China’s Spending on Green Energy Is Causing a Global Glut

Listen to article (1 minute) China’s newest solar-energy manufacturers include a dairy farmer and a toy maker. The new entrants are examples of a green-energy spending binge in China that is fueling the country’s rapid build-out of renewable energy while also creating a glut of solar components that is rippling through the industry and stymying … Read more

The Electric-Car Era Needs a Lot of Really Big Trees

Demand for utility poles is high due to infrastructure spending and grid upgrades.

Goldman Moves to Unload GM Credit Card

Updated Nov. 7, 2023 5:44 pm ET Goldman Sachs plans to begin a process to unload its General Motors credit card program in another step away from its failed foray into consumer lending. The bank on Tuesday informed a group of employees within its Platform Solutions division, who work on the GM card, that a … Read more

Tesla Raises Wages for German Workers Amid Union Pressure

BERLIN—Tesla is boosting factory worker pay in Germany amid an aggressive unionization drive, a move that comes as Chief Executive Elon Musk may face similar organizing attempts in the U.S. Tesla’s management in Germany late last week unveiled a package of wage increases for workers during Musk’s visit to the so-called Gigafactory on the outskirts … Read more

Nio to Cut Jobs, Investment in Face of Rising Competition

Chinese electric-vehicle maker Nio will reduce positions this month and cut or defer some investment, moves aimed at boosting the upstart company’s viability as it contends with widening losses and rising competition. Shanghai-based Nio will cut about 10% of positions, William Li, the company’s founder and chief executive wrote in an internal letter to staff … Read more

Toyota Recalls More Than 1.8 Million RAV4 SUVs Over Battery Fire Risk

Updated Nov. 2, 2023 10:29 am ET Toyota Motor is recalling more than 1.8 million RAV4 vehicles over a potential fire risk, the company said. Batteries in certain RAV4 cars from the model years 2013 to 2018 are too small which could cause them to shift during forceful turns and possibly catch fire, the carmaker … Read more

2024 Mazda3 Hatchback: A High-Octane Debate

THE NEXT TIME you put gas in your car, if you still do, take note of the filler flap, where some manufacturers specify the use of premium fuel. Considering the price difference between regular and premium—in my home state of North Carolina last week, 78 cents per gallon—that’s a pretty big ask.  The 2024 Mazda3 … Read more

GM, UAW Reach Tentative Labor Deal to End Strike

Updated Oct. 30, 2023 10:22 am ET General Motors became the last of the Detroit automakers to reach a new tentative labor deal with the United Auto Workers union Monday to end a strike that has spanned more than six weeks, according to people familiar with the talks. This latest accord follows tentative agreements struck … Read more

UAW Expands Strike With GM After Reaching Tentative Agreement With Stellantis

Updated Oct. 28, 2023 7:19 pm ET The United Auto Workers called a fresh strike at a General Motors factory in Tennessee, a surprise walkout after negotiators had been working nearly around the clock to finalize a new contract this weekend. Workers at GM’s factory in Spring Hill, Tenn., were ordered to go on strike … Read more

GM, UAW Move Closer to a Tentative Labor Contract

Updated Oct. 27, 2023 5:23 pm ET The United Auto Workers union is close to completing a tentative agreement on a new contract with General Motors, two days after the union clinched a tentative deal with Ford Motor. The two sides negotiated throughout Thursday night and into Friday morning, and reconvened in the early afternoon … Read more