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auto industry

  • Analysis: Is China Taking Over the Automotive Industry? | Business Matters (Sept. 10)
    Analysis: Is China Taking Over the Automotive Industry? | Business Matters (Sept. 10)
    China has become Mexico's leading car supplier, with exports totaling $4.6 billion in 2023, according to Mexico's Secretariat of Economy. Chinese automaker BYD has risen to become the seventh-largest automaker ...
    September 10, 2024BY Don Ma
  • US Employment Increased Less Than Expected in August | Business Matters (Sept. 6)
    US Employment Increased Less Than Expected in August | Business Matters (Sept. 6)
    The U.S. labor market added 142,000 jobs in August, less than expected. There was a drop in the ...
    September 6, 2024BY Don Ma
  • Trump Accuses Media of Distorting His Auto Industry ‘Bloodbath’ Remark
    Trump Accuses Media of Distorting His Auto Industry ‘Bloodbath’ Remark
    Former President Donald Trump has accused media outlets and their 'Democrat Partners' of distorting his auto industry 'bloodbath' ...
    March 18, 2024BY Tom Ozimek
  • Michigan Right-to-Work Law to End, Strengthening Unions in Controversial Move
    Michigan Right-to-Work Law to End, Strengthening Unions in Controversial Move
    Some believe that the governor repealed Michigan's opportunity to compete with the 26 states.
    February 2, 2024BY Mark Gilman
  • UAW Out to Win More Public Support for Strike Against Big Three Automakers
    UAW Out to Win More Public Support for Strike Against Big Three Automakers
    Union demands for raises and a restoration of cost-of-living adjustments—not presidential politics—were on the minds of striking UAW ...
    September 17, 2023BY Steven Kovac
  • Government EV Subsidies Surpass Output of Canada’s Auto Industry
    Government EV Subsidies Surpass Output of Canada’s Auto Industry
    Federal subsidies for electric vehicle manufacturers now total $32 billion, which is more than twice the annual output ...
    August 18, 2023BY Doug Lett
  • Trump Makes Appeal to Unions Emboldened Under Biden Administration
    Trump Makes Appeal to Unions Emboldened Under Biden Administration
    When former President Donald Trump released a campaign video outlining plans to boost the auto industry last Thursday, ...
    July 25, 2023BY Catherine Yang
  • Americans Still Face Used-Car Sticker Shock Despite Dip in Wholesale Prices
    Americans Still Face Used-Car Sticker Shock Despite Dip in Wholesale Prices
    Wholesale prices of used cars declined for the sixth straight month in November, after hitting record levels earlier ...
    December 8, 2022BY Greg Isaacson
  • Could New Iran Nuclear Deal Help China?; US Household Net Worth Suffers Record Drop | NTD Business
    Could New Iran Nuclear Deal Help China?; US Household Net Worth Suffers Record Drop | NTD Business
    U.S. household wealth falls by a record amount in the second quarter. What’s behind the drop? With the ...
    September 9, 2022BY Don Ma
  • South Korea’s Reliance on China for Auto Parts Leads to Calls for Supply Chain Diversification
    South Korea’s Reliance on China for Auto Parts Leads to Calls for Supply Chain Diversification
    South Korea’s auto industry has become increasingly dependent on China for parts, leading to calls for supply chain ...
    June 24, 2022BY Jessica Mao
  • Auto Industry Supply Chain Crisis Predicted To Be ‘Temporary’: Neuberger Berman
    Auto Industry Supply Chain Crisis Predicted To Be ‘Temporary’: Neuberger Berman
    The auto industry’s ongoing supply chain disruption caused by Russia’s invasion of Ukraine is not likely to be ...
    April 19, 2022BY Naveen Athrappully
  • 3 Ways Rising Gas Prices Are Impacting the Auto Industry
    3 Ways Rising Gas Prices Are Impacting the Auto Industry
    Chip shortages, supply chain disruptions and depleted inventory levels are just three of the headwinds auto stock investors ...
    April 7, 2022BY Benzinga
  • Amazon and Stellantis Partner to Deploy Smarter Cars, Cleaner Vans
    Amazon and Stellantis Partner to Deploy Smarter Cars, Cleaner Vans
    Amazon.com Inc and Stellantis NV said Wednesday they will collaborate to develop cars and trucks with Amazon software ...
