Biden set to hit China EVs with tariffs, report says
Automotive News
by
3h ago
The tariff rate on electric vehicles is expected to quadruple from roughly 25 percent to 100 percent, The Wall Street Journal reported Friday, citing people familiar with the plans ..read more
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Chemicals used to meet NHTSA flammability standard might be carcinogenic, study finds
Automotive News
by George Weykamp
5h ago
Potentially carcinogenic chemicals used to meet auto safety regulators' flammability standards were present in essentially all vehicles tested in a study from the Green Science Policy Institute and Duke University ..read more
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Struggling Our Next Energy taps consultant to help battery maker raise funds
Automotive News
by Kurt Nagl
5h ago
Electric vehicle battery startup Our Next Energy Inc. hired a Chicago-based financial consultant specializing in distressed businesses in its quest to rebound from a failed Series C fundraising round. The suburban Detroit battery manufacturer recently tapped Birch Lake Partners, a merchant bank known for its work with struggling startups, two sources with knowledge of the matter told Crain’s Detroit Business, an affiliate of Automotive News. The bank was brought on as a financial adviser but not an investor, one of the sources said. Our Next Energy told Crain’s in a statement that its fundrais ..read more
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Cost of new UAW contract could backfire on some at Stellantis
Automotive News
by Vince Bond Jr.
6h ago
The UAW has been outraged over multiple rounds of layoffs since ratifying a new contract with Stellantis that the workers thought would improve their lives ..read more
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Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM's fleet strategy
Automotive News
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8h ago
A quick look at the top automotive stories of the week as determined by reader interest ..read more
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Protesters attempt to storm Tesla German plant, clash with police
Automotive News
by
8h ago
A video showed dozens of people wearing blue caps and face-covering masks coming from a nearby wooded area and attempting to storm the company's premises with policemen trying to prevent them ..read more
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CarGurus reports net income jump, more digital wholesale losses
Automotive News
by Mark Hollmer
9h ago
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing ..read more
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Carvana says price gap between used EVs and ICE cars narrows
Automotive News
by Riley Hodder
10h ago
Online auto retailer Carvana says its average used-EV sale price fell to $31,000 in the first quarter ..read more
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Mazda dealership milestone represents new era for the brand
Automotive News
by Carly Schaffner
10h ago
The Retail Evolution facility program is a critical part in its goal to move upmarket ..read more
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China's vehicle exports hit record high in April as domestic sales fall
Automotive News
by QIAOYI LI , BRENDA GOH
11h ago
Facing trade threats in Europe, Chinese automakers have been actively exploring South America, Australia and ASEAN markets for exports ..read more
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