Author: Automotive News Breaking News Feed
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2020 Chevy Silverado HD diverges from smaller sibling
General Motors is further differentiating the 2020 Chevrolet Silverado HD from its smaller sibling. The redesigned HD pickup’s grille features a flow-through “CHEVROLET” similar to some models of the Silverado 1500.
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Trump may extend truce with China; adviser backtracks on auto tariff tweet
Donald Trump suggested Tuesday that he could extend a 90-day truce in his trade war with China, while his top White House economic adviser backtracked from the president’s announcement that Beijing had agreed to reduce tariffs on U.S.-made cars.
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GM Canada CEO says hiring to continue despite Oshawa plan, CBC reports
General Motors Canada CEO Travis Hester says the company will be hiring in Canada, despite the automaker’s plan to not allocate new product to its Oshawa Assembly Plant, according to the CBC.
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Lithium, cobalt costs hinder battery-powered car sales, HSBC says
“High lithium and cobalt prices #8212; but also limited supply and lower demand for pure EVs #8212; now favor more plug-in hybrids in the short to medium term vs. our previous expectation,” analysts said.
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Big lithium riches await in Bolivia #8212; the challenge is extracting them
Bumpy dirt roads, thin air at high altitude, the ordeal of bringing labor into a blinding white salt flat #8212; all of this stands between anyone who dreams of retrieving Bolivia’s lithium and turning it into electric car batteries.
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White House seeks more German auto production in U.S.
The White House is looking to whittle down a $30 billion automotive trade deficit with Germany with increased production in the U.S., Commerce Secretary Wilbur Ross said ahead of a meeting with automakers in Washington.
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White House seeks more German auto production in U.S.
The Trump administration was expected to push senior executives of German automakers to expand their U.S. investments as the White House considers imposing new tariffs on European-made vehicles.
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GM moves to challenge Ford in U.S. commercial fleet sales
General Motors is intensifying its attack on Ford’s lead in sales to U.S. commercial fleets to prop up profit margins amid weakening consumer demand.
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Trump’s advisers attempt to explain deal on auto tariffs he says he cut with China
President Donald Trump left his top advisers scrambling on Monday to explain a trade deal he claimed he’d struck with China to reduce tariffs on U.S.
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White House wants to end EV subsidies, Trump aide says
President Donald Trump’s top economic adviser said the White House wants to end subsidies for electric vehicle purchases, without saying how it would eliminate the incentives that were created by Congress.