Transitioning to electric vehicles has proven costly for U.S. automakers, even those with operations in China. General Motors issued a warning to shareholders on Wednesday, signaling how painful and tricky the transition could become given geopolitical tensions and competition between the world's two largest economies. The U.S. automaker said it would record two non-cash
Hino Motors, Toyota’s vehicle subsidiary, consented to pay $1.6 billion to resolve with united state companies and beg guilty to going beyond diesel motor discharges requirements for automobiles it marketed in the united state from 2010 to 2022. The Japanese vehicle and engine manufacturer revealed a take care of the united state federal government