The Latest
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EU preps latest round of US tariff countermeasures
The European Commission plans to install duties of up to 30%, starting Aug. 7, if the bloc cannot reach a deal with the U.S. by the end of the month.
Updated July 25, 2025 -
Volkswagen takes $1.5B hit from tariffs
The auto group was forced to trim its full-year earnings forecast and “realign” its business model, possibly focused on less U.S. trade, executives said.
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GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
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Volvo Cars’ head of global design steps down
Jeremy Offer resigned to spend more time with family, according to the automaker.
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Blind spots in popular vehicles have grown in recent years: IIHS
A new research technique may help determine whether changes in driver visibility have contributed to rising pedestrian and cyclist deaths.
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US, Japan reach deal on tariffs, market access
If finalized, the agreement would place a 15% duty on imports from Japan, including for cars and auto parts.
Updated July 24, 2025 -
Tesla reports 42% YoY drop in operating income
The automaker’s Q2 sales fell 13.4% from a year ago as it faces growing competition in the global EV market.
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GM, Redwood Materials sign deal to deploy energy-storage batteries
The partnership will create low-cost batteries to power AI data centers and other applications.
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GM reports $1.1B profit loss in Q2
The automaker will turn to cost-cutting to mitigate the impact of higher import duties.
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Volvo regionalizing global production to avoid tariffs
The move is part of the automaker’s strategy to rapidly boost profitability and adapt to a rapidly changing tariff-fueled business environment.
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Uber to add 20,000 self-driving Lucid Gravity SUVs to its ride-share platform
The luxury-electric SUVs will be outfitted with Level 4 autonomous driving technology developed by California-based Nuro.
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Ionna tops 3K contracted battery charging bays with new partnership
The Wawa c-store chain is the latest company to join the automaker-led joint venture aimed at expanding EV charging infrastructure.
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Tariffs to slow spending, economic growth during H2: Conference Board
Consumers face an average effective tariff rate of 20.6% and a 2.1% short-run increase in prices, the Yale Budget Lab said.
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Nissan ending production at Japan plant
The automaker is working to return to profitability by FY2026, which includes reducing its global production footprint from 17 to 10 plants.
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Ford recalls 694K Bronco Sport, Escape SUVs for cracked fuel injectors
The issue can result in a gas leak on models equipped with 1.5L engines, which can lead to an underhood fire.
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Nissan executive named CTO at grocery giant Ahold Delhaize
Jan Brecht previously served in leadership stints at Mercedes-Benz and Adidas.
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Stellantis names new North American dealer strategy leader
Jason Stoicevich returns to the automaker after departing a year ago and his return continues a wave of executive changes at the company.
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In California, new car dealers look to apprenticeships to fill talent gaps
Across the industry, dealerships have reported shortages due to an aging workforce.
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Panasonic opens its lithium-ion battery manufacturing facility in Kansas
The site will manufacture the company’s advanced 2170 cylindrical cell batteries to support electric vehicle production in North America.
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Volvo Cars takes $1.2B impairment charge
Ahead of reporting its Q2 earnings, the automaker cited U.S. tariffs and EV delays for the setback.
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May Mobility’s robotaxis will come to 2 more US cities this year
The company will integrate its autonomous vehicles with Uber and Lyft.
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GM’s Ultium Cells battery plant in Tennessee to add production of low-cost LFP cells
The automaker is targeting significant cost savings for EVs compared to its current high-nickel battery chemistries.
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Rolls-Royce invests $75M in South Carolina engine plant
The 60,000-square-foot expansion will boost production of machinery used to power data centers and other industrial facilities.
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CHROs can be more critical than CEO in succession planning, report finds
Chief human resource officers can lead a successful process when trusted by the board and C-suite, but without it, CEO succession planning can face major challenges.
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Mercedes-Benz Vans names North American sales leader
Jee-Seop Kim will take over Sept. 1 for Heike Scheuble, who is retiring after four decades with the automaker.