An eight-day Mecum auction in July in Indianapolis — previously postponed by the pandemic — notched record sales of $74 million. That figure included a highest-ever price of $3.85 million […]
Automobiles
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Back to news homeThe Auto Industry Bets Its Future on Batteries
“Today’s batteries are not competitive,” said Jagdeep Singh, chief executive of QuantumScape, which is based in San Jose, Calif. “Batteries have enormous potential and are critical for a renewable energy […]
Breaking the Garage’s Glass Ceiling
Graduating in 2012, Ms. Holler became a full-time mechanic for Subaru Motorsports USA. Between events, she helped build a rally car for Bucky Lasek, a top racer. She was also […]
How a High-Ranking Nissan Executive Escaped His Own Trap
The matter weighed on him. In 2010, Mr. Kelly instructed Mr. Nada to begin the first of a series of secret plans intended to increase Mr. Ghosn’s benefits and compensation, […]
G.M. Wants to Make Electric Cars. China Dominates the Market.
SHANGHAI — The business of making cars has reached a critical juncture — and it looks as if China is in the driver’s seat.General Motors’ surprise announcement on Thursday that […]
G.M. Announcement Shakes Up U.S. Automakers’ Transition to Electric Cars
And China’s decision late last year to require that most vehicles sold there be electric by 2035 is also critical because G.M. sells more cars in that country through its […]
G.M. Will Sell Only Zero-Emission Vehicles by 2035
G.M.’s move appears to follow a pattern by Ms. Barra of responding quickly to changes in the White House. It was Ms. Barra who, in the early days of the […]
Is Rivian the Next Tesla? Investors Bet Big on Electric Truck Maker
Another big trend reshaping the auto industry is autonomous cars. On Tuesday, Cruise, a unit of G.M. that is working in that area, announced it had raised $2 billion from […]
Tesla Might Finally Have Some Competition. From Ford.
The Mustang Mach-E and the Volkswagen ID.4, which is due in dealerships in March, go about 250 miles on a full charge — about the same as the cheapest version […]
Lack of Tiny Parts Disrupts Auto Factories Worldwide
The semiconductor shortage came out of left field, hitting the industry at a perilous moment. Sales have plunged worldwide. In Europe, for example, they were down 25 percent in 2020.This […]