Ryan Beene

Tesla Inc. warned that provisions in President Donald Trump’s $3.4 trillion fiscal package will pose meaningful challenges for the EV maker in the next several months.

(Bloomberg) -- Tesla Inc. warned that provisions in President Donald Trumps $3.4 trillion fiscal package will pose meaningful challenges for the EV

President Donald Trump is betting that tariffs on imports of vehicles and automotive parts will bring more manufacturing to US shores.

(Bloomberg) -- President Donald Trump is betting that tariffs on imports of vehicles and automotive parts will bring more manufacturing to US

General Motors Co. plans to purchase electric-vehicle batteries from China to power its upcoming entry-level EV until it can procure US-made batteries through its partnership with South Korea’s LG Energy Solution.

General Motors Co. planea comprar baterías para vehículos eléctricos en China para alimentar su próximo modelo básico de EV hasta que pueda adquirir baterías fabricadas en Estados Unidos a través de su asociación con la surcoreana LG Energy Solution.

Temporary Move Cuts Costs Amid US Tariff Challenges GM will face tariffs on what it imports from CATL until it can source domestically produced LFP cells. (Angus Mordant/Bloomberg)

Union Pacific Corp.’s takeover of Norfolk Southern Corp. will create a stronger competitor to long-haul trucking and take about 2 million truckloads off US roads each year, the companies said as they pursue regulatory approval for the combination.

The United States Postal Service plans to raise prices on package shipments to offset the soaring cost of fuel, the Wall Street Journal reported.

(Bloomberg) -- Ford Motor Co. and Geely Automobile Holdings Ltd. previously held talks about bringing Chinese automotive technology to the US market