Automakers: Page 4
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Honda exec says US tariffs could cause over a 20B yen impact
The automaker is considering shifting some vehicle production from Mexico and Canada into the U.S. to avoid costly import duties.
By Eric Walz • Updated March 3, 2025 -
A look at 2025: Where 5 major auto manufacturing projects stand
Slower EV adoption and a new Trump administration have automakers seeking greater flexibility for some of their major U.S. investments.
By Megan Ruggles • Feb. 21, 2025 -
Isuzu to establish $280M commercial EV South Carolina plant
The automaker’s investment will convert the Piedmont facility to manufacture gas and battery-powered N-series and diesel-powered F-series trucks.
By Sara Samora • Feb. 21, 2025 -
GM confident it can mitigate tariffs
CFO Paul Jacobson believes the automaker’s experience dealing with past crises, including the pandemic, will help it find solutions.
By Larry Avila • Feb. 20, 2025 -
Honda posts positive US sales growth in Q3, but global declines impact profit
Across all of its business units, Honda reported that its revenue declined by 3.1% year over year in the first nine months of the fiscal year ending in March.
By Eric Walz • Feb. 19, 2025 -
Nissan weighing production shift to mitigate tariffs
The automaker may move some production to Japan to reduce the impact of a 25% blanket import duty, according to CEO Makoto Uchida.
By Larry Avila • Feb. 19, 2025 -
Samsung SDI recalls high-voltage batteries installed in 180K vehicles
The batteries were installed in plug-in hybrid vehicles from FCA US, Ford Motor Co. and Audi.
By Eric Walz • Feb. 18, 2025 -
Trump says auto tariffs are coming April 2
The president suggested a 25% duty on those imports, fueling uncertainty for automakers already bracing for steel, aluminum and country-specific tariffs.
By Kelly Stroh • Updated Feb. 19, 2025 -
Fleet customers can now purchase Rivian’s electric vans
The company previously sold most of its electric vans to Amazon, its first large-scale customer.
By Eric Walz • Feb. 18, 2025 -
Trump orders reciprocal tariffs on all countries
“In other words, they charge us a tax or tariff, and we charge them the exact same tax,” the president said Thursday.
By Philip Neuffer • Updated Feb. 13, 2025 -
Honda, Nissan officially end merger talks
The two automakers said they would continue a strategic partnership focused on "the era of intelligence and electrified vehicles."
By Edwin Lopez , Larry Avila , Eric Walz • Feb. 13, 2025 -
Tariffs on Canada, Mexico would devastate US auto industry: Ford CEO
Increased duties on imports from the two countries could give Asia-based automakers a competitive advantage, according to CEO Jim Farley.
By Larry Avila • Feb. 12, 2025 -
Tariffs on steel, aluminum likely mean higher costs for auto industry
A 25% import duty could increase the price of a typical vehicle by $1,500, an expert said.
By Larry Avila • Feb. 12, 2025 -
Ford taps finance VP as new CFO
Sherry House will move into the CFO role as planned after joining the automaker in June, when she inked a $4.5 million signing bonus as part of her compensation package.
By Grace Noto • Feb. 12, 2025 -
Stellantis to launch AI-powered in-car assistant
The automaker also aims to deploy technology developed by France-based startup Mistral AI across vehicle engineering, fleet data analysis, sales and manufacturing.
By Eric Walz • Feb. 12, 2025 -
Jack Cooper shutting down after losing automaker contracts
Ford Motor Co. and General Motors ended agreements with the vehicle carrier, according to a spokesperson for the hauler.
By David Taube • Feb. 11, 2025 -
Ionna moves forward with EV charging network
The automaker-led joint venture remains committed to rolling out public charging infrastructure, despite the suspension of government funding.
By Larry Avila • Feb. 11, 2025 -
Trump tags steel, aluminum imports with 25% tariffs
The new duties build on actions from the president's first term while axing exemptions and product exclusions.
By Philip Neuffer • Updated Feb. 11, 2025 -
Toyota’s expanded $14B North Carolina EV battery plant ready to roll
The batteries produced at the facility will be used in hybrids, plug-in hybrids and fully electric vehicles built in North America.
By Larry Avila • Feb. 10, 2025 -
Honda recalls over 294K vehicles for engine stalling
The automaker’s investigators concluded that an ECU software issue was the cause.
By Eric Walz • Feb. 10, 2025 -
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