Automakers: Page 2
-
Anna Moneymaker via Getty Images
US to install country-specific tariffs Aug. 7
President Donald Trump signed an executive order Thursday officially codifying rates for over 60 trading partners while pushing back implementation by seven days.
By Philip Neuffer • July 31, 2025 -
Courtesy of Ford Motor Co.
Ford takes out $3B loan amid tariff uncertainty
The unsecured loan signals confidence from lenders, although the automaker’s current credit rating indicates its business is vulnerable to adverse economic conditions.
By Eric Walz • July 31, 2025 -
Provided by Ford Motor Co.
Tariffs hit Ford’s Q2 profit while automaker teases big EV news
The No. 2 U.S.-based automaker by sales volume projects a $3 billion loss this year from tariffs.
By David Kiley | WardsAuto • July 31, 2025 -
Anna Moneymaker via Getty Images
US, South Korea strike tariff deal, Trump says
Under the proposed agreement, imports from South Korea would be subject to a 15% tariff while U.S.-originating goods would be exempt from duties.
By Kelly Stroh • July 30, 2025 -
Provided by Nissan Motor Co.
Nissan to shutter Mexico factory as part of broader cost savings plan
The CIVAC Plant was Nissan’s first production facility outside Japan and operated continuously for more than 60 years.
By Larry Avila • July 30, 2025 -
Justin Sullivan via Getty Images
New vehicle spending projected to hit monthly record in July: JD Power
However, tariffs may complicate the future market, according to a new sales forecast.
By Kalena Thomhave • July 30, 2025 -
Provided by Stellantis
Stellantis posts first-half losses in ‘tough’ year
The company’s U.S. tariff hit heads up the automaker's reasons for its predicted $2.7 billion overall loss for 2025.
By Paul Myles | WardsAuto • July 29, 2025 -
Brandon Bell via Getty Images
Supplier expects to benefit from $16.5B Tesla, Samsung AI chip deal
Graphjet Technology says growth in U.S. semiconductor manufacturing is timely for its planned expansion in Nevada.
By Larry Avila • July 29, 2025 -
Permission granted by Don Lee
Lucid files proxy with SEC for 1-for-10 reverse stock split
The move is intended to boost the electric automaker’s share price and make the stock more attractive to investors.
By Eric Walz • July 29, 2025 -
Andrew Harnik via Getty Images
US, EU agree to lower tariffs in ‘framework’ deal
Most imports from the bloc would face a 15% tariff under the pact, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced Sunday.
By Philip Neuffer • July 27, 2025 -
Courtesy of Eric Walz
Hyundai reports record-high revenue of $35.2B in Q2
Despite the automaker’s record-setting revenue, its net income declined 22% year over year as a result higher incentives, the company said.
By Eric Walz • July 25, 2025 -
Mario Tama via Getty Images
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.
By Paul Myles | WardsAuto • July 25, 2025 -
Scott Olson via Getty Images
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.
By Grace Noto • July 25, 2025 -
Provided by Volvo Cars
Volvo Cars’ head of global design steps down
Jeremy Offer resigned to spend more time with family, according to the automaker.
By Larry Avila • July 25, 2025 -
Courtesy of Tesla Inc.
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.
By Eric Walz • July 24, 2025 -
Courtesy of Redwood Materials
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.
By Eric Walz • July 23, 2025 -
Provided by Volvo Cars
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.
By Larry Avila • July 23, 2025 -
Tasos Katopodis via Getty Images
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.
By Philip Neuffer • Updated July 24, 2025 -
Provided by General Motors
GM reports $1.1B profit loss in Q2
The automaker will turn to cost-cutting to mitigate the impact of higher import duties.
By David Kiley | WardsAuto • July 22, 2025 -
Provided by Nissan Motor Co.
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.
By Larry Avila • July 21, 2025 -
Erik Gonzalez Garcia / iStock Editorial / Getty Images Plus via Getty Images
Nissan executive named CTO at grocery giant Ahold Delhaize
Jan Brecht previously served in leadership stints at Mercedes-Benz and Adidas.
By Roberto Torres • July 21, 2025 -
Courtesy of Stellantis
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.
By Larry Avila • July 18, 2025 -
Courtesy of Ford Motor Co.
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.
By Eric Walz • July 18, 2025 -
Courtesy of Ultium Cells LLC
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.
By Eric Walz • July 16, 2025 -
Provided by Volvo Cars
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.
By Larry Avila • July 15, 2025
Previous
