auto industry
Coverage of auto industry in the Nexus archive.
- A 'perfect storm' points to a much smaller U.S. auto market by 2040
The auto industry is experiencing a decline in car sales, with a forecaster predicting a fundamental change leading to a significantly smaller U.S. auto market by 2040.
- Chinese EVs may hit U.S. within a few years, one way or another
Chinese electric vehicles are likely to enter the U.S. market within years, despite tariffs, strict laws, and opposition from the auto industry and politicians.
- The world's carmakers are struggling to compete with China
Global carmakers are facing challenges competing with China's electric vehicle (EV) industry, which is dominating the ecosystems shaping the global auto sector. The BBC observed this trend during visits to China's EV factories, highlighting the country's growing influence in the industry.
- Car payments squeeze Americans as auto debt hits $1.68 trillion, report finds
Auto debt has reached $1.68 trillion due to costlier vehicles, higher interest rates, and lengthier loan terms, affecting Americans' financial stability. The increase in auto debt is a result of changing market conditions. Americans are facing financial difficulties as a result.
- Thai-Cambodia border clash fallout hits Japan auto industry
A border clash between Thailand and Cambodia has disrupted the Japan auto industry, causing supply chain issues. The fallout highlights vulnerabilities in regional trade dependencies.