Autoline Daily 2025: Top Industry News for Jan. 28

GM Spends Billions on One-Time Charges; Lithium Mining Starts in Oklahoma; VW Could Sell German Plants to Its Chinese JVs

Jan. 28, 2025

GM Posts Healthy 2024 Results, Girds for Trump Tariffs

General Motors’ 2024 year-end financial results are at the high end of forecasts. But the automaker is preparing for a rollback in EV federal tax credits and looming threats of tariffs on Mexico and Canada that would hurt business in 2025.

By David Kiley • Jan. 28, 2025

Explore the Trendline➔

Automotive Manufacturing

Production strategies are changing rapidly as tariffs and shifts in consumer buying patterns affect the industry.

By WardsAuto staff

Georgia Rivian plant to resume construction

After a pause due to high costs, the electric vehicle manufacturer anticipates work on the project near Atlanta to begin in 2026.

By Zachary Phillips • Jan. 28, 2025

Autoline Daily 2025: Top Industry News for Jan. 27

Genesis Concept Uses Tank Tracks; Trump Tariffs To Hit OEM Profits; Maextro Lux Sedan Crab Walks

Jan. 27, 2025

Toyota Motor North America COO retires

Mark Templin succeeds Jack Hollis who retired from the role after 33 years with the company.

By Larry Avila • Jan. 27, 2025

Hyundai’s revenue jumped 11.9% in 2024

The automaker noted that its Q4 profit declined by 17.2% due to higher warranty costs and bigger incentives to boost sales.

By Eric Walz • Jan. 27, 2025

Trump executive orders torch Biden’s DEI initiatives

The 47th president promptly axed federal diversity, equity and inclusion programs after repeatedly promising to do so on the campaign trail.

By Ryan Golden • Jan. 27, 2025

NHTSA opens probe of over 877K GM vehicles for engine failures

Owners of the vehicles complained of connecting rod bearing wear, which has led to catastrophic engine damage without any prior symptoms.

By Eric Walz • Jan. 27, 2025

Autoline Daily: Top Industry News Jan. 24

Nicola looking for a financial lifeline; Rivian's tech attractive to other automakers

Jan. 24, 2025

Hyundai Owns Latest Most-Seen Auto TV Ad

In a spot that received 243.6 million national TV ad impressions, per iSpot, Hyundai emphasizes how consumers can buy its vehicles on Amazon.

By Wards Staff • Jan. 24, 2025

Chinese Investors Eye Volkswagen’s Excess German Plants

Establishment of European production is key to providing Chinese automakers with a politically viable pathway to North American sales.

By Greg Kable • Jan. 24, 2025

Portuguese Lithium Deposits Boost EU’s Auto Battery Plans

Mining company revises its estimates of high-grade lithium deposits suggesting they will exceed the 28 million tons first thought.

By Paul Myles • Jan. 24, 2025

New vehicle prices rose 1.3% YoY in December

The value of incentives and discounts also remained elevated, according to Cox Automotive Kelley Blue Book.

By Kalena Thomhave • Jan. 24, 2025

Autoline Daily: Top Industry News Jan. 23

GM and Hyundai edge closer; VinFast losing billions

Jan. 23, 2025

Stellantis reverses plans, will reopen Belvidere Assembly plant

The revival of the shuttered site also ends a dispute with the United Auto Workers.

By Eric Walz • Jan. 23, 2025

What Trump’s executive orders mean for automakers

New policies are unlikely to slow EV adoption but may benefit gas-powered vehicles, analysts say.

By Larry Avila • Jan. 22, 2025

Trump freezes IRA funding

Trump also revoked the Biden administration's EV mandate and pulled out of the Paris climate agreement as part of several energy-related actions.

By Kate Magill • Jan. 22, 2025

Trump eyes 10% China tariff hike by Feb. 1

The president floated a similar timeline for 25% tariffs on Canada and Mexico.

By Phil Neuffer • Jan. 22, 2025

Polestar Promises More Tariff-Avoiding Local Vehicle Production

Polestar CEO stresses that cutting vehicle production costs by building products in its sales markets is driving business and profits as much as side-stepping punitive import duties.

By Paul Myles • Jan. 22, 2025

Autoline Daily: Top Industry News Jan. 21

Ford likely to kill Lightning; Trump Tariffs

Jan. 21, 2025

Trump Pulls Punches on Tariffs on Canada and Mexico

President Trump signed executive orders to “evaluate” tariffs on China, Mexico and Canada. The then President-elect said in November he would impose tariffs of 25% on the three countries on day one of his presidency.

By David Kiley • Jan. 21, 2025

GM, Vianode announce synthetic graphite supply deal for EV batteries

The "multi-billion dollar" agreement covers the development of large-scale manufacturing in North America and supply of the raw material through 2033.

By Eric Walz • Jan. 21, 2025

Trump orders trade review ahead of potential tariffs

Federal agencies have until April 1 to give recommendations on trade pacts with Mexico, Canada and China.

By Phil Neuffer • Jan. 21, 2025

Autoline Daily 2025: Top Industry News for Jan. 17

Cybertruck Called A Flop; China Burns Record Level of Coal; EU Suppliers Ax 54,000 Jobs

Jan. 17, 2025

Polestar Curbs Expansion in Some Markets as Premium BEV Sales Slow

BEV automaker outlines a fresh business strategy as it fights back into profitability. The plan includes a new European-manufactured compact SUV.

By Paul Myles • Jan. 17, 2025