Auto companies are finding that it’s easier to adopt the trappings of the digital economy than to push through the changes necessary to become full-blown members.
An iPhone assembler, e-commerce emporium and real-estate developer typically don’t compete in the same business — except when it comes to electric vehicles in China.
Deliveries to rental-car companies and other non-retail buyers accounted for more than a third of total sales last month for Ford Motor Co. and Nissan Motor Co.
Electric vehicles will comprise more than half of all new car sales in 2040, research suggests. To meet the power demand, about $50bn of investment in charging equipment is needed through 2030.
The U.S. auto industry is escalating a lobbying push to keep President Trump from imposing steep new tariffs on imported cars and parts that executives warn could cripple a sector already facing a slowdown.
For more than two years, the clock ran down toward March 29, the day Prime Minister May pledged Britain would leave the European Union. As the drama rolls on, the costs mount from the Brexit day that wasn’t.