US to install country-specific tariffs Aug. 7

President Donald Trump signed an executive order Thursday officially codifying rates for over 60 trading partners while pushing back implementation by seven days.

Ford takes out $3B loan amid tariff uncertainty

The unsecured loan signals confidence from lenders, although the automaker’s current credit rating indicates its business is vulnerable to adverse economic conditions.

FCA US recalls 121K Jeep models for second-row head restraint issue

The headrests may not lock in the upright position due to an interference condition, which can increase the risk of injury in a crash.

US unveils details for 50% copper tariff

The plan includes levies on semi-finished copper products and their derivatives, a sales requirement for copper scrap and some exceptions for auto parts.

Return-to-office orders drive attendance bump, but hybrid work tools remain crucial

Mandates are helping to increase attendance, but most office interactions still involve remote participants, meaning operators must remain diligent in implementing and measuring collaboration tools, experts say.

Tariffs hit Ford’s Q2 profit while automaker teases big EV news

The No. 2 U.S.-based automaker by sales volume projects a $3 billion loss this year from tariffs.

Nissan to shutter Mexico factory as part of broader cost savings plan

The CIVAC Plant was Nissan’s first production facility outside Japan and operated continuously for more than 60 years.

US, South Korea strike tariff deal, Trump says

Under the proposed agreement, imports from South Korea would be subject to a 15% tariff while U.S.-originating goods would be exempt from duties.

New vehicle spending projected to hit monthly record in July: JD Power

However, tariffs may complicate the future market, according to a new sales forecast.

Supplier expects to benefit from $16.5B Tesla, Samsung AI chip deal

Graphjet Technology says growth in U.S. semiconductor manufacturing is timely for its planned expansion in Nevada.

Stellantis posts first-half losses in ‘tough’ year

The company’s U.S. tariff hit heads up the automaker's reasons for its predicted $2.7 billion overall loss for 2025.

Honda worker’s Kronos outage-related timekeeping lawsuit survives

The plaintiff disputed the promptness of the company’s reconciliation payments following resolution of the 2021 incident.

Lucid files proxy with SEC for 1-for-10 reverse stock split

The move is intended to boost the electric automaker’s share price and make the stock more attractive to investors.

US, EU agree to lower tariffs in ‘framework’ deal

Most imports from the bloc would face a 15% tariff under the pact, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced Sunday.

‘Losing steam’: Economy stalls amid trade uncertainty

As tariff impacts hit, production output, hiring and inventory levels are flatlining, per Victoria Bloom, chief economist at the National Association of Manufacturers.

Hyundai reports record-high revenue of $35.2B in Q2

Despite the automaker’s record-setting revenue, its net income declined 22% year over year as a result higher incentives, the company said.

EU preps latest round of US tariff countermeasures

The European Commission plans to install duties of up to 30%, starting Aug. 7, if the bloc cannot reach a deal with the U.S. by the end of the month.

Updated July 25, 2025

Volkswagen takes $1.5B hit from tariffs

The auto group was forced to trim its full-year earnings forecast and “realign” its business model, possibly focused on less U.S. trade, executives said. 

GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact

Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.  

Volvo Cars’ head of global design steps down

Jeremy Offer resigned to spend more time with family, according to the automaker.

Blind spots in popular vehicles have grown in recent years: IIHS

A new research technique may help determine whether changes in driver visibility have contributed to rising pedestrian and cyclist deaths.

US, Japan reach deal on tariffs, market access

If finalized, the agreement would place a 15% duty on imports from Japan, including for cars and auto parts.

Updated July 24, 2025

Tesla reports 42% YoY drop in operating income

The automaker’s Q2 sales fell 13.4% from a year ago as it faces growing competition in the global EV market. 

GM, Redwood Materials sign deal to deploy energy-storage batteries

The partnership will create low-cost batteries to power AI data centers and other applications.

GM reports $1.1B profit loss in Q2

The automaker will turn to cost-cutting to mitigate the impact of higher import duties.