Farley had spent years telling staff and investors that catching up to Tesla and China’s leading EV makers amounted to an existential struggle.
Read More Ford’s EV retreat highlights industry dilemma: Build for the US or the world?
Tag: Renault
Honda, Nissan move to deepen ties, sources say, including possible merger
Honda and Nissan are in talks to deepen ties, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.
Read More Honda, Nissan move to deepen ties, sources say, including possible merger
Industry pain abounds as electric car demand hits slowdown
A near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts.
Read More Industry pain abounds as electric car demand hits slowdown