Auto credit access rises in July as approvals and rates improve

Colin Fitzpatrick - August 11, 2025

Auto credit availability improved in July for the third consecutive month, according to Cox Automotive's Dealertrack Credit Availability Index. The All-Loans Index climbed to 98.1 from 97.1 in June, driven...

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CarGurus report reveals US auto market remains resilient amid tariffs

Jasmine Kiniklis - August 8, 2025

Despite the ripple effects of President Donald Trump's tariffs, policy shifts and persistent affordability concerns, the retail automotive market remains strong, according to recent findings in the CarGurus July 2025...

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The NHTSA opened an audit into more than 137,000 Kia Soul and Seltos vehicles following concerns that a previous repair may not be working.

Kia’s fix for faulty engines in Soul, Seltos under federal audit

Jaelyn Campbell - August 8, 2025

The National Highway Traffic Safety Administration (NHTSA) has opened an audit into more than 137,000 Kia Soul and Seltos vehicles following concerns that a previous recall repair for defective piston...

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GM plans to import LFP batteries from China’s CATL to power its second-generation Chevrolet Bolt, despite facing steep tariffs.

GM to import Chinese batteries for 2026 Chevy Bolt, WSJ reports

Colin Fitzpatrick - August 8, 2025

General Motors plans to import lithium iron phosphate (LFP) batteries from China’s CATL to power its second-generation Chevrolet Bolt, a move that allows GM to keep its most affordable EV...

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Trump tariffs expected to shrink UAW worker profit-sharing checks

Ashby Lincoln - August 8, 2025

New import tariffs enacted by President Donald Trump’s administration are projected to significantly reduce profit-sharing payouts for United Auto Workers (UAW) members at General Motors, Ford, and Stellantis. These annual...

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Tesla is shifting its AI chip development exclusively toward inference chips that run real-time AI models in vehicles and robotics.

Tesla ends Dojo team to prioritize next-gen AI chips

Ashby Lincoln - August 8, 2025

Tesla is ending its in-house Dojo supercomputer program, shifting its AI chip development exclusively toward inference chips that run real-time AI models in vehicles and robotics. CEO Elon Musk confirmed...

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Wholesale used-vehicle prices dip in July as market shows mixed trends

Colin Fitzpatrick - August 8, 2025

Wholesale used-vehicle prices fell in July compared to June, with the Manheim Used Vehicle Value Index (MUVVI) dropping 0.5% to 207.4. Despite the monthly dip, prices remain 2.9% higher year-over-year....

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Hertz shares jumped 13% after a smaller-than-expected Q2 loss, driven by fleet cuts, depreciation drops, and fewer Teslas.

Hertz shares climb after smaller-than-expected Q2 loss

Jasmine Kiniklis - August 7, 2025

Hertz's shares surged by 13% after posting a smaller-than-expected loss in the second quarter. The company made a marginal profit of $1 million in earnings before interest, taxes, depreciation, and...

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Trade negotiator Ryosel Akazawa urged U.S. Commerce Secretary Howard Lutnick to implement an agreed tariff cut on Japanese cars and auto parts

Japan presses U.S. to finalize tariff cut on auto imports

Jaelyn Campbell - August 7, 2025

During a Washington meeting on Wednesday, trade negotiator Ryosei Akazawa urged U.S. Commerce Secretary Howard Lutnick to swiftly implement a previously agreed tariff cut on Japanese cars and auto parts....

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Hyundai Motor Company and General Motors have announced details for the first five vehicles from their strategic collaboration.

Hyundai, GM to co-develop five new vehicles for global markets

Jaelyn Campbell - August 7, 2025

Hyundai Motor Company and General Motors have announced details for the first five vehicles from their strategic collaboration, signaling a major milestone in their global partnership. The automakers will co-develop...

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Headlines

Auto credit access rises in July as approvals and rates improve

CarGurus report reveals US auto market remains resilient amid tariffs

Kia’s fix for faulty engines in Soul, Seltos under federal audit

GM to import Chinese batteries for 2026 Chevy Bolt, WSJ reports

Trump tariffs expected to shrink UAW worker profit-sharing checks

Tesla ends Dojo team to prioritize next-gen AI chips

Wholesale used-vehicle prices dip in July as market shows mixed trends

Hertz shares climb after smaller-than-expected Q2 loss

Japan presses U.S. to finalize tariff cut on auto imports

Hyundai, GM to co-develop five new vehicles for global markets

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