Tesla Inc. says it will shut down production at its California assembly plant for a week this month to prepare for production of its high-volume Model 3 sedan, moving the company closer to meeting its target to start production in July.
There’s a thought going around that electric cars and the like will become so commonplace, so quickly, that it will cause another crash in the oil price.
The robot on an oil drillship in the Gulf of Mexico made it easier for Mark Rodgers to do his job stringing together heavy, dirty pipes. It could also be a reason he’s not working there today.
General Motors and Honda made a big move to make hydrogen cars a reality last week.
Oil prices rose on Friday after the United States imposed sanctions on some Iranian individuals and entities, days after the White House rebuked Tehran for a ballistic missile test.
Next time the leaders of General Motors, Ford and Fiat Chrysler meet President Donald Trump, they should add an item to his agenda to promote American automaking and jobs: Retain the high fuel economy standards the industry and Obama administration agreed to in 2012.
It’s hard not to take a look at the Chevy Bolt and ask: why on Earth would anyone buy the Spark EV over this? And GM feels the same way, apparently.
Analysts are raising their oil price forecasts for the first time in five months, even as they continue to see a plethora of risks for this market.
General Motors Co will cut 625 jobs at its auto assembly plant in Ingersoll, Ontario, by the end of July as it moves some production work to Mexico, the president of Canada’s largest auto workers union said on Friday.
Prices of paper credits used to meet U.S. biofuels standards dropped to over one-year lows on Wednesday, extending the previous day’s slide on news of a government freeze that heightened uncertainty over the program.
