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.

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.

The company predicted a $19.5 billion hit to profits as a result of the strategic shift.

The European Commission unveiled The ReSourceEU program, which seeks to de-risk and diversify the bloc’s supply chains.

China’s recent relaxation of export controls on rare earth metals shouldn’t cause anyone to get complacent about future access to that country’s extensive stores of critical minerals.

Ford will assume full ownership of the companies' two battery plants in Kentucky, while SK On will take over their yet-to-be-opened facility in Tennessee.

Mexico’s freshly approved range of tariffs on non-U.S. trading partners could be interpreted as a signal to the U.S. that it is sympathetic to Trump’s stance on trade.

OEMs are increasingly prioritizing a strategic shift to steel made here in the United States that uses higher levels of recycled content, and that leaves a verifiably lower carbon footprint.

Chinese electric carmakers have risen to substantial market share, even in Europe, as manufacturers such as BYD and Chery International have produced well-reviewed electric cars.

The language crackdown is part of a broader Trump administration campaign that’s upending the trucking industry, a critical pillar of the U.S. economy.