The automakers are hoping for a deal in June, a source told Reuters, while noting that it would rely on the companies pledging substantial investment in the U.S. to convince the administration.
Four former Volkswagen AG executives received prison sentences on Monday for orchestrating a decade-long emissions cheating scandal that cost the automaker over $30 billion in fines and accelerated the industry's shift toward electric vehicles.
While U.S. markets remained closed Monday for Memorial Day, European equities surged after President Donald Trump agreed to delay a planned 50% tariff on European Union imports, easing investor concerns and reviving risk appetite.
President Trump warns Apple of 25% tariff if they don't manufacture iPhones in the U.S. DOT expected to declare CAFE regulations exceeded legal authority. Apple poaches Google's AI chief but still behind in AI race. Meta's Instagram testing referral program.
Shares of Chinese electric vehicle battery giant Contemporary Amperex Technology Co. Ltd. (CATL) jumped 12.5% in their Hong Kong trading debut Tuesday after raising $4.6 billion in the world's largest listing this year.
After invented more than 100 years, the lead acid battery was developed by very mature technology and application with AGM, EFB etc as maintenance free and all sealed without fluid leakage. But the rapid change of lithium battery, esp. LiFePO4 recently makes the replacement in a fast track by car users and garage technicians due to below reasons:
Greensboro, NC – Since 1974, Foreign Accents has set the standard for import vehicle care in the Triad region, providing reliable and specialized automotive repairs for European and Asian cars. Known for its technical precision and customer-first service, the shop is recognized as a top-rated auto repair shop Greensboro .
Rivian shares have gained in recent sessions, trending after better-than-expected Q1 financial results. R2 progress, VW investment boost outlook; revised guidance and new bill create headwinds.
Genuine Parts Hub has launched an online platform providing genuine Volkswagen (VW) parts for enthusiasts and professionals alike. With a vast range of high-quality, OEM-approved parts, the platform ensures easy access to essential components for maintaining, repairing, and customizing Volkswagen vehicles.
