Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said.
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Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive.
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Toyota's reengineered 2025 Camry features an exclusive hybrid powertrain with fuel economy estimated at 53 mpg city, 50 mpg highway and 51 mpg combined.
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Bosch said cuts were necessary to make sure it remains competitive in an environment where most of its big peers, including Continental and ZF, have all announced job cuts.
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The Charlotte, N.C., event space is the latest effort by Ford to create unique experiences such as the Bronco Off-Roadeo, Mustang Dark Horse Track Attack and Ranger Raptor Assault School.
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Tesla has announced it will slash its global headcount by more than 10 percent as the automaker struggles with slowing demand for electric vehicles.
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Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand.
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Cars could someday look out for their drivers, warning of road hazards, suggesting available dinner reservations and playing favorite songs — think safety net, personal assistant and entertainer all in one.
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The automaker paid MacLean-Fogg Component Solutions of Illinois to keep pinions and gears flowing to a pair of plants in Kokomo, Ind.
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With Level 3 automated technology reaching public roads, auto and safety experts weighed the benefits and ‘persistent challenges' of such systems Tuesday at the SAE WCX conference in Detroit.
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