Audi lowered its full-year 2025 forecast due to mounting cost pressures from higher U.S. import tariffs & softening demand.

Audi lowers 2025 forecast as U.S. tariffs and restructuring drag on profits

Ashby Lincoln - July 28, 2025

Audi has lowered its full-year 2025 forecast as mounting cost pressures from higher U.S. import tariffs, internal restructuring, and softening demand in key global markets weigh on performance. The German automaker...

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The United States and European Union reached a framework trade agreement on Sunday that establishes a 15% baseline tariff.

U.S.-EU trade deal sets 15% tariff baseline, easing auto and tech sector uncertainty

Jaelyn Campbell - July 28, 2025

The United States and European Union reached a framework trade agreement on Sunday that establishes a 15% baseline tariff on nearly all EU goods entering the U.S., including cars, which...

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Tesla and Samsung ink $16.5B chip supply deal for next-gen AI chips

Colin Fitzpatrick - July 28, 2025

Tesla has signed a $16.5 billion contract with Samsung Electronics to supply next-generation AI chips, marking a major step forward for Samsung’s struggling U.S. foundry business and bolstering Tesla’s future...

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European automakers are set to gain an estimated $4.7 billion from a new trade deal between the U.S. and the European Union.

BMW, Mercedes gain $4.7B from new US-EU trade deal

Ashby Lincoln - July 28, 2025

European automakers, including BMW AG and Mercedes-Benz Group, are set to gain an estimated €4 billion ($4.7 billion) from a new trade deal between the U.S. and European Union that...

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Vehicle satisfaction reaches new high as all categories improve in 2025 J.D. Power APEAL study

Colin Fitzpatrick - July 28, 2025

The 2025 J.D. Power U.S. Automotive Performance, Execution and Layout (APEAL) Study shows a 4-point year-over-year increase in overall vehicle satisfaction, reaching 851 on a 1,000-point scale. This is the...

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President Trump said there’s a “50-50, maybe less” chance of reaching a trade deal with the European Union ahead of an August 1 deadline.

Trump says odds of EU trade deal at 50-50 as auto tariffs loom

Jaelyn Campbell - July 25, 2025

President Donald Trump said there’s a “50-50, maybe less” chance of reaching a trade deal with the European Union ahead of an August 1 deadline, but signaled optimism that talks...

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Volkswagen cut its full-year outlook and reported a 29% decline in Q2 profit, as U.S. tariffs & restructuring measures impacted earnings.

Volkswagen trims outlook after profit falls 29% amid tariffs, restructuring costs

Jaelyn Campbell - July 25, 2025

Volkswagen AG cut its full-year outlook and reported a 29% decline in second-quarter profit as U.S. tariffs and internal restructuring measures weighed heavily on earnings. The German automaker reported an...

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Kia is adjusting its US business operations, including reallocating inventory, slashing customer incentives to mitigate impact of US tariffs.

Kia adjusts US operations, slashes incentives amid tariff impact

Jasmine Kiniklis - July 25, 2025

Kia announced on Thursday that it will adjust its business operations and sales strategies in the United States to further mitigate the impact of the U.S. auto tariffs. The South...

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LG Energy Solution warns of EV demand slowdown amid U.S. tariffs, subsidy end

Ashby Lincoln - July 25, 2025

South Korean battery maker LG Energy Solution (LGES) reported a strong quarterly profit increase but cautioned on Friday about a looming slowdown in electric vehicle (EV) demand expected early next...

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Honda launches a nationwide insurance agency offering competitive quotes and OEM parts coverage to enhance the customer journey.

Honda launches Insurance Solutions agency to expand ownership experience

Colin Fitzpatrick - July 25, 2025

American Honda Motor Co. has launched Honda Insurance Solutions, a licensed agency providing auto, home, motorcycle, and RV insurance coverage to customers nationwide. Powered by the VIU by HUB brokerage...

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Audi lowers 2025 forecast as U.S. tariffs and restructuring drag on profits

U.S.-EU trade deal sets 15% tariff baseline, easing auto and tech sector uncertainty

Tesla and Samsung ink $16.5B chip supply deal for next-gen AI chips

BMW, Mercedes gain $4.7B from new US-EU trade deal

Vehicle satisfaction reaches new high as all categories improve in 2025 J.D. Power APEAL study

Trump says odds of EU trade deal at 50-50 as auto tariffs loom

Volkswagen trims outlook after profit falls 29% amid tariffs, restructuring costs

Kia adjusts US operations, slashes incentives amid tariff impact

LG Energy Solution warns of EV demand slowdown amid U.S. tariffs, subsidy end

Honda launches Insurance Solutions agency to expand ownership experience

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