The Latest
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GlobalFoundries commits $16B to expand New York, Vermont facilities
The chipmaker said the move resulted from President Trump’s push to onshore U.S. manufacturing and expand the domestic semiconductor supply chain for companies like Apple and General Motors.
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Clarios plans $1B plant to shore up US critical mineral supply
The facility would recycle metalloid antimony to boost U.S. battery production.
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Toyota Motor North America names chief compliance officer
Dawn Pittman Collins will take over for Jacqueline Thomas who is retiring after more than two decades with the automaker.
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Ford names chief accounting officer
Kyle Crockett will succeed Mark Kosman who is moving into a new position within the automaker's finance division.
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Toyota recalls 443K Tundra pickups for reverse light failures
The truck’s light assemblies are susceptible to moisture intrusion caused by adhesive separation on a vent patch.
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Ford recalls over 1M vehicles for defective backup camera software
The automaker also recalled 160K vehicles in April to address rearview camera faults caused by a loose circuit board connector.
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C-stores trail restaurants in EV charging sessions, report says
Convenience retailers’ monthly charging sessions rose 21% from September 2023 to December 2024, yet saw nearly 100 fewer charges per month than restaurants.
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Consumers sustain interest in EVs but range anxiety still a concern
Vehicle shoppers remain worried about EV charging station availability but uncertainty about the cost of EVs has declined, according to J.D. Power.
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Assisted by increasing affordability, global EV adoption continues to rise
An International Energy Agency report predicts EVs will make up more than a quarter of all cars sold this year.
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Trump to increase steel, aluminum tariffs to 50%
The president announced the tariff hikes, which are set to begin Wednesday, while touting Nippon Steel’s proposed acquisition of U.S. Steel during a rally in Pittsburgh.
Updated June 2, 2025 -
Mercedes-Benz moving key corporate operations to metro Atlanta
The automaker will close a Michigan office and centralize most of its financial and technical teams in the southeastern U.S.
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Volvo Cars, Google expand partnership to deploy Gemini AI in vehicles
The automaker says the collaboration will help to “accelerate advancements in the connected car space for the entire automotive industry.”
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Congress votes to rescind California vehicle emissions waiver
Clean vehicle advocates say air quality and public health will suffer; auto and petroleum industry lobbyists supported the move to end California’s authority under the Clean Air Act.
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US court blocks Trump’s sweeping tariffs
Despite the ruling, tariffs on automobiles, auto parts, steel and aluminum products will remain in place.
Updated May 29, 2025 -
Volvo Cars slashing 3K jobs globally
The move is part of a $1.8 billion cost-cutting strategy and will eliminate roughly 15% of the automaker’s workforce.
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Retrived from Rivian
Rivian secures $1B infusion from VW after meeting Q2 profit goal
Volkswagen Group’s investment will help the EV maker continue production, even as the company works to mitigate the impact of tariffs.
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Stellantis names Antonio Filosa as global CEO
The parent of the Jeep, Dodge and Chrysler brands has picked a company veteran to lead its turnaround.
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GM to invest $888M in New York to produce next-gen V8 engine
The automaker will use the funds to install new machinery, equipment, tools and facility renovations at its Tonawanda Propulsion plant.
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College grads say they are confident about jobs but cautious about economy
Employers that offer flexibility, purpose and growth pathways will attract and retain the next generation of top talent, a CareerBuilder + Monster executive said.
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Employees are walking on eggshells in 2025, report finds
Workers may be staying put because they’re anxious about job security, according to BambooHR.
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GM, LG Energy target commercializing manganese-rich batteries for EVs
The battery chemistry virtually eliminates Cobalt and uses less nickel, while still offering high energy density to improve electric vehicle range.
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Hyundai’s updated Bluelink app simplifies EV charging
Drivers of some of the automaker’s newer electric vehicles can now locate and pay for public charging sessions with their smartphones.
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BP Pulse is bringing EV chargers to Waffle House
Chosen sites in the Southeast and the Sunbelt will get six electric vehicle charging bays, with the first locations coming online next year.
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Subaru weighs options to curtail a potential $2.5B tariff hit
The automaker’s Indiana plant, which now makes around 350,000 vehicles a year, has capacity to ramp up production, a company spokesperson said.
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Retrived from Rivian
Commerce asks automakers for supply chain data for tariff evaluations
The federal agency will require submissions of information such as declared customs value of imports and country of final assembly for carmakers to qualify for reduced duty rates.