Nora Eckert
Trump’s transition team aims to kill Biden EV tax credit
Trump's team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation.
Stellantis to lay off 1,100 workers at Ohio Jeep plant
The automaker recently shook up its senior management in an attempt to turn around its slipping sales in the region.
Ford investors impatient for the automaker to rev up efficiency efforts
Ford stock dropped 8% this week as quality and cost issues raise concerns over CEO Farley’s efficiency plans and lagging EV goals.
Automaker Ford weakens profit outlook, shares fall
Ford Motor expects to meet only the lower end of its profit guidance, forecasting $10 billion in earnings, as shares drop five per...
US lawmakers pressure automaker Stellantis on investment commitments
The union and the Jeep-maker have been in a bitter battle after Stellantis said it would delay a planned investment to reopen an...
US automakers urged to innovate despite tariffs on Chinese rivals
U.S. auto leaders warn against complacency as Chinese rivals outpace in EV tech, despite short-term tariff relief.
US working ‘as fast as we can’ to finalize EV conversion grants: official
The U.S. Energy Department is quickly finalizing $1.7B in grants to help GM and Stellantis convert plants for EV production.
GM sounds upbeat on profit after Q3 results exceed estimates
GM's Q3 results benefit from lean inventories and a steady demand for gasoline-engine truck and SUV, sending its shares up about 7.6 per...
GM, Ford brace for investor scrutiny over pricing power, EV losses
GM and Ford face investor doubts as they report Q3 results amid challenges in gas car pricing power and EV losses.
GM seeks to ease investor concerns as EV growth slows
GM aims to reassure investors that profits from ICE vehicles remain strong and EV sales are improving, despite slower demand.
