Can US automakers compete with Chinese EVs while focusing on gas guzzlers?

Detroit wants to make money on big, gasoline-powered cars today while also keeping up with Chinese EV competitors.

EU to relent on combustion engines ban after auto industry pressure

STRASBOURG, Dec 16 (Reuters) - The European Commission is set to backtrack on the EU’s ban on new combustion-engine cars from ...

Ford shifts EV strategy, takes $19.5B write-down and drops current Lightning production

The company will record the majority of the special charges in the fourth quarter of 2025 and out to 2027. At the same time, ...

Stellantis Says Hybrids Are Their New U.S. Priority

Stellantis took a whipping saleswise in 2024 and is making a U-turn for their attempted comeback - and their bets are on ...

EU yields to pressure from automakers as it rethinks 2035 combustion car ban

BRUSSELS/LONDON/STOCKHOLM, Dec 15 (Reuters) - The European Commission is expected on Tuesday to reverse the EU’s effective ban on sales of new combustion-engine cars from 2035, bowing to intense ...