WASHINGTON (AP) — It’s a scenario that terrifies America’s auto industry. Chinese carmakers set up shop in Mexico to exploit North American trade rules. Once in place, they send ultra-low-priced electric vehicles streaming into the United States. As the Chinese EVs go on sale across the country, America’s homegrown EVs — costing an average of […]
By David Shepardson WASHINGTON (Reuters) -A group representing major automakers asked the National Highway Traffic Safety Administration to reconsider the rule issued in April requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems. The Alliance for Automotive Innovation, representing General Motors, Toyota Motor, Volkswagen and nearly all other […]
Electric vehicle sales are surging in Southeast Asia, led by China’s BYD (BYDDF) and Vietnam’s VinFast (VFS), eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday. EV sales in the region more than doubled in the January to March quarter from a year before, according […]
By Devjyot Ghoshal BANGKOK (Reuters) – Electric vehicle sales are surging in Southeast Asia, led by China’s BYD and Vietnam’s VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday. EV sales in the region more than doubled in the January to March quarter from […]
By Joe Cash and Zoey Zhang BEIJING (Reuters) – Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels’ curbs on Chinese EV exports, the state-backed Global Times newspaper said on Wednesday. In a closed-door meeting on Tuesday also attended by European car companies, China’s auto industry “called […]
By Nora Eckert DETROIT (Reuters) – Legacy U.S. automakers such as Ford Motor and General Motors should leave the China market to preserve capital amid the costly electric vehicle (EV) transition, a leading auto analyst said on Tuesday. “I think you have to see the [Detroit Three] exit China as soon as they possibly can,” […]
BEIJING (AP) — The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports, just days after the EU said it plans to impose provisional tariffs on China-made electric vehicles. The Commerce Ministry didn’t mention the EV tariffs when it announced Monday that it […]
By Nick Carey LONDON (Reuters) – The European Commission’s decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war would hurt not only their business in China but also their own imports of Chinese-made cars. Germany’s automakers in particular have a lot to lose in […]
By Nick Carey LONDON (Reuters) – The European Commission’s decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war would hurt not only their business in China but also their own imports of Chinese-made cars. Germany’s automakers in particular have a lot to lose in […]
STORY: Chinese automakers aren’t turning away from Europe. That’s according to a leading auto group on Tuesday. The China Passenger Car Association – or CPCA – said the country’s vehicle makers will “unswervingly develop” in Europe, adding they will integrate into local markets. It made the comments despite the EU launching an anti-subsidy investigation into […]
Only one of the Detroit Three automakers can claim it has a 2024 Top Safety Pick award for its full-size SUV from the Insurance Institute for Highway Safety: Stellantis, which makes Chrysler, Dodge, Jeep, Ram and Fiat brands. On Thursday, IIHS released the results of testing it did on the three most popular large SUVs […]
TOKYO (Reuters) -Toyota Motor said on Monday its chairman would speak about an investigation it has conducted into its vehicle certification applications after being prompted by Japan’s transport ministry. Chairman Akio Toyoda will hold a press conference at 0800 GMT on Monday, the company said. The transport ministry said separately it will conduct an on-site […]