Automakers
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GM weighs production shifts, sourcing reviews to mitigate tariffs
CFO Paul Jacobson said it has multiple playbooks to help offset impact of higher costs throughout its supply chain.
By Larry Avila • Feb. 7, 2025 -
Toyota reports an operating profit decline of nearly 28% in Q3
The automaker cited investments in new growth areas, labor costs and a challenging market environment for the drop in profits.
By Eric Walz • Feb. 6, 2025 -
Honda prepares to start ‘flexible’ vehicle production at Ohio EV hub
The automaker will produce ICE, hybrid and fully electric models on the same production lines, allowing for flexibility to adapt in market demand.
By Eric Walz • Feb. 6, 2025 -
Nissan, Honda merger talks still on — for now
Despite reports of a potential end to merger talks, the two automakers confirmed that discussions are ongoing and the companies may reveal more details by mid-February.
By Larry Avila • Feb. 5, 2025 -
Lucid names CFO
Taoufiq Boussaid will take over on Feb. 25 for Gagan Dhingra, who has held the interim post since December 2023.
By Larry Avila • Feb. 5, 2025 -
Manufacturing reenters growth mode in January as demand, production improve: PMI
The news signifies a return to growth after more than two years. However, manufacturers are bracing for possible fallout from the Trump administration’s recent tariff proposals.
By Kate Magill • Feb. 5, 2025 -
Stellantis names new CEO for Jeep
Bob Broderdorf takes over for Antonio Filosa as the automaker continues its global C-suite shakeup.
By Larry Avila • Feb. 5, 2025 -
Lucid Gravity gains Tesla Supercharger access with native NACS port
The new luxury-electric SUV can now charge at over 20,000 Tesla Supercharger locations without the need for an adapter.
By Eric Walz • Feb. 4, 2025 -
China responds to Trump with added tariffs on certain products
The new duties are set to take effect Feb. 10 and cover some car, equipment and energy imports.
By Max Garland • Feb. 4, 2025 -
US delays tariffs on Mexico to March
The two countries agreed to negotiate over the next month while collaborating on addressing drug and weapons trafficking.
By Edwin Lopez , Philip Neuffer • Feb. 3, 2025 -
Retrieved from CPAC on February 02, 2025
Canada strikes back with 25% tariffs on select US goods
The tariffs will target $155 billion worth of goods, such as orange juice, beer and motorcycles, with some duties starting Feb. 4.
By Edwin Lopez • Feb. 2, 2025 -
Policy shifts shake up automotive landscape in 2025
Tariffs and potential updates to emission rules are driving automakers to rethink production strategies.
By Larry Avila • Jan. 31, 2025 -
Sales growth in the forecast for EVs, hybrids
The potential loss of government incentives on battery electric vehicles may slow sales momentum later this year, experts say.
By Larry Avila • Jan. 31, 2025 -
Nissan offers buyouts as US production scales back
The automaker plans to cut shifts at its Smyrna, Tennessee and Canton, Missouri plants.
By Larry Avila • Jan. 31, 2025 -
Tesla’s Q4 automotive revenue declines 8% YoY
Company executives said Tesla made significant investments to spur its next wave of growth, including vehicle manufacturing capabilities and AI training.
By Eric Walz • Jan. 31, 2025 -
Consumer car buying satisfaction reaches record high in 2024
Better digital tools, integration of online and in-person shopping and transparent pricing drove higher satisfaction marks, according to Cox Automotive.
By Kalena Thomhave • Jan. 30, 2025 -
NHTSA launches safety probe of Ford’s BlueCruise
Last year, the agency received notice of two fatal collisions involving Mustang Mach-E vehicles while the system was engaged.
By Eric Walz • Jan. 29, 2025 -
GM expects to save $1B by shutting down Cruise robotaxi
The automaker anticipates its Super Cruise hands-free driving feature will drive EV interest.
By Larry Avila • Jan. 29, 2025 -
Mitsubishi weighs decision to be part of Honda, Nissan merger
As talks between the automakers continue, analysts say a combination makes sense but may face hurdles, including short-term financial hardship.
By Larry Avila • Jan. 29, 2025 -
Georgia Rivian plant to resume construction
After a pause due to high costs, the electric vehicle manufacturer anticipates work on the project near Atlanta to begin in 2026.
By Zachary Phillips • Jan. 28, 2025 -
Toyota Motor North America COO retires
Mark Templin succeeds Jack Hollis who retired from the role after 33 years with the company.
By Larry Avila • Jan. 27, 2025 -
Hyundai’s revenue jumped 11.9% in 2024
The automaker noted that its Q4 profit declined by 17.2% due to higher warranty costs and bigger incentives to boost sales.
By Eric Walz • Jan. 27, 2025 -
NHTSA opens probe of over 877K GM vehicles for engine failures
Owners of the vehicles complained of connecting rod bearing wear, which has led to catastrophic engine damage without any prior symptoms.
By Eric Walz • Jan. 27, 2025 -
Reflective clothing may reduce the effectiveness of pedestrian detection technology: IIHS
The new study suggests automated braking systems may not see safety attire worn by pedestrians.
By Kalena Thomhave • Jan. 27, 2025 -
New vehicle prices rose 1.3% YoY in December
The value of incentives and discounts also remained elevated, according to Cox Automotive Kelley Blue Book.
By Kalena Thomhave • Jan. 24, 2025