Automobile manufacturing

The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021.Al Drago | Bloomberg | Getty ImagesFord Motor said Thursday its electric vehicle business lost $2.1…

Traffic and congestion have been worsening in American cities for decades.The average American driver lost 51 hours and  $869 in valued time by sitting in traffic in 2022, a 54% jump from the previous year, according to a report by INRIX, a…

Fotostorm | E+ | Getty ImagesFor a rising share of car owners, monthly auto loan payments appear to be evolving into a problem.While borrowers who are behind on their payments by more than 60 days represent a tiny portion of all outstanding…

Semitruck makers have seen record demand for trucks in recent months and have pivoted from managing extremely tight supply constraints to filling orders now that parts are starting to flow more freely."Demand for trucks is, I would say,…

UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan.Steve Fecht for ChevroletIn 2015, Marland "Lanny"…

The race to build electric vehicles in the U.S. is heating up as fresh rounds of investment come out of Washington. Workers at the former heart of the auto industry fear being left behind."When we look carefully at what goes on on the…

Newsday Llc | Newsday | Getty ImagesIn pre-pandemic years, Labor Day sales events offered generous discounts on new cars as dealerships aimed to clear out current-year models and start selling the next year's versions.These days? Not so…

An unknown automaker, VinFast, which was founded just a few years ago in Vietnam, is landing in the United States hoping to take on giants like Tesla.Its founder, Pham Nhat Vuong, made his first fortune in dried ramen noodles and has since…

A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K.Chris Ratcliffe | Bloomberg | Getty ImagesCar production in the U.K. slumped by 6.7% to just 859,575 units in 2021, new figures published by the Society of Motor Manufacturers…

Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say.With popular stocks such as Tesla and Nikola reaching exorbitant valuations, "we're trying to play around the edges," Laffer Tengler…