Automundo China

WASHINGTON (Reuters) -Global auto executives are sounding the alarm on an impending shortage of rare-earth magnets from China – used in everything from windshield-wiper motors to anti-lock braking sensors – that could force the closure of car factories within weeks. In a previously unreported May 9 letter to Trump administration officials, the head of the trade group representing General Motors, Toyota, Volkswagen, Hyundai and other major automakers raised urgent concerns. "Without reliable access to these elements and magnets, automotive suppliers will be unable to produce critical automotive components, including automatic transmissions, throttle bodies, alternators, various motors, sensors, seat belts, speakers, lights, motors, power steering, and cameras," the Alliance for Automotive Innovation wrote the Trump administration.

Toyota's partnership with BYD on the China-exclusive bZ5 electric crossover demonstrates Toyota's strategic effort to understand BYD's cost-effective EV production, offering a competitively priced vehicle that could potentially succeed in the US.

Musk's work leading DOGE, President Donald Trump's initiative to slash federal agencies and their resources, is coming to a formal end.

Which models and brands celebrated success in China’s booming electric vehicle (EV) market? What is the latest tariff update?

The collaboration of BYD and Huawei introduces the autonomous vehicle, marking a first for BYD. With past criticism on self-driving cars, many are shocked.

The Japanese carmaker’s road as a standalone company may soon run out

Zscaler and Ulta Beauty are earnings movers. The stock market has had a strong May.

China's electric vehicle (EV) industry is demonstrating its own form of houshi as years of groundwork translate into rapid overseas expansion and growing global recognition.