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Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by the Houthi militia.
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Ford, which once had a lead on other established automakers, said on Monday that it will use new materials and methods to lower the costs of electric vehicles.
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But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
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Lyten will acquire German and Swedish factories built by Northvolt, which declared bankruptcy in March.
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President Trump and Republicans in Congress are eliminating federal incentives to buy electric vehicles, but carmakers need to keep selling and investing in them.
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Lawyers for the family of a woman struck and killed by a Tesla sedan in 2019 argued that the company’s Autopilot software should have avoided the crash.
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Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year.
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The company estimated that duties on imported cars and car parts would cost it $2 billion this year.
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The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it lowered its forecasts for the full year.
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Subsidies, hydroelectricity and a manufacturing powerhouse neighbor are moving the cars into Nepal faster than almost anywhere else.
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President Trump’s 15 percent tariff on cars from Japan has angered U.S. automakers, which make cars in Canada and Mexico subject to 25 percent tariffs.
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As a longtime Washington Post reporter and an author of 10 books, he held corporate America accountable for safe pharmaceuticals and cars.
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Elon Musk has said robotaxis are the company’s future, but most revenue still comes from cars.
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The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
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The prices of used electric cars have fallen sharply in recent months, making them a more attractive option.