Corporate/Finance


  • Stellantis Mopar New York Hudson Valley distribution center
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    Provided by Stellantis 

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    Stellantis opens automated parts distribution center in New York’s Hudson Valley

    The company said the new facility’s technology will speed order completion and delivery times in the region.

    By Kalena Thomhave • May 19, 2025
  • A stack of $20 U.S. bills lay on top of a scattering of more $20 bills.
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    Maksym Kapliuk via Getty Images
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    Inflation expected to surge to 7.3% in a year, fueled by tariff worry

    Consumer sentiment has slumped this year even as recent “hard data” reveal stable prices and robust hiring.

    By Jim Tyson • May 19, 2025
  • Sterling Anderson GM chief product officer Aurora Innovation
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    Provided by General Motors

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    GM names Aurora Innovation co-founder as chief product officer

    Sterling Anderson will manage product lifecycles for the automaker's gas vehicles and EVs, effective June 2.

    By May 16, 2025
  • A woman stands in a supermarket.
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    Brandon Bell via Getty Images
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    Employers say their benefits are modern. Employees don’t agree, study finds.

    “The workplace is at a tipping point,” with a lot at stake for employers, said Michael Estep, president of Prudential Group Insurance.

    By Ginger Christ • May 16, 2025
  • Workers at Honda of Canada Manufacturing in Allison, Ontario pose with a 2025 dark blue Civic hybrid during its production start in June 2024.
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    Courtesy of Honda Canada Inc.
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    Honda postpones $11B EV production investment in Canada

    The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models to avoid tariffs.

    By May 14, 2025
  • Nissan Smyrna Tennessee plant
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    Provided by Nissan Motor Co. 

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    Nissan maneuvers to soften $3B hit from tariffs

    The automaker says mitigation strategies, including collaborating with suppliers, will lessen the impact of U.S. duties by 30%.

    By May 14, 2025
  • Nissan Smyrna vehicle assembly plant
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    Provided by Nissan Motor Co. 

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    Nissan slashing 20K jobs by FY2027

    The automaker’s latest cost-savings plan also calls for seven plant closures in an effort to generate $3.4 billion in savings.

    By May 13, 2025
  • A blue 2024 Toyota Prius parked outdoors with a city skyline in the background.
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    Courtesy of Toyota Motor North America
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    Toyota forecasts net income decline of 21% amid tariffs

    The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and potentially higher supply chain costs.

    By May 13, 2025
  • Polestar 3 SUV
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    Provided by Polestar

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    Polestar names new North America leader

    Rick Bryant will succeed Anders Gustafsson, effective May 12. 

    By May 12, 2025
  • Treasury Secretary Scott Bessent appears before the House Financial Services Committee on May 7, 2025, in Washington, D.C.
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    Pete Marovich via Getty Images
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    US, China agree to reduce tariff rates for 90 days

    By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.

    By Philip Neuffer • May 12, 2025
  • Shopper Tesla Cybertruck New York
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    Spencer Platt via Getty Images
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    Deep Dive

    Omnichannel, first-party data top automotive marketing trends in 2025

    OEMs and dealers are investing heavily in customer retention and conquesting and creating seamless buyers’ journeys, experts say.

    By May 9, 2025
  • The Honda logo is displayed at the Howdy Honda dealership on March 18, 2024 in Austin, Texas.
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    Brandon Bell via Getty Images
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    American Honda steers AI efforts with data governance, quality focus

    The generative AI early adopter has worked to improve data management as it aims for better model accuracy and performance to bolster decision-making. 

    By Lindsey Wilkinson • May 9, 2025
  • Lucid Motors Group EVs SUV
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    Provided by Lucid Motors

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    Lucid leans into US manufacturing, Gravity launch amid market headwinds

    The luxury EV manufacturer touts growth, tech licensing potential and domestic supply chain advantages in the wake of tariff turmoil.

    By Nancy Dunham | WardsAuto • May 8, 2025
  • Duncan Aldred president GM North America
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    Provided by General Motors

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    GM names North America president

    Duncan Aldred takes over the role vacated by Marissa West in August 2024.

    By May 7, 2025
  • Hyundai Ioniq 9
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    Provided by Hyundai Motor Co. 

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    Hyundai bolsters executive leadership

    The automaker promoted one executive to a new global role and another to oversee its North America manufacturing.

    By May 7, 2025
  • President Donald Trump waves before boarding Marine One on the South Lawn of the White House on April 29, 2025 in Washington, DC.
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    Win McNamee via Getty Images
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    ‘We’re headed in the wrong direction’: Tariffs drive up prices, hurt output, PMI says

    Manufacturers pulled back on production last month as the Trump administration's volatile trade policy caused consumer confusion and a drop in demand, according to the Institute for Supply Management. 

    By May 6, 2025
  • Ford Mustang Mach-E
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    Provided by Ford Motor Co. 

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    Ford lowers 2025 earnings outlook amid tariffs, BEV losses

    While the automaker faces headwinds for the rest of 2025, the company says it is improving quality and lowering fixed costs.

    By David Kiley | WardsAuto • May 6, 2025
  • A white 2024 2024 Jeep Grand Wagoneer L parked in front of a house.
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    Courtesy of Stellantis
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    Tariffs see Stellantis ditch financial forecast as Q1 revenues slide

    The automaker’s first quarter revenue slumps 14% as it launches its financial recovery plan.

    By Paul Myles | WardsAuto • May 2, 2025
  • General Motors 2025 Chevrolet Trax tariffs
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    Provided by General Motors 

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    GM projects up to $5B in tariff costs in 2025

    The automaker says it will work to hold the line on consumer pricing of its vehicles.

    By David Kiley | WardsAuto • May 2, 2025
  • Mercedes-Benz USA Alabama plant SUV
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    Provided by Mercedes-Benz 

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    Mercedes-Benz to produce a new ‘core-segment’ vehicle in Alabama

    Details were limited, but a spokesperson said the move aligns with the automaker's focus on optimization amid market shifts.

    By May 2, 2025
  • Buick Envista 2024
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    Provided by General Motors

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    GM beats Wall Street expectations, suspends guidance over tariffs

    General Motors is heavily exposed to tariffs, including its Buick brand, but Trump’s waffling offers some relief.

    By David Kiley | WardsAuto • April 30, 2025
  • 2 millionth Dodge Ram Michigan assembly line Stellantis
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    Provided by Stellantis

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    Stellantis marks 2M Ram 1500 trucks built in Michigan plant

    The facility will manufacture electric trucks, with a hybrid option coming to market this year.

    By Kalena Thomhave • April 29, 2025
  • Ford Michigan Van Dyke Powertrain Center Sterling Heights Michigan
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    Provided by Ford Motor Co. 

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    Tariffs could spike costs for domestic automakers by $108B

    A new report estimates that higher import duties on automotive parts will impact nearly all of the 17.7 million vehicles built in the U.S. annually.

    By Kalena Thomhave • April 29, 2025
  • Mercedes-Benz LA car lot
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    Mario Tama via Getty Images
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    Adam Chamberlain returns to Mercedes-Benz USA as CEO

    Dimitris Psillakis will transition to a senior strategic advisor role and remain with the company until the end of 2025, the automaker said.

    By Kalena Thomhave • April 28, 2025
  • Volvo S90 exterior 2025
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    Provided by Volvo Cars

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    Volvo Cars names new CFO

    Deputy CFO Fredrik Hansson has taken over for Johan Ekdahl, who resigned after nearly a decade on the job.

    By April 25, 2025