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GM’s archrival, Ford, is coming off a good sales year too. But all has not been well for the Dearborn, Mich.-based automaker. The company had to scale back its profit outlook for 2024 due to ...
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Here’s what you all think next year will hold for some of the most critical dynamics in this industry. Note: Many answers have been edited for clarity and/or brevity. The deals section will ...
Wall Street’s 2025 U.S. economic outlook. Below is a sampling of what Wall Street is saying about the economy in 2025. Nora Carol Photography via Getty Images. BofA (Dec. 2): "We expect stable ...
In 2003, the Center for Automotive Research (CAR) was established as an independent non-profit research organization. CAR creates economic and systems modeling research, develops new manufacturing methodologies, forecasts industry futures, advises on public policy, and conducts industry conferences and forums. The institute is sometimes quoted ...
An automotive assembly line at Opel Manufacturing Poland in 2015 SEAT, Škoda, and Volkswagen cars being transported by train in Kutná Hora, Czech Republic in 2014. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles.
WASHINGTON (Reuters) - U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure growth was likely to fall short of 2024's pace.
It offers a complete exemption from purchase tax for electric vehicles bought in 2024 and 2025, resulting in potential savings of up to RMB 30,000 (US$4,170) per vehicle. From 2026 to 2027, the exemption will be halved and capped at RMB 15,000 (US$2,078). This initiative aims to stimulate automotive industry growth amidst sluggish auto sales.