Canada’s climate plan includes EV sales mandate, increased rebates
Prime Minister Justin Trudeau’s government will mandate the sales of EVs and wants a 42 percent reduction in emissions from the oil and gas sector as part of Canada’s plan...
U.S. to unveil revised stricter fuel economy regulations on Friday
WASHINGTON -- President Joe Biden's administration on Friday plans to unveil tougher fuel economy standards for vehicles that would reverse his predecessor Donald Trump's rollback of U.S. regulations aimed at...
Volvo’s new boss says the company needs to get smarter about software
Under Samuelsson, 71, and the ownership of Zhejiang Geely Holding Group, Volvo transformed from a Ford Motor cast-off to one of the automakers at the forefront of the shift to...
NHTSA plans to review if Pony.ai complied with crash reporting order
WASHINGTON -- The National Highway Traffic Safety Administration said it will review whether startup technology firm Pony.ai complied with government reporting requirements for driverless crashes. Earlier this month, Pony.ai agreed...
Tight supplies, cloudy outlook to dent March, Q1 sales
New-car and -light-truck inventories, undermined by production cuts in the wake of the microchip crunch, fell below 900,000 vehicles in March, LMC Automotive and J.D. Power said, and have been stuck...
VW shareholder says Ukraine could affect Porsche IPO timing
Top Volkswagen shareholder Porsche SE supports plans to list luxury sportscar maker Porsche AG but the conflict in Ukraine could affect the proposed IPO's timing, the holding company said on...
Senate passes $52 billion bill to boost U.S. microchip manufacturing
The bills take different approaches to addressing U.S. competitiveness with China on a wide range of issues, as well on trade and some climate provisions. Senate Commerce Committee chair Maria...
Ford adds Rattler off-road package to 2023 F-150
Ford Motor Co. is adding a new package on the 2023 F-150 pickup for budget-conscious buyers who still want some off-road punch. Starting this fall, the automaker will offer a...
Former GM executive indicted on federal bribery charge
A former General Motors manager was indicted with conspiracy to commit bribery after allegedly accepting $3.4 million from an international parts supplier. Hyoung Nam So, 46, who goes by Brian...
Executive resignations at EV charging firm Volta cause stock plunge
Shares of Volta Inc. plunged to all-time lows after the electric-vehicle charging company announced the abrupt departures of two of its top executives, both of them founders of the firm....