The Latest
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As tariff impacts spread, new vehicle prices and inventories are set to rise
A resilient used car market “remains a relative bright spot,” according to digital marketplace and research site CarGurus.
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Major companies reframing, not abandoning, DEI: report
More than half of S&P 100 companies adjusted their diversity, equity and inclusion messaging in major filings in 2025, according to The Conference Board.
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Mercedes-Benz USA appoints VP of network development
Greg Gates is returning to the automaker in September after departing from his former role as general manager of strategic retail development in 2018.
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Subaru forecasts a 50% profit decline for FY2026
Despite the impact of tariffs on its bottom line, the automaker’s quarterly sales in the U.S. increased by 25,000 units.
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Retrieved from Royal Farms.
Royal Farms to expand EV charging network across Maryland
The retailer is bringing charging stations to eight more c-stores in its home state alongside manufacturer Electrify America.
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Hertz is now selling used vehicle inventory on Amazon Autos
The company is offering used vehicles at non-negotiable prices, often below Kelley Blue Book suggested retail value.
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Canada to scale back retaliatory tariffs for US imports on Sept. 1
The country will lift levies on goods compliant with the United States-Mexico-Canada Agreement while maintaining sector-specific duties on steel, aluminum and cars.
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Energy Department to boost critical mineral supply with $1B funding
The financial support is part of the Trump administration’s effort to reduce reliance on foreign sources of critical minerals, especially from China.
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US, EU agree to terms of framework trade pact
The two trading partners documented provisions of a deal that would set a 15% tariff on many EU imports, including cars, auto parts, pharmaceuticals and semiconductors.
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Silicon Valley startup Tensor unveils a personal ‘RoboCar’
The company plans to deliver the Level 4 autonomous vehicle to customers in the second half of 2026.
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Ex-Tesla exec named CEO of Uber Freight
Rebecca Tinucci is taking the reins from founder Lior Ron, who will become the COO of autonomous trucking startup Waabi.
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Employers let workers trade in PTO for cash, student loan payments
Employers have a “balancing act” of providing flexibility but also making sure employees are actually taking time off, according to Goldman Sachs Ayco.
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Rivian moving forward on $5B Georgia EV plant
The battery electric vehicle maker will host two events next month to mark the restart of construction in 2026.
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Half of workers have experienced a quarter-life career crisis, survey shows
Employers can offer more accessible support systems that address both professional development and personal well-being, FlexJobs says.
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Toyota Motor North America appoints CTO
Keita Moritsu will be responsible for all of the automaker’s North American vehicle research and development efforts.
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US expands scope of Section 232 steel, aluminum tariffs
Truck trailers, certain car parts and numerous household appliances will now face 50% levies, per guidance from Customs and Border Protection.
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Volvo names chief commercial officer
Erik Severinson is tasked with improving the automaker’s product line up and boosting EV sales.
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California launches $55M state program to expand public EV charging
The state announced the program days before the Trump administration unfroze federal funds to support EV charging infrastructure after a court ruling.
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Lyft co-founders depart board, convert Class B shares
Logan Green and John Zimmer launched the ride-hailing company in 2012, which has since grown into a global mobility platform.
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DOT relaunches EV charging fund with stripped-down guidance
Transportation Secretary Sean Duffy said he does not "agree with subsidizing green energy," but he will run the NEVI program "efficiently."
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Rivian announces new Atlanta headquarters
The automaker’s East Coast office is expected to open by year’s end and will initially house around 100 workers.
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Tesla’s North America service director departs
Piero Landolfi joined the electric automaker in October 2016 and was appointed as head of service for North America in August 2020.
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Trump says semiconductor tariffs to come next week
The president indicated that duties on chips would be “approximately 100%” earlier this month.
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Majority of workers feel uneasy taking time off, survey shows
Employees worry about work piling up, missing out on opportunities and being perceived as less committed.
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Ford recalls 312K vehicles for loss of power brake assist
The problem was escalated to the automaker’s Critical Concern Review Group on May 14 after the issue was identified on a management lease vehicle.