GM scales back EV plans with a $6B EV writedown
On the Dash:
GM will record about $6 billion in EV-related charges tied to reduced production and supplier contract settlements.
The writedown reflects weaker EV demand following the end of...
TSLA375.30011.03%
GM83.9501.75%
F13.180-0.03%
RIVN15.3600.37%
CYD35.040-0.36%
HMC32.5300.33%
TM192.5000.97%
CVNA67.2002.09%
PAG212.160-0.45%
LAD316.150-0.12%
AN168.7600.47%
GPI250.8704.45%
ABG184.5501.49%
SAH65.9202.26%
TSLA375.30011.03%
GM83.9501.75%
F13.180-0.03%
RIVN15.3600.37%
CYD35.040-0.36%
HMC32.5300.33%
TM192.5000.97%
CVNA67.2002.09%
PAG212.160-0.45%
LAD316.150-0.12%
AN168.7600.47%
GPI250.8704.45%
ABG184.5501.49%
SAH65.9202.26%
TSLA375.30011.03%
GM83.9501.75%
F13.180-0.03%
RIVN15.3600.37%
CYD35.040-0.36%
HMC32.5300.33%
TM192.5000.97%
CVNA67.2002.09%
PAG212.160-0.45%
LAD316.150-0.12%
AN168.7600.47%
GPI250.8704.45%
ABG184.5501.49%
SAH65.9202.26%
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Ford targets Level 3 eyes-off driving by 2028 with new EV platform
On the Dash:
Ford plans to launch Level 3 eyes-off driving on highways by 2028, debuting on a new EV platform.
The technology will be offered as a paid feature,...
Lithia Motors to pay $300k in Alaska settlement over car pricing allegations
On the Dash:
Lithia Motors agreed to pay $300,000 and provide restitution in a pricing settlement with Alaska regulators.
The state alleged dealerships failed to include dealer fees in advertised...
Ford posts best US sales since 2019 as trucks, hybrids offset EV slowdown
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Ford’s U.S. sales rose 6% in 2025 to 2.2 million vehicles, its strongest annual result since 2019.
Strong F-Series and hybrid sales helped offset EV declines and...
Senate committee postpones hearing amid Detroit Three CEO pushback
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A Senate committee postponed a hearing that would have brought Ford, GM, and Stellantis CEOs together for joint testimony for the first time since 2008.
Ford and...
Analysts warn of uncertain US auto market in 2026 after 2% sales gain in 2025
On the Dash:
U.S. new vehicle sales rose about 2% in 2025, supported by trucks, SUVs, hybrids, and affordable models.
Automakers overcame tariffs, supply disruptions, and shifting EV policies, though...
Auto dealer sentiment turns positive in 2025 as survey reveals profit and valuation expectations improve for the first time since 2021
More dealers are positive than negative as valuation and earnings expectations improve, driving a rise in acquisition activity; Toyota and Lexus continue lead as the most sought-after franchises, while domestic...
Ford posts record 152 recalls in 2025 but says vehicle quality is improving
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Ford issued a record 152 safety recalls in 2025, reflecting an aggressive approach to detecting and correcting defects.
The company doubled its safety team, expanded testing, and...
Weekly roundup: Toyota Nov sales dip, GM stock jumps 55%, Sen. Cruz clashes with Detroit Three
ICYMI: Toyota's global sales in November dropped 1.9%. General Motors' shares are up over 55%, marking its best performance since its 2009 bankruptcy. Detroit Three, Sen. Cruz clash over vehicle affordability...
GM extends Flint Assembly shutdown through Jan. 26
On the Dash:
GM has paused production at Flint Assembly through Jan. 26, 2026, resulting in extended temporary layoffs.
The company has not disclosed how many workers are affected or...
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