Nexperia has suspended wafer supplies to its Chinese plant, raising concerns among global automakers. This decision follows a contractual dispute and could worsen the chip shortage crisis affecting the industry.
In a significant move, General Motors has laid off around 1,700 workers at its Michigan and Ohio plants due to a slowdown in the electric vehicle market. The company aims to realign its EV capacity amid evolving regulations and declining consumer incentives.
In a dramatic escalation, Trump has announced a 10% tariff increase on Canadian goods following an anti-tariff ad featuring Reagan. Ontario's Premier Ford pauses ads amid trade tensions, but the World Series plays backdrop to their ongoing feud.
General Motors is gearing up to release its Q3 earnings, with analysts predicting a significant revenue drop. Amid challenges in the automotive sector, experts express concerns over GM's future performance.
The Canadian government is poised to take legal action against Stellantis as the car giant plans to move Jeep Compass production to the US, breaching a previous commitment.
Tesla has unveiled its lower-cost Model Y and Model 3, but the response has been underwhelming. With puzzling omissions and tough competition, can these models revive Tesla's sales slump?
Tesla is set to launch a lower-cost Model Y, aimed at revolutionizing the EV market. With production slated to ramp up, will this model boost Tesla's sales amid declining incentives?
Tesla and GM are leading the charge in U.S. EV sales, with record numbers achieved just before federal incentives ended. Discover how the market is shifting and what it means for the future of electric vehicles!
As the $7,500 federal tax credit for electric vehicles nears its end, sales have surged. But what does the future hold for EVs? Analysts predict a significant downturn as automakers shift focus back to gas-powered cars.
Hyundai's CEO José Muñoz sheds light on the recent immigration raid, clarifying that it specifically targeted LG Energy Solutions, leading to the arrest of hundreds of South Koreans.
