Corporate/Finance
-
Subaru forecasts a 50% profit decline for FY2026
Despite the impact of tariffs on its bottom line, the automaker’s quarterly sales in the U.S. increased by 25,000 units.
By Larry Avila • Aug. 22, 2025 -
Hertz is now selling used vehicle inventory on Amazon Autos
The company is offering used vehicles at non-negotiable prices, often below Kelley Blue Book suggested retail value.
By Eric Walz • Aug. 21, 2025 -
Ex-Tesla exec named CEO of Uber Freight
Rebecca Tinucci is taking the reins from founder Lior Ron, who will become the COO of autonomous trucking startup Waabi.
By Haley Cawthon • Aug. 21, 2025 -
Rivian moving forward on $5B Georgia EV plant
The battery electric vehicle maker will host two events next month to mark the restart of construction in 2026.
By Larry Avila • Aug. 19, 2025 -
Toyota Motor North America appoints CTO
Keita Moritsu will be responsible for all of the automaker’s North American vehicle research and development efforts.
By Larry Avila • Aug. 19, 2025 -
US expands scope of Section 232 steel, aluminum tariffs
Truck trailers, certain car parts and numerous household appliances will now face 50% levies, per guidance from Customs and Border Protection.
By Philip Neuffer • Aug. 19, 2025 -
Volvo names chief commercial officer
Erik Severinson is tasked with improving the automaker’s product line up and boosting EV sales.
By Paul Myles | WardsAuto • Aug. 19, 2025 -
Lyft co-founders depart board, convert Class B shares
Logan Green and John Zimmer launched the ride-hailing company in 2012, which has since grown into a global mobility platform.
By Eric Walz • Aug. 15, 2025 -
Trump says semiconductor tariffs to come next week
The president indicated that duties on chips would be “approximately 100%” earlier this month.
By Philip Neuffer • Aug. 15, 2025 -
Tesla’s North America service director departs
Piero Landolfi joined the electric automaker in October 2016 and was appointed as head of service for North America in August 2020.
By Larry Avila • Aug. 14, 2025 -
BMW appoints new head of US technology office
Stefan Gerhaeusser will lead BMW’s Silicon Valley-based research and development operation, swapping positions with the former head of the division.
By Kalena Thomhave • Aug. 14, 2025 -
Rivian announces new Atlanta headquarters
The automaker’s East Coast office is expected to open by year’s end and will initially house around 100 workers.
By Larry Avila • Aug. 13, 2025 -
Deep Dive
Waymo readies its robotaxis for winter weather
The company has tested its autonomous ride-hailing vehicles in Boston, New York City and Philadelphia. Can they handle snow, ice and winter storms?
By Dan Zukowski • Aug. 13, 2025 -
More new car buyers are trading in vehicles they still owe money on
Higher prices and interest rates are fueling a rise in underwater car loans, according to new analysis from Edmunds.
By Kalena Thomhave • Aug. 12, 2025 -
Ford launching new $30K BEV pickup with modular assembly in 2027
The automaker says it has shaken off an older design approach to engineer and manufacture a vehicle to match the quickness and flexibility of Chinese OEMs.
By Christie Schweinsberg | WardsAuto • Aug. 12, 2025 -
Uber and Lyft CEOs want to add more robotaxis
The ride-hailing companies are partnering with several robotaxi and technology companies to bring more AVs to more cities.
By Dan Zukowski • Aug. 11, 2025 -
New vehicle brand loyalty inching closer to pre-pandemic levels
Toyota leads OEMs while Tesla has faltered, according to a new report.
By Kalena Thomhave • Aug. 8, 2025 -
Toyota reports $3.3B drop in Q1 net income as tariffs take hold
The automaker expects that the impact of tariffs on its operating income for the remainder of FY2026 will be $9.5 billion.
By Eric Walz • Aug. 7, 2025 -
Lucid disappoints Wall Street, drops production forecast
The company’s models will lose the federal tax credit while the upstart automaker faces stiff competition from better-known brands selling BEVs.
By David Kiley | WardsAuto • Aug. 7, 2025 -
Toyota invests more than $50M in Arizona testing center
The improvements to the desert facility reflects the automaker’s drive to do business “where it sells.”
By Kalena Thomhave • Aug. 7, 2025 -
Fewer traffic deaths reported in early 2025
According to federal data, 8,055 people were killed on U.S. roads in the first three months of 2025, a 6.3% decline compared to the same period in 2024.
By Kalena Thomhave • Aug. 7, 2025 -
Trump plans 100% tariffs for semiconductor imports
Chips are one of several product types currently under Section 232 investigation by the White House, a frequent precursor to duties.
By Philip Neuffer • Aug. 7, 2025 -
GM-Hyundai partnership yields five new vehicles
The two automakers expect to sell more than 800,000 of the new vehicles each year once production is fully scaled.
By David Kiley | WardsAuto • Aug. 7, 2025 -
Stellantis names Scott Krugger as head of North America design
The new role includes leading the creative direction and design strategy of the Chrysler, Dodge, Jeep and Ram brands.
By Eric Walz • Aug. 6, 2025 -
EU delays countermeasures to US tariffs by 6 months
The bloc has now paused implementation three times, with the latest moratorium coming after reaching a framework deal with the U.S.
By Philip Neuffer • Aug. 5, 2025