Italian city to impose a speed limit of 30 kilometers, or 20 miles, an hour, Luca Mazzoli, a local taxi driver, posted a sign in his cab warning passengers of the change. He had to, he said grumpily the other day, “to explain why I am driving so slowly.” […]
Continue ReadingVideos being shared across social media this week depict an almost dystopian, futuristic scene: drivers of Teslas in Autopilot mode while wearing Apple Vision Pro headsets, seemingly unaware of the road in front of them. The videos led federal transportation officials to issue warnings. But are people really mindlessly riding around in Teslas in Autopilot […]
Continue ReadingIn July Michael Puglia drove home with what seemed like the coolest vehicle he’d ever own — a Ford F-150 Lightning electric pickup truck. It was big enough to haul around his children and all their hockey gear. He’d never have to gas it up, and the ride was exhilarating. “It’s unbelievably fast and responsive,” […]
Continue ReadingFord Motor said it lost $526 million in the final three months of 2023, mainly as a result of special charges related to its employee pension programs and the reorganization of some of its overseas operations. The automaker said its fourth-quarter revenue rose to $46 billion, from $44 billion a year earlier, thanks to strong […]
Continue ReadingA Delaware judge’s decision to void the pay package that helped make Elon Musk the world’s richest person leaves Tesla’s board of directors with some difficult decisions to make. Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery on Tuesday ordered Tesla to cancel stock options awarded to Mr. Musk, the electric car […]
Continue ReadingGeneral Motors said on Tuesday that its profit in the final three months of 2023 was depressed by the cost of a 40-day strike at some of its U.S. plants and an accounting charge related to electric vehicles. The automaker, which has been banking on a rapid rise in sales of battery-powered models, earned $2.1 […]
Continue ReadingA Delaware judge ruled on Tuesday in favor of Tesla shareholders who sued to block the pay package that helped make Elon Musk, the carmaker’s chief executive, a billionaire many times over and the world’s wealthiest human being. “The process leading to the approval of Musk’s compensation plan was deeply flawed,” Chancellor Kathaleen St. J. […]
Continue ReadingThere are more than four million electric vehicles on American roads, but fewer than 1,000 of them are heavy-duty trucks. On Tuesday, the three largest truck makers plan to announce a push to remedy that deficit by calling on governments and utilities to help them build many more places to charge big rigs. Daimler Truck, […]
Continue ReadingCellphones can track what we say and write, where we go, what we buy and what we search on the internet. But they still aren’t being used to track one of the biggest public health threats: crashes caused by drivers distracted by the phones. More than a decade after federal and state governments seized on […]
Continue ReadingTesla’s profit more than doubled during the last three months of 2023 compared with a year earlier after the electric carmaker booked a tax benefit. But profit from car sales slumped after Tesla cut prices to fend off increasingly intense competition, the company said on Wednesday. Profit in the fourth quarter was $7.9 billion, up […]
Continue ReadingThe Biden administration on Friday issued guidance that makes much of the country eligible for tax credits intended to offset the cost of installing electric vehicle chargers. Consumers and businesses can claim the credit for charging equipment installed for public or private use at homes or on business properties. The initiative aims to make it […]
Continue ReadingWith Chicago temperatures sinking below zero, electric vehicle charging stations have become scenes of desperation: depleted batteries, confrontational drivers and lines stretching out onto the street. “When it’s cold like this, cars aren’t functioning well, chargers aren’t functioning well, and people don’t function so well either,” said Javed Spencer, an Uber driver who said he […]
Continue ReadingAs Teslas and other electric vehicles dazzled car buyers with futuristic technology and dreams of a gasoline-free future, hybrid cars began to seem like yesterday’s news. Sales of the Toyota Prius, the standard-bearer for hybrids, fell 85 percent over a decade. Now, a slowdown in the growth of electric car sales has led General Motors, […]
Continue ReadingElon Musk, the chief executive of Tesla, demanded that the company’s board give him shares worth more than $80 billion if it wants him to continue developing products based on artificial intelligence. Mr. Musk said Monday on X, the social media site he owns, that he needed to own 25 percent of Tesla to avoid […]
Continue ReadingThe rental car company Hertz will be selling about one-third of the electric vehicles in its fleet after they lost value more quickly than expected, the company said on Thursday. The drop in value is a blow to the company’s efforts to replace gasoline vehicles with cars that do not produce tailpipe emissions. The electric […]
Continue ReadingAfter almost 10 years of marriage, Christine Dowdall wanted out. Her husband was no longer the charming man she had fallen in love with. He had become narcissistic, abusive and unfaithful, she said. After one of their fights turned violent in September 2022, Ms. Dowdall, a real estate agent, fled their home in Covington, La., […]
Continue ReadingBrian Moody, executive editor of the website Autotrader, told me he expected more manufacturers to adopt automated safety technology in the coming years, “at lower prices and across more types of vehicles.” However, he went on: “These are businesses we’re talking about, and they’re in business to make money. They don’t want to be sued, […]
Continue ReadingAfter enjoying a strong rebound in sales in 2023, the auto industry appears headed for slower growth this year as consumers struggle with elevated interest rates and high prices for new cars and light trucks. Edmunds, a market researcher, expects the industry to sell 15.7 million vehicles this year. That would amount to a modest […]
Continue ReadingTesla sales jumped during the last three months of 2023 after the carmaker slashed prices and customers rushed to take advantage of tax breaks on electric vehicles — provisions that will be harder to come by in 2024. The company said on Tuesday that it sold 484,500 cars in the fourth quarter, up from 435,000 […]
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