Industry Voices
Biden Administration Considers Easing EV Tax Credit Rules Amid Foreign Material Composition Concerns
The Biden Administration is set to unveil criteria for disqualifying EVs from subsidy, possibly related to foreign material concerns. Reports suggest discussions about temporarily easing restrictions on EVs using Chinese battery components to aid automakers.
By Dabbie Davis
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GM shuffles top managers, including high-ranking women
General Motors Co (GM.N) reassigned four senior executives, including two high-ranking women, and announced the departure of another on Thursday.
Opel to build new SUV, invest 500 million euros in engine production
General Motors (GM.N) Chief Executive Mary Barra on Thursday said that the Opel brand will build a sports utility vehicle at its factory in Ruesselsheim, Germany, and that the European auto maker will invest 500 million euros ($626 million) in engine production.
Takata, Honda sued over death linked to faulty air bag
Takata Corp and Honda Motor Co were hit Monday with a lawsuit over an air bag linked to the death last month of a woman in Florida, the latest legal issue for the companies as they continue to recall millions of vehicles for the faulty part.
By JESSICA DYE
Ford: Mustang driver injured by air bag fragment in North Carolina crash
Ford Motor Co F.N. said on Sunday night it was cooperating with U.S. safety regulators investigating a report the driver of a 2007 Ford Mustang was injured in August by a metal fragment from the car’s air bag.
By PAUL LIENERT
U.S. data points to strong spending ahead of holiday shopping frenzy
U.S. retailers reported strong sales in October, a sign American consumers were spending with more gusto and could help keep the economy growing at a brisk pace.
By JASON LANGE
VW paves way for UAW representation at U.S. plant
Volkswagen AG's U.S. division said Wednesday it has agreed to steps that could allow for union representation at its plant in Chattanooga, Tennessee, where the United Auto Workers has unsuccessfully tried to organize workers.
