Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a EU plan to ban the sale of new gasoline and diesel-powered vehicles in 2035 by five years.
GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.
Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.
The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.
The 2022 Working Relations Index shows Toyota in first place, with Honda rapidly closing in.
The deal expands the company’s presence in Centralia, creating a hub for automotive sales with Chevrolet, Stellantis, and the first FORD franchise for Jim Butler Auto Group.
Ford/Lincoln and Honda/Acura joined ten other automakers this year in fulfilling a voluntary commitment to equip nearly all the light vehicles they produce for the U.S. market with automatic emergency braking.
Since Farley took control of the automaker last October, Ford’s stock has roughly tripled.
Following the news that automaker Ford announced to shut down both its vehicle manufacturing factories in India, GlobalData offers an update.
2021 Hyundai Santa Fe EV tops the list.
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