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Automakers slashing EV prices after government subsidies fail to prop up the industry

March 15, 2023 -

Falling demand has forced automakers to slash prices and recoup losses. The auto industry can afford to take losses for now because they have enjoyed copious government subsidies over the past year. How far will government go to ram expensive batteries down our throats?No serious demand for electric vehicles, even with government subsidies pushing them onto the global population

Rystad Energy research shows that only 672,000 units were sold in January, which is ...

Automakers cut programs and reassess future plans for EV production as consumer demand plummets

13 days ago - automakers build because the focus should be on "how many EVs consumers want to buy and drive."

Since 1980, consumers have chosen gas and diesel-powered vehicles over electric cars because of factors like inadequate charging stations, range anxiety and a higher up-front cost compared to an internal combustion engine.

In the upper Midwest, Illinois leads the race to register EVs with nearly 80,000, while Minnesota has 41,417 and Michigan has 34,380.

Michigan ...

Automakers are abandoning plans to mass-produce EVs: People are finally seeing reality, says Toyota chairman

a month ago -

In recent months, automaker giants Ford Motor Company and Toyota Motor Corporation have been issuing warnings about a sudden slowdown in consumer demand for EVs.

Compared to their Western counterparts, Japan's car manufacturing executives have been "more vocal" in pointing out the real challenges faced by EVs in the near term. Speaking in his capacity as head of the Japan Automobile Manufacturer's Association, Toyota Chairman Akio Toyoda said: "People are finally seeing reality....

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Automakers track and store your location as you drive

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Automakers track and store your location as you drive

January 12, 2014 - naturalnews.com printable article

Automakers track and store your location as you drive

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Automakers track and store your location as you drive

January 12, 2014 - Automakers track and store your location as you drive

Sunday, January 12, 2014 by: J. D. HeyesTags: location tracking, automakers, data privacy

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Automakers, Bush administration push flex-fuel cars while ignoring electric vehicles

May 22, 2007 - naturalnews.com printable article

Automakers, Bush administration push flex-fuel cars while ignoring electric vehicles

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Automakers, Bush administration push flex-fuel cars while ignoring electric vehicles

May 22, 2007 - Automakers, Bush administration push flex-fuel cars while ignoring electric vehicles

Tuesday, May 22, 2007 by: David Gutierrez, staff writerTags: flex fuel, ethanol, health news

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Nobody is buying electric cars, but automakers continue to manufacture them in accordance with “green” agenda

July 14, 2023 - automakers do not report their EV sales separately like Ford does, but chances are that most, if not all, of them are losing money hand over fist just the same.

Take GM, for instance. The company says it plans to sell one million EVs per year by 2025, even though it sold just 40,000 EVs in 2022.

Rather than acknowledge the fact that almost nobody wants to buy an EV because they are trash compared to gas-powered vehicles, the left is instead blaming car dealers ...

Ford expected to announce HUGE losses in EV sales … other automakers are bound to follow suit

March 22, 2023 -

But the other major automakers who built their brands on the internal combustion engine and who have flocked to the EV market that was created by government policy, not through demand, are about to learn another hard business lesson: Left-wing 'woke' ideology is no way to succeed.

And the first is Ford Motor Co.

"Ford is about to tell investors what they’ve long wondered: How much is the transition to electric vehicles costing?" according to a report by CNBC this ...

United Auto Workers union goes on strike against Big Three automakers – another sign that Bidenomics is a costly failure

September 18, 2023 -

For the first time in the history of the UAW, the approximately 146,000 members of the union are striking simultaneously against the Big Three auto companies in the United States – General Motors, Ford Motor Company and Stellantis, owner of luxury car brands like Chrysler, Dodge, Jeep and Ram. (Related: THIS DOESN'T ADD UP: Joe Biden gives auto companies BILLIONS in taxpayer dollars while auto worker wages are getting CUT IN HALF.)

For now, the strikes are limited ...

Ford lowers prices of F-150 Lightning electric trucks by up to $10,000 as EV sales falter

July 21, 2023 - automakers are bound to follow suit.

Test finds EV Ford F-150 Lightning has "abysmally bad" towing ability.

