Automakers: Page 6


  • Volvo EX90 EV SUV South Carolina
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    Photo provided by Volvo Cars

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    Volvo weighs increasing US production, domestic sourcing to offset tariffs

    CEO Jim Rowan said the automaker can quickly ramp up capacity at its South Carolina plant.

    By Feb. 27, 2025
  • President Donald Trump speaks during a cabinet meeting at the White House on Feb. 26, 2025.
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    Andrew Harnik via Getty Images
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    Canada and Mexico tariffs will take effect March 4, Trump confirms

    The president will also impose an additional 10% import tax on China next week and hinted at plans to soon levy 25% duties on the European Union.

    By Philip Neuffer • Feb. 27, 2025
  • Lucid Group Gravity SUV
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    Photo provided by Lucid Group

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    Lucid CEO resigns, company seeking permanent successor

    COO Marc Winterhoff will lead the EV maker on an interim basis in place of Peter Rawlinson.

    By Feb. 26, 2025
  • An interior view of the black-colored front seats in a 2020 Ford Explorer Platinum.
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    Courtesy of Ford Motor Co.
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    Ford recalls 240K SUVs for loose seat belt bolts

    The automaker said dealerships will replace any defective parts and provide repairs free of charge. 

    By Feb. 26, 2025
  • Nissan Makoto Uchida president ceo
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    Tomohiro Ohsumi via Getty Images
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    Nissan focused on finding new partnerships

    With a merger with Honda off the table, the automaker is exploring options to develop new vehicles faster while also reducing costs. 

    By Feb. 25, 2025
  • A white Rivvian R2 SUV parked outside under a tree with greenery in the background.
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    Courtesy of Rivian
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    Rivian reports record-high gross profit of $170M in Q4

    The company cited improvements in variable costs, higher revenue per vehicle and a reduction in fixed costs.

    By Feb. 25, 2025
  • Two workers inspect a 2023 red Honda Accord at the automaker's Marysville Auto Plant in Ohio.
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    Courtesy of Honda Motor Co.
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    Honda exec says US tariffs could cause over a 20B yen impact

    The automaker is considering shifting some vehicle production from Mexico and Canada into the U.S. to avoid costly import duties. 

    By Updated March 3, 2025
  • Executive Chair of Hyundai Motor Group Euisun Chung
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    Photo provided by Hyundai Motor Group

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    A look at 2025: Where 5 major auto manufacturing projects stand

    Slower EV adoption and a new Trump administration have automakers seeking greater flexibility for some of their major U.S. investments.

    By Megan Ruggles • Feb. 21, 2025
  • A sky-eye view of a white building surrounding  by grass and trees.
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    Courtesy of James R. Wiley/Isuzu
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    Isuzu to establish $280M commercial EV South Carolina plant

    The automaker’s investment will convert the Piedmont facility to manufacture gas and battery-powered N-series and diesel-powered F-series trucks.

    By Feb. 21, 2025
  • GM General Motors CFO Paul Jacobson
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    Provided by General Motors

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    GM confident it can mitigate tariffs

    CFO Paul Jacobson believes the automaker’s experience dealing with past crises, including the pandemic, will help it find solutions.

    By Feb. 20, 2025
  • A blue 2023 Honda Pilot TrailSport SUV on a dirt road with hills in the background.
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    Courtesy of American Honda Motor Co.
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    Honda posts positive US sales growth in Q3, but global declines impact profit

    Across all of its business units, Honda reported that its revenue declined by 3.1% year over year in the first nine months of the fiscal year ending in March.

    By Feb. 19, 2025
  • Nissan Sentra 2025 traveling on road
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    Provided by Nissan Motor Co. 

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    Nissan weighing production shift to mitigate tariffs

    The automaker may move some production to Japan to reduce the impact of a 25% blanket import duty, according to CEO Makoto Uchida.

    By Feb. 19, 2025
  • A cable shown plugged into the charging port on the left front fender of a 2023 Ford Escape hybrid SUV.
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    Courtesy of Ford Motor Co.
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    Samsung SDI recalls high-voltage batteries installed in 180K vehicles

    The batteries were installed in plug-in hybrid vehicles from FCA US, Ford Motor Co. and Audi.

