The Latest
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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.
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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.
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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.
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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.
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‘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.
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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.
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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.
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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.
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Volvo Cars’ head of global design steps down
Jeremy Offer resigned to spend more time with family, according to the automaker.
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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.
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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.
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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.
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GM reports $1.1B profit loss in Q2
The automaker will turn to cost-cutting to mitigate the impact of higher import duties.
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Volvo regionalizing global production to avoid tariffs
The move is part of the automaker’s strategy to rapidly boost profitability and adapt to a rapidly changing tariff-fueled business environment.
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Uber to add 20,000 self-driving Lucid Gravity SUVs to its ride-share platform
The luxury-electric SUVs will be outfitted with Level 4 autonomous driving technology developed by California-based Nuro.
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Ionna tops 3K contracted battery charging bays with new partnership
The Wawa c-store chain is the latest company to join the automaker-led joint venture aimed at expanding EV charging infrastructure.
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Tariffs to slow spending, economic growth during H2: Conference Board
Consumers face an average effective tariff rate of 20.6% and a 2.1% short-run increase in prices, the Yale Budget Lab said.
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Nissan ending production at Japan plant
The automaker is working to return to profitability by FY2026, which includes reducing its global production footprint from 17 to 10 plants.
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Ford recalls 694K Bronco Sport, Escape SUVs for cracked fuel injectors
The issue can result in a gas leak on models equipped with 1.5L engines, which can lead to an underhood fire.
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Nissan executive named CTO at grocery giant Ahold Delhaize
Jan Brecht previously served in leadership stints at Mercedes-Benz and Adidas.
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Stellantis names new North American dealer strategy leader
Jason Stoicevich returns to the automaker after departing a year ago and his return continues a wave of executive changes at the company.
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In California, new car dealers look to apprenticeships to fill talent gaps
Across the industry, dealerships have reported shortages due to an aging workforce.
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Panasonic opens its lithium-ion battery manufacturing facility in Kansas
The site will manufacture the company’s advanced 2170 cylindrical cell batteries to support electric vehicle production in North America.