EV transition slows as inventory grows and industry hits hurdles
But there is a disconnect: EV fluctuations today won’t determine long-term trends, analysts say.
Toyota's global sales, output climb to record
Toyota is on track for another year of strong gains thanks to robust demand and improving supply conditions.
UAW strike trims $795M from Stellantis profits while revenue increases
Higher volumes, stable pricing and improving logistics helped Stellantis reduce the damage of the UAW’s campaign of strikes in the U.S.
UAW's next target? Tesla and Elon Musk look enticing to the union
Several major automakers, such as Toyota and Volkswagen, have auto plants in the U.S. that employ non-union workers, but there’s one particularly enticing target for the UAW: Tesla.
Tesla shares slip as production cut by battery supplier Panasonic fans EV demand fears
Panasonic said its production suffered from slowing uptake for high-end EVs in North America, echoing Tesla CEO Elon Musk’s comments from earlier this month that higher-for-longer borrowing costs would take a toll on vehicle demand.