Ford halts production of F-150, Bronco Sport and other vehicles due to semiconductor shortage.

Sources include:

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UAW launches strike at Ford’s “highly profitable” Kentucky Truck Plant

2 months ago - automakers. The companies insist that the messages and the union's actions prove that UAW negotiators never wanted to finalize a deal with the Detroit automakers.

In a statement, Fain said the union has been transparent and patient, yet "Ford has not gotten the message." Fain added that workers deserve "a fair contract at Ford and the rest of the Big Three."

If Ford and the rest fail to understand that after four weeks, "the 8,700 workers shutting down ...

Member of Biden’s “green team” admits EVs are NOT sustainable

October 01, 2023 - automakers have already invested billions in electrification, the proposed regulations create a dilemma: How can automakers continue to manufacture gasoline-powered vehicles, which provide profits, while investing more in new electric facilities?

The aggressive timeline targeted by the government means the carmakers could also have a hard time sourcing the materials required for vehicle batteries, which are already difficult to obtain.

Market demand ...

United Auto Workers president expands strike to lucrative Ford Kentucky plant following company’s refusal to negotiate

2 months ago -

The UAW is currently engaged in a strike against the Big Three automakers in the United States – Ford Motor Company, General Motors and Stellantis – over fair pay and benefits. (Related: United Auto Workers union goes on strike against Big Three automakers – another sign that Bidenomics is a costly failure.)

Following a breakdown in recent negotiations with Ford, UAW President Shawn Fain publicly announced the addition of Ford's Kentucky Truck Plant to ...

Ford Motor Company scales down EV investments at Michigan plant due to declining demand and inflation pressures

2 days ago - automakers are bound to follow suit.

Ford lowers prices of F-150 Lightning electric trucks by up to $10,000 as EV sales falter.

Automakers cut programs and reassess future plans for EV production as consumer demand plummets.

Sources include:

TheEpochTimes.com

CNBC.com

Brighteon.com

This site is part of the Natural News Network © 2022 All Rights Reserved. Privacy | Terms All content posted on this site is commentary or opinion and is protected ...

United Auto Workers end strike after reaching tentative agreements with Ford, Stellantis, General Motors

a month ago - automakers caved to the union's demands.

If the UAW rank-and-file votes to approve of the tentative agreements, they immediately receive an 11 percent pay increase as part of the promised 25 percent hike over four-and-a-half years.

Perhaps just as important, the UAW was also able to enshrine into the union contracts with the Big Three a right to strike whenever Ford, Stellantis or General Motors decides to close a plant in the United States. UAW officials consider ...

THIS DOESN’T ADD UP: Joe Biden gives auto companies BILLIONS in taxpayer dollars while auto worker wages are getting CUT IN HALF

July 13, 2023 -

Biden has long touted himself as a proponent of replacing the millions of cars on America's roads with electric vehicles. In his Inflation Reduction Act, automakers that produce EVs and the batteries needed to power them could soon see a windfall of over $220 billion by 2031 in the form of taxpayer-funded subsidies. (Related: Biden's EV program is alienating allies in the United Auto Workers, who fear the push will lead to fewer well-paying union jobs.)

These massive ...

Pew poll finds 59% of Americans OPPOSE Biden admin’s plan to phaseout gas-powered cars in favor of EVs

July 05, 2023 - automakers that would dramatically reduce the number of gasoline-powered cars and trucks automakers could sell. Several state governments have also pushed laws to force the adoption of EVs, with California and New York taking the lead. Under these laws, all new vehicles sold in these states must be zero-emissions by the year 2035. (Related: GREEN GOES STUPID: California to ban sale of gasoline-powered cars by 2035.)Less than half of respondents view Biden admin ...

Auto dealers urge Biden to step on the brakes for ELECTRIC CAR mandates, citing decline in demand

7 days ago - automakers to offer fewer and fewer gas-burning vehicles comes as the Biden administration has struggled to secure the massive federal investments in EV infrastructure that experts say is needed to make it viable for Americans on a wide scale," NBC News reported.

"Biden … called for $174 billion in federal spending to build a network for a half-million electric vehicle charging stations across the country, in a nod to one of the biggest impediments to EV adoption: Fear ...