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auto industry
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, 2024
BY
Don Ma
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, 2024
BY
Don Ma
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, 2024
BY
Tom Ozimek
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Some believe that the governor repealed Michigan's opportunity to compete with the 26 states.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, 2024
BY
Mark Gilman
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, 2023
BY
Steven Kovac
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, 2023
BY
Doug Lett
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, 2023
BY
Catherine Yang
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, 2022
BY
Greg Isaacson
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, 2022
BY
Don Ma
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, 2022
BY
Jessica Mao
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, 2022
BY
Naveen Athrappully
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, 2022
BY
Benzinga
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, 2022
BY
Reuters
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, 2021
BY
Kathleen Li
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, 2021
BY
Christopher Burroughs
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, 2021
BY
The Canadian Press
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, 2021
BY
Reuters
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, 2021
BY
The Center Square
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, 2020
BY
Tom Ozimek
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, 2020
BY
Fan Yu
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, 2019
BY
Reuters
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, 2019
BY
Reuters
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, 2019
BY
Fan Yu
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, 2019
BY
Reuters
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, 2016
BY
Fan Yu
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, 2015
BY
The Associated Press
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, 2015
BY
Emel Akan
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
1hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
2hr
By
Jacki Thrapp
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
3hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
4hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
6hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
6hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
7hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
11hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
12hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
18hr
By
Melanie Sun