Latest Car, EV, Dealership, Technology and Tariff News

The latest news from the global automotive industry, focusing on auto dealers, dealership buy/sell, manufacturing, executive changes, earnings, mergers and acquisitions and more.
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

The higher levy, designed to boost U.S. steel output and protect U.S. jobs, will go into effect next week, the White House said, capping a tumultuous stretch that saw a trade court rule Trump's sweeping “reciprocal” tariff regime illegal, only for an appeals court to offer a stay keeping the duties temporarily in place.

May 30, 2025 11:21 PM
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

China dominates the market for magnets used for windshield wiper motors and other key auto parts, and imposed restrictions in early April requiring exporters to obtain licenses. The head of a trade group representing GM, Toyota, VW Group, Hyundai and other automakers has raised urgent concerns with the White House.

May 30, 2025 08:23 PM
Live updates on tariffs: Court rulings sow tariff confusion

Updates on the latest automotive industry effects from the Trump tariffs

Last Updated
May 30, 2025 08:17 PM
Daily 5 report for May 30: A look at some Ford family dynamics

Bill Ford gave the world a glimpse into family-business dynamics.

May 30, 2025 07:31 PM
China’s Huawei pulls cover off 1 million yuan EV to crack luxury market

The Maextro S800, developed with Anhui Jianghuai Automobile Group Corp. is designed to rival top-end models from Mercedes-Benz Group and Volkswagen Group’s Bentley.

May 30, 2025 06:23 PM
Volvo Cars outlook cut by S&P over U.S. tariffs, competition in China

The credit rating agency said it expects Volvo Cars’ profitability and cash generation, after investments, to come under pressure in 2025-2026, partly alleviated by a substantial cost reduction program.

May 30, 2025 05:36 PM
#1 Cochran Automotive trains service leaders from within

#1 Cochran Automotive is training its top-level service advisers to become service managers through an apprentice program.

May 30, 2025 04:00 PM
VinFast Canada to close five of 10 stores as EV outlook shifts

The Vietnam-based EV startup has 10 corporate stores across B.C., Ontario and Quebec. It said it would maintain a presence in each province, but did not give full details on what stores would close.

May 30, 2025 04:00 PM
BYD, Great Wall clash over China’s bruising price war

Shares in Chinese automakers such as BYD, Nio and Xpeng tumbled after the chairman of Great Wall Motor worried openly about China’s deepening price war, with pricing pressure hammering car companies and suppliers.

May 30, 2025 03:59 PM
N.J. dealership in lawsuit counterclaim accuses Nissan of strong-arm tactics

A New Jersey Infiniti dealership said in an answer to Nissan's lawsuit against it that the automaker mischaracterized the issues.

May 30, 2025 03:47 PM
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