Corporate/Finance


  • 2026 Subaru Crosstrek Hybrid
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    Provided by Subaru of America

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    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 Aug. 22, 2025
  • A hand holding a smartphone that shows the Amazon Autos app and the corporate logos of for Hertz Cars Sals and Amazon Autos.
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    Courtesy of Amazon Autos
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    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 Aug. 21, 2025
  • Rebecca Tinucci speaks onstage during Uber’s GO-GET Zero event at the Science Museum in London.
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    Tim P. Whitby for Getty Images North America via Getty Images
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    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 Aug. 21, 2025
  • Rivian Georgia plant rendering Clayco
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    Provided by Clayco

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    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 Aug. 19, 2025
  • 2026 Toyota Tundra
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    Provided by Toyota Motor Corp. 

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    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 Aug. 19, 2025
  • People inspect refrigerators in a Home Depot store on March 31, 2025, in San Rafael, California.
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    Justin Sullivan via Getty Images
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    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 XC60 all-electric SUV Ridgeland South Carolina
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    Provided by Volvo Cars

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    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
  • A driver adjusts a smartphone in a holder that shows the Lyft app on the screen.
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    Courtesy of Lyft Inc.
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    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 Aug. 15, 2025
  • President Donald Trump boards Air Force One on Aug. 15, 2025, at Joint Base Andrews, Maryland.
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    Andrew Harnik via Getty Images
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    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 Model Y Cox Automotive Kelly Blue Book
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    Artistic Operations via Getty Images
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    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 Aug. 14, 2025
  • BMW Group Technology Office Mountainview California
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    Provided by BMW Group 

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    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 Atlanta HQ
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    Provided by Rivian

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    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 Aug. 13, 2025
  • A person wearing a heavy jacket carrying a backpack walks through snow in front of a sign for Fenway Park.
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    Scott Eisen via Getty Images
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    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
  • negative equity car loans Edmunds
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    Jinda Noipho via Getty Images
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    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
  • F150 Lightning all-electric pickup
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    Jetcityimage via Getty Images
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    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
  • People outdoors holding signs reading "Higher wages for Lyft & Uber drivers now!"
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    Scott Olson via Getty Images
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    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
  • Toyota RAV4 brand loyalty
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    Provided by Toyota Motor North America 

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    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
  • A blue 2025 Toyota RAV4 SUV parked outdoors with a concrete structure in the background.
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    Courtesy of Toyota Motor North America
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    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 Aug. 7, 2025
  • Lucid Gravity 2025
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    Provided by Lucid Group 

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    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
  • Arizona Mobility Test Center Toyota Arizona Proving Grounds
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    Provided by Toyota Motor North America 

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    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
  • Chicago highway traffic NHTSA
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    Scott Olson via Getty Images
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    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
  • President Donald Trump speaks during a presentation in the Oval Office of the White House on Aug. 6, 2025, in Washington D.C.
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    Win McNamee via Getty Images
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    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 CEO Mary Barra and Hyundai Motor Group Executive Chair Euisun Chung  signing the collaboration agreement while seated at a table covered in a black table cloth.
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    Courtesy of Hyundai Motor Group
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    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
  • A 2-door blue 2026 Dodge Charger Daytona Scat Pack electric sports car parked outdoors with a city skyline and bridge in the background.
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    Courtesy of Stellantis
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    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 Aug. 6, 2025
  • European Union President Ursula von der Leyen speaks with U.S. President Donald Trump on July 27, 2025, in Turnberry, Scotland.
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    Andrew Harnik via Getty Images
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    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