Tag: Automobiles

The German Auto Industry, a Pillar of the National Psyche, Is Trembling

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The centerpiece of Mercedes-Benz’s 140th birthday party in January was a patent application filed in 1886 by an engineer named Carl Benz for a “vehicle with gas engine.” The way Mercedes executives spoke of the handwritten document, which at one point was projected on a large wall on the company campus in Stuttgart, Germany, it might have been a sacred parchment. It not only certifies that Germany is the birthplace of the automobile but also helps explain why the woes of the country’s automakers — Volkswagen, Mercedes and BMW —…

How Volkswagen’s Troubles Were Made in China

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Volkswagen has problems around the world, spurring it to announce on Thursday that it would slash the number of models it offers by as much as half, but many of its troubles can be traced to China. The German auto giant, the world’s second-largest carmaker after Toyota, led the pack in China, the world’s largest car market, for four decades. For many years, the company’s joint ventures and factories in China provided half or more of the company’s worldwide profits, which helped Volkswagen afford high salaries and generous benefits for…

China’s Spending Slowdown Deepens as Households Tighten Their Belts

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China’s consumer spending slowdown deepened in May as retail sales unexpectedly fell from a year earlier, in the latest sign that the country’s housing market crash has left millions of families reluctant to spend. Retail sales dropped 0.6 percent in May from the same month a year earlier, the National Bureau of Statistics said on Tuesday. It was the first year-over-year decline since December 2022, when a wave of coronavirus infections swept the country and kept consumers at home after Beijing abruptly dismantled its stringent “Covid zero” restrictions. Last month’s…

Europe Is Edging Closer to a Trade War With China. Here’s Why.

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Kaja Kallas, the top European Union diplomat, recently suggested that ending the continent’s dependence on China was like trying to cure a disease. “Chemotherapy” might be needed, she said, and it was likely to be painful. The comments were an example of the tone Europe is increasingly taking on China, the second-largest goods trading partner for the 27-nation European Union, after the United States. As Beijing adopts more aggressive trade policies and as imports from China into Europe soar, European leaders and companies are fretting over their reliance on Chinese…

$140,000 E.V.s and Heritage Gold: The Rise of China’s Homegrown Luxury Market

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After years of driving a Mercedes-Benz and a BMW, Li Maozai made a choice that surprised even himself: He bought a Chinese luxury car. Mr. Li, a partner at a law firm in the southern Chinese city of Nanchang, chose the Maextro S800, an 18-foot sedan built by Huawei and JAC Motors, for its sleek lines, elegant design and high-tech features that his German cars couldn’t match. At $140,000, it wasn’t cheap, but it was much less expensive than European luxury vehicles. “This car changed our old belief that only…

Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year

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Last year Ford Motor suspended production of an electric pickup truck, shut down a battery factory in Kentucky and booked a $20 billion loss to account for its diminished plans. Then, last month, the senior executive who oversaw development of this new technology left the company. But Ford executives insist that those setbacks do not mean that the company has given up on electric vehicles. As evidence, they point to a former warehouse here in Long Beach, Calif. There, a team lead by Alan Clarke, a Tesla veteran, is building…

The Rising Chinese Automaker Not Named BYD

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Each April, the world’s top auto executives and engineers fly to China’s main auto show to take stock of BYD, the electric car powerhouse that passed Tesla in global sales last year. But at the Auto China event now happening in Beijing, another name is commanding attention: Zhejiang Geely Holding Group. In an unexpected development, Geely beat BYD in sales in the first two months of the year and is rapidly broadening its lineup. Geely is now pushing overseas, more than doubling exports to Europe, the Middle East and elsewhere…

China’s Clean Energy Push is Powering Flying Taxis, Food Delivery Drones and Bullet Trains

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By The New York Times Dec. 17, 2025 Battery-swapping robots for carsLunch from the skyVery rapid transitTaxis that drive themselvesRobot trucks don’t need windowsSubways get a makeover NYT

There’s a Race to Power the Future. China Is Pulling Away.

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ChinaSolar in Shanxi Province Gilles Sabrié for The New York Times U.S.Oil in California J. Emilio Flores for The New York Times Lithium-ion batteries China$65 bil.United States$3 bil.Asia$21 bil.Europe$26 bil.Africa$2 bil.Americas$17 bil.Oceania$1 bil. Solar panels and modules China$40 bil.United States$69 mil.Asia$11 bil.Europe$20 bil.Africa$2 bil.Americas$6 bil.Oceania$1 bil. Electric cars China$38 bil.United States$12 bil.Africa$281 mil.Oceania$3 bil.Europe$26 bil.Asia$14 bil.Americas$8 bil. Crude oil China$844 mil.United States$117 bil.Asia$50 bil.Americas$16 bil.Oceania$799 mil.Europe$52 bil.Africa$359 mil. Natural gas China$3 bil.United States$42 bil.Asia$13 bil.Europe$22 bil.Africa$3 mil.Americas$11 bil. Coal China$1 bil.United States$15 bil.Africa$718 mil.Americas$3 bil.Asia$8 bil.Europe$5 bil.Oceania$16 thou. ChinaElectric car…

Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford

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Sales of electric vehicles have been rising in recent years, partly because of a $7,500 tax credit from the federal government that helps lower the cost of buying one. But a budget bill that House Republicans released on Monday would end that tax credit. Their proposal would also put new restrictions on other tax breaks that have encouraged automakers to invest tens of billions of dollars in new battery plants in the United States. By next year, the bill would do away with the $7,500 tax credit for buyers of…