The United States is testing powers to protect workers under the trade deal replacing NAFTA and asked Mexico on Wednesday to probe alleged abuses at a General Motors Co factory, a move that may put tariffs on some of the firm's profitable pickups.
The Biden administration on Wednesday asked Mexico to examine alleged labor rights violations at a General Motors pickup truck factory in Mexico, a move that could lead to tariffs on some of GM's most profitable vehicles under the new U.S.-Mexico-Canada Agreement (USMCA) on trade.
Toyota Motor Corp reported on Wednesday its fourth-quarter operating profit jumped 92%, as it shrugged off chip-supply issues and as its sales recovered from the impact of the coronavirus pandemic.
The Federal Communications Commission (FCC) on Tuesday said it was seeking comments on the impact the continuing global shortage of semiconductors is having on the U.S. communications sector.
U.S. President Joe Biden plans to visit a Ford Motor electric vehicle manufacturing facility in Michigan next week as he makes a push for a $174 billion government boost for electric vehicles and charging stations.
U.S. President Joe Biden plans to visit a Ford Motor electric vehicle manufacturing facility in Michigan next week as he makes a push for a $174 billion government boost for electric vehicles and charging stations.
As a believer in the vast potential for investors in the electric vehicle (EV) sector, I've watched, and even participated in, some of the frenzy over the last year. These investments are in the speculative section of my portfolio -- meaning some could go to zero. And some, like
The Robinhood investing app democratized investing for millions by doing away with fees and giving away free stocks. Its ease of use on mobile devices made it an instant hit with connected millennials and new investors. Although some more seasoned investors may smirk about Robinh
Some of the world's biggest chip buyers, including Apple Inc, Microsoft Corp and Alphabet Inc's Google, are joining top chip-makers such as Intel Corp to create a new lobbying group to press for government chip manufacturing subsidies.
U.S. Commerce Secretary Gina Raimondo plans to hold a May 20 meeting with senior U.S. auto industry leaders and others on a semiconductor shortage that has cut production, two sources briefed on the matter said.
U.S. Commerce Secretary Gina Raimondo plans to hold a May 20 meeting with senior U.S. auto industry leaders and other industry officials on a semiconductor shortage that has cut production, two sources briefed on the matter said.
What happenedShares of XL Fleet (NYSE: XL) dipped 24.3% in April, according to data from S&P Global Market Intelligence. The vehicle electrification company had some good news to announce in the month, but volatility in the overall electric vehicle (EV) space weighed on its s
What happenedShares of electric car titan Tesla (NASDAQ: TSLA) had tumbled 4.1% by noon EDT on Monday on a bevy of news reports that were at least tangentially related to the stock.
Ford Motor Company (NYSE: F) said that its upcoming electric pickup truck will take a name from its past -- "F-150 Lightning" -- and that it will be fully revealed at a live-streamed event on May 19.Ford's much-anticipated electric F-150 is expected to go head-to-head with electr
Shares of Workhorse Group Inc slumped 9% on Monday, after the electric truck maker reported quarterly revenue that was about a fifth of what Wall Street expected, prompting the company to slash its annual production target by nearly half.
(RTTNews) - Ford Motor Company (F) Monday issued a safety recall for select 2016-19 Ford Explorer vehicles for roof rail covers. The Michigan-based global company noted that the roof rail covers might get detached from the vehicle while driving and create a hazard for others on t
Volkswagen (OTCMKTS: VWAGY) is scheduled to report its fiscal Q1 2021 results on Thursday, May 6. We expect VWAGY to beat the consensus estimates for revenues and earnings. In the past year, the automobile sector suffered due to the pandemic as countries across the world put in