Automakers

US automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs), as Congress prepares for final votes today on a bill that includes a top-to-bottom overhaul of Washington's clean vehicle policies. Under the $430 billion climate, health care and tax bill that the House of Representatives is set to vote on Friday, rules governing the current $7,500 EV tax credit aimed at persuading consumers to buy the vehicles would be replaced by incentives…

VW recently began assembling the ID.4 in the US A group representing General Motors, Toyota Motor, Volkswagen and other major automakers said a US$430 billion bill approved Sunday by the US senate would put achieving US electric-vehicle adoption targets for 2030 in jeopardy. “Unfortunately, the EV tax credit requirements will make most vehicles immediately ineligible for the incentive,” the Alliance for…

New Delhi: Improvement in the semiconductor shortage issue helped automakers as companies including -- Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra, reported single to high double-digit growth in their domestic passenger vehicles sales in July. Other manufacturers, Kia India, Toyota Kirloskar Motor (TKM), Honda Cars India, Skoda Auto India, also reported robust growth in their domestic passenger vehicle sales with the auto industry estimated to have achieved the highest-ever passenger vehicle…

Electric vehicle batteries are in short supply, and costs for materials such as nickel and cobalt are surging. Yet legacy automaker Ford Motor says it plans to be profitably building millions of EVs a year in just four years.This week, the Detroit automaker gave investors a little more clarity about how it plans to reach that goal and transform its business built on gas-guzzling cars.As electric vehicles account for a growing share of the global car market, Ford in March announced it would reorganize its business and…

Battles unfolding on several continents over who profits from connected cars, smarthomes, and robotic surgery may dwarf the size and scope of the tech industry's first worldwide patent war, the one over smartphones.Automakers are now in court fighting some of the same companies that phonemakers such as Apple had to pay billions of dollars for use of their wireless standards technology. Those companies, Qualcomm, Nokia, and other telecommunications developers, may reap 5G royalties not only from “talking cars” but from…

In their first rollouts of electric vehicles, America's automakers targeted people who value short-range economy cars. Then came EVs for luxury buyers and drivers of pickups and delivery vans. Now, the companies are zeroing in on the heart of the US auto market: the compact SUV. In their drive to have EVs dominate vehicle sales in coming years, the automakers are promoting their new models as having the range, price and features to rival their gas-powered competitors. Some are so far proving quite popular. Ford's…

The 2024 Chevrolet SS EV is shown in Warren, Mich., Tuesday, July 12, 2022. Credit: AP Photo/Paul Sancya In their first rollouts of electric vehicles, America's automakers targeted people who value short-range economy cars. Then came EVs for luxury buyers and drivers of pickups and delivery vans. Now,…

First half domestic sales in Brazil fell 23.2% short of the same period 2021 and were a clear indication 2022 would not see any remarkable recovery. A second quarter recovery proved insufficient to compensate and did no more than mitigate losses early in the year. “The global semiconductor crisis keeps marching on, more than we expected,” said national automakers association (Anfavea) president Marcio Leite. “New…

The UK's development finance institution, British International Investment (BII), will invest up to Rs 1,925 crore in Mahindra & Mahindra's electric SUV business as the automaker embarks on strengthening its presence in the fast-growing electric vehicle market. Mahindra & Mahindra will also invest up to Rs 1,925 crore in its new subsidiary, and it expects that electric SUVs will account for 20-30 per cent of its total SUV volumes by 2027, which translates into two lakh cars per year, the company said on Friday.…

Amidst the Union Government’s call for safer cars and making 6 airbags and Bharat NCAP safety rating tests mandatory for new cars, a few manufacturers voiced their opinions. Nitin Gadkari, Minister of Road Transport and Highways, called out the double standards of some car manufacturers who were not offering the safety features in cars in India like the ones provided in the same model of the vehicles meant for exports to other countries. “We have taken a decision for mandatory provision of six airbags in cars, even in…