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Soaring material and parts costs offset benefits gained from a plunging Japanese yen and production rebound.
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Hyundai Motor Co. will focus on luxury models, SUVs and electric vehicles (EVs) to achieve record-high earnings in 2022.
Read More →The steps Ford is taking now to cut costs and boost revenue could pay off in big dividends in the future.
Read More →Federal agencies would have purchased more EVs had it not been for supply chain hurdles, the White House reported.
Read More →Automakers will spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, EV batteries and raw materials.
Read More →BMW Board Chair Olive Zipse says the move will put vehicle ownership out of reach for many people, and could be politically dangerous.
Read More →The grants will fund projects designed to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production.
Read More →He’s accused of lying to investors about electric truck maker’s progress and capabilities.
Read More →Carmaker has best quarter of year despite overall industry problems.
Read More →The automaker is recalling the vehicles to tighten a loose fastener that could impact a drivers’ ability to steer.
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