Automakers: Page 19
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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 -
Courtesy of WardsAuto
Tariff Woes for European Automakers; Toyota Output Hits Record
Aston Martin, Porsche, Mercedes-Benz and Lamborghini see profits hit in first-half 2025 earnings results.
By Paul Myles • July 30, 2025 -
Explore the Trendline➔
Courtesy of Kia Corporation
TrendlineArtificial Intelligence
Automakers and dealers alike are increasingly seeing the use case for AI within their operations. Explore some use cases in this trendline.
By WardsAuto staff -
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 -
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 -
Courtesy of WardsAuto
Stellantis Posts First-Half Losses in ‘Tough’ Year
U.S. tariff hit heads up reasons for predicted $2.7 billion overall loss for 2025.
By Paul Myles • July 29, 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 -
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 -
Courtesy of WardsAuto
JLR-Backed Battery Recycle Project Wins Government Funding
Automaker’s sustainability projects aiming for net-zero-emission vehicle production by 2039.
By Paul Myles • 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 -
Courtesy of WardsAuto
Europe’s Automakers Cautiously Welcome U.S. Trade Deal
Auto tariffs are reduced from 27.5% to 15% in a draft deal agreed at Trump’s Scottish Turnberry golf club.
By Paul Myles • July 28, 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 Phil 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 -
Courtesy of WardsAuto
Volkswagen Takes $1.5 Billion Hit From U.S. Tariffs
Auto group forced to trim full-year earnings forecast and “realign” its business model possibly focused on less U.S. trade.
By Paul Myles • 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 -
Courtesy of WardsAuto
Japanese, U.S. Automakers Split on Trade Deal
The agreement cuts tariffs on Japanese vehicle exports to the U.S. from 27.5% to 15% and includes no volume restrictions. A spokesman for the major U.S. automakers says the pact appears to be a “bad deal for U.S. industry and U.S. auto workers.”
By Keith Nuthall • 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 WardsAuto
JLR Trims Managerial Jobs in U.K.
Automaker offers voluntary redundancy package to 500 managers as “part of normal business practice.”
By Paul Myles • 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 Phil 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
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