    By Feb. 18, 2025
  • President Donald Trump tours Drake Enterprises, an automotive parts manufacturer on Sept. 27, 2023 in Clinton Township, Michigan.
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    Scott Olson via Getty Images
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    Trump says auto tariffs are coming April 2

    The president suggested a 25% duty on those imports, fueling uncertainty for automakers already bracing for steel, aluminum and country-specific tariffs.

    By Updated Feb. 19, 2025
  • A front view showing the headlights and grill of s white Rivian's electric commercial delivery van parked under a highway overpass.
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    Courtesy of Rivian
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    Fleet customers can now purchase Rivian’s electric vans

    The company previously sold most of its electric vans to Amazon, its first large-scale customer.

    By Feb. 18, 2025
  • President Donald Trump in the Oval Office
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    Andrew Harnik via Getty Images
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    Trump orders reciprocal tariffs on all countries

    “In other words, they charge us a tax or tariff, and we charge them the exact same tax,” the president said Thursday.

    By Philip Neuffer • Updated Feb. 13, 2025
  • Honda Nissan Mitsubishi execs merger
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    Provided by Honda Motor Co. 

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    Honda, Nissan officially end merger talks

    The two automakers said they would continue a strategic partnership focused on "the era of intelligence and electrified vehicles."

    By , , Feb. 13, 2025
  • Ford Oakville Assembly Plant.
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    Courtesy of Ford
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    Tariffs on Canada, Mexico would devastate US auto industry: Ford CEO

    Increased duties on imports from the two countries could give Asia-based automakers a competitive advantage, according to CEO Jim Farley.

    By Feb. 12, 2025
  • GM Flint assembly line hood
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    Photo provided by General Motors

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    Tariffs on steel, aluminum likely mean higher costs for auto industry

    A 25% import duty could increase the price of a typical vehicle by $1,500, an expert said.

    By Feb. 12, 2025
  • Ford CEO Jim Farley standing between two Ford models in Detroit, Michigan on Jan. 9, 2025
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    Bill Pugliano via Getty Images
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    Ford taps finance VP as new CFO

    Sherry House will move into the CFO role as planned after joining the automaker in June, when she inked a $4.5 million signing bonus as part of her compensation package.  

    By Grace Noto • Feb. 12, 2025
  • A driver hands are visible sitting behind the wheel of a 2025 Fiat 500e electric car.
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    Courtesy of Stellantis
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    Stellantis to launch AI-powered in-car assistant

    The automaker also aims to deploy technology developed by France-based startup Mistral AI across vehicle engineering, fleet data analysis, sales and manufacturing.

    By Feb. 12, 2025
  • A Jack Cooper Transport truck delivers a load of new Chevrolets and Buicks to a dealership in the sun in Newport Beach, California, in 2018.
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    TennesseePhotographer via Getty Images
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    Jack Cooper shutting down after losing automaker contracts

    Ford Motor Co. and General Motors ended agreements with the vehicle carrier, according to a spokesperson for the hauler.

    By David Taube • Feb. 11, 2025
  • Ionna rechargery apex north carolina
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    Provided by Hyundai Motor America

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    Ionna moves forward with EV charging network

    The automaker-led joint venture remains committed to rolling out public charging infrastructure, despite the suspension of government funding.

    By Feb. 11, 2025
  • A construction worker climbing a support structure for a building.
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    Joe Raedle via Getty Images
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    Trump tags steel, aluminum imports with 25% tariffs

    The new duties build on actions from the president's first term while axing exemptions and product exclusions.

    By Philip Neuffer • Updated Feb. 11, 2025
  • Toyota North Carolina Liberty battery plant
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    Provided by Toyota Motor Corp. 

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    Toyota’s expanded $14B North Carolina EV battery plant ready to roll

    The batteries produced at the facility will be used in hybrids, plug-in hybrids and fully electric vehicles built in North America.

    By Feb. 10, 2025