Apple’s EV wind down offers reprieve to Tesla, Detroit rivals

(BLOOMBERG)

DW

By:

David Welch

G

By:

Gabrielle Coppola

B

By:

Bloomberg

|

February 27, 2024 11:13 PM

The sudden demise of Apple Inc.’s electric vehicle program is a bleak sign for the car market. It’s also a welcome boon for automakers.

Featured Stories

Pre-tariff stampede delivers double-digit retail gains in March

Pre-tariff stampede delivers double-digit retail gains in March

How rankings changed in top 150 dealership groups list and other highlights

How rankings changed in top 150 dealership groups list and other highlights

Here’s our list of the 2025 Top 150 dealership groups

Here’s our list of the 2025 Top 150 dealership groups

How Michigan manufacturing could benefit from auto tariffs

How Michigan manufacturing could benefit from auto tariffs

Latest News

Stellantis agrees 350 job cuts in southern Italy with unions

How Michigan manufacturing could benefit from auto tariffs

Technician shortage also a problem for classic car industry

HONDA-ACURA: Hybrids, crossovers continue to drive Honda sales; Acura gets Q1 bump from ZDX

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Vancouver auto show boss on Tesla’s removal and whether it’s welcome back

GM’s ‘woefully underutilized’ CAMI plant ideal spot for joint GM-Hyundai vans, analyst says

Trump tariffs will force Europe’s automakers to rethink strategy, ACEA says

Porsche, Mercedes face $3.7B hit from U.S. auto levies

Staying current is easy with newsletters delivered straight to your inbox.