Subscribe
Automakers

Detroit 3's EV growing pains temper big Q2 profits

building_evs-MAIN_i.jpg
The Ford Lightning electric pickup on the assembly line.
MM
By:
Michael Martinez
July 29, 2023 04:00 AM

Robust second-quarter earnings from the Detroit Three were tempered last week by the growing realization that their pivot to electric vehicles will be slower and costlier than anticipated.

Featured Stories

Trump tariffs erode U.S. auto trade reputation, upend global supply chain
Trump tariffs erode U.S. auto trade reputation, upend global supply chain
Nissan upping U.S. Rogue production 56% to skirt import tariffs
Nissan upping U.S. Rogue production 56% to skirt import tariffs
GM recalling some full-size pickups, SUVs for V-8 engine defect
GM recalling some full-size pickups, SUVs for V-8 engine defect
Agency eases some self-driving safety rules, sending Tesla stock soaring
Agency eases some self-driving safety rules, sending Tesla stock soaring

Latest News

Nissan upping U.S. Rogue production 56% to skirt import tariffs
Gentex halts China mirror sales as tariff chaos cuts revenue forecast
Agency eases some self-driving safety rules, sending Tesla stock soaring
Daily 5 report for April 25: Public gets a rare glimpse at the personal home of an automotive titan
Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

VW could launch extended-range EVs in Europe, executives say
Daily 5 report for April 23: China’s inescapable influence on the auto industry live from Shanghai
U.S. will aim for U.K. to cut its automotive tariff to 2.5% from 10%, report says
Peugeot 208 set to take March sales crown from Dacia Sandero; Tesla slump continues
Staying current is easy with newsletters delivered straight to your inbox.