Canada drops digital services tax to salvage derailed trade talks with US
Canada halted the enforcement of its Digital Services Tax (DST) just a few hours before it was set to take effect on Monday in an effort to salvage trade discussions...
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
automotive industry news
Dave Cantin Group facilitates two California dealership transactions in one week amid acceleration in automotive M&A activity
NEW YORK, June 27, 2025 –The Dave Cantin Group (DCG), a leading mergers and acquisitions advisory company to retail automotive groups and their owners, today announced the successful closings of two...
Trump halts trade talks with Canada over digital tax, threatens new tariffs
President Donald Trump announced Friday that the United States is immediately ending all trade discussions with Canada and will impose new tariffs within the next week in response to Canada’s...
Senate GOP seeks to end EV tax credits by September 30
Senate Republicans released a revised tax and budget bill on Friday that would accelerate the phase-out of the federal EV tax credits for new and used electric vehicle purchases and...
Ford’s Jim Farley calls for industrial independence, limited tariffs
Ford Motor Company CEO Jim Farley is urging policymakers to consider modest tariffs as a tool to support domestic manufacturing and job creation. Speaking at the Aspen Ideas Festival on...
Dealership valuations hold firm despite inventory, tariff pressure — Erin Kerrigan | Kerrigan Advisors
With valuations holding steady and consolidation accelerating, dealers are entering the second half of the year with cautious optimism. In today's episode of Inside Automotive, Erin Kerrigan, managing director of...
June new-vehicle sales subdued after reverse of tariff-driven rush to showrooms; retail sales rise 7.5% in first half of 2025
The Total Sales Forecast
Total new-vehicle sales for June 2025, including retail and non-retail transactions, are projected to reach 1,247,900, a 2.5% increase from June 2024 according to a joint forecast...
Supreme Court sides with fuel industry in challenge to California emissions standards
The U.S. Supreme Court has ruled that a group of fuel producers can proceed with a legal challenge to California’s vehicle emissions standards, reversing a lower court decision that previously...
Alliance for Automotive Innovation reports new U.S. electric vehicle data
149 electric models now available for sale in U.S.
EVs: 9.6 percent of new U.S. light-duty vehicle sales in Q1 2025, down 1.3 percentage points from Q4 2024
EVs: 2.1...
U.S. car exports to China plummeted in May
U.S. vehicle exports to China declined dramatically in May as U.S.-China trade relations remain fragile. The volatile relationship between the world's two largest economies has prompted automakers to reduce shipments...
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