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As automakers report second quarter results, analysts say a market rebound may be on the way.
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Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a EU plan to ban the sale of new gasoline and diesel-powered vehicles in 2035 by five years.
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GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.
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Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.
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The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.
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The 2022 Working Relations Index shows Toyota in first place, with Honda rapidly closing in.
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The deal expands the company’s presence in Centralia, creating a hub for automotive sales with Chevrolet, Stellantis, and the first FORD franchise for Jim Butler Auto Group.
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Ford/Lincoln and Honda/Acura joined ten other automakers this year in fulfilling a voluntary commitment to equip nearly all the light vehicles they produce for the U.S. market with automatic emergency braking.
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Since Farley took control of the automaker last October, Ford’s stock has roughly tripled.
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Following the news that automaker Ford announced to shut down both its vehicle manufacturing factories in India, GlobalData offers an update.
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