Tag Archives: iab-automotive industry

[ad_1] CNN  —  Climate change is sending the world hurtling towards a series of catastrophic tipping points, which risk setting off feedback loops that lock the world into irreversible climate change. That’s the bad news. The good news, however, is that there is also a series of “positive tipping points,” …

[ad_1] CNN  —  Prices for used cars have been high in recent years as inventory has been hampered by computer chip shortages and other pandemic-related woes. Luckily, for those who are currently shopping for a vehicle, many automakers are reporting they have more of the parts they need and are …

[ad_1] CNN  —  As President Joe Biden scored several legislative wins this year, voters across the country headed to the polls in November to decide on local measures. The passage of several of those measures will lead to new state laws this year. And Americans in 2023 will also feel …

[ad_1] CNN  —  As the new year begins, a number of popular electric vehicles, specifically some Tesla and General Motors models, could be eligible for $7,500 worth of tax credits they weren’t eligible for in 2022. But that eligibility may last only last a few months. That’s because limitations on …

[ad_1] Hong Kong CNN  —  China’s economy is under severe strain as a wave of Covid cases sweeps across the country. Since the world’s second largest economy drastically eased its Covid restrictions earlier this month, there has been no clear data on the extent of the virus’ spread on the …

[ad_1] New York CNN  —  A popular misconception has emerged about Elon Musk and Tesla: The megabillionaire’s love affair with Twitter is the main reason Tesla shares have lost so much value this year. But Tesla’s steep stock selloff this week proved that the problems at Musk’s car company go …

[ad_1] CNN  —  The US Department of Energy’s Loan Programs Office will announce Monday that it is issuing a $2.5 billion loan to help start three lithium battery manufacturing hubs in Ohio, Tennessee and Michigan. The DOE loan programs office will loan the money to Ultium Cells LLC, a joint …

[ad_1] New York CNN  —  Stellantis is shuttering its Illinois plant in February resulting in indefinite layoffs for 1,350 employees, the company said in a statement, citing increasing costs in the electric vehicle market. “Our industry has been adversely affected by a multitude of factors like the ongoing Covid-19 pandemic …

[ad_1] New York CNN  —  Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published reports and a bearish analyst’s call that slashes its share-price target to $1. In mid-afternoon trading, Carvana, best known for its auto vending machine concept, stands at about …