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Automotive: Page 12

Tesla Loses EV Crown to BYD After Second Annual Sales Drop
Investors have paid little mind of late to Tesla’s decline in the global EV pecking order, with Musk prioritizing artificial intelligence, autonomous vehicles and humanoid robots.
A Tesla store in Colma, California. Photographer: David Paul Morris/Bloomberg
Russia Dodges Sanctions to Import Michelin Tires
Records indicate that a significant number are continuing to get through, despite Michelin’s attempts to cut off the trade by monitoring the diversion of their products.
Image: iStock/traffic_analyzer
China Takes Record Share of Europe’s EV Market in November
Mainland automakers have largely absorbed the extra fees that the EU imposed on Chinese-made EVs in late 2024.
BYD electric vehicles at a showroom in Berlin. Photographer: Liesa Johannssen/Bloomberg
Tesla’s Cybertruck Battery Supplier Contract Slashed to Almost Zero
The announcement comes as Tesla’s demand for the battery cells has experienced a “catastrophic drop."
Photo: iStock/benedek
Tariffs and Deportations – Will They Revive U.S. Manufacturing?
According to multiple academic and think tank studies, neither will bring dramatic improvements, and they may instead harm the economy.
Photo: iStock/SilverV
Tesla Faces U.S. Probe Over Model 3 Emergency Door Handles
A monthslong Bloomberg investigation also uncovered a series of incidents in which people were severely injured or died after becoming trapped in their Teslas.
A worker unloads a Tesla Model 3 at a logistics drop zone in Seattle. Photographer: M. Scott Brauer/Bloomberg
VW to Halt Exports of EV Bus to U.S. in 2026
VW's ID.Buzz bus had more than 200 days worth of available vehicles for sale in the U.S. as of the end of November, compared to the auto industry average of around 54 days for all vehicles.
VW'S ID.Buzz EV bus. Photo: iStock/jetcityimage
Japan’s Exports to U.S. Rise for First Time Since Trump’s Tariffs
The gains in U.S. exports also helped outweigh a fall in the value of merchandise heading to China.
A container ship at the Oi Container Terminal in Tokyo. Photographer: Akio Kon/Bloomberg
EU to Abandon Combustion Engine Ban in Win for Carmakers
Under the new proposal, the European Commission will lower the requirements that would have halted sales of new gasoline and diesel-fueled cars starting in 2035.
The Ford factory in Saarlouis, Germany. Photo: Krisztian Bocsi/Bloomberg
VW to Shut Down Production at German Plant
VW's 24-year-old Dresden, Germany, plant is scheduled to cease production on December 16, and will soon be converted into a technology research hub.
A Volkswagen plant in Mosel, Germany. Photo: iStock / aquatarkus
Ford Backs off All-EV Large Vehicles
The company predicted a $19.5 billion hit to profits as a result of the strategic shift.
Photo: iStock/RoschetzkyIstockPhoto
EU Seeks to Remake Supply Chains Away from Dependence on China
The European Commission unveiled The ReSourceEU program, which seeks to de-risk and diversify the bloc’s supply chains.
Photo: iStock.com/Alexandros Michailidis
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