    January 6, 2022BY Reuters
  • China Admits Its Over-Reliance on Semiconductor Imports Could Prove ‘Fatal’
    China Admits Its Over-Reliance on Semiconductor Imports Could Prove ‘Fatal’
    News Analysis A Chinese state-run media disclosed that China’s continued reliance on chip imports could be “fatal” to ...
    December 22, 2021BY Kathleen Li
  • Toyota Announces Plans for $1.3 Billion US Battery Plant, Expects to Employ 1,750 Workers
    Toyota Announces Plans for $1.3 Billion US Battery Plant, Expects to Employ 1,750 Workers
    Toyota announced on Oct. 18 that it will invest $3.4 billion in automotive batteries in the United States, ...
    October 18, 2021BY Christopher Burroughs
  • Canadian Auto Production Hit Especially Hard by Semiconductor Shortage
    Canadian Auto Production Hit Especially Hard by Semiconductor Shortage
    TORONTO—To be an autoworker in Canada this year has meant living with a fair bit of uncertainty. "There's ...
    October 12, 2021BY The Canadian Press
  • Auto Industry Wonders Whether Ford-Sk Battery Plants Will Sport the Union Label
    Auto Industry Wonders Whether Ford-Sk Battery Plants Will Sport the Union Label
    News Analysis The plan for Ford Motor Co. and Korean battery partner SK Innovation to build three battery ...
    October 1, 2021BY Reuters
  • Semiconductor Shortages to Cost Auto Industry $210 Billion in Revenue This Year
    Semiconductor Shortages to Cost Auto Industry $210 Billion in Revenue This Year
    The U.S. auto industry is expected to lose $210 billion in revenue this year, according to the latest ...
    September 28, 2021BY The Center Square
  • Car Sales Pick Up In May, Hinting at Tentative Recovery for Europe’s Automakers
    Car Sales Pick Up In May, Hinting at Tentative Recovery for Europe’s Automakers
    Europe's automotive sector, a key pillar of the continent's economic and social well-being, is showing some signs of ...
    June 1, 2020BY Tom Ozimek
  • Pandemic Shows Pitfalls of Auto Industry’s Reliance on China Market
    Pandemic Shows Pitfalls of Auto Industry’s Reliance on China Market
    Commentary The global auto industry is currently mired in a crisis worse than the 2008 financial crisis. J.D. ...
    May 10, 2020BY Fan Yu
  • BMW Plans to Cut Costs After Warning on Profits
    BMW Plans to Cut Costs After Warning on Profits
    MUNICH—BMW expects group pretax profit to fall by more than 10 percent this year and plans a sweeping ...
    March 20, 2019BY Reuters
  • Hot-Rolled Mess: China’s Steelmakers Hit the Skids as Car Sales Slow
    Hot-Rolled Mess: China’s Steelmakers Hit the Skids as Car Sales Slow
    BEIJING—China's steel mills may have taken a wrong turn by adding millions of tons of new high-end capacity ...
    February 27, 2019BY Reuters
  • China’s Auto Market Stuck in Reverse
    China’s Auto Market Stuck in Reverse
    News Analysis China, the world’s largest automotive market, experienced its first annual decline in auto sales in more ...
    January 13, 2019BY Fan Yu
  • China’s Geely Sees Sales Growth Evaporating as Car Market Struggles
    China’s Geely Sees Sales Growth Evaporating as Car Market Struggles
    BEIJING—China's most globally high-profile and successful carmaker, Geely, is forecasting flat sales this year, a sharp slowdown from ...
    January 7, 2019BY Reuters
  • Volvo Gamble Pays Dividends for China’s Geely
    Volvo Gamble Pays Dividends for China’s Geely
    Geely's 2010 acquisition of Sweden's Volvo Cars is paying huge dividends for the little-known Chinese automaker.
    March 6, 2016BY Fan Yu
  • US Auto Sales Hit 14-Year High in November
    US Auto Sales Hit 14-Year High in November
    November used to be a slow month for U.S. car sales. Not anymore.
    December 1, 2015BY The Associated Press
  • Thailand Aims to Boost Foreign Investment
    Thailand Aims to Boost Foreign Investment
    When we think of Thailand we often think of its world-renowned cuisine, its breathtaking natural landscapes, and its ...
    November 16, 2015BY Emel Akan
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