US Auto Industry

US Auto Industry

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan, US September 16, 2021. Photo: REUTERS/Rebecca Cook/File Photo

Ford's EV retreat highlights industry dilemma: Build for the US or the world?

Shortly after, his company announced it would kill several of those battery-powered models and take a $19.5 billion writedown on EV-related assets

Cars are seen parked at the port in Bayonne, New Jersey, US, August 21, 2021. Photo: REUTERS/Andrew Kelly/File Photo

Trump auto tariffs are coming, but not all levies will be imposed April 2, sending stocks higher

A Chinese flag hanging in front of the PricewaterhouseCooper Center in Shanghai last monthPhotographer: Qilai Shen/Bloomberg

How cutting China investment could damage US interests

FILE PHOTO: A woman wearing protective coverings speaks on the phone, amid the outbreak of the coronavirus disease (Covid-19), in Detroit, Michigan, US, May 6, 2020. REUTERS/Emily Elconin

US auto industry workers return to jobs amid concerns of second virus wave