Tag: Auto industry
Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers
WASHINGTON -- It's a scenario that terrifies America's auto industry.Chinese carmakers set up shop in Mexico to exploit North American trade rules. Once...
Vietnam's VinFast looks to tiny EV, priced at less than $10,000, to change its fortunes
HANOI, Vietnam -- Vietnamese automaker VinFast, for a short time the third-most valuable car company in the world, has a big problem: It...
Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership
TOKYO -- Toyota shareholders voted Tuesday in support of all the company's proposals, including keeping Akio Toyoda, grandson of the Japanese automaker’s founder,...
Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal
TOKYO -- Toyota’s chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against...
Stellantis CEO cites failures in US operations, ready to compete head-on with Chinese EVs
MILAN -- MILAN (AP) — Stellantis CEO Carlos Tavares expressed dissatisfaction at the operation of some U.S. plants on Thursday, and took responsibility...