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How Volkswagen stalled in China

BEIJING -- In late December 2019, managers at Volkswagen's headquarters in Wolfsburg, Germany, realized they might have a serious problem in China, the automaker's biggest market and ticket to its electric future. VW's flagship sedan in…

U.S. Senate confirms Homendy to head NTSB

WASHINGTON -- The U.S. Senate on Monday confirmed Jennifer Homendy by voice vote to chair the National Transportation Safety Board, the independent federal agency charged with investigating all civil aviation and other transportation…

New York auto show may finally go on next April

Maybe the fifth time will be the charm for the New York auto show. Organizers now hope to hold the show next April, which would be a full three years after the last one. Rising cases of COVID-19 and increased restrictions in New York City…

Another strain on automakers: Meeting fleet demand

While not all fleet contracts are negotiated in the third quarter, many have traditionally been done at this time of year because it is mutually beneficial for automakers and large fleet operators, Betts said."The people buying fleet cars…

Chinese tariffs could spur more U.S. manufacturing

TRAVERSE CITY, Mich. — Rising political tensions with China mean that tariffs originally imposed by the Trump administration will likely stick around for the foreseeable future. "I don't see the Biden administration removing tariffs on…

Honda swings to operating profit on COVID rebound

"Honda has brand name, good residual value, high market share. Why isn’t it making more profit?" Takaki Nakanishi, an analyst at Nakanishi Research Institute, said prior to Wednesday's results. "It's all about inefficiencies." GM tie-up…