Automakers: Page 6
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Tariffs see Stellantis ditch financial forecast as Q1 revenues slide
The automaker’s first quarter revenue slumps 14% as it launches its financial recovery plan.
By Paul Myles | WardsAuto • May 2, 2025 -
GM recalls nearly 600K SUVs, pickups over engine failures
Over the past several years, the automaker identified more than 28,000 field complaints and incidents in the U.S. market potentially related to 6.2L V8 engine issues.
By Eric Walz • May 2, 2025 -
GM projects up to $5B in tariff costs in 2025
The automaker says it will work to hold the line on consumer pricing of its vehicles.
By David Kiley | WardsAuto • May 2, 2025 -
Mercedes-Benz to produce a new ‘core-segment’ vehicle in Alabama
Details were limited, but a spokesperson said the move aligns with the automaker's focus on optimization amid market shifts.
By Larry Avila • May 2, 2025 -
Toyota invests additional $88M in West Virginia
The automaker's cumulative investments total over $2.8 billion since it began production in the state in 1998.
By Larry Avila • May 1, 2025 -
Mercedes-Benz unveils steer-by-wire system
The automaker says it will be the first German OEM to offer the electronic steering technology in a production vehicle when it launches in 2026.
By Eric Walz • May 1, 2025 -
GM beats Wall Street expectations, suspends guidance over tariffs
General Motors is heavily exposed to tariffs, including its Buick brand, but Trump’s waffling offers some relief.
By David Kiley | WardsAuto • April 30, 2025 -
Hyundai Mobis develops EV battery with built-in fire suppression
The company said the technology prevents thermal runaway battery fires rather than simply delaying them.
By Kalena Thomhave • April 30, 2025 -
Trump softens tariffs on auto parts for US-assembled cars
The president will allow automakers to offset some costs while clarifying that potentially overlapping tariffs on Canada, Mexico, steel and aluminum will not stack.
By Philip Neuffer • April 29, 2025 -
Stellantis marks 2M Ram 1500 trucks built in Michigan plant
The facility will manufacture electric trucks, with a hybrid option coming to market this year.
By Kalena Thomhave • April 29, 2025 -
Tariffs could spike costs for domestic automakers by $108B
A new report estimates that higher import duties on automotive parts will impact nearly all of the 17.7 million vehicles built in the U.S. annually.
By Kalena Thomhave • April 29, 2025 -
Adam Chamberlain returns to Mercedes-Benz USA as CEO
Dimitris Psillakis will transition to a senior strategic advisor role and remain with the company until the end of 2025, the automaker said.
By Kalena Thomhave • April 28, 2025 -
Volvo Cars names new CFO
Deputy CFO Fredrik Hansson has taken over for Johan Ekdahl, who resigned after nearly a decade on the job.
By Larry Avila • April 25, 2025 -
Hyundai posts its highest Q1 revenue in company history
The automaker plans to maintain its sales momentum with the launch of new hybrids and fully electric models under its Ioniq brand.
By Eric Walz • April 25, 2025 -
Ford recalls 123K pickups, SUVs over brake fluid leaks
The condition may lead to excessive pedal travel or reduction in braking performance, according to the NHTSA.
By Eric Walz • April 24, 2025 -
GM’s head of global manufacturing resigns
Jens Peter Clausen, a veteran of Tesla and Google, will step down in mid-May after overseeing the automaker's manufacturing for a little over a year.
By Larry Avila • April 24, 2025 -
Auto groups: US tariff policies ‘will scramble the global automotive supply chain’
In a letter to the Trump administration, industry leaders say recent actions will increase costs and eliminate jobs.
By Larry Avila • April 23, 2025 -
Tesla’s net profit nosedives 71% in Q1
Elon Musk’s alignment with the Trump administration may be impacting Tesla's reputation, according to one analyst.
By Eric Walz • April 23, 2025 -
General Motors taps Dell sustainability head to become new CSO
Cassandra Garber will lead the automotive giant’s sustainability efforts and ESG practices starting April 22, which coincides with Earth Day.
By Zoya Mirza • April 22, 2025 -
Quarterly sales roundup
Most automakers report sales gains in Q1
GM reported a double-digit sales jump to start the year, while Ford and Stellantis reported quarterly declines.
By Larry Avila • April 22, 2025 -
Nissan nominates 4 new board candidates after exec shakeup
New CEO Ivan Espinosa is among the recommended director appointments after the automaker overhauled its executive leadership team to lead its turnaround.
By Larry Avila • April 22, 2025 -
US proceeds with China-linked ship fees
Trade groups fear the plan will raise ocean rates and disrupt supply chains, but U.S. officials argue the fees are essential to incentivizing domestic shipbuilding.
By Edwin Lopez • April 21, 2025 -
Hyundai opens $14M Alabama medical and wellness center
The facility offers an array of services to its more than 4,000 Montgomery-based employees.
By Kalena Thomhave • April 18, 2025 -
Kia’s generative AI voice assistant debuts on the EV3 in Europe
The company joins other automakers, including Hyundai, Volkswagen and Stellantis, aiming to add generative AI technology to their model lineups.
By Eric Walz • April 18, 2025 -
Canada grants limited reprieve on auto tariffs
The country will allow a certain amount of U.S.-assembled cars to be imported duty-free provided companies maintain domestic production and investment levels.
By Philip Neuffer • Updated April 22, 2025