11 stories found
Economist Mary Lovely has dismissed claims that increased domestic car production by automakers proves the effectiveness of tariffs, discussing the impact of AI and China on the US auto industry.
Slate Auto, an electric vehicle startup supported by Jeff Bezos, is launching a $25,000 EV, posing a potential challenge to the US auto industry.
The U.S. auto industry, once a global leader, is now grappling with a $3.3 trillion trade deficit with the rest of the world, a situation described as 'not acceptable.'
Howard Lutnick has shut down discussions regarding any potential Chinese investment in the United States automotive industry.
The U.S. auto industry is actively working to eliminate Chinese-made hardware from connected cars, driven by a federal initiative to address security concerns.
The U.S. auto industry is confronting increased uncertainty as the potential non-extension of the USMCA trade deal looms, particularly concerning the agreement's rules of origin.
President Trump declared that the Middle East ceasefire, specifically with Iran, is "on massive life support," indicating its imminent collapse. This statement has heightened regional tensions and contributed to a rise in oil prices.
Ford’s CEO discussed with the president a framework for the arrival of these carmakers, which would involve the creation of joint ventures
Despite Chinese carmakers gaining global market share with high-quality, cheaper vehicles, the US auto industry remains reluctant to adopt "reverse tech transfer" from China, a shift from decades of Western companies sharing technology for market access.
Donald Trump has announced a new plan to boost arms production by involving the American automotive industry in manufacturing missiles for the military.
The founder and CEO of electric-truck manufacturer Rivian received a compensation package totaling $403 million, significantly surpassing the pay of other leading American auto executives.