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Ford to cut 4,000 jobs in Europe, cites disruptive shift to electric vehicles, economic headwinds

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FRANKFURT, Germany (AP) — Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K....
Bussiness

Elon Musk bet big on Trump — and won. Will it pay off for Tesla?

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Tesla (TSLA) CEO Elon Musk’s embrace of President-elect Donald Trump is paying off for Tesla shareholders today. But the question...
Bussiness

What to know about Europe’s tariffs on Chinese electric vehicles

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FRANKFURT, Germany (AP) — The European Union has finalized its sharply higher customs duties on electric vehicles imported from China....
Bussiness

What to know about Europe’s tariffs on Chinese electric vehicles

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FRANKFURT, Germany (AP) — The European Union has finalized its sharply higher customs duties on electric vehicles imported from China....
Bussiness

The EU will impose duties on electric vehicle imports from China by Thursday

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BRUSSELS (AP) — The European Union is set to impose duties on imports of electric vehicles from China by Thursday...
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Slovak government and South Korea’s Hyundai Mobis sign a deal to build an electric car parts plant

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BRATISLAVA, Slovakia (AP) — The Slovak government and Hyundai Mobis on Tuesday signed a memorandum of understanding on the South Korean company’s plan to...
Bussiness

Commentary: Where the 2024 election is a fight over cars

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This year’s election isn’t only about who the next president will be. It could also determine the type of car you drive home the...
Bussiness

MG Cyberster brings open-top fun to electric cars at last

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The wide range of EV models has been gradually growing, although today, most new electric cars are still SUVs.But, until now, one format has...
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House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales

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WASHINGTON (AP) — The GOP-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans say...
Bussiness

As Volkswagen weighs its first closure of a German auto plant, workers aren’t the only ones worried

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FRANKFURT, Germany (AP) — Volkswagen is considering closing some factories in its home country for the first time in the German automaker's 87-year history,...
Bussiness

Volvo Cars scales back electric vehicle ambition

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STOCKHOLM (Reuters) - Swedish automaker Volvo Cars said on Wednesday it had abandoned is ambition of selling only fully electric cars in 2030, and...
Bussiness

Analysis-From peace-maker to taboo-breaker, VW boss Blume takes on the unions

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By Victoria Waldersee, Ilona Wissenbach and Christoph SteitzBERLIN/FRANKFURT (Reuters) - Volkswagen boss Oliver Blume, already battling slowing demand for electric cars and Chinese rivals,...

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