Automobile
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Ford reported a 65 percent drop in Q1 profits
May 7, 2025Ford reported a 65 percent drop in first-quarter profits on Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty. The carmaker estimated a full-year net... -
Sales of Tesla cars in France plunged 59 percent in April
May 2, 2025Sales of Tesla cars in France plunged 59 percent in April, piling on more bad news for the electric vehicle company run by Elon Musk, the billionaire advisor to US President Donald Trump. French car body... -
Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035
Apr 29, 2025Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a... -
The first units of the electric trucks of Tesla to be on the production line by the end of 2025 at Nevada gigafactory campus
Apr 29, 2025Tesla in an update on Semi, said that the first units of the electric trucks will be on the production line by the end of 2025 at its Nevada gigafactory campus. Dan Priestley, who leads the... -
President Donald Trump to reduce the impact of his automotive tariffs
Apr 29, 2025President Donald Trump’s administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from... -
Toyota Motor to explore the possibility of investing in a potential buyout of key parts supplier Toyota Industries
Apr 28, 2025Toyota Motor said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries – a buyout that reportedly could cost $42 billion. “We are currently exploring various possibilities, including... -
Japan’s three biggest automakers Toyota, Nissan and Honda saw a spike in US sales last month
Apr 26, 2025Japan’s three biggest automakers Toyota, Nissan and Honda said on Thursday they all saw a spike in US sales last month, as consumers sought to dodge tariffs on vehicle imports. President Donald Trump imposed in early... -
Tesla electric car sales in the European Union plunged 45 percent in Q1 of 2025
Apr 26, 2025Tesla electric car sales in the European Union plunged 45 percent in the first quarter of 2025 as its boss Elon Musk drew criticism for his role in US President Donald Trump’s administration, according to figures... -
Shares in Toyota’s truck-making unit Hino Motors jumped on Tuesday
Apr 23, 2025Shares in Toyota’s truck-making unit Hino Motors jumped on Tuesday after a report said it was nearing a merger agreement with a Japanese subsidiary of Germany’s Daimler. Hino shares gained as much as 9.3 percent in... -
Tesla faces a proposed class action claiming it speeds up odometers on its electric vehicles so they fall out of warranty faster
Apr 18, 2025Tesla faces a proposed class action claiming it speeds up odometers on its electric vehicles so they fall out of warranty faster, saving Elon Musk’s company from having to pay for repairs. The plaintiff Nyree Hinton...
