business
Automakers face a tougher 2027 as costs rise
Legacy automakers are warning of higher commodity, logistics and chip costs heading into 2027. Global production is forecast to be flat, and pricing power is reaching its limit.
#autos
business
Honda bets $3 billion on Ohio manufacturing
Honda will build a new assembly plant in Marysville, Ohio, creating 2,000 jobs and 240,000 vehicles of annual capacity. The investment follows tariff pressure and Honda's decision to scrap an $11 billion Canada EV plan.
business
Lucid misses Q3 estimates, taps Saudi fund for $1.75B
Lucid Group missed Wall Street expectations for third-quarter earnings and revenue, and expanded a loan from Saudi Arabia's Public Investment Fund. The EV maker's net loss narrowed from a year earlier.