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A team-up between the two companies could lead to a huge boost in production, but a decrease in demand for new cars is expected.
American manufacturers are eager to win Chinese customers.
Electric cars are drawing attention and Chinese automakers are to the fore.
The White House is backtracking slightly on President Trump’s recent threats to close the U.S.-Mexico border on security concerns. Today, Press Secretary Sarah Sanders said there’s no specific timeline and that it’s “not our first choice,” but she also said it may be the best decision. However, the economic consequences of closing the southern border […]
Some foreign automakers are abandoning their U.K. operations, resulting in job losses and further uncertainty.
General Motors this week announced plans to build a new heavy-duty Chevy Silverado pickup truck in Michigan as it cut 4,000 jobs.
As part of the ongoing renegotiation of the North American Free Trade Agreement, the United States and Mexico have tentatively agreed to new higher labor standards. One provision that has automakers’ attention requires 40-45 percent of a car be made by workers earning at least $16 per hour. The goal is to incentivize car companies […]
The big U.S. and foreign automakers release their July sales numbers Wednesday. Car and light-truck sales have been strong so far this year — with consumer confidence up, the job market good, and people banking a little more income from the recent tax cuts. How does the rest of the year look for automakers? Click […]
Daimler, BMW and Volkswagen are proposing to end tariffs on U.S.-imported cars.