Toyota weighs $42 billion deal to buy out supplier
Toyota is considering buying out Toyota Industries Corp., one of its key part suppliers, in a deal worth $42 billion. In a filing with the Tokyo Stock Exchange on Saturday,...
TSLA375.000-2.81%
GM82.2501.26%
F12.2500.13%
RIVN14.330-0.01%
CYD29.0700.89%
HMC32.4800.81%
TM186.0003.09%
CVNA63.2100.45%
PAG198.0503.83%
LAD288.8701.5%
AN157.0700.86%
GPI236.6104%
ABG168.9601.19%
SAH61.5100.99%
TSLA375.000-2.81%
GM82.2501.26%
F12.2500.13%
RIVN14.330-0.01%
CYD29.0700.89%
HMC32.4800.81%
TM186.0003.09%
CVNA63.2100.45%
PAG198.0503.83%
LAD288.8701.5%
AN157.0700.86%
GPI236.6104%
ABG168.9601.19%
SAH61.5100.99%
TSLA375.000-2.81%
GM82.2501.26%
F12.2500.13%
RIVN14.330-0.01%
CYD29.0700.89%
HMC32.4800.81%
TM186.0003.09%
CVNA63.2100.45%
PAG198.0503.83%
LAD288.8701.5%
AN157.0700.86%
GPI236.6104%
ABG168.9601.19%
SAH61.5100.99%
automotive industry news
Uber expands driverless fleet with VW ID Buzz partnership
Uber and Volkswagen (VW) have announced a new collaboration to deploy thousands of autonomous, electric ID Buzz vans throughout the U.S. in a strategic partnership to expand autonomous ride-hailing options...
Turning tariffs into opportunity: How dealers can maximize service revenue
As new tariffs threaten to raise prices on imported vehicles and auto parts, dealership leaders and consultants are urging the industry to stay focused on the customer experience. In today's...
Trump considers tariff relief for automakers, White House confirms
President Donald Trump is considering exempting automakers from specific tariffs. The White House confirmed the information with CNBC on Wednesday following a report from the Financial Times. This consideration comes...
NHTSA to streamline crash reporting, expand AV testing flexibility
The Trump administration is clearing the way for more autonomous vehicles (AVs) to hit the pavement on American roads by easing federal safety regulations and streamlining reporting rules. These changes...
Hyundai profit holds, but U.S. import duties pose risk
Hyundai posted a modest 0.2% rise in net profit to $2.37 billion for the first quarter of 2025, surpassing analyst expectations despite ongoing challenges in the global automotive market. The...
Nissan projects $5B loss amid global restructuring efforts
Nissan expects a significant net loss of roughly $5 billion for the fiscal year that ended in March. This marks a drastic difference from the company's initial projection of a...
Could five-minute charging finally push EVs past the tipping point?
Welcome back to the latest episode of “The Future of Automotive” on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Weekly Roundup: Dealers sue Scout, GM stays course in Mexico, Ford halts China exports
Earlier this week: California dealers sued VW and Scout Motors to block the direct sales model, seeking $35 million in penalties. GM confirms Mexican EV production will continue despite tariffs....
Trump administration targets imported commercial trucks in national security probe
The U.S. Department of Commerce has launched a new national security investigation into imports of medium- and heavy-duty trucks and related parts, a move that could lead to sweeping tariffs...
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