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Automakers

BMW, Volvo gains offset VW, Tesla declines in rough half for EV sales

BMW iX1 nose left grey Arc 2024
BMW passed VW in the first half to become Europe’s No. 2 seller of EVs in Europe. A big contributor to BMW’s 53% increase in EV sales during the half was the iX1. (BMW)
NG
By:
Nick Gibbs
August 06, 2024 04:00 AM

Demand for full-electric electric volume cars in Europe languished in the first half as automakers prepare to launch cheaper models ahead of tougher CO2 regulations next year.

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Stellantis
New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

VB
By:
Vince Bond Jr.
New Stellantis CEO Antonio Filosa faces series of hurdles
Manufacturing
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
BN
By:
Bloomberg News
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
China
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
RN
By:
Reuters News
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
Finance Insurance
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact
JH
By:
John Huetter
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

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