Porsche denies U.S. production shift amid tariff concerns
Porsche has rejected reports suggesting it plans to move part of its vehicle production to the United States, pushing back on claims the automaker is seeking to mitigate potential tariff...
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
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BofA’s ‘Car Wars’ report warns of massive EV write-downs, market volatility through 2029
Auto manufacturers are entering what Bank of America Securities describes as the most volatile period in modern industry history, with electric vehicle (EV) investments faltering, core product strategies shifting, and global competition...
U.S. tariffs cost automakers 18 months of planning, S&P Global says
Automakers and suppliers have lost at least 18 months of strategic product planning due to ongoing shifting tariffs under the Trump administration, according to S&P Global. Michael Robinet, vice president...
Weekly Roundup: Trump doubles steel tariffs, Tesla faces $25K EV concerns, Auto sales slow in May
Earlier this week: Trump doubled steel tariffs to 50%. Tesla execs raise red flags after Musk denied $25K EV cancellation, Reuters reports. U.S. auto sales slow in May as tariff...
Musk battles Trump over $2.4T tax bill, fights to save EV credit
Elon Musk is actively working to derail President Donald Trump’s $2.4 trillion tax bill after failing to convince Republican lawmakers to preserve key electric vehicle subsidies. The Tesla CEO personally...
Lucid secures U.S. graphite deal to bolster domestic battery supply chain
Lucid Group has finalized a multi-year supply agreement with Graphite One Inc. to secure domestically sourced natural graphite for its future electric vehicle batteries. The deal marks Lucid’s third U.S.-based...
Spending power dispute erupts over Trump’s halt of NEVI EV grants
The White House rejected a Government Accountability Office (GAO) conclusion that the Trump administration illegally delayed $5 billion in EV infrastructure grants. On Tuesday, the Office of Management and Budget...
EV sales climb to record high as global prices drop and adoption expands
According to the International Energy Agency’s latest Global EV Outlook, sales of electric vehicles (EVs) are accelerating globally, despite trade pressures and market disruptions, including U.S. tariffs.
In 2024, more than...
Volkswagen reaches deal for 20,000 voluntary job cuts across German sites
Volkswagen (VW) has secured agreements for approximately 20,000 employees to voluntarily leave the company by 2030, a major milestone in its sweeping plan to restructure German operations. The move is...
Nissan CEO vows to fix automaker as sales slide and tariff pressure mounts
Nissan CEO Ivan Espinosa said the automaker is undergoing a major overhaul to address deep-rooted structural issues and stabilize its deteriorating performance. Speaking Wednesday on CNBC’s Squawk Box Europe, Espinosa...
