Tesla stock rises as Musk-Trump feud cools, robotaxi hopes ignite

Jaelyn Campbell - June 12, 2025

Tesla stock extended its rally for a fourth straight session Wednesday, climbing another 0.1% and gaining more than 10% for the week, as tensions between CEO Elon Musk and President...

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$Akio Toyoda was re-elected Toyota chairman as the automaker advances a \$33B buyout bid, drawing scrutiny from overseas investors.$

Toyota’s Akio Toyoda re-elected Chairman amid $33B buyout scrutiny

Staff Writer - June 12, 2025

Akio Toyoda was re-elected chairman of Toyota Motor during the company’s annual general meeting on Thursday, securing continued support from shareholders despite international criticism of a $33 billion buyout bid...

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BMW is simplifying its performance SUV lineup by eliminating its base model XM and moving forward exclusively with the BMW XM Label for 2026.

BMW streamlines XM lineup with 738-HP label model for 2026

CBT News Editorial Team - June 12, 2025

BMW is simplifying its flagship performance SUV lineup by eliminating the base model XM and moving forward exclusively with the high-powered BMW XM Label for 2026. The updated model, producing...

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Auto credit access eases in May

Staff Writer - June 12, 2025

Auto credit access improved slightly in May, according to the latest Dealertrack Credit Availability Index. The All-Loans Index rose to 96.7, up from 95.5 in April, marking a 1.2-point month-over-month...

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New framework deal grants U.S. ‘upfront’ access to Chinese rare earth materials

Jasmine Kiniklis - June 11, 2025

President Donald Trump announced the completion of a trade framework with China, pending final approval from Chinese President Xi Jinping. The deal outlines that China will provide the United States with...

Articles EVs & Technology

Toyota and Daimler Truck confirmed on Tuesday that they will finalize the merger of their respective commercial fleet vehicle subsidiaries.

Toyota, Daimler Truck finalize Hino-Fuso merger to boost EV, autonomy development

CBT News Editorial Team - June 11, 2025

Toyota and Daimler Truck confirmed on Tuesday that they will finalize the merger of their respective commercial fleet vehicle subsidiaries, Hino Motors and Mitsubishi Fuso Truck and Bus, under a...

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Senator Bernie Moreno is leading a push to reshape key automotive provisions in President Trump’s tax package.

Senator Moreno proposes tax bill reforms to support U.S. auto industry

Jaelyn Campbell - June 11, 2025

Senator Bernie Moreno (R-Ohio), a former auto dealer and first-term lawmaker, is leading a push to reshape key automotive provisions in President Donald Trump’s tax package, currently under Senate consideration....

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GM boosts U.S. manufacturing with $4B investment amid tariff pressures

Jasmine Kiniklis - June 11, 2025

General Motors (GM) will invest $4 billion in three of its U.S. manufacturing plants as part of a sweeping plan to shift or expand production of two Mexican-assembled vehicles back...

Articles EVs & Technology

Hyundai has built up a rare earths inventory sufficient to sustain electric and hybrid vehicle production for about a year.

Hyundai secures one-year rare earth supply amid China export curbs

Jaelyn Campbell - June 11, 2025

Hyundai has built up a rare earths inventory sufficient to sustain electric and hybrid vehicle production for about a year, positioning the company ahead of many competitors grappling with China’s...

Headlines EVs & Technology

New-vehicle prices stay flat in May despite tariff pressures

Staff Writer - June 11, 2025

New-vehicle prices remained stable in May as automakers and dealers worked to offset rising costs tied to tariff uncertainty, according to new data from Cox Automotive’s Kelley Blue Book. The average...

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Headlines

Tesla stock rises as Musk-Trump feud cools, robotaxi hopes ignite

Toyota’s Akio Toyoda re-elected Chairman amid $33B buyout scrutiny

BMW streamlines XM lineup with 738-HP label model for 2026

Auto credit access eases in May

New framework deal grants U.S. ‘upfront’ access to Chinese rare earth materials

Toyota, Daimler Truck finalize Hino-Fuso merger to boost EV, autonomy development

Senator Moreno proposes tax bill reforms to support U.S. auto industry

GM boosts U.S. manufacturing with $4B investment amid tariff pressures

Hyundai secures one-year rare earth supply amid China export curbs

New-vehicle prices stay flat in May despite tariff pressures

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