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The president said he would weaken Biden-era mileage standards, which were designed to increase electric-vehicle sales, calling them a “scam.”
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An ex-Marine and a 40-year company veteran, he turned a nearly bankrupt money loser into the world’s most profitable automaker.
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Weary of being captive to geopolitics, car companies are looking for ways to replace powerful rare-earth magnets in electric motors.
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Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
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In a world of GPS and car-hailing apps, some Londoners still want to drive a traditional black cab. First, they must memorize thousands of city streets.
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A third title? Why not? He’s confident that Aston Martin’s strategy will pay off.
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A tribally owned network of chargers will soon be complete, connecting reservations and bridging a gap in the Midwest.
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Toyota, Honda and Nissan forecast big hits to their profits from higher tariffs that they acknowledged were likely “here to stay.”
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A leading German automotive supplier said it was again allowed to ship semiconductors that Beijing had barred for export.
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Tesla shareholders approved a plan to grant Elon Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.
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Europe’s largest automaker said a shortage of semiconductors could further hurt productivity.
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The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.
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Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.
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An early grid battery was installed in the Atacama Desert in Chile 15 years ago. Now, as prices have tumbled, they are increasingly being used around the world.
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He is leaving the sport to jump into open-wheel racing, with an eye on Formula